Meta Platforms, Inc.META

NasdaqMedia & TelecomServices-Computer Programming, Data Processing, Etc.
Price (close)
$777.59
Market cap
$2.00T
P/E
29.3x
Revenue (TTM)
$228.2B
Net income
$68.1B
Dividend yield
0.27%
1-year total return
4.2%
Net margin
29.8%
Revenue growth
27.7%
Debt / equity
0.32x

What Meta Platforms, Inc. does.

Our products enable people to connect and share through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses. We are innovating in artificial intelligence (AI) technologies to build transformative experiences and capabilities across our Family of Apps and new platforms, and to advance our vision to deliver personal superintelligence for everyone.

We build technology that helps people connect and share, find and build communities, and grow businesses. We also help people discover and learn about what is going on in the world around them, enable people to share their experiences, ideas, photos, videos, and other content with audiences ranging from their closest family members and friends to the public at large, and stay connected everywhere by accessing our products. Meta is moving our offerings beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next computing platform. Our vision does not center on any single product, but rather an entire ecosystem of experiences, devices, and new technologies powered by AI. While the metaverse is in the very early stages of its development, we believe it will become the next computing platform and the future of social interaction.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$86.0B$117.9B$116.6B$134.9B$164.5B$201.0B
Net income$29.1B$39.4B$23.2B$39.1B$62.4B$60.5B
Free cash flow$23.6B$39.0B$19.3B$44.1B$54.1B$46.1B

More on META.

Figures from Meta Platforms, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.