Full text
Earnings transcript
Read the complete earnings call transcript.
META
Meta Platforms, Inc.
$599.12
4.2
(0.71%)
| Exchange: | NASDAQ |
| Market Cap: | 1.526T |
| Shares Outstanding: | 2.138B |
Delayed data
About The Company
| Sector: | Communication Services | |||||
| Industry: | Internet Content & Information | |||||
| CEO: | Mark Elliot Zuckerberg | |||||
| Full Time Employees: | 75472 | |||||
| Address: |
| |||||
| Website: | http://www.meta.com |
Meta Platforms Inc., which operated as Facebook, Inc. until its October 2021 rebranding, is a technology enterprise focused on developing innovative products that empower people globally to connect and share with their friends and family. These services are accessible across a variety of digital platforms, including mobile phones, personal computers, virtual reality devices, and wearables. The company’s activities are organized into two principal divisions: the Family of Apps and Reality Labs. The Family of Apps segment encompasses well-known platforms such as: Facebook, where users can share content, participate in discussions, explore new interests, and build connections. Instagram, a vibrant community dedicated to sharing visual media like photos and videos, sending private messages, and utilizing features such as user feeds, ephemeral stories, short video reels, live streams, and integrated shopping functionalities. Messenger, a dedicated application that facilitates text, audio, and video communications, enabling individuals to communicate with their social networks, communities, and even businesses across different devices and operating systems. WhatsApp, a widely adopted and secure messaging service employed by individuals and enterprises for private communication and financial transactions. The Reality Labs division concentrates on pioneering augmented and virtual reality technologies. This segment is responsible for creating consumer-grade hardware, sophisticated software, and engaging content, all aimed at fostering a sense of connection among people, regardless of their physical location or time zone. Meta Platforms Inc. was founded in 2004 and its corporate headquarters are situated in Menlo Park, California.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 134,902,000 | 164,501,000 | 200,966,000 |
| Gross Profit | 108,943,000 | 134,340,000 | 164,791,000 |
| EBITDA | 59,052,000 | 86,876,000 | 104,548,000 |
| Operating Income | 46,751,000 | 69,380,000 | 83,276,000 |
| Net Income | 39,098,000 | 62,360,000 | 60,458,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 229,623,000 | 276,054,000 | 366,021,000 |
| Total Liabilities | 76,455,000 | 93,417,000 | 148,778,000 |
| Total Stockholders Equity | 153,168,000 | 182,637,000 | 217,243,000 |
| Total Debt | 37,234,000 | 49,060,000 | 83,897,000 |
| Cash and Cash Equivalents | 41,862,000 | 43,889,000 | 35,873,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 71,113,000 | 91,328,000 | 115,800,000 |
| Capital Expenditure | -27,266,000 | -37,256,000 | -69,691,000 |
| Free Cash Flow | 43,847,000 | 54,072,000 | 46,109,000 |
| Net Income | 39,098,000 | 62,360,000 | 60,458,000 |
| Net Change in Cash | 27,231,000 | 2,611,000 | -6,338,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 444,512,267.283 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 523,514,646.966 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 467,678,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 202,520,527.957 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 238,514,143.479 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 213,074,874.295 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 132,243,960.471 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 163,283,775.003 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 141,345,701.694 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 76,341,517.304 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 89,909,560.257 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 80,320,051.340 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 54.910 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 63.440 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 51.380 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 30 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 16 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates META intrinsic value between $580.00 – $600.00 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about META valuation
Is Meta Platforms, Inc. (META) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Meta Platforms, Inc. (META) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is META a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether META trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is META’s P/E ratio?
You can see META’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for META?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is META a good long-term investment?
Whether META fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
META
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.71
Trading Metrics:
| Open: | 598 | Previous Close: | 594.92 | |
| Day Low: | 593.4 | Day High: | 612.42 | |
| Year Low: | 520.26 | Year High: | 796.25 | |
| Price Avg 50: | 598.95 | Price Avg 200: | 630.6 | |
| Volume: | 0 | Average Volume: | 17.768M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeMETA full analysis
Hey everyone, welcome back. Today we are doing a comprehensive deep dive into Meta Platforms, ticker META. The stock has had a bit of a rough patch recently, dropping over 5% just yesterday, and it’s down about 7% over the last three months. But with a market cap still north of $1.5 trillion, this is a company that demands serious attention. We’re going to look at the business model, the financials, the recent earnings, the valuation, and ultimately give you…
