Meta Platforms META
Meta Platforms fiscal 2025 annual report
Fiscal 2025 (ended Dec 31, 2025) · Filed Jan 29, 2026Original
An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.
How much did Meta Platforms sell in fiscal 2025?
As stated in annual reports · fiscal 2021–2025
Fiscal 2025 revenue
$201B+22.2% vs prior year
Net income $60.5B · 30.1% of revenue
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2021 | $117.9B | $39.4B |
| 2022 | $116.6B | $23.2B |
| 2023 | $134.9B | $39.1B |
| 2024 | $164.5B | $62.4B |
| 2025 | $201B | $60.5B |
Fiscal 2025 (ended Dec 31, 2025) · Filed Jan 29, 2026Whalegun
- Revenue
- $201B
- +22.2% vs prior year
- Operating income
- $83.3B
- 41.4% of revenue
- Net income
- $60.5B
- −3.1% vs prior year
- Diluted EPS
- $23.49
- Operating cash flow
- $115.8B
- Free cash flow
- $46.1B
Key points the company states
Meta earns substantially all revenue from advertising in its Family of Apps and invests in AI and wearables
- Meta runs apps including Facebook, Instagram, Messenger, WhatsApp, Threads and Meta AI.
- It reports two segments: Family of Apps and Reality Labs.
- Substantially all revenue comes from selling advertising placements in the Family of Apps.
Meta's 2025 revenue rose 22% to $200.97 billion; income from operations was $83.28 billion
- Revenue rose 22% to $200.97 billion in 2025, which the company attributes to higher advertising revenue.
- Ad impressions delivered rose 12% and the average price per ad rose 9%.
- Income from operations was $83.28 billion, up 20%; net income was $60.46 billion.