Meta Platforms, Inc.

META Communication Services Internet Content & Information

Meta Platforms, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $201.0 billion, up 22.2% from fiscal 2024. In the quarter to June 2026, revenue grew 28.0%, EPS fell 14.4%, free cash flow fell 80.7% and total debt rose 190.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for three.

737.54 24.96 −3.27%
Market cap
$1.94T
P/E
27.4×
Fwd P/E
18.0×
Dividend yield
0.28%
F-score
5/9
Altman Z
8.69
Beneish M
−3.03
Dividend safety
85/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue
27,638.00 40,653.00 55,838.00 70,697.00 85,965.00 117,929.00 116,609.00 134,902.00 164,501.00 200,966.00
Revenue Growth
54.16% 47.09% 37.35% 26.61% 21.60% 37.18% (1.12%) 15.69% 21.94% 22.17%
Cost of Revenue
3,789.00 5,454.00 9,355.00 12,770.00 16,692.00 22,649.00 25,249.00 25,959.00 30,161.00 36,175.00
Gross Profit
23,849.00 35,199.00 46,483.00 57,927.00 69,273.00 95,280.00 91,360.00 108,943.00 134,340.00 164,791.00
R&D Expenses
5,919.00 7,754.00 10,273.00 13,600.00 18,447.00 24,655.00 35,338.00 38,483.00 43,873.00 57,372.00
SG&A Expenses
5,503.00 7,242.00 11,297.00 20,341.00 18,155.00 23,872.00 27,078.00 23,709.00 21,087.00 24,143.00
Operating Income
12,427.00 20,203.00 24,913.00 23,986.00 32,671.00 46,753.00 28,944.00 46,751.00 69,380.00 83,276.00
Non-operating Income/Expense
91.00 391.00 448.00 826.00 509.00 531.00 (125.00) 677.00 1,283.00 2,656.00
EBT
12,518.00 20,594.00 25,361.00 24,812.00 33,180.00 47,284.00 28,819.00 47,428.00 70,663.00 85,932.00
Income Tax Provision
2,301.00 4,660.00 3,249.00 6,327.00 4,034.00 7,914.00 5,619.00 8,330.00 8,303.00 25,474.00
Income after Tax
10,217.00 15,934.00 22,112.00 18,485.00 29,146.00 39,370.00 23,200.00 39,098.00 62,360.00 60,458.00
Dividends (Preferred)
29.00 14.00 1.00 — — — — — — —
Net Income Common
10,188.00 15,920.00 22,111.00 18,485.00 29,146.00 39,370.00 23,200.00 39,098.00 62,360.00 60,458.00
EPS (Basic)
3.56 5.49 7.65 6.48 10.22 13.99 8.63 15.19 24.61 23.98
EPS (Diluted)
3.49 5.39 7.57 6.43 10.09 13.77 8.59 14.87 23.86 23.49
Shares (Basic, Weighted)
2,863.00 2,901.00 2,890.00 2,854.00 2,851.00 2,815.00 2,687.00 2,574.00 2,534.00 2,521.00
Shares (Diluted, Weighted)
2,925.00 2,956.00 2,921.00 2,876.00 2,888.00 2,859.00 2,702.00 2,629.00 2,614.00 2,574.00
Gross Margin
86.29% 86.58% 83.25% 81.94% 80.58% 80.79% 78.35% 80.76% 81.67% 82.00%
EBIT Margin
44.96% 49.70% 44.62% 33.93% 38.01% 39.65% 24.82% 34.66% 42.18% 41.44%
EBT margin
45.29% 50.66% 45.42% 35.10% 38.60% 40.10% 24.71% 35.16% 42.96% 42.76%
Net Profit Margin
36.86% 39.16% 39.60% 26.15% 33.90% 33.38% 19.90% 28.98% 37.91% 30.08%
Free Cash Flow Margin
42.03% 43.01% 27.51% 30.00% 27.49% 33.17% 16.54% 32.67% 32.87% 22.94%
EBITDA
14,769.00 23,228.00 29,228.00 29,727.00 39,533.00 54,720.00 37,630.00 57,929.00 84,878.00 101,892.00
EBIT
12,427.00 20,203.00 24,913.00 23,986.00 32,671.00 46,753.00 28,944.00 46,751.00 69,380.00 83,276.00
Income from Continuous Operations
10,217.00 15,934.00 22,112.00 18,485.00 29,146.00 39,370.00 23,200.00 39,098.00 62,360.00 60,458.00
Consolidated Net Income/Loss
10,217.00 15,934.00 22,112.00 18,485.00 29,146.00 39,370.00 23,200.00 39,098.00 62,360.00 60,458.00
EPS (Basic, from Continuous Ops)
3.57 5.49 7.65 6.48 10.22 13.99 8.63 15.19 24.61 23.98
EPS (Basic, Consolidated)
3.57 5.49 7.65 6.48 10.22 13.99 8.63 15.19 24.61 23.98
EPS (Diluted, from Cont. Ops)
3.49 5.39 7.57 6.43 10.09 13.77 8.59 14.87 23.86 23.49
Shares (Diluted, Average)
2,925.00 2,956.00 2,921.00 2,876.00 2,888.00 2,859.00 2,702.00 2,629.00 2,614.00 2,574.00
EPS (Diluted, Consolidated)
3.49 5.39 7.57 6.43 10.09 13.77 8.59 14.87 23.86 23.49
EBITDA Margin
53.44% 57.14% 52.34% 42.05% 45.99% 46.40% 32.27% 42.94% 51.60% 50.70%
Operating Cash Flow Margin
58.28% 59.57% 52.43% 51.37% 45.07% 48.91% 43.29% 52.71% 55.52% 57.62%

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In millions of $ except per-share values · columns are period end dates