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

Revenue %Chg

Revenue Common Size

Cost of Revenue

Cost of Revenue %Chg

Cost of Revenue Common Size

Research and Development

Research and Development %Chg

Research and Development Common Size

Marketing and Sales

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Marketing and Sales Common Size

General and Administrative

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Total Costs and Expenses

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Total Costs and Expenses Common Size

Income from Operations

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Income from Operations Common Size

Interest and Other Income, Net

Interest and Other Income, Net %Chg

Interest and Other Income, Net Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Net Income

Net Income %Chg

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

Basic %Chg

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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Gross Profit Margin

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Selling, General & Administrative Expenses

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Selling, General & Administrative Expenses Common Size

Research & Development Expenses

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Operating Profit

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Operating Profit Common Size

Operating Margin

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Operating Margin Common Size

Non-Operating Income

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Non-Operating Income Common Size

Total Non-Operating Income

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Total Non-Operating Income Common Size

Consolidated Net Income

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Consolidated Net Income Common Size

Net Income Attributable to Minority Interests and Other

Net Income Attributable to Minority Interests and Other %Chg

Net Income Attributable to Minority Interests and Other Common Size

Net Income Attributable to Common Shareholders

Net Income Attributable to Common Shareholders %Chg

Net Income Attributable to Common Shareholders Common Size

Basic EPS

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Diluted EPS

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Diluted EPS Common Size

Basic Weighted Average Shares Outstanding

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Diluted Weighted Average Shares Outstanding

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EBITDA

EBITDA %Chg

EBITDA Common Size

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	51,242	47,516	42,314	48,385	40,589	39,071
Total Revenues %Chg	26.2%	21.6%	16.1%	20.6%	18.9%	22.1%
Revenue
Cost of Sales	9,206	8,491	7,572	8,839	7,375	7,308
Cost of Revenue
Gross Profit	42,036	39,025	34,742	39,546	33,214	31,763
Gross Profit Margin	82%	82.1%	82.1%	81.7%	81.8%	81.3%
Selling, General & Administrative Expenses	6,357	5,642	5,037	4,002	4,687	6,379
Marketing and Sales
General and Administrative
Research & Development Expenses	15,144	12,942	12,150	12,180	11,177	10,537
Research and Development
Operating Profit	20,535	20,441	17,555	23,364	17,350	14,847
Income from Operations
Operating Margin	40.1%	43%	41.5%	48.3%	42.7%	38%
Non-Operating Income	1,128	93	827	188	472	259
Interest and Other Income, Net
Total Non-Operating Income	1,128	93	827	188	472	259
Income Before Provision for Income Taxes	21,663	20,534	18,382	23,552	17,822	15,106
Income Before Provision for Income Taxes
Provision for Income Taxes	18,954	2,197	1,738	2,714	2,134	1,641
Provision for Income Taxes
Consolidated Net Income	2,709	18,337	16,644	20,838	15,688	13,465
Net Income
Net Income Attributable to Minority Interests and Other	—	—	—	—	—	—
Less: Net Income Attributable to Participating Securities
Net Income Attributable to Common Shareholders	2,709	18,337	16,644	20,838	15,688	13,465
Net Income Attributable to Class a and Class B Common Stockholders
Basic EPS	1.1	7.3	6.6	8.2	6.2	5.3
Diluted EPS	1.1	7.1	6.4	8	6	5.2
Basic Weighted Average Shares Outstanding	2,517	2,518	2,527	2,529	2,529	2,534
Total Shares Outstanding	2,521	2,516	2,523	2,534	2,524	2,533
Diluted Weighted Average Shares Outstanding	2,572	2,570	2,590	2,599	2,600	2,610
EBITDA	25,498	24,783	21,455	27,824	21,377	18,484
Effective Tax Rate	87.5%	10.7%	9.5%	11.5%	12%	10.9%