Meta Platforms, Inc.
Rank #153Op. LeverageMETA · Nasdaq · Communication Services
Meta Platforms, Inc. (META) — Rank #153 by gross profitability (GP/assets 0.37) · ROE 23.1% · Piotroski F-Score 5 / 9.
As-of 2026-09-28 · CIK 0001326801 · all metrics point-in-time as of the filing date.
About
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.
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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.
- Industry
- Internet Content & Information
- Sector
- Communication Services
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- meta.com
Financials
Stable
Direction over 5 fiscal years
- Free cash flowimproving
- Gross marginstable
- Gross profitabilitydeteriorating
- Net cashdeteriorating
- Operating marginimproving
- Return on equitystable
- Share count (dilution)deteriorating
Red flags: fcf_ni_divergence_unfavorable — rating capped at Stable
Monitoring diagnostic of business direction — not a prediction of returns.
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-01-29 | 2024-12-31filed 2025-01-30 | 2023-12-31filed 2024-02-02 | 2022-12-31filed 2023-02-02 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 200,966.0 | 164,501.0 | 134,902.0 | 116,609.0 |
| Revenue growth (YoY) | 22.2% | 21.9% | 15.7% | -1.1% |
| Gross profit | 164,791.0 | 134,340.0 | 108,943.0 | 91,360.0 |
| Gross margin | 82.0% | 81.7% | 80.8% | 78.3% |
| Net income | 60,458.0 | 62,360.0 | 39,098.0 | 23,200.0 |
| Net margin | 30.1% | 37.9% | 29.0% | 19.9% |
| EPS (diluted) | $23.49 | $23.86 | $14.87 | $8.59 |
| EPS growth (YoY) | -1.6% | 60.5% | 73.1% | — |
| Cash flow | ||||
| Operating cash flow | 115,800.0 | 91,328.0 | 71,113.0 | 50,475.0 |
| Capital expenditures | 69,691.0 | 37,256.0 | 27,266.0 | 31,431.0 |
| Free cash flow | 46,109.0 | 54,072.0 | 43,847.0 | 19,044.0 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?