Overview
Meta
Meta builds useful and engaging products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, augmented reality (AR), and wearables. The company's products empower more than 3 billion people around the world to share ideas and offer support. In addition to its namesake platform, Facebook, it owns photo and video sharing site Instagram, messaging
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Read More applications Messenger and WhatsApp, virtual reality platform Facebook Reality Labs, and Threads, an application for text-based updates and public conversations. Most of the company's revenue was generated outside the US.
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Read More applications Messenger and WhatsApp, virtual reality platform Facebook Reality Labs, and Threads, an application for text-based updates and public conversations. Most of the company's revenue was generated outside the US.
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#
22
Fortune 1000 Revenue Rank
Mark Zuckerberg
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Web Search Portals, Libraries, Archives, and Other Information Services
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Information
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On-line data base information retrieval
All Other Telecommunications
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
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Motion Picture and Video Industries
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Newspaper, Periodical, Book, and Directory Publishers
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Radio and Television Broadcasting Stations
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Satellite Telecommunications
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Software Publishers
View more , Sound Recording Industries Wired and Wireless Telecommunications (except Satellite)
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View more , Sound Recording Industries Wired and Wireless Telecommunications (except Satellite)
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Actual
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Actual
$164.50 billion
Actual
21.94%
59.5%
$276,054
DEC
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NASDAQ:META
Contacts
Get in Touch with 6 Principals* and 28,113 Contacts
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Mark ZuckerbergChairman of the Board and Chief Executive Officer
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Contact 2?
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Contact 3?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$164.50 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $91,328 | $71,113 | $50,475 |
| Net Investing Cash | -$47,150 | -$24,495 | -$28,970 |
| Net Financing Cash | -$40,781 | -$19,500 | -$22,136 |
| Net Change in Cash | $3,397 | $27,118 | -$631 |
| Cash at Beginning of Period | $42,827 | $15,596 | $16,865 |
| Cash at End of Period | $45,438 | $42,827 | $15,596 |
| Capital Expenditure | -$37,256 | -$27,045 | -$31,186 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $43,889 | $41,862 | $14,681 |
| Accounts Receivable | $16,994 | $16,169 | $13,466 |
| Inventories | $ | $ | $ |
| Other Current Assets | $39,162 | $27,334 | $31,402 |
| Asset Summary | |||
| Total Current Assets | $100,045 | $85,365 | $59,549 |
| Tangible Fixed Assets | $136,268 | $109,881 | $92,191 |
| Intangible Assets | $915 | $788 | $897 |
| Total Assets | $276,054 | $229,623 | $185,727 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $7,687 | $4,849 | $4,990 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $25,909 | $27,111 | $22,036 |
| Liability Summary | |||
| Total Current Liabilities | $33,596 | $31,960 | $27,026 |
| Long-Term Debt | $28,826 | $18,385 | $9,923 |
| Other Long-Term Liabilities | $2,716 | $1,370 | $1,119 |
| Total Liabilities | $93,417 | $76,455 | $60,014 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $ | $ | $ |
| Retained Earnings | $102,506 | $82,070 | $64,799 |
| Equity Summary | |||
| Total Equity | $182,637 | $153,168 | $125,713 |
| Shares Outstanding | 2,534,487,662 | 2,561,000,000 | 2,614,000,000 |