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What changed in Meta Platforms, Inc.'s latest annual report

In the year ended 31 Dec 2025, Meta Platforms, Inc.'s revenue rose 22.2% to USD 200.97bn, from USD 164.50bn; net income fell 3.1% to USD 60.46bn, from USD 62.36bn; long-term debt rose 103.8% to USD 58.74bn, from USD 28.83bn.

Year ended 31 Dec 2025. Source: 10-K filed 29 Jan 2026, read it on SEC EDGAR.

USD 164.50bn to USD 200.97bn

Revenue, up 22.2% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue164.50bn200.97bnUp 22.2%
Net income62.36bn60.46bnDown 3.1%
Total assets276.05bn366.02bnUp 32.6%
Total liabilities93.42bn148.78bnUp 59.3%
Long-term debt28.83bn58.74bnUp 103.8%
Cash and cash equivalents43.89bn35.87bnDown 18.3%
Shareholders' equity182.64bn217.24bnUp 18.9%

Questions people ask

Did Meta Platforms, Inc.'s revenue grow last year?

Revenue grew 22.2%, from USD 164.50bn to USD 200.97bn in the year ended 31 Dec 2025.

Is Meta Platforms, Inc. profitable?

Yes. Net income was USD 60.46bn in the year ended 31 Dec 2025. The year before: USD 62.36bn.

How much cash and debt does Meta Platforms, Inc. have?

At its latest year end (31 Dec 2025), Meta Platforms, Inc. reported cash and cash equivalents of USD 35.87bn and long-term debt of USD 58.74bn.

Where do these numbers come from?

From Meta Platforms, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Meta Platforms, Inc. (META) 10-K: what changed year on year | LYNORIQ Insights