META: financial statements from SEC — TradeAlmanac

Meta Platforms, Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	200.97bn	164.50bn
Cost of revenue	36.18bn	30.16bn
Research and development	57.37bn	43.87bn
Selling, general and administrative	12.15bn	9.74bn
Operating expenses	117.69bn	95.12bn
Operating income	83.28bn	69.38bn
Pre-tax income	85.93bn	70.66bn
Income tax	25.47bn	8.30bn
Net income	60.46bn	62.36bn
Earnings per share	23.98	24.61
Earnings per share, diluted	23.49	23.86
Weighted average shares	2.52bn	2.53bn
Weighted average shares, diluted	2.57bn	2.61bn

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	23.43bn	35.87bn	10.19bn	12.01bn	28.75bn	43.89bn	43.85bn	32.05bn
Short-term investments	57.75bn	45.72bn

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	115.80bn	91.33bn
Depreciation and amortisation	18.62bn	15.50bn
Share-based compensation	20.43bn	16.69bn
Capital expenditure	69.69bn	37.26bn
Investing cash flow	−102.00bn	−47.15bn
Dividends paid	5.32bn

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)