Meta Platforms, Inc.
Financial Performance
Meta Revenue & Financials
Revenue
$201B (FY2025)
Market Cap
$1.9T
Net Income
$60.5B
Employees
75,472
What is Meta's revenue?
Meta had $201B in revenue for fiscal year 2025, up 22.2% from 2024. Net income was $60.5B.
- Latest revenue
- $201B (FY2025)
- Year-over-year
- +22.2%
- Growth rate (CAGR)
- 24.7% over 9 years
- Peak revenue
- $201B (FY2025)
- Years of data
- 10
- Employees
- 75,472
Financial Analysis
Meta's revenue grew from $116.609B in 2022 to $200.966B in 2025, and net income rose from $23.2B to $60.458B. FY2025 income from operations was $83.276B. In 2026 the story is spending: Q2 2026 costs rose 55% to $42.03B, the operating margin fell to 31% from 43%, and quarterly capex of $31.08B left free cash flow at $784M. Meta had $90.26B of cash and marketable securities and $83.66B of long-term debt at June 30, 2026. It expects 2026 total expenses of $165-169B and still expects 2026 operating income to exceed 2025. Meta (formerly Facebook) maintains a trillion-dollar valuation, deriving the vast majority of its revenue from digital advertising.
Revenue Trend Analysis
YoY Change
+22.2%
9-Year CAGR
+24.7%
Peak Year
2025
Trend
Consistent Growth
Meta Platforms, Inc. has 10 full fiscal year figures on this page, compounding at +24.7% annually over 9 years. The most recent year saw a 22.2% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $201B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
Click any row to see year details.
Meta Platforms, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $115.8B | $69.7B | $366B | $148.8B | $217.2B | $46.1B | Form 10-K |
| FY2024ended Dec 31, 2024 | $91.3B | $37.3B | $276.1B | $93.4B | $182.6B | $54.1B | Form 10-K |
| FY2023ended Dec 31, 2023 | $71.1B | $27B | $229.6B | $76.5B | $153.2B | $44.1B | Form 10-K |
| FY2022ended Dec 31, 2022 | $50.5B | $31.2B | $185.7B | $60B | $125.7B | $19.3B | Form 10-K |
| FY2021ended Dec 31, 2021 | $57.7B | $18.7B | $166B | $41.1B | $124.9B | $39B | Form 10-K |
| FY2020ended Dec 31, 2020 | $38.7B | $15.2B | $159.3B | $31B | $128.3B | $23.6B | Form 10-K |
| FY2019ended Dec 31, 2019 | $36.3B | $15.1B | $133.4B | $32.3B | $101.1B | $21.2B | Form 10-K |
| FY2018ended Dec 31, 2018 | $29.3B | $13.9B | $97.3B | $13.2B | $84.1B | $15.4B | Form 10-K |
| FY2017ended Dec 31, 2017 | $24.2B | $6.7B | $84.5B | $10.2B | $74.3B | $17.5B | Form 10-K |
| FY2016ended Dec 31, 2016 | $16.1B | $4.5B | $65B | $5.8B | $59.2B | $11.6B | Form 10-K |
Keep researching Meta
Meta Revenue and Financial FAQ
What is Meta Platforms' annual total revenue and financial growth?
Meta reported $200.966B of revenue for FY2025, up 22% from $164.501B in FY2024. Q2 2026 revenue was $60.80B, up 28% year over year, and Meta guided Q3 2026 revenue to $61-64B.
What are Meta's operating profit margins and net income figures?
FY2025 income from operations was $83.276B and net income was $60.458B. In Q2 2026 the operating margin fell to 31% from 43% a year earlier, and net income was $15.85B, or $6.18 per diluted share.
When did Meta initiate its first-ever quarterly cash dividend?
In February 2024, Meta announced its first-ever quarterly cash dividend of $0.50 per share ($2.00 annualized) alongside a large $50 billion expansion of its share repurchase program, signaling strong balance sheet maturity and top free cash flow generation.
What is Meta's public market capitalization on the NASDAQ?
Meta trades on NASDAQ as META. Its market capitalization was about $1.9 trillion in late September 2026, according to StockAnalysis.
What are the financial losses of the Reality Labs division?
Reality Labs, which makes Quest headsets and Ray-Ban Meta glasses, runs at an operating loss of billions of dollars a year. Meta funds those losses from its advertising profits.
What was the 'Year of Efficiency' in 2023 and what was its financial impact?
In 2023, CEO Mark Zuckerberg declared the 'Year of Efficiency,' cutting approximately 21,000 corporate jobs across two restructuring rounds, flattening management layers, cancelling non-essential data center projects, and lowering operating expenses, which catalyzed a 200%+ surge in Meta's stock price.
What is Meta's annual capital expenditure (CapEx) on AI infrastructure?
Meta spent $72.22B on capital expenditures, including finance lease principal payments, in 2025. It guided 2026 capex to $130-145B and spent $31.08B in Q2 2026 alone, mostly on AI data centers and servers.
How much cash and liquid reserves does Meta maintain on its balance sheet?
Meta held $90.26B of cash, cash equivalents and marketable securities and $83.66B of long-term debt at June 30, 2026. Q2 2026 operating cash flow was $31.86B and free cash flow was $784M.
What was Mark Zuckerberg's "Year of Efficiency" in 2023?
After Meta's stock plummeted by over 70% in 2022 due to Apple's ATT privacy changes, advertising slowdowns, and surging Reality Labs expenses, Zuckerberg designated 2023 as the "Year of Efficiency." Meta reduced headcount by over 20,000 employees, flattened middle management, canceled low-priority projects, and redirected capital toward core AI ad optimization, triggering a historic stock rebound to all-time highs and the initiation of Meta's first quarterly dividend in 2024.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Meta Revenue & Financials." CorpDigest, https://corpdigest.com/company/meta/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Meta reported $201B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/meta/financials" target="_blank" rel="noopener">CorpDigest — Meta financials</a></div>Related Financial Audits
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