Meta Platforms financials
Yes. Meta Platforms earned 75.25B USD of net income over the last twelve months, 31.1% of its revenue. It made a profit in 17 of its 19 fiscal years since 2007. Its last loss was in fiscal year 2008.
- Revenue (TTM)
- 241.61B USD
- Net income (TTM)
- 75.25B USD
- Free cash flow (TTM)
- 28.65B USD
- Cash and short-term investments
- 82.45B USD
- Total debt
- 112.10B USD
- Shareholders' equity
- 272.39B USD
Cash, debt and equity as of 30 Sept 2026.
Meta Platforms earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2028 | 9.75 | — | — | — | 94.25B | — | — | — | |
| Q2 FY2028 | 8.82 | — | — | — | 88.86B | — | — | — | |
| Q1 FY2028 | 8.76 | — | — | — | 82.24B | — | — | — | |
| Q4 FY2026 | 8.38 | — | — | -5.63% | 75.02B | — | — | +25.26% | |
| Q3 FY2026 | 6.54 | 7.40 | +13.15% | +604.76% | 63.34B | 64.60B | +1.99% | +26.07% | |
| Q2 FY2026 | 7.19 | 6.18 | -14.05% | -13.45% | 60.22B | 60.80B | +0.96% | +27.96% | |
| Q1 FY2026 | 6.70 | 10.44 | +55.82% | +62.36% | 55.56B | 56.31B | +1.36% | +33.08% | |
| Q4 FY2025 | 8.19 | 8.88 | +8.42% | +10.72% | 58.33B | 59.89B | +2.68% | +23.78% | |
| Q3 FY2025 | 6.72 | 1.05 | -84.38% | -82.59% | 49.51B | 51.24B | +3.50% | +26.25% | |
| Q2 FY2025 | 5.88 | 7.14 | +21.43% | +38.37% | 44.82B | 47.52B | +6.01% | +21.61% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 40.03 | — | — | +17.27% | 371.99B | — | — | +19.12% |
| FY2027 | 34.13 | — | — | +16.96% | 312.29B | — | — | +21.74% |
| FY2026 | 29.18 | — | — | +24.19% | 256.52B | — | — | +27.65% |
| FY2025 | 22.92 | 23.50 | +2.52% | -1.76% | 199.57B | 200.97B | +0.70% | +22.17% |
| FY2024 | 22.68 | 23.92 | +5.49% | +60.54% | 163.12B | 164.50B | +0.85% | +21.94% |
| FY2023 | 14.41 | 14.90 | +3.39% | +73.66% | 133.68B | 134.90B | +0.91% | +15.69% |
| FY2022 | 9.08 | 8.58 | -5.53% | -37.83% | 116.05B | 116.61B | +0.48% | -1.12% |
Meta Platforms growth and profitability
Full income statement- Revenue (TTM)
- 241.61B USD
- Net income (TTM)
- 75.25B USD
- Gross margin
- 81.03%
- Operating margin
- 32.86%
- Net margin
- 31.15%
Revenue / Net income
How Meta Platforms makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Meta Platforms revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Advertising | 196.18B | 97.6% | +22.1% |
| Other revenue | 2.58B | 1.3% | +50.1% |
| Reality Labs | 2.21B | 1.1% | +2.8% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| US & Canada | 78.87B | 39.2% | +24.8% |
| Asia Pacific | 53.82B | 26.8% | +19.6% |
| Europe | 46.57B | 23.2% | +21.4% |
| Rest Of World | 21.71B | 10.8% | +21.1% |
Operating and free cash flow
Full cash flow statementMeta Platforms financial health
Full balance sheet- Cash and short-term investments
- 82.45B USD
- Total debt
- 112.10B USD
- Net cash
- -29.65B USD
- Free cash flow (TTM)
- 28.65B USD
- Current ratio
- 1.90
- Debt to equity
- 0.41
- Piotroski score
- 4 / 9
- Altman Z-score
- 5.60
Cash, debt and free cash flow
Assets, liabilities and equity
Meta Platforms valuation
- Price to earnings ratio (TTM)
- 20.39
- Forward P/E (FY2026)
- 20.75
- Price to sales (TTM)
- 5.55
- Price to book
- 4.92
- EV / EBITDA (TTM)
- 12.84
Capital structure
Valuation over time
Meta Platforms against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Alphabet, Netflix, The Walt Disney, Verizon Communications, T-Mobile US, and AT&T Inc. 5.35% GLB NTS 66, the US Communication Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median20.48.439.1
- Gross marginHighest in 5 years82.0%78.3%82.0%Against its peers: 1 of 7Peers' median 48.1%
- Operating marginAbove its median41.4%24.8%42.2%Against its peers: 1 of 7Peers' median 21.2%
- Net marginAt its median30.1%19.9%37.9%Against its peers: 2 of 7Peers' median 15.3%
- Return on equityAt its median27.8%18.5%34.1%Against its peers: 3 of 7Peers' median 19.2%
- Free cash flow marginBelow its median22.9%16.3%33.2%Against its peers: 1 of 7Peers' median 16.5%
- Revenue growthAbove its median22.2%-1.1%37.2%Against its peers: 1 of 7Peers' median 5.9%
- EPS growthBelow its median-1.6%-37.6%73.1%Against its peers: 6 of 7Peers' median 31.1%
- Debt to EBITDAHighest in 5 years0.80×0.25×0.80×Against its peers: 3 of 7Peers' median 2.78×
- Current ratioBelow its median2.602.203.15Against its peers: 1 of 7Peers' median 0.96
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Meta Platforms dividends
- Annual dividend
- 2.10 USD
- Dividend yield (indicated)
- 0.35%
- Payout ratio
- 7.07%
- Years of dividend growth
- 1
- Frequency
- Quarterly
- Last payment
- 0.53 USD
- Last ex-dividend date
- 21 Sept 2026
- Last payment date
- 28 Sept 2026
Dividends per share
Meta Platforms ownership
- Institutions
- 67.68%
- Institutional holders
- 5,363 (+4)
- Free float
- 99.78%
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 17 | 0.00 | 6.36K |
| Q3 2026 | 0 | 100 | 1.28M | 1.48M |
| Q2 2026 | 0 | 71 | 8.76M | 8.84M |
| Q1 2026 | 0 | 60 | 3.57M | 273.32K |
Shares outstanding
Common questions about Meta Platforms's financials
Source: Financial Modeling Prep
