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Meta Platforms Inc.
METACommunicationGenerated Jul 5, 2026, 08:51 PM UTC
META (Meta Platforms Inc.) analytical snapshot. Return on equity 31.10%, ROA 14.16%, ROIC 30.25%. Net income up ▲ +68.5% YoY. Debt/equity 0.24, current ratio 2.35, net debt $35.32B. Valuation could not be computed. Risk: Moderate. Macro: Risk-on · Supportive. Composite analytical score -4 (data confidence 65%). Descriptive analytics from public filings — not investment advice.
Price
$582.90
NMS
Revenue (FY)
—
Net margin
—
Free cash flow
$44.07B
Risk level
Moderate
Free SEC analysis
— computed from SEC filings, free to readFree previewFundamentals Analyst
Fundamentals
Fundamentals Analyst
score 20Improving
80% conf
Return on equity 31.10%, ROA 14.16%, ROIC 30.25%. Net income up ▲ +68.5% YoY. Debt/equity 0.24, current ratio 2.35, net debt $35.32B.
- Return on equity 31.10%, ROA 14.16%, ROIC 30.25%.
- Net income up ▲ +68.5% YoY.
- Debt/equity 0.24, current ratio 2.35, net debt $35.32B.
Revenue (FY)
—
Net margin
—
ROE
31.10%
ROA 14.16%
ROIC
30.25%
EPS (diluted)
$14.87
FY2025
Free cash flow
$44.07B
Debt / equity
0.24
Cash $23.43B
Current ratio
2.35
Equity $243.68B
Annual fundamentals — up to 10 years (SEC 10-K, US-GAAP)
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2016 | $12.47B | — | 0.00 | 40.06 | 23.58 | $5.50B | 19.00 |
| 2017 | $17.93B | +43.8% | 0.00 | 34.72 | 20.57 | $7.80B | 10.22 |
| 2018 | — | — | — | — | — | $11.62B | 23.11 |
| 2019 | — | — | — | — | — | $17.48B | 26.92 |
| 2020 | — | — | — | — | — | $15.36B | 29.74 |
| 2021 | — | — | — | — | — | $21.21B | 21.97 |
| 2022 | — | — | — | — | — | $23.58B | 28.84 |
| 2023 | — | — | — | — | — | $38.99B | 30.69 |
| 2024 | — | — | — | — | — | $19.29B | 18.58 |
| 2025 | — | — | — | — | — | $44.07B | 31.10 |
Quarterly revenue trend (last 6 quarters, SEC 10-Q)
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Sep 30, 2017 | $10.33B | -45.1% | — | 112.95% |
| Mar 31, 2018 | $11.97B | +49.0% | +15.9% | 41.68% |
| Jun 30, 2018 | $25.20B | +45.2% | +110.6% | 40.06% |
| Jun 30, 2018 | $13.23B | -23.8% | -47.5% | 76.28% |
| Sep 30, 2018 | $38.92B | +40.6% | +194.2% | 39.13% |
| Sep 30, 2018 | $13.73B | -50.4% | -64.7% | 110.95% |
Revenue (annual, SEC 10-K)
2016: 12,466
2017: 17,928
2018: 0
2019: 0
2020: 0
2021: 0
2022: 0
2023: 0
2024: 0
2025: 0
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Profitability trends (%)
GrossOperatingNet
Free cash flow (annual)
2016: 5,495
2017: 7,797
2018: 11,617
2019: 17,483
2020: 15,359
2021: 21,212
2022: 23,584
2023: 38,993
2024: 19,289
2025: 44,068
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Sources:SEC EDGAR — Company Facts (XBRL)
Free previewRegulatory Analyst
Filings & Ownership
Regulatory Analyst
score 15Stable
80% conf
Latest quarterly report (10-Q) filed Apr 30, 2026. 4 recent 8-K material-event filings in the index. Recent insider Form 4s: 0 buy vs 0 sell transactions.
- Latest quarterly report (10-Q) filed Apr 30, 2026.
- 4 recent 8-K material-event filings in the index.
- Recent insider Form 4s: 0 buy vs 0 sell transactions.
- ~10,000+ recent 13F-HR filings reference Meta Platforms Inc.; broad institutional reporting.
- Recent filers include Adams Wealth Management, Adams Wealth Management, MUFG Securities EMEA plc.
- 10 recent 13G passive institutional ownership notices.
Latest 10-K
—
Latest 10-Q
Apr 30, 2026
8-K (recent)
4
Insider net
—
0B/0S
13F filers
10k+
Activist 13D
0
Recent 13F institutional filers (SEC EDGAR full-text)
| Filer | Form | Filed |
|---|---|---|
| Adams Wealth Management | 13F-HR | Feb 17, 2023 |
| Adams Wealth Management | 13F-HR | Nov 10, 2022 |
| MUFG Securities EMEA plc | 13F-HR | Jan 24, 2023 |
| Parallax Volatility Advisers, L.P. | 13F-HR | Feb 14, 2022 |
| MUFG Securities EMEA plc | 13F-HR | Nov 9, 2022 |
Recent 8-K material events
| Date | Form | Description |
|---|---|---|
| May 29, 2026 | 8-K | 8-K |
| May 4, 2026 | 8-K | 8-K |
| Apr 29, 2026 | 8-K | 8-K |
| Apr 14, 2026 | 8-K | 8-K |
Free previewSEC Filing Analyst
SEC Filing Deep-Analysis
SEC Filing Analyst
score -32Deteriorating
66% conf
2 risk signal(s), 2 positive signal(s), 2 watch item(s) detected from XBRL filing diff analysis. Strong cash conversion (OCF > NI) combined with growing deferred revenue provides high forward visibility. The business model appears to generate sustainable, recurring cash flows — a positive structural indicator.
- Material weakness in internal controls: The term "material weakness" appears in 13 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
- NEW: Restatement of financial statements in latest filing: The term "restate" "financial statements" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 8 filing(s).
- Operating cash flow exceeds net income: OCF is 1.82x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
- Deferred revenue growing — future revenue visibility: Deferred revenue grew +121.4% to $62.0M, providing forward revenue visibility. This is a positive leading indicator for subscription or contract-based businesses.
- R&D intensity declining: R&D as % of revenue fell from 283.5% to 214.7%. This may signal reduced innovation investment — potentially impacting long-term competitive position. Compare with peer R&D trends.
- NEW: Off-balance sheet arrangements: Off-balance sheet arrangements appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- Endogenous analysis: Strong cash conversion (OCF > NI) combined with growing deferred revenue provides high forward visibility. The business model appears to generate sustainable, recurring cash flows — a positive structural indicator.
- 2 new XBRL disclosure(s) in latest filing — expanding reporting scope.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 2 new risk-language term(s) detected in filing text: Restatement of financial statements, Off-balance sheet arrangements.
- Ongoing high-severity risk language: Material weakness in internal controls.
Revenue
$17.93B
+43.8% YoY
Operating income
$46.75B
+61.5% YoY
Net income
$39.10B
+68.5% YoY
Operating cash flow
$71.11B
+40.9% YoY
Capex
$27.05B
-13.3% YoY
Total assets
$276.05B
+20.2% YoY
Total liabilities
$93.42B
+22.2% YoY
Long-term debt
$28.83B
+56.8% YoY
Filing quality score
74/100
2 new disclosures
SEC XBRL metric changes (latest annual vs prior)
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $12.47B | $17.93B | $5.46B | +43.8% |
| Operating income | $28.94B | $46.75B | $17.81B | +61.5% |
| Net income | $23.20B | $39.10B | $15.90B | +68.5% |
| Operating cash flow | $50.48B | $71.11B | $20.64B | +40.9% |
| Capex | $31.19B | $27.05B | $-4.14B | -13.3% |
| Total assets | $229.62B | $276.05B | $46.43B | +20.2% |
| Total liabilities | $76.45B | $93.42B | $16.96B | +22.2% |
| Long-term debt | $18.39B | $28.83B | $10.44B | +56.8% |
| Cash & equivalents | $14.68B | $41.86B | $27.18B | +185.1% |
| Stockholders equity | $124.88B | $125.71B | $834.0M | +0.7% |
| Accounts receivable | $16.17B | $16.99B | $825.0M | +5.1% |
| R&D expense | $35.34B | $38.48B | $3.15B | +8.9% |
| Interest expense | $6.0M | $23.0M | $17.0M | +283.3% |
XBRL disclosure changes (new vs dropped concepts)
| Type | Concepts |
|---|---|
| Added | AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount, CommonStocksIncludingAdditionalPaidInCapital |
| Removed | AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax, AdditionalPaidInCapital, AdvertisingExpense, AllocatedShareBasedCompensationExpense, AmortizationOfIntangibleAssets, CommonStockValue, ContractualObligationDueAfterFifthYear, ContractualObligationDueInFifthYear, ContractualObligationDueInFourthYear, ContractualObligationDueInSecondYear |
Risk language in filing text (EDGAR full-text search)
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Material weakness in internal controls | high | 13 | 2 | Ongoing |
| Restatement of financial statements | high | 8 | 0 | NEW |
| Impairment charge | medium | 23 | 2 | Ongoing |
| Restructuring | medium | 14 | 7 | Ongoing |
| Off-balance sheet arrangements | medium | 41 | 0 | NEW |
| Related party transactions | low | 1 | 0 | NEW |
Filing signal breakdown
Red flags: 2
Positive: 2
Watch: 2
Red flags
Positive
Watch
Unlock the rest
- ProValuationMarket price (Yahoo) or shares outstanding (SEC DEI) unavailable; multiples could not be computed.
- ProPrice & TechnicalsPrice $582.90 — downtrend (below 200-DMA); 1-month momentum negative.
- ProMacro & RatesMarket regime: Risk-on · Supportive.
- ProRisk ScorecardComposite risk: Moderate.
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Macro exposure
Cyclical / growth · High sensitivityMacro regime: Risk-on · Supportive. Meta Platforms Inc. is a cyclical / growth name (high macro sensitivity) — risk appetite favors cyclical/growth names.
Macro regime
Risk-on · Supportive
Yield curve
Normal
VIX
16.59
Fed funds
3.63%
CPI YoY
+4.2%
Analytical read
deterministic previewReturn on equity **31.10%**, ROA 14.16%, ROIC 30.25%..
Risk
Moderate
Macro regime
Risk-on · Supportive
Macro exposure
Supportive
Descriptive analytics from public filings and macro data — not investment advice.
Peer comparison
Cyclical / growth groupHow META stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
| Company | Score | Macro |
|---|---|---|
| Marathon Petroleum MPC | 25 | Supportive |
| Nike Inc. NKE | 24 | Supportive |
| Airbnb Inc. ABNB | 22 | Supportive |
| Datadog Inc. DDOG | 16 | Supportive |
| Okta Inc. OKTA | 15 | Supportive |
| Valero Energy VLO | 13 | Supportive |
| Deere & Co. DE | 12 | Supportive |
| ASML Holding NV ASML | 10 | Supportive |
| Marriott International MAR | 10 | Supportive |
| GE Aerospace GE | 10 | Supportive |
| United Parcel Service UPS | 9 | Supportive |
| Snowflake Inc. SNOW | 8 | Supportive |
| NVIDIA Corp. NVDA | 7 | Supportive |
| Alphabet Inc. GOOGL | 7 | Supportive |
| General Motors Co. GM | 7 | Supportive |
| Booking Holdings BKNG | 6 | Supportive |
| Nucor Corp. NUE | 5 | Supportive |
| Shopify Inc. SHOP | 5 | Supportive |
| Ulta Beauty Inc. ULTA | 5 | Supportive |
| Pinterest Inc. PINS | 5 | Supportive |
| Amazon.com Inc. AMZN | 4 | Supportive |
| Microchip Technology MCHP | 3 | Supportive |
| Warner Bros Discovery WBD | 3 | Supportive |
| Adobe Inc. ADBE | 3 | Supportive |
| Intuit Inc. INTU | 2 | Supportive |
| General Dynamics GD | 1 | Supportive |
| Roku Inc. ROKU | 1 | Supportive |
| Lockheed Martin LMT | 0 | Supportive |
| Boeing Co. BA | 0 | Supportive |
| Hess Corp. HES | 0 | Supportive |
| MercadoLibre Inc. MELI | -1 | Supportive |
| EOG Resources EOG | -2 | Supportive |
| Applied Materials Inc. AMAT | -2 | Supportive |
| IBM Corp. IBM | -3 | Supportive |
| Energy Transfer ET | -3 | Supportive |
| Meta Platforms Inc. META● you | -4 | Supportive |
| Uber Technologies UBER | -4 | Supportive |
| Phillips 66 PSX | -4 | Supportive |
| United Airlines Holdings UAL | -5 | Supportive |
| Caterpillar Inc. CAT | -5 | Supportive |
| Alibaba Group BABA | -5 | Supportive |
| Comcast Corp. CMCSA | -6 | Supportive |
| TJX Cos. TJX | -6 | Supportive |
| Starbucks Corp. SBUX | -6 | Supportive |
| Schlumberger N.V. SLB | -7 | Supportive |
| Workday Inc. WDAY | -7 | Supportive |
| McDonald's Corp. MCD | -7 | Supportive |
| Micron Technology MU | -8 | Supportive |
| CF Industries CF | -8 | Supportive |
| Lam Research Corp. LRCX | -8 | Supportive |
| Albemarle Corp. ALB | -8 | Supportive |
| Delta Air Lines DAL | -8 | Supportive |
| Yum Brands Inc. YUM | -8 | Supportive |
| Linde plc LIN | -9 | Supportive |
| Home Depot Inc. HD | -10 | Supportive |
| Sherwin-Williams SHW | -10 | Supportive |
| Chipotle Mexican Grill CMG | -10 | Supportive |
| Old Dominion Freight ODFL | -10 | Supportive |
| Salesforce Inc. CRM | -11 | Supportive |
| Netflix Inc. NFLX | -12 | Supportive |
| Union Pacific Corp. UNP | -12 | Supportive |
| Norfolk Southern NSC | -13 | Supportive |
| Air Products & Chemicals APD | -13 | Supportive |
| Exxon Mobil Corp. XOM | -14 | Supportive |
| Palo Alto Networks PANW | -14 | Supportive |
| Royal Caribbean Group RCL | -15 | Supportive |
| Apple Inc. AAPL | -15 | Supportive |
| ConocoPhillips COP | -15 | Supportive |
| Zscaler Inc. ZS | -15 | Supportive |
| Occidental Petroleum OXY | -15 | Supportive |
| Devon Energy DVN | -16 | Supportive |
| Kinder Morgan KMI | -16 | Supportive |
| Cisco Systems Inc. CSCO | -16 | Supportive |
| CSX Corp. CSX | -16 | Supportive |
| Microsoft Corp. MSFT | -16 | Supportive |
| Tesla Inc. TSLA | -17 | Supportive |
| Walt Disney Co. DIS | -17 | Supportive |
| Dow Inc. DOW | -17 | Supportive |
| ON Semiconductor Corp. ON | -18 | Supportive |
| Oracle Corp. ORCL | -18 | Supportive |
| CrowdStrike Holdings CRWD | -18 | Supportive |
| Mosaic Co. MOS | -18 | Supportive |
| RTX Corp. RTX | -19 | Supportive |
| Advanced Micro Devices AMD | -19 | Supportive |
| Freeport-McMoRan FCX | -20 | Supportive |
| Dollar General Corp. DG | -20 | Supportive |
| Eaton Corp. ETN | -22 | Supportive |
| Chevron Corp. CVX | -22 | Supportive |
| T-Mobile US Inc. TMUS | -22 | Supportive |
| 3M Co. MMM | -23 | Supportive |
| Lowe's Cos. LOW | -24 | Supportive |
| Texas Instruments TXN | -24 | Supportive |
| Honeywell International HON | -24 | Supportive |
| Qualcomm Inc. QCOM | -25 | Supportive |
| Marvell Technology MRVL | -29 | Supportive |
| Intel Corp. INTC | -31 | Supportive |
| Verizon Communications VZ | -31 | Supportive |
| ServiceNow Inc. NOW | -33 | Supportive |
| Newmont Corp. NEM | -34 | Supportive |
| Autodesk Inc. ADSK | -34 | Supportive |
| Broadcom Inc. AVGO | -35 | Supportive |
| Cloudflare Inc. NET | — | Supportive |
| Spotify Technology SPOT | — | Supportive |