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 headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

Meta Platforms, Inc.

Revenue

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Revenue Common Size

Cost of Revenue

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Cost of Revenue Common Size

Research and Development

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Research and Development Common Size

Marketing and Sales

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General and Administrative

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Total Costs and Expenses

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Income from Operations

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Income from Operations Common Size

Interest and Other Income, Net

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Interest and Other Income, Net Common Size

Income Before Provision for Income Taxes

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Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

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Provision for Income Taxes Common Size

Net Income

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Net Income Common Size

Less: Net Income Attributable to Participating Securities

Less: Net Income Attributable to Participating Securities %Chg

Less: Net Income Attributable to Participating Securities Common Size

Net Income Attributable to Class a and Class B Common Stockholders

Net Income Attributable to Class a and Class B Common Stockholders %Chg

Net Income Attributable to Class a and Class B Common Stockholders Common Size

Basic

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Basic Common Size

Diluted

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Total Revenues

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Cost of Sales

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Gross Profit

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Selling, General & Administrative Expenses

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Research & Development Expenses

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Operating Profit

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Operating Margin

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Operating Margin Common Size

Non-Operating Income

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Total Non-Operating Income

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Consolidated Net Income

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Net Income Attributable to Minority Interests and Other

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Net Income Attributable to Minority Interests and Other Common Size

Net Income Attributable to Common Shareholders

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Basic EPS

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Diluted EPS

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Basic Weighted Average Shares Outstanding

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Diluted Weighted Average Shares Outstanding

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EBITDA

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Effective Tax Rate

EBIT

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	189,457	178,804	170,359	164,501	156,226	149,783
Total Revenues %Chg	21.3%	19.4%	19.4%	21.9%	23.1%	24.3%
Revenue
Cost of Sales	34,108	32,277	31,094	30,161	29,018	27,853
Cost of Revenue
Gross Profit	155,349	146,527	139,265	134,340	127,208	121,930
Gross Profit Margin	82%	81.9%	81.7%	81.7%	81.4%	81.4%
Selling, General & Administrative Expenses	21,038	19,368	20,105	21,087	22,600	22,860
Marketing and Sales
General and Administrative
Research & Development Expenses	52,416	48,449	46,044	43,873	42,209	40,273
Research and Development
Operating Profit	81,895	78,710	73,116	69,380	62,399	58,797
Income from Operations
Operating Margin	43.2%	44%	42.9%	42.2%	39.9%	39.3%
Non-Operating Income	2,236	1,580	1,746	1,283	1,519	1,319
Interest and Other Income, Net
Total Non-Operating Income	2,236	1,580	1,746	1,283	1,519	1,319
Income Before Provision for Income Taxes	84,131	80,290	74,862	70,663	63,918	60,116
Income Before Provision for Income Taxes
Provision for Income Taxes	25,603	8,783	8,227	8,303	8,379	8,682
Provision for Income Taxes
Consolidated Net Income	58,528	71,507	66,635	62,360	55,539	51,434
Net Income
Net Income Attributable to Minority Interests and Other	—	—	—	—	—	—
Less: Net Income Attributable to Participating Securities
Net Income Attributable to Common Shareholders	58,528	71,507	66,635	62,360	55,539	51,434
Net Income Attributable to Class a and Class B Common Stockholders
Basic EPS	23.2	28.3	26.3	24.6	21.8	20.1
Diluted EPS	22.6	27.6	25.6	23.9	21.2	19.6
Basic Weighted Average Shares Outstanding	2,522.8	2,525.8	2,529.8	2,534	2,543.5	2,555.3
Total Shares Outstanding	2,521	2,516	2,523	2,534	2,524	2,533
Diluted Weighted Average Shares Outstanding	2,582.8	2,589.8	2,599.8	2,614	2,616.3	2,626.5
EBITDA	99,560	95,439	89,140	84,878	76,609	71,839
Effective Tax Rate	30.4%	10.9%	11%	11.8%	13.1%	14.4%