Direct Answer
Meta Platforms reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Family of Apps is the largest, with $199 billion of revenue (99% of the total), followed by Reality Labs at $2.2 billion (1%).
How Does Meta Platforms Make Money?
Family of Apps supplies 99% of revenue, so Meta Platforms's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Family of Apps grew fastest (+22.4%) and Reality Labs slowest (+2.8%), so the revenue mix tilts toward Family of Apps while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Family of Apps | $199 billion | $162 billion | 98.9% | 22.4% |
| Reality Labs | $2.2 billion | $2.1 billion | 1.1% | 2.8% |
Which Meta Platforms Segments Earn the Most?
| Segment | FY2025 segment operating income | Segment margin |
|---|---|---|
| Family of Apps | $102 billion | 51.6% |
| Reality Labs | -$19.2 billion | -869.6% |
Segment operating income is the profit measure Meta Platforms reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Meta Platforms more safely than against another company.
What the Segment Figures Do Not Show
The rows above add up to 100% of Meta Platforms's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Meta Platforms reported in the segment note and revenue disclosures of its Form 10-K filed January 29, 2026 (accession 0001628280-26-003942), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Meta Platforms's business segments?
In its fiscal 2025 Form 10-K, Meta Platforms reports revenue for Family of Apps and Reality Labs.
Which part of Meta Platforms brings in the most revenue?
Family of Apps, with $199 billion of revenue in fiscal 2025, or 99% of the total.
Where does Meta Platforms report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed January 29, 2026, alongside management's discussion of each segment's results.