Meta META
Meta owns the platforms Facebook, Instagram, Threads, Messenger, and WhatsApp.
- Ticker
- META
- Headquarters
- Menlo Park, California
- CEO
- Mark Zuckerberg
- IPO year
- 2012
- Sector
- Social Media
- Website
- investor.atmeta.com
- Management
- Team & leadership ↗
Notes & Takes
"Threads crossed 500 million monthly actives, making it the fastest-growing conversation app ever. Facebook has reached more than 2 billion daily actives for a while now. WhatsApp just hit an all-time messaging record peaking at 30 million messages sent per second during the World Cup final."
Company Financials
Quarterly Headlines
Full financial detail for each company lives in its Google Sheet, linked above. Best viewed on desktop.
Meta Q2 2026
Jun 30, 2026
- Revenue up 28%
- Family daily active people was $3.6 billion up 3%
- Ad impressions up 14%
- Average price per ad up 12%
- Cash of $90 billion with LT debt of $83 billion
- Cash flow from operations was $31.8 billion
- We continue to expect to deliver operating income this year that is above 2025 operating income
- We anticipate 2026 capital expenditures to be in the range of $130 to $145 billion
Meta Q1 2026
Mar 31, 2026
- Revenue up 33%
- Net income of $26.7 million up 61%
- Family daily active people were 3.5 billion, up 4% YoY. The slowdown quarter over quarter was driven by disruptions in Iran and restrictions to whatsapp in Russia.
- Ad impressions up 19%
- Cash of $81 billion
- Cash flow from operating activities was $32 billion
- We continue to expect operating income that is above 2025 operating income
- We expect full year capital expenditures of $125 to $145 billion
Meta Q4 2025
Dec 31, 2025
- Family daily active people was $3.5 billion on average up 7% YoY
- Average price per ad up 6%
- Revenue up 24%
- Capex spend of $22 billion and a total of $72 billion for full year 2025
- No share repurchases in Q4 - total repurchases of $26 billion for 2025
- Cash of $81 billion
- Cash flow from operating activities of $36 billion and $115 billion for full year 2025
- Long term debt of $58 billion
- Headcount grew 6% YoY
- Guiding for capital expenditures of $115 billion in 2026
Meta Q3 2025
Sep 30, 2025
- Family daily active people was $3.5 billion up 14% YoY
- Average price per ad up 10%
- Revenue up 26%
- Repurchased $3.1 bill shares and paid out $1.3 bill in dividends
- Cash of $44 billion
- Headcount up 8% YoY
- We currently expect 2025 capital expenditures to be in the range of $70 to $72 billion
- As we have begun to plan for next year, it has become clear that our compute needs have continued to expand meaningfully. As a result our current expectation is that capital expenditures will be notably larger in 2026 than 2025.
Meta Q2 2025
Jun 30, 2025
- Family daily active people was $3.4 billion in June 2025, an increase of 6% YoY
- Ad impressions increased 11% YoY
- Average price per ad increased by 9% YoY
- Revenue up 22% YoY
- Repurchased $9.7 billion worth of stock and paid out $1.3 billion in dividends
- Cash of $47 billion
- Headcount up 7% YoY
Meta Q1 2025
Mar 31, 2025
- Family daily active people was 3.4 billion in March 2025, an increase of 6% YoY
- Ad impressions across our family of apps was up 5% YoY
- Average price per ad up 10%
- Revenue up 16%
- Share repurchases of $13.4 billion and dividends of $1.3 billion
- Cash of $70 billion, cash flow from operating activities was $24 billion
- Headcount was up 11%
- Capex of $64 to $72 billion for the year is the guide