META · XBRL financial data
Meta Platforms financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (META's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 85,965 | 117,929 | 116,609 | 134,902 | 164,501 | 200,966 |
| Cost of revenue | 16,692 | 22,649 | 25,249 | 25,959 | 30,161 | 36,175 |
| Research and development | 18,447 | 24,655 | 35,338 | 38,483 | 43,873 | 57,372 |
| General and administrative | 6,564 | 9,829 | 11,816 | 11,408 | 9,740 | 12,152 |
| Operating income (loss) | 32,671 | 46,753 | 28,944 | 46,751 | 69,380 | 83,276 |
| Interest income | — | 484 | 461 | 1,639 | 2,517 | 2,123 |
| Interest expense | — | 23 | 185 | 446 | 715 | 1,165 |
| Other income (expense) | (34) | 210 | (320) | (150) | 171 | 1,346 |
| Income tax expense (benefit) | 4,034 | 7,914 | 5,619 | 8,330 | 8,303 | 25,474 |
| Net income (loss) | 29,146 | 39,370 | 23,200 | 39,098 | 62,360 | 60,458 |
| Earnings per share, basic USD per share | 10.22 | 13.99 | 8.63 | 15.19 | 24.61 | 23.98 |
| Earnings per share, diluted USD per share | 10.09 | 13.77 | 8.59 | 14.87 | 23.86 | 23.49 |
| Weighted average shares, basic millions of shares | 2,851 | 2,815 | 2,687 | 2,574 | 2,534 | 2,521 |
| Weighted average shares, diluted millions of shares | 2,888 | 2,859 | 2,702 | 2,629 | 2,614 | 2,574 |
Balance sheet
CSVFiscal years (META's year ends in late December)
Cash flows
CSVFiscal years (META's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 29,146 | 39,370 | 23,200 | 39,098 | 62,360 | 60,458 |
| Stock-based compensation | 6,536 | 9,164 | 11,992 | 14,027 | 16,690 | 20,427 |
| Depreciation and amortization | 6,862 | 7,967 | 8,686 | 11,178 | 15,498 | 18,616 |
| Net cash from operating activities | 38,747 | 57,683 | 50,475 | 71,113 | 91,328 | 115,800 |
| Purchases of property and equipment | 15,115 | 18,567 | 31,431 | 27,266 | 37,256 | 69,691 |
| Net cash from investing activities | (30,059) | (7,570) | (28,970) | (24,495) | (47,150) | (102,003) |
| Share repurchases | 6,272 | 44,537 | 27,956 | 19,774 | 30,125 | 26,248 |
| Dividends paid | — | — | 0 | 0 | 5,072 | 5,324 |
| Proceeds from long-term debt | 0 | 0 | 9,921 | 8,455 | 10,432 | 29,906 |
| Net cash from financing activities | (10,292) | (50,728) | (22,136) | (19,500) | (40,781) | (20,370) |
| Net change in cash | (1,325) | (1,089) | (1,269) | 27,231 | 2,611 | (6,338) |
Compare with peers
SIC 7370 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7370 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Meta Platforms | 11,222 | 64,601 | 32,785* | not reported | 10-QSep 30, 2026 |
| Alphabet | 56,334 | 127,577 | 42,290* | not reported | 10-QSep 30, 2026 |
| Microsoft | 20,281 | 92,279 | 58,000 | 7.4B | 10-QSep 30, 2026 |
| Space Exploration Technologies | 51,294 | 14,575 | 9,631* | not reported | 10-QSep 30, 2026 |
| Oracle | 36,369 | 19,345 | 23,103 | 3.0B | 10-QAug 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.