META
NasdaqGSMeta Platforms, Inc.
Revenue and Net Income
Values in USD
Income Statement
Values in USD
| Financial item | TTMMar 31, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|---|
Total Revenue | 214.96B | 200.97B | 164.50B | 134.90B | 116.61B |
Cost of Revenue | 38.82B | 36.17B | 30.16B | 25.96B | 25.25B |
Gross Profit | 176.14B | 164.79B | 134.34B | 108.94B | 91.36B |
Operating Expense | 87.55B | 81.52B | 64.96B | 62.19B | 62.42B |
Operating Income | 88.59B | 83.28B | 69.38B | 46.75B | 28.94B |
Net Non Operating Interest Income Expense | 722.00M | 958.00M | 1.80B | 1.19B | 276.00M |
Other Income Expense | -13.00M | 1.70B | -519.00M | -516.00M | -401.00M |
Pretax Income | 89.30B | 85.93B | 70.66B | 47.43B | 28.82B |
Tax Provision | 18.71B | 25.47B | 8.30B | 8.33B | 5.62B |
Net Income Common Stockholders | 70.59B | 60.46B | 62.36B | 39.10B | 23.20B |
Diluted NI Available to Com Stockholders | 70.59B | 60.46B | 62.36B | 39.10B | 23.20B |
Basic EPS | 27.96 | 23.98 | 24.61 | 15.19 | 8.63 |
Diluted EPS | 27.50 | 23.49 | 23.86 | 14.87 | 8.59 |
Basic Average Shares | 2.52B | 2.52B | 2.53B | 2.57B | 2.69B |
Diluted Average Shares | 2.57B | 2.57B | 2.61B | 2.63B | 2.70B |
Total Operating Income as Reported | 88.59B | 83.28B | 69.38B | 46.75B | 28.94B |
Total Expenses | 126.37B | 117.69B | 95.12B | 88.15B | 87.67B |
Net Income from Continuing & Discontinued Operation | 70.59B | 60.46B | 62.36B | 39.10B | 23.20B |
Normalized Income | 71.66B | 60.21B | 62.97B | 39.40B | 23.27B |
Interest Income | 2.21B | 2.12B | 2.52B | 1.64B | 461.00M |
Interest Expense | 1.49B | 1.17B | 715.00M | 446.00M | 185.00M |
Net Interest Income | 722.00M | 958.00M | 1.80B | 1.19B | 276.00M |
EBIT | 90.79B | 87.10B | 71.38B | 47.87B | 29.00B |
EBITDA | 111.50B | 105.71B | 86.88B | 59.05B | 37.69B |
Reconciled Cost of Revenue | 38.82B | 36.17B | 30.16B | 25.96B | 25.25B |
Reconciled Depreciation | 20.71B | 18.62B | 15.50B | 11.18B | 8.69B |
Net Income from Continuing Operation Net Minority Interest | 70.59B | 60.46B | 62.36B | 39.10B | 23.20B |
Total Unusual Items Excluding Goodwill | -1.36B | 352.00M | -690.00M | -366.00M | -81.00M |
Total Unusual Items | -1.36B | 352.00M | -690.00M | -366.00M | -81.00M |
Normalized EBITDA | 112.86B | 105.36B | 87.57B | 59.42B | 37.77B |
Tax Rate for Calcs | 0.21 | 0.30 | 0.12 | 0.18 | 0.20 |
Tax Effect of Unusual Items | -284.81M | 104.35M | -81.08M | -64.42M | -15.79M |
Key Statistics
Valuation
Volume & Shares
Growth Indicators
Currency & Exchange
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.