Buyback Radar

Meta Platforms › Financials

Meta Platforms financials

META

Ten years from Meta Platforms’ own SEC filings. Fiscal years end in December.

$1,807.02BMarket capat $709.33 a share
$228.25BRevenuelast 12 months to Jun 2026
$68.10BNet incomelast 12 months to Jun 2026
$40.98BFree cash flowlast 12 months to Jun 2026
$15.46BCashJun 2026
$83.66BDebtJun 2026

Income statement

Dec 2016fiscal yearDec 2017fiscal yearDec 2018fiscal yearDec 2019fiscal yearDec 2020fiscal yearDec 2021fiscal yearDec 2022fiscal yearDec 2023fiscal yearDec 2024fiscal yearDec 2025fiscal yearLast 12 monthsto Jun 2026Latest quarterJun 2026
Revenue$27.64B$40.65B$55.84B$70.70B$85.97B$117.93B$116.61B$134.90B$164.50B$200.97B$228.25B—
Operating income$12.43B$20.20B$24.91B$23.99B$32.67B$46.75B$28.94B$46.75B$69.38B$83.28B$86.93B—
Net income$10.22B$15.93B$22.11B$18.48B$29.15B$39.37B$23.20B$39.10B$62.36B$60.46B$68.10B—
Earnings per share, diluted$3.49$5.39$7.57$6.43$10.09$13.77$8.59$14.87$23.86$23.49——

Balance sheet

Dec 2016fiscal yearDec 2017fiscal yearDec 2018fiscal yearDec 2019fiscal yearDec 2020fiscal yearDec 2021fiscal yearDec 2022fiscal yearDec 2023fiscal yearDec 2024fiscal yearDec 2025fiscal yearLast 12 monthsto Jun 2026Latest quarterJun 2026
Cash and equivalents$8.90B$8.08B$10.02B$19.08B$17.58B$16.60B$14.68B$41.86B$43.89B$35.87B—$15.46B
Total assets$64.96B$84.52B$97.33B$133.38B$159.32B$165.99B$185.73B$229.62B$276.05B$366.02B—$449.96B
Debt—————$0$9.92B$18.39B$28.83B$58.74B—$83.66B
Total liabilities$5.77B$10.18B$13.21B$32.32B$31.03B$41.11B$60.01B$76.45B$93.42B$148.78B—$188.74B
Shareholders' equity$59.19B$74.35B$84.13B$101.05B$128.29B$124.88B$125.71B$153.17B$182.64B$217.24B—$261.22B

Cash flow

Dec 2016fiscal yearDec 2017fiscal yearDec 2018fiscal yearDec 2019fiscal yearDec 2020fiscal yearDec 2021fiscal yearDec 2022fiscal yearDec 2023fiscal yearDec 2024fiscal yearDec 2025fiscal yearLast 12 monthsto Jun 2026Latest quarterJun 2026
Operating cash flow$16.11B$24.22B$29.27B$36.31B$38.75B$57.68B$50.48B$71.11B$91.33B$115.80B$130.30B—
Capital spending$4.49B$6.73B$13.91B$15.10B$15.16B$18.69B$31.19B$27.05B$37.26B$69.69B$89.33B—
Free cash flow$11.62B$17.48B$15.36B$21.21B$23.58B$38.99B$19.29B$44.07B$54.07B$46.11B$40.98B—
Buybacks$0$1.98B$12.88B$4.20B$6.27B$44.54B$27.96B$19.77B$30.12B$26.25B$3.33B—
Dividends——————$0$0$5.07B$5.32B$5.37B—
Returned to shareholders$0$1.98B$12.88B$4.20B$6.27B$44.54B$27.96B$19.77B$35.20B$31.57B$8.69B—
Stock-based pay$3.22B$3.72B$4.15B$4.84B$6.54B$9.16B$11.99B$14.03B$16.69B$20.43B$25.14B—
Where these numbers come from

Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count

Meta Platforms financials, answered

What is Meta Platforms' market cap?

$1,807.02B at $709.33 a share, with 2,547,506,225 shares outstanding as of Jul 24, 2026, from the cover of its latest SEC filing.

How much does Meta Platforms earn?

Revenue of $228.25B and net income of $68.10B in the last 12 months to Jun 2026.

How much debt does Meta Platforms have?

Meta Platforms reported $83.66B of debt and $15.46B of cash and equivalents on its balance sheet in Jun 2026.

Does Meta Platforms make free cash flow?

Yes. Operating cash flow minus capital spending was $40.98B in the last 12 months to Jun 2026.

How much cash does Meta Platforms return to shareholders?

$31.57B in buybacks and dividends in fiscal 2025, from the cash flow statement.

Meta Platforms buybacks and share count

Most people find these stocks after they triple. My readers find them before.

Free. Your email goes to Substack, which runs the newsletter. Privacy