Meta Platforms, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Meta Platforms, Inc. reported net income of $60.46B on revenue of $200.97B. Operating cash flow was $115.80B and capital expenditures were $69.69B, leaving $46.11B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.64B | $40.65B | $55.84B | $70.70B | $85.97B | $117.93B | $116.61B | $134.90B | $164.50B | $200.97B |
| Operating income | $12.43B | $20.20B | $24.91B | $23.99B | $32.67B | $46.75B | $28.94B | $46.75B | $69.38B | $83.28B |
| Net income | $10.22B | $15.93B | $22.11B | $18.48B | $29.15B | $39.37B | $23.20B | $39.10B | $62.36B | $60.46B |
| Diluted EPS | $3.49 | $5.39 | $7.57 | $6.43 | $10.09 | $13.77 | $8.59 | $14.87 | $23.86 | $23.49 |
| Operating cash flow | $16.11B | $24.22B | $29.27B | $36.31B | $38.75B | $57.68B | $50.48B | $71.11B | $91.33B | $115.80B |
| Capital expenditures | $4.49B | $6.73B | $13.91B | $15.10B | $15.16B | $18.69B | $31.19B | $27.05B | $37.26B | $69.69B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 41.4% | 30.1% |
| Dec 2024 | — | 42.2% | 37.9% |
| Dec 2023 | — | 34.7% | 29.0% |
| Dec 2022 | — | 24.8% | 19.9% |
| Dec 2021 | — | 39.6% | 33.4% |
Source: SEC EDGAR XBRL company facts for CIK 1326801 (raw data). Most recent filing in this dataset: 10-Q filed Oct 22, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.