Meta Platforms Financial Statements
NASDAQ: METATechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Meta Platforms revenue and earnings
In fiscal 2025, Meta Platforms generated $200.97 billion in revenue, up 22.2% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $60.46 billion (-3.1% year over year), for a net margin of 30.1% versus a median of 33.4% in the prior 5 years. Gross margin was 82.0% (up from 81.7%) and operating margin 41.4%.
Diluted earnings per share came in at $23.49, down from $23.86. Over the last 5 fiscal years, META's revenue has grown at a 18.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Meta Platforms income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 200.97B | 164.50B | 134.90B | 116.61B | 117.93B | 85.97B | 70.70B | 55.84B | 40.65B | 27.64B |
| Revenue growth (YoY) | +22.17% | +21.94% | +15.69% | -1.12% | +37.18% | +21.60% | +26.61% | +37.35% | +47.09% | +54.16% |
| Cost of Revenue | 36.17B | 30.16B | 25.96B | 25.25B | 22.65B | 16.69B | 12.77B | 9.36B | 5.45B | 3.79B |
| Gross Profit | 164.79B | 134.34B | 108.94B | 91.36B | 95.28B | 69.27B | 57.93B | 46.48B | 35.20B | 23.85B |
| Operating Expenses | 81.52B | 64.96B | 62.19B | 62.42B | 48.53B | 36.60B | 33.94B | 21.57B | 15.00B | 11.42B |
| Research & Development | 57.37B | 43.87B | 38.48B | 35.34B | 24.66B | 18.45B | 13.60B | 10.27B | 7.75B | 5.92B |
| Selling, General & Admin | 24.14B | 21.09B | 23.71B | 27.08B | 23.87B | 18.16B | 20.34B | 11.30B | 7.24B | 5.50B |
| Operating Income | 83.28B | 69.38B | 46.75B | 28.94B | 46.75B | 32.67B | 23.99B | 24.91B | 20.20B | 12.43B |
| Interest Expense | 1.17B | 715.00M | 446.00M | 185.00M | 23.00M | — | 20.00M | 9.00M | 6.00M | 10.00M |
| Other Income (Expense) | 2.66B | 1.28B | 677.00M | -125.00M | 531.00M | 509.00M | 826.00M | 448.00M | 391.00M | 91.00M |
| Pretax Income | 85.93B | 70.66B | 47.43B | 28.82B | 47.28B | 33.18B | 24.81B | 25.36B | 20.59B | 12.52B |
| Income Tax | 25.47B | 8.30B | 8.33B | 5.62B | 7.91B | 4.03B | 6.33B | 3.25B | 4.66B | 2.30B |
| Net Income | 60.46B | 62.36B | 39.10B | 23.20B | 39.37B | 29.15B | 18.48B | 22.11B | 15.93B | 10.22B |
| Net Income growth (YoY) | -3.05% | +59.50% | +68.53% | -41.07% | +35.08% | +57.67% | -16.40% | +38.77% | +55.96% | +177.03% |
| EPS (Basic) | 23.98 | 24.61 | 15.19 | 8.63 | 13.99 | 10.22 | 6.48 | 7.65 | 5.49 | 3.56 |
| EPS (Diluted) | 23.49 | 23.86 | 14.87 | 8.59 | 13.77 | 10.09 | 6.43 | 7.57 | 5.39 | 3.49 |
| Shares Outstanding (Basic) | 2.52B | 2.53B | 2.57B | 2.69B | 2.81B | 2.85B | 2.85B | 2.89B | 2.90B | 2.86B |
| Shares Outstanding (Diluted) | 2.57B | 2.61B | 2.63B | 2.70B | 2.86B | 2.89B | 2.88B | 2.92B | 2.96B | 2.92B |
| EBITDA | 101.89B | 84.88B | 57.93B | 37.63B | 54.72B | 39.53B | 29.73B | 29.23B | 23.23B | 14.77B |
| Gross Margin | 82.00% | 81.67% | 80.76% | 78.35% | 80.79% | 80.58% | 81.94% | 83.25% | 86.58% | 86.29% |
| Operating Margin | 41.44% | 42.18% | 34.66% | 24.82% | 39.65% | 38.01% | 33.93% | 44.62% | 49.70% | 44.96% |
| Net Margin | 30.08% | 37.91% | 28.98% | 19.90% | 33.38% | 33.90% | 26.15% | 39.60% | 39.20% | 36.97% |
This table shows 10 annual periods of Meta Platforms's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow META's reporting calendar. What is a income statement?