Social media and virtual reality company connecting billions globally through Facebook, Instagram, WhatsApp, and metaverse technologies. Formerly known as Facebook.
Profile & Fundamentals
Meta: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Meta Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
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.
Company profile record
Meta Platforms Inc.
Common Stock · Communication Services · Interactive Media & Services
Company
- Company / asset
- Meta Platforms Inc.
- Security type
- Common Stock
- Sector
- Communication Services
- Industry
- Interactive Media & Services
- HQ
- 🇺🇸 United States
- Head office
- 1 Meta Way, Menlo Park, CA, United States, 94025
Leadership & scale
- Chief executive
- Mr. Mark Elliot Zuckerberg
- CEO year born
- 1984
- Full-time employees
- 75.5K
- Fiscal year end
- December
- IPO date
- 2012-05-18
Fundamentals snapshot
- Market Cap
- USD 1.90T
- P/E
- 27.8x
- Revenue (Q2 26)
- USD 60.8B
- Profit (Q2 26)
- USD 15.8B
- Dividend Yield
- 0.2%
- Revenue (FY 25)
- USD 201.0B
- Shares in public float
- 2.2B
- Insider ownership
- 0.15%
Reporting & identifiers
- Symbol
- META.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US30303M1027
- Asset ID
- equity_1e28fe98-b931-5889-9c29-a68fa35e0d77
Ownership
Shares Outstanding
Latest: 2.6B | Max: 3.0B | Min: 2.6B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
85.81%
2.2B latest reported shares
Insider Ownership
0.15%
Latest reported insider stake
Short Float
0.01%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 2,954,000,000 |
| 2018-01-01 | 2,886,000,000 |
| 2019-01-01 | 2,871,000,000 |
| 2020-01-01 | 2,892,924,000 |
| 2021-01-01 | 2,799,000,000 |
| 2022-01-01 | 2,640,000,000 |
| 2023-01-01 | 2,630,000,000 |
| 2024-01-01 | 2,614,000,000 |
| 2025-01-01 | 2,574,000,000 |
| 2026-01-01 | 2,566,000,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 168,843,283 | 6.63% | 2026-03-31 |
| Vanguard Capital Management, LLC | 142,138,157 | 5.58% | 2026-03-31 |
| FMR Inc | 116,614,753 | 4.58% | 2026-03-31 |
| State Street Corp | 88,523,840 | 3.47% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 69,791,882 | 2.74% | 2026-08-31 |
| Vanguard 500 Index Investor | 58,345,717 | 2.29% | 2026-08-31 |
| Geode Capital Management, LLC | 54,165,192 | 2.13% | 2026-03-31 |
| JPMorgan Chase & Co | 50,180,811 | 1.97% | 2026-03-31 |
| Capital World Investors | 40,876,883 | 1.6% | 2026-06-30 |
| Capital Research Global Investors | 39,619,778 | 1.56% | 2026-06-30 |
| Morgan Stanley - Brokerage Accounts | 38,078,962 | 1.49% | 2026-03-31 |
| Amvescap Plc. | 38,025,196 | 1.49% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 37,856,635 | 1.49% | 2026-03-31 |
| T. Rowe Price Associates, Inc. | 32,985,340 | 1.29% | 2026-03-31 |
| NORGES BANK | 32,726,903 | 1.28% | 2026-06-30 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's core financial engine is expanding rapidly, with trailing revenue reaching $228 billion and second-quarter 2026 sales climbing 28% year-over-year. Advertisers are bidding aggressively across Instagram and Facebook because automated recommendation tools deliver measurable sales improvements, driving a 12% jump in average ad pricing alongside 14% impression growth. However, headline net income fell 13.6% in the second quarter of 2026 as total expenses surged 55%. Massive spending on research, server hardware, and legal settlement charges disguised underlying commercial vigor. While reported accounting profits face near-term pressure, core advertising operations continue to generate immense recurring operating cash flow.
The company's core financial engine is expanding rapidly, with trailing revenue reaching $228 billion and second-quarter 2026 sales climbing 28% year-over-year. Advertisers are bidding aggressively across Instagram and Facebook because automated recommendation tools deliver measurable sales improvements, driving a 12% jump in average ad pricing alongside 14% impression growth. However, headline net income fell 13.6% in the second quarter of 2026 as total expenses surged 55%. Massive spending on research, server hardware, and legal settlement charges disguised underlying commercial vigor. While reported accounting profits face near-term pressure, core advertising operations continue to generate immense recurring operating cash flow.
Revenue, Net Income, and Free Cash Flow
Latest: USD 201.0B | Max: USD 201.0B | Min: USD 10.2B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 28x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Gross profit margins remain world-class at 82%, reflecting the negligible direct cost of delivering digital advertisements to over three billion daily users. However, operating margin fell to 31% in the second quarter of 2026 from 43% a year earlier as infrastructure depreciation, technical talent compensation, and legal provisions expanded. This margin squeeze is driven by operational investments rather than commercial pricing weakness. As custom in-house computer chips replace expensive third-party hardware and ad-targeting efficiency grows, operating leverage should gradually reassert itself, establishing a durable through-cycle operating margin plateau near 38% to 40%.
Gross profit margins remain world-class at 82%, reflecting the negligible direct cost of delivering digital advertisements to over three billion daily users. However, operating margin fell to 31% in the second quarter of 2026 from 43% a year earlier as infrastructure depreciation, technical talent compensation, and legal provisions expanded. This margin squeeze is driven by operational investments rather than commercial pricing weakness. As custom in-house computer chips replace expensive third-party hardware and ad-targeting efficiency grows, operating leverage should gradually reassert itself, establishing a durable through-cycle operating margin plateau near 38% to 40%.
Profitability Margins
Latest: 82.0% | Max: 86.6% | Min: 19.9%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
82.0%
Gross profit / revenue
Operating Margin
41.4%
Operating income / revenue
Net Margin
30.1%
Net income / revenue
FCF Margin
22.9%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 27,638,000,000 | 10,217,000,000 | 11,617,000,000 |
| 2017-12-31 | 40,653,000,000 | 15,934,000,000 | 17,483,000,000 |
| 2018-12-31 | 55,838,000,000 | 22,112,000,000 | 15,359,000,000 |
| 2019-12-31 | 70,697,000,000 | 18,485,000,000 | 21,212,000,000 |
| 2020-12-31 | 85,965,000,000 | 29,146,000,000 | 23,632,000,000 |
| 2021-12-31 | 117,929,000,000 | 39,370,000,000 | 39,116,000,000 |
| 2022-12-31 | 116,609,000,000 | 23,200,000,000 | 19,044,000,000 |
| 2023-12-31 | 134,902,000,000 | 39,098,000,000 | 43,847,000,000 |
| 2024-12-31 | 164,501,000,000 | 62,360,000,000 | 54,072,000,000 |
| 2025-12-31 | 200,966,000,000 | 60,458,000,000 | 46,109,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 28.1 | Trailing four quarters |
| 2024-12-31 | 24.54 | Trailing four quarters |
| 2023-12-31 | 23.81 | Trailing four quarters |
| 2022-12-31 | 13.69 | Annual net income |
| 2021-12-31 | 23.91 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 86.29 | 44.96 | 36.97 | 42.03 |
| 2017-12-31 | 86.58 | 49.7 | 39.2 | 43.01 |
| 2018-12-31 | 83.25 | 44.62 | 39.6 | 27.51 |
| 2019-12-31 | 81.94 | 33.93 | 26.15 | 30 |
| 2020-12-31 | 80.58 | 38.01 | 33.9 | 27.49 |
| 2021-12-31 | 80.79 | 39.65 | 33.38 | 33.17 |
| 2022-12-31 | 78.35 | 24.82 | 19.9 | 16.33 |
| 2023-12-31 | 80.76 | 34.66 | 28.98 | 32.5 |
| 2024-12-31 | 81.67 | 42.18 | 37.91 | 32.87 |
| 2025-12-31 | 82 | 41.44 | 30.08 | 22.94 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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