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Meta Platforms, Inc.
META · NasdaqGS
trade.xyz perp price (HIP-3, Hyperliquid), not the security's own quote. Updated 2026-08-18 09:05:02 UTC.
Key figures
Profile
| Sector | Communication Services |
| Country | United States |
| Employees | 75,472 |
Leadership
- Mr. Mark Elliot Zuckerberg — Founder, Chairman & CEO
- Ms. Dina Powell McCormick — President & Vice Chairman
- Ms. Susan J. S. Li — Chief Financial Officer
- Mr. Javier Olivan — Chief Operating Officer
- Mr. Andrew Bosworth — Chief Technology Officer
Description
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through Instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Meta AI, an assistant that's available across apps, as a stand-alone app, on AI glasses, and on the web; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact. The RL segment provides virtual and augmented reality products, including consumer hardware, software, and content that help people feel connected, as well as Meta Quest devices that enable social experiences across gaming, fitness, entertainment, and more. The segment also includes wearables such as AI glasses like Ray Ban Meta and Oakley Meta glasses; and the Meta Ray Ban Display, which combines AI glasses with an integrated lens display and the Meta Neural Band, a wrist worn device using electromyography that lets people control their AI glasses through neuromuscular signals. Meta Platforms, Inc. has a collaboration with Microsoft Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., Broadcom Inc., and OpenAI, L.L.C. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.
Issuer profile: yahoo finance (yfinance). Board price: TradFi screener. Market cap, P/E and the 52-week range: stockanalysis.com, re-read daily.
Issuer financials
What the company reports, next to what the desk trades. Statements come from Yahoo Finance and are printed in the currency the issuer reports in.
Statements are in USD, the currency this issuer reports in. The perp price at the top of this page is a USDC quote on trade.xyz: the same unit, a different thing.
From revenue to profit
The income statement for the latest quarterly period, ending 2026-06-30. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | $60.8B | $11.3B | $49.5B | $21.7B | $9.0B | $18.8B | $15.8B |
| 2026-03-31 | $56.3B | $10.2B | $46.1B | $17.7B | $5.5B | $22.9B | $26.8B |
| 2025-12-31 | $59.9B | $10.9B | $49.0B | $17.1B | $7.1B | $24.7B | $22.8B |
| 2025-09-30 | $51.2B | $9.2B | $42.0B | $15.1B | $6.4B | $20.5B | $2.7B |
| 2025-06-30 | $47.5B | $8.5B | $39.0B | $12.9B | $5.6B | $20.4B | $18.3B |
The income statement for the latest annual period, ending 2025-12-31. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | $201.0B | $36.2B | $164.8B | $57.4B | $24.1B | $83.3B | $60.5B |
| 2024-12-31 | $164.5B | $30.2B | $134.3B | $43.9B | $21.1B | $69.4B | $62.4B |
| 2023-12-31 | $134.9B | $26.0B | $108.9B | $38.5B | $23.7B | $46.8B | $39.1B |
| 2022-12-31 | $116.6B | $25.2B | $91.4B | $35.3B | $27.1B | $28.9B | $23.2B |
Balance sheet
Assets, liabilities and equity at the end of each period. Click a name in the legend to drop that line.
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2026-06-30 | $450.0B | $188.7B | $261.2B |
| 2026-03-31 | $395.2B | $151.6B | $243.7B |
| 2025-12-31 | $366.0B | $148.8B | $217.2B |
| 2025-09-30 | $303.8B | $109.8B | $194.1B |
| 2025-06-30 | $294.7B | $99.7B | $195.1B |
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2025-12-31 | $366.0B | $148.8B | $217.2B |
| 2024-12-31 | $276.1B | $93.4B | $182.6B |
| 2023-12-31 | $229.6B | $76.5B | $153.2B |
| 2022-12-31 | $185.7B | $60.0B | $125.7B |
Cash flow
Cash the business produced and where it went. Capital spending is negative because it leaves.
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2026-06-30 | $31.9B | $1.7B | −$30.1B | −$1.8B |
| 2026-03-31 | $32.2B | $13.2B | −$19.0B | −$8.0B |
| 2025-12-31 | $36.2B | $14.8B | −$21.4B | $27.2B |
| 2025-09-30 | $30.0B | $11.2B | −$18.8B | −$1.9B |
| 2025-06-30 | $25.6B | $9.0B | −$16.5B | −$16.4B |
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2025-12-31 | $115.8B | $46.1B | −$69.7B | −$6.6B |
| 2024-12-31 | $91.3B | $54.1B | −$37.3B | $3.4B |
| 2023-12-31 | $71.1B | $44.1B | −$27.0B | $27.1B |
| 2022-12-31 | $50.5B | $19.3B | −$31.2B | −$631.0M |
Margins
Margin per period is computed here from two published lines: gross profit over revenue, operating income over revenue, net income over revenue. The source publishes only trailing twelve-month ratios, which are in the table below. A period with no revenue gets no point.
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2026-06-30 | 81.4% | 30.9% | 26.1% |
| 2026-03-31 | 81.9% | 40.6% | 47.5% |
| 2025-12-31 | 81.8% | 41.3% | 38.0% |
| 2025-09-30 | 82.0% | 40.1% | 5.3% |
| 2025-06-30 | 82.1% | 43.0% | 38.6% |
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2025-12-31 | 82.0% | 41.4% | 30.1% |
| 2024-12-31 | 81.7% | 42.2% | 37.9% |
| 2023-12-31 | 80.8% | 34.7% | 29.0% |
| 2022-12-31 | 78.3% | 24.8% | 19.9% |
Trailing ratios
Trailing twelve months, as the source states them. Not per period and not comparable with the chart above.
| Measure | Value |
|---|---|
| Gross margin | 81.75% |
| Operating margin | 34.83% |
| EBITDA margin | 48.04% |
| Net margin | 29.83% |
| Return on assets | 14.59% |
| Return on equity | 29.85% |
| Revenue growth | 28.00% |
| Earnings growth | −13.40% |
| Debt to equity | 43.00% |
| Current ratio | 2.23 |
| Quick ratio | 1.99 |
| Cash | $90.3B |
| Debt | $112.3B |
| Revenue | $228.2B |
| EBITDA | $109.7B |
| Operating cash flow | $130.3B |
| Free cash flow | $21.6B |
Analyst recommendations
Counts as the source publishes them, for the month shown. Ratings are the analysts' own, not the desk's, and the desk does not weight them.
Average score is the source's own scale: 1 is strong buy, 5 is strong sell.
| Month | Strong buy | Buy | Hold | Sell | Strong sell | Total |
|---|---|---|---|---|---|---|
| this month | 8 | 47 | 7 | 0 | 0 | 62 |
| 1 month ago | 8 | 47 | 7 | 0 | 0 | 62 |
| 2 months ago | 8 | 49 | 6 | 0 | 0 | 63 |
| 3 months ago | 8 | 49 | 7 | 0 | 0 | 64 |
Analyst price targets
Where the analysts polled above see the price of the security going. Their numbers, not the desk's, and the desk neither weights them nor trades them.
| Measure | As published |
|---|---|
| Average | $754.14 |
| Median | $750.00 |
| Lowest | $580.00 |
| Highest | $1,000 |
Targets are in USD, the currency the security is quoted in. That is the source's own answer, not a guess from the ticker's country: the price the source prints beside the targets matches the quote, and that is what fixes their base. Targets and the perp price are both in dollars, so there is nothing to convert.
Next earnings
| Measure | Value |
|---|---|
| Date | 2026-10-28 |
| EPS estimate | $6.97 |
| EPS range | $6.31 … $7.64 |
| Revenue estimate | $63.3B |
The date is the source's estimate, not a date the company confirmed. Date read from yahoo finance (cli). The two transports disagree by a day on purpose: one answers in exchange-local time, the other in UTC, so the date and its flag always travel together from the same answer.
Statements read 2026-08-13. Source: yahoo finance (yfinance).