What Are Meta Platforms's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $201 billion | $165 billion | $135 billion | $117 billion |
| Operating income | $83.3 billion | $69.4 billion | $46.8 billion | $28.9 billion |
| Operating margin | 41.4% | 42.2% | 34.7% | 24.8% |
| Net income | $60.5 billion | $62.4 billion | $39.1 billion | $23.2 billion |
| Net margin | 30.1% | 37.9% | 29.0% | 19.9% |
| Operating cash flow | $116 billion | $91.3 billion | $71.1 billion | $50.5 billion |
| Capital expenditures | $69.7 billion | $37.3 billion | $27.0 billion | $31.2 billion |
| Free cash flow | $46.1 billion | $54.1 billion | $44.1 billion | $19.3 billion |
Operating margin narrowed by 0.7 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $46.1 billion against net income of $60.5 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Meta Platforms's Balance Sheet Show?
| Cash and cash equivalents | $35.9 billion |
|---|---|
| Long-term debt | $58.7 billion |
| Total assets | $366 billion |
| Total liabilities | $149 billion |
| Shareholders' equity | $217 billion |
| Current ratio | 2.6x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Meta Platforms reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-003942 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Meta Platforms's revenue in fiscal 2025?
Meta Platforms reported revenue of $201 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Meta Platforms's operating margin?
Meta Platforms's operating margin was 41.4% in fiscal 2025: operating income of $83.3 billion on revenue of $201 billion.
How much free cash flow did Meta Platforms generate?
Operating cash flow of $116 billion less capital expenditures of $69.7 billion gives free cash flow of $46.1 billion for fiscal 2025.