Meta Platforms, Inc. (META)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue51,242,000,000$47,516,000,000$42,314,000,000$48,385,000,000$40,589,000,000$39,071,000,000$36,455,000,000$40,111,000,000$34,146,000,000$31,999,000,000$28,645,000,000$32,165,000,000$27,714,000,000$28,822,000,000$27,908,000,000$33,671,000,000$29,010,000,000$29,077,000,000$26,171,000,000$28,072,000,000$21,470,000,000$18,687,000,000$17,737,000,000$21,082,000,000$17,652,000,000$16,886,000,000$15,077,000,000$16,914,000,000$13,727,000,000$13,231,000,000$11,966,000,000$12,972,000,000$10,328,000,000$9,321,000,000$8,032,000,000$8,809,000,000$7,011,000,000$6,436,000,000$5,382,000,000$5,841,000,000$4,501,000,000$4,042,000,000$3,543,000,000$3,851,000,000$3,203,000,000$2,910,000,000$2,502,000,000$2,586,000,000$
QoQ%7.84%12.29%(12.55%)19.21%3.89%7.18%(9.12%)17.47%6.71%11.71%(10.94%)16.06%(3.84%)3.28%(17.12%)16.07%(.23%)11.10%(6.77%)30.75%14.89%5.36%(15.87%)19.43%4.54%12.00%(10.86%)23.22%3.75%10.57%(7.76%)25.60%10.80%16.05%(8.82%)25.65%8.93%19.58%(7.86%)29.77%11.36%14.08%(8.00%)20.23%10.07%16.31%(3.25%)28.27%
YoY%26.25%21.61%16.07%20.63%18.87%22.10%27.27%24.70%23.21%11.02%2.64%(4.47%)(4.47%)(.88%)6.64%19.95%35.12%55.60%47.55%33.16%21.63%10.67%17.64%24.64%28.59%27.63%26.00%30.39%32.91%41.95%48.98%47.26%47.31%44.83%49.24%50.81%55.77%59.23%51.91%51.68%40.53%38.90%41.61%48.92%58.88%60.51%71.61%63.16%
Cost Of Revenue9,206,000,000$8,491,000,000$7,572,000,000$8,839,000,000$7,375,000,000$7,308,000,000$6,640,000,000$7,695,000,000$6,210,000,000$5,945,000,000$6,108,000,000$8,336,000,000$5,716,000,000$5,192,000,000$6,005,000,000$6,348,000,000$5,771,000,000$5,399,000,000$5,131,000,000$5,210,000,000$4,194,000,000$3,829,000,000$3,459,000,000$3,491,000,000$3,155,000,000$3,307,000,000$2,816,000,000$2,796,000,000$2,418,000,000$2,214,000,000$1,927,000,000$1,611,000,000$1,448,000,000$1,237,000,000$1,159,000,000$1,047,000,000$987,000,000$917,000,000$838,000,000$824,000,000$720,000,000$668,000,000$654,000,000$652,000,000$565,000,000$473,000,000$462,000,000$491,000,000$
Gross Profit42,036,000,000$39,025,000,000$34,742,000,000$39,546,000,000$33,214,000,000$31,763,000,000$29,815,000,000$32,416,000,000$27,936,000,000$26,054,000,000$22,537,000,000$23,829,000,000$21,998,000,000$23,630,000,000$21,903,000,000$27,323,000,000$23,239,000,000$23,678,000,000$21,040,000,000$22,862,000,000$17,276,000,000$14,858,000,000$14,278,000,000$17,591,000,000$14,497,000,000$13,579,000,000$12,261,000,000$14,118,000,000$11,309,000,000$11,017,000,000$10,039,000,000$11,361,000,000$8,880,000,000$8,084,000,000$6,873,000,000$7,762,000,000$6,024,000,000$5,519,000,000$4,544,000,000$5,017,000,000$3,781,000,000$3,374,000,000$2,889,000,000$3,199,000,000$2,638,000,000$2,437,000,000$2,040,000,000$2,095,000,000$
Gross Margin82.03%82.13%82.11%81.73%81.83%81.30%81.79%80.82%81.81%81.42%78.68%74.08%79.38%81.99%78.48%81.15%80.11%81.43%80.39%81.44%80.47%79.51%80.50%83.44%82.13%80.42%81.32%83.47%82.39%83.27%83.90%87.58%85.98%86.73%85.57%88.11%85.92%85.75%84.43%85.89%84.00%83.47%81.54%83.07%82.36%83.75%81.54%81.01%
Operating Expenses21,501,000,000$18,584,000,000$17,187,000,000$16,182,000,000$15,864,000,000$16,916,000,000$15,997,000,000$16,032,000,000$14,188,000,000$16,662,000,000$15,310,000,000$17,430,000,000$16,334,000,000$15,272,000,000$13,379,000,000$14,738,000,000$12,816,000,000$11,311,000,000$9,662,000,000$10,087,000,000$9,236,000,000$8,895,000,000$8,385,000,000$8,733,000,000$7,312,000,000$8,953,000,000$8,944,000,000$6,298,000,000$5,528,000,000$5,154,000,000$4,590,000,000$4,009,000,000$3,758,000,000$3,683,000,000$3,546,000,000$3,195,000,000$2,907,000,000$2,785,000,000$2,534,000,000$2,457,000,000$2,322,000,000$2,101,000,000$1,956,000,000$2,066,000,000$1,241,000,000$1,047,000,000$965,000,000$963,000,000$
Operating Income20,535,000,000$20,441,000,000$17,555,000,000$23,364,000,000$17,350,000,000$14,847,000,000$13,818,000,000$16,384,000,000$13,748,000,000$9,392,000,000$7,227,000,000$6,399,000,000$5,664,000,000$8,358,000,000$8,524,000,000$12,585,000,000$10,423,000,000$12,367,000,000$11,378,000,000$12,775,000,000$8,040,000,000$5,963,000,000$5,893,000,000$8,858,000,000$7,185,000,000$4,626,000,000$3,317,000,000$7,820,000,000$5,781,000,000$5,863,000,000$5,449,000,000$7,352,000,000$5,122,000,000$4,401,000,000$3,327,000,000$4,567,000,000$3,117,000,000$2,734,000,000$2,010,000,000$2,560,000,000$1,459,000,000$1,273,000,000$933,000,000$1,133,000,000$1,397,000,000$1,390,000,000$1,075,000,000$1,132,000,000$
Operating Margin40.08%43.02%41.49%48.29%42.75%38.00%37.90%40.85%40.26%29.35%25.23%19.89%20.44%29.00%30.54%37.38%35.93%42.53%43.48%45.51%37.45%31.91%33.22%42.02%40.70%27.40%22.00%46.23%42.11%44.31%45.54%56.68%49.59%47.22%41.42%51.85%44.46%42.48%37.35%43.83%32.42%31.49%26.33%29.42%43.62%47.77%42.97%43.77%
Interest Income
Interest Expenses6,000,000$
Income Before Tax21,663,000,000$20,534,000,000$18,382,000,000$23,552,000,000$17,822,000,000$15,106,000,000$14,183,000,000$16,807,000,000$14,020,000,000$9,293,000,000$7,307,000,000$6,149,000,000$5,576,000,000$8,186,000,000$8,908,000,000$12,703,000,000$10,565,000,000$12,513,000,000$11,503,000,000$13,055,000,000$8,133,000,000$6,131,000,000$5,861,000,000$9,169,000,000$7,329,000,000$4,832,000,000$3,482,000,000$7,971,000,000$5,912,000,000$5,868,000,000$5,610,000,000$7,462,000,000$5,236,000,000$4,488,000,000$3,408,000,000$4,533,000,000$3,164,000,000$2,754,000,000$2,066,000,000$2,557,000,000$1,432,000,000$1,273,000,000$932,000,000$1,114,000,000$1,336,000,000$1,386,000,000$1,075,000,000$1,130,000,000$
Tax Expenses18,954,000,000$2,197,000,000$1,738,000,000$2,714,000,000$2,134,000,000$1,641,000,000$1,814,000,000$2,790,000,000$2,437,000,000$1,505,000,000$1,598,000,000$1,496,000,000$1,181,000,000$1,499,000,000$1,443,000,000$2,418,000,000$1,371,000,000$2,119,000,000$2,006,000,000$1,836,000,000$287,000,000$953,000,000$959,000,000$1,820,000,000$1,238,000,000$2,216,000,000$1,053,000,000$1,089,000,000$775,000,000$762,000,000$622,000,000$3,193,000,000$529,000,000$594,000,000$344,000,000$964,000,000$537,000,000$472,000,000$328,000,000$996,000,000$536,000,000$554,000,000$420,000,000$413,000,000$530,000,000$595,000,000$433,000,000$607,000,000$
Net Income2,709,000,000$18,337,000,000$16,644,000,000$20,838,000,000$15,688,000,000$13,465,000,000$12,369,000,000$14,017,000,000$11,583,000,000$7,788,000,000$5,709,000,000$4,653,000,000$4,395,000,000$6,687,000,000$7,465,000,000$10,285,000,000$9,194,000,000$10,394,000,000$9,497,000,000$11,219,000,000$7,846,000,000$5,178,000,000$4,902,000,000$7,349,000,000$6,091,000,000$2,616,000,000$2,429,000,000$6,882,000,000$5,137,000,000$5,106,000,000$4,988,000,000$4,269,000,000$4,707,000,000$3,894,000,000$3,064,000,000$3,569,000,000$2,627,000,000$2,283,000,000$1,738,000,000$1,561,000,000$896,000,000$719,000,000$512,000,000$701,000,000$806,000,000$791,000,000$642,000,000$523,000,000$
Profit Margin5.29%38.59%39.33%43.07%38.65%34.46%33.93%34.95%33.92%24.34%19.93%14.47%15.86%23.20%26.75%30.55%31.69%35.75%36.29%39.97%36.54%27.71%27.64%34.86%34.51%15.49%16.11%40.69%37.42%38.59%41.69%32.91%45.58%41.78%38.15%40.52%37.47%35.47%32.29%26.73%19.91%17.79%14.45%18.20%25.16%27.18%25.66%20.22%
TTM30.89%39.99%39.11%37.91%35.55%34.34%32.06%28.98%23.42%18.71%18.27%19.90%24.41%28.16%31.20%33.38%35.88%37.18%35.74%33.90%32.00%31.29%28.57%26.15%27.08%27.26%33.17%39.60%37.58%39.32%40.05%39.20%41.75%39.65%38.11%36.97%33.28%29.23%24.86%20.57%17.75%18.70%20.80%23.58%24.66%23.78%21.57%19.05%
Earnings to Minority1,000,000$1,000,000$3,000,000$4,000,000$5,000,000$9,000,000$7,000,000$7,000,000$6,000,000$7,000,000$5,000,000$4,000,000$3,000,000$5,000,000$4,000,000$3,000,000$3,000,000$3,000,000$
Earnings to Common Shareholders2,709,000,000$18,337,000,000$16,644,000,000$20,838,000,000$15,688,000,000$13,465,000,000$12,369,000,000$14,017,000,000$11,583,000,000$7,788,000,000$5,709,000,000$4,653,000,000$4,395,000,000$6,687,000,000$7,465,000,000$10,285,000,000$9,194,000,000$10,394,000,000$9,497,000,000$11,219,000,000$7,846,000,000$5,178,000,000$4,902,000,000$7,349,000,000$6,091,000,000$2,616,000,000$2,429,000,000$6,882,000,000$5,137,000,000$5,106,000,000$4,987,000,000$4,268,000,000$4,704,000,000$3,890,000,000$3,059,000,000$3,560,000,000$2,620,000,000$2,276,000,000$1,732,000,000$1,554,000,000$891,000,000$715,000,000$509,000,000$696,000,000$802,000,000$788,000,000$639,000,000$520,000,000$
QoQ%(85.23%)10.17%(20.13%)32.83%16.51%8.86%(11.76%)21.01%48.73%36.42%22.70%5.87%(34.28%)(10.42%)(27.42%)11.87%(11.55%)9.45%(15.35%)42.99%51.53%5.63%(33.30%)20.65%132.84%7.70%(64.71%)33.97%.61%2.39%16.85%(9.27%)20.93%27.17%(14.07%)35.88%15.11%31.41%11.45%74.41%24.62%40.47%(26.87%)(13.22%)1.78%23.32%22.89%23.22%
YoY%(82.73%)36.18%34.56%48.66%35.44%72.89%116.66%201.25%163.55%16.47%(23.52%)(54.76%)(52.20%)(35.67%)(21.40%)(8.33%)17.18%100.73%93.74%52.66%28.81%97.94%101.81%6.79%18.57%(48.77%)(51.29%)61.25%9.21%31.26%63.03%19.89%79.54%70.91%76.62%129.09%194.05%218.32%240.28%123.28%11.10%(9.26%)(20.34%)33.85%90.05%138.07%194.47%1,109.30%
Earnings Per Share, Basic1.08$7.28$6.59$8.24$6.20$5.31$4.86$5.46$4.50$3.03$2.21$1.76$1.64$2.47$2.74$3.72$3.27$3.67$3.34$3.93$2.75$1.82$1.72$2.58$2.13$0.92$0.85$2.39$1.78$1.76$1.72$1.47$1.62$1.34$1.06$1.24$0.91$0.80$0.61$0.55$0.32$0.26$0.18$0.25$0.31$0.31$0.25$0.21$
Earnings Per Share, Diluted1.05$7.14$6.43$7.95$6.03$5.16$4.71$5.26$4.39$2.98$2.20$1.75$1.64$2.46$2.72$3.65$3.22$3.61$3.30$3.85$2.71$1.80$1.71$2.55$2.12$0.91$0.85$2.38$1.76$1.74$1.69$1.44$1.59$1.32$1.04$1.21$0.89$0.78$0.60$0.54$0.31$0.25$0.18$0.25$0.30$0.30$0.24$0.20$
Unlevered FCF Per Share, Basic4.44$3.58$4.39$5.37$6.51$4.42$5.05$4.61$5.40$4.35$2.77$2.17$0.12$1.71$3.17$4.59$3.46$3.04$2.79$3.29$2.15$0.22$2.61$1.75$2.02$1.75$1.92$1.15$1.44$0.98$1.74$1.86$1.51$1.35$1.31$1.27$1.02$0.93$0.82$1.37$0.50$0.48$0.43$1.06$0.30$0.34$0.36$0.30$
Unlevered FCF Per Share, Diluted4.34$3.51$4.28$5.17$6.33$4.29$4.89$4.43$5.27$4.28$2.76$2.14$0.12$1.70$3.15$4.51$3.41$2.99$2.75$3.22$2.12$0.22$2.60$1.73$2.01$1.73$1.91$1.15$1.43$0.97$1.71$1.82$1.48$1.33$1.29$1.24$1.00$0.91$0.81$1.35$0.49$0.47$0.42$1.05$0.29$0.33$0.35$0.29$
Average Shares, Basic2,517,000,0002,518,000,0002,527,000,0002,528,000,0002,529,000,0002,534,000,0002,545,000,0002,565,000,0002,576,000,0002,568,000,0002,587,000,0002,637,000,0002,682,000,0002,704,000,0002,725,000,0002,765,000,0002,814,000,0002,834,000,0002,847,000,0002,853,000,0002,850,000,0002,850,000,0002,851,000,0002,851,000,0002,854,000,0002,855,000,0002,856,000,0002,874,000,0002,885,000,0002,895,000,0002,906,000,0002,909,000,0002,904,000,0002,900,000,0002,891,000,0002,882,000,0002,871,000,0002,856,000,0002,843,000,0002,824,000,0002,808,000,0002,796,000,0002,784,000,0002,764,000,0002,587,000,0002,560,000,0002,545,000,0002,457,000,000
Average Shares, Diluted2,572,000,0002,570,000,0002,590,000,0002,621,000,0002,600,000,0002,610,000,0002,625,000,0002,667,000,0002,641,000,0002,612,000,0002,596,000,0002,666,000,0002,687,000,0002,713,000,0002,742,000,0002,818,000,0002,859,000,0002,877,000,0002,882,000,0002,914,000,0002,891,000,0002,879,000,0002,868,000,0002,886,000,0002,874,000,0002,875,000,0002,869,000,0002,896,000,0002,913,000,0002,930,000,0002,945,000,0002,973,000,0002,956,000,0002,951,000,0002,944,000,0002,943,000,0002,931,000,0002,921,000,0002,905,000,0002,863,000,0002,863,000,0002,850,000,0002,836,000,0002,788,000,0002,644,000,0002,615,000,0002,609,000,0002,539,000,000
EBIT21,663,000,000$20,534,000,000$18,382,000,000$23,552,000,000$17,822,000,000$15,106,000,000$14,183,000,000$16,807,000,000$14,020,000,000$9,293,000,000$7,307,000,000$6,149,000,000$5,576,000,000$8,186,000,000$8,908,000,000$12,703,000,000$10,565,000,000$12,513,000,000$11,503,000,000$13,055,000,000$8,133,000,000$6,131,000,000$5,861,000,000$9,169,000,000$7,329,000,000$4,832,000,000$3,482,000,000$7,971,000,000$5,912,000,000$5,868,000,000$5,610,000,000$7,462,000,000$5,236,000,000$4,488,000,000$3,408,000,000$4,533,000,000$3,164,000,000$2,754,000,000$2,066,000,000$2,557,000,000$1,432,000,000$1,273,000,000$932,000,000$1,114,000,000$1,336,000,000$1,386,000,000$1,075,000,000$1,136,000,000$
EBITDA26,626,000,000$24,876,000,000$22,282,000,000$28,012,000,000$21,849,000,000$18,743,000,000$17,557,000,000$19,979,000,000$16,879,000,000$11,916,000,000$9,831,000,000$8,525,000,000$7,751,000,000$10,165,000,000$11,064,000,000$14,717,000,000$12,560,000,000$14,499,000,000$13,475,000,000$14,918,000,000$9,831,000,000$7,835,000,000$7,458,000,000$10,637,000,000$8,745,000,000$6,334,000,000$4,837,000,000$9,196,000,000$7,019,000,000$6,902,000,000$6,559,000,000$8,315,000,000$6,008,000,000$5,217,000,000$4,079,000,000$5,147,000,000$3,755,000,000$3,339,000,000$2,618,000,000$3,100,000,000$1,918,000,000$1,732,000,000$1,389,000,000$1,547,000,000$1,625,000,000$1,643,000,000$1,339,000,000$1,410,000,000$