MET Meta Platforms META · Nasdaq · Communication
SEC EDGAR ↗ SEC EDGAR Filings checked 23 Oct 2026, 16:23 UTC Financials checked 23 Oct 2026, 16:23 UTC
Some records were last checked more than 24 hours ago. These are the last verified records; check the official source for the latest filings.
Annual reporting period: 2025-01-01 — 2025-12-31 · USD
Annual revenue $200.97B Year over year +22.2%
Annual net income $60.46B Consolidated net income
Annual operating income $83.28B Consolidated basis
Operating margin 41.4% Operating income / revenue
Revenue over time ANNUAL
2016-12-31 · 27,638,000,000 USD
2016 $27.64B
2017-12-31 · 40,653,000,000 USD
2017 $40.65B
2018-12-31 · 55,838,000,000 USD
2018 $55.84B
2019-12-31 · 70,697,000,000 USD
2019 $70.7B
2020-12-31 · 85,965,000,000 USD
2020 $85.97B
2021-12-31 · 117,929,000,000 USD
2021 $117.93B
2022-12-31 · 116,609,000,000 USD
2022 $116.61B
2023-12-31 · 134,902,000,000 USD
2023 $134.9B
2024-12-31 · 164,501,000,000 USD
2024 $164.5B
2025-12-31 · 200,966,000,000 USD
2025 $200.97B Each bar is one fiscal year of revenue, ending on the date shown.
Company & data Meta Platforms, Inc. Services-Computer Programming, Data Processing, Etc.
Market: United States
How this data is calculated →
Income statement CONSOLIDATED Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Revenue $200.97B $164.5B $134.9B $116.61B $117.93B $85.97B $70.7B $55.84B $40.65B $27.64B Cost of revenue $36.18B $30.16B $25.96B $25.25B $22.65B $16.69B $12.77B $9.36B $5.45B $3.79B Gross profitcomputed $164.79B $134.34B $108.94B $91.36B $95.28B $69.27B $57.93B $46.48B $35.2B $23.85B Research and development $57.37B $43.87B $38.48B $35.34B $24.66B $18.45B $13.6B $10.27B $7.75B $5.92B Selling, general and administrative $12.15B $9.74B $11.41B $11.82B $9.83B $6.56B $10.47B $3.45B $2.52B $1.73B Operating expenses $117.69B $95.12B $88.15B $87.67B $71.18B $53.29B $46.71B $30.93B $20.45B $15.21B Operating income $83.28B $69.38B $46.75B $28.94B $46.75B $32.67B $23.99B $24.91B $20.2B $12.43B Non-operating income $2.66B $1.28B $677M $-125M $531M $509M $826M $448M $391M $91M Income tax expense $25.47B $8.3B $8.33B $5.62B $7.91B $4.03B $6.33B $3.25B $4.66B $2.3B Net income $60.46B $62.36B $39.1B $23.2B $39.37B $29.15B $18.49B $22.11B $15.93B $10.22B Basic EPS 23.98 24.61 15.19 8.63 13.99 10.22 6.48 7.65 5.49 3.56 Diluted EPS 23.49 23.86 14.87 8.59 13.77 10.09 6.43 7.57 5.39 3.49 Diluted shares outstanding 2.57B 2.61B 2.63B 2.70B 2.86B 2.89B 2.88B 2.92B 2.96B 2.93B
Balance sheet CONSOLIDATED Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Total assets $366.02B $276.05B $229.62B $185.73B $165.99B $159.32B $133.38B $97.33B $84.52B $64.96B Current assets $108.72B $100.05B $85.37B $59.55B $66.67B $75.67B $66.23B $50.48B $48.56B $34.4B Cash and equivalents $35.87B $43.89B $41.86B $14.68B $16.6B $17.58B $19.08B $10.02B $8.08B $8.9B Short-term investments $45.72B $33.93B $23.54B $26.06B $31.4B — — — $33.63B $20.55B Accounts receivable $19.77B $16.99B $16.17B $13.47B $14.04B $11.34B $9.52B $7.59B $5.83B $3.99B Property, plant and equipment $176.4B $121.35B $96.59B $79.52B $57.81B $45.63B $35.32B $24.68B $13.72B $8.59B Total liabilities $148.78B $93.42B $76.46B $60.01B $41.11B $31.03B $32.32B $13.21B $10.18B $5.77B Current liabilities $41.84B $33.6B $31.96B $27.03B $21.14B $14.98B $15.05B $7.02B $3.76B $2.88B Accounts payable — — — — — $1.33B $1.36B $820M $380M $302M Long-term debt $58.74B $28.83B $18.39B $9.92B $0M — — — — — Shareholders' equity $217.24B $182.64B $153.17B $125.71B $124.88B $128.29B $101.05B $84.13B $74.35B $59.19B Retained earnings $121.18B $102.51B $82.07B $64.8B $69.76B $77.35B $55.69B $41.98B $33.99B $21.67B
Cash flow statement CONSOLIDATED Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Operating cash flow $115.8B $91.33B $71.11B $50.48B $57.68B $38.75B $36.31B $29.27B $24.22B $16.11B Investing cash flow $-102B $-47.15B $-24.5B $-28.97B $-7.57B $-30.06B $-19.86B $-11.6B $-20.12B $-11.79B Financing cash flow $-20.37B $-40.78B $-19.5B $-22.14B $-50.73B $-10.29B $-7.3B $-15.57B $-5.24B $-310M Capital expenditure $69.69B $37.26B $27.05B $31.19B $18.69B $15.16B $15.1B $13.92B $6.73B $4.49B Depreciation and amortisation $18.62B $15.5B $11.18B $8.69B $7.97B $6.86B $5.74B $4.32B $3.03B $2.34B Dividends paid $5.32B $5.07B $0M $0M — — — — — — Share buybacks $26.25B $30.13B $19.77B $27.96B $44.54B $6.27B $4.2B $12.88B $1.98B $0M
Key ratios COMPUTED HERE Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Gross margin 82.0% 81.7% 80.8% 78.3% 80.8% 80.6% 81.9% 83.2% 86.6% 86.3% Operating margin 41.4% 42.2% 34.7% 24.8% 39.6% 38.0% 33.9% 44.6% 49.7% 45.0% Net margin 30.1% 37.9% 29.0% 19.9% 33.4% 33.9% 26.1% 39.6% 39.2% 37.0% Return on equity 27.8% 34.1% 25.5% 18.5% 31.5% 22.7% 18.3% 26.3% 21.4% 17.3% Return on assets 16.5% 22.6% 17.0% 12.5% 23.7% 18.3% 13.9% 22.7% 18.9% 15.7% Asset turnover 0.55× 0.60× 0.59× 0.63× 0.71× 0.54× 0.53× 0.57× 0.48× 0.43× Current ratio 2.60× 2.98× 2.67× 2.20× 3.15× 5.05× 4.40× 7.19× 12.92× 11.97× Debt to equity 68.5% 51.1% 49.9% 47.7% 32.9% 24.2% 32.0% 15.7% 13.7% 9.7% Net debt $22.87B $-15.06B $-23.48B $-4.76B $-16.6B $-17.58B $-19.08B $-10.02B $-8.08B $-8.9B Free cash flow $46.11B $54.07B $44.07B $19.29B $38.99B $23.58B $21.21B $15.36B $17.48B $11.62B
Amounts are as filed. An em dash means that line was not reported, not that it is nil; rows marked “computed” and the whole key-ratios table are worked out here from those amounts.
About this record 10 fiscal years from 2016 to 2025, covering 32 statement lines, collected from SEC EDGAR. The most recent was confirmed on 2026-01-29.
Its 41.44% operating margin in the latest fiscal year is at or above 87% of the 45 listed companies collected here, closest to Broadcom 39.89% and Samsung Biologics 45.41%.
1 line here were not reported separately and follow by subtraction from lines that were. They are marked “computed” in the tables.
This page offers no investment view or forecast about Meta Platforms. The amounts are as the company filed them, the ratios follow from those amounts, and no currency is converted.
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