Meta Platforms balance sheet
At the end of fiscal 2025, Meta Platforms had total assets of $366.02bn, total liabilities of $148.78bn and shareholders' equity of $217.24bn. It held $35.87bn in cash against $59.00bn of debt: net debt of $23.13bn.
Balance sheet
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.8 | 1.5 | 2.4 | 3.3 | 4.3 | 4.9 | 8.9 | 8.1 | 10.0 | 19.1 | 17.6 | 16.6 | 14.7 | 41.9 | 43.9 | 35.9 | 11.2 |
| Receivables | — | 0.5 | 0.7 | 1.1 | 1.7 | 2.6 | 4.0 | 5.8 | 7.6 | 9.5 | 11.3 | 14.0 | 13.5 | 16.2 | 17.0 | 19.8 | 22.7 |
| Total current assets | — | 4.6 | 11.3 | 13.1 | 13.4 | 21.7 | 34.4 | 48.6 | 50.5 | 66.2 | 75.7 | 66.7 | 59.5 | 85.4 | 100.0 | 108.7 | 119.9 |
| Goodwill | 0.0 | 0.1 | 0.6 | 0.8 | 18.0 | 18.0 | 18.1 | 18.2 | 18.3 | 18.7 | 19.1 | 19.2 | 20.3 | 20.7 | 20.7 | 24.5 | 23.4 |
| Total assets | — | 6.3 | 15.1 | 17.9 | 40.0 | 49.4 | 65.0 | 84.5 | 97.3 | 133.4 | 159.3 | 166.0 | 185.7 | 229.6 | 276.1 | 366.0 | 478.8 |
| Accounts payable | — | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | 0.8 | 1.4 | 1.3 | — | — | — | — | 8.9 | 19.1 |
| Deferred revenue (current) | — | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.3 | 0.4 | 0.5 | 0.5 | 0.6 | 0.7 | — | — |
| Total current liabilities | — | 0.9 | 1.1 | 1.1 | 1.4 | 1.9 | 2.9 | 3.8 | 7.0 | 15.1 | 15.0 | 21.1 | 27.0 | 32.0 | 33.6 | 41.8 | 63.0 |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.0 | 2.7 |
| Long-term debt | — | 0.0 | 1.5 | 0.0 | — | — | — | — | — | — | — | 0.0 | 9.9 | 18.4 | 28.8 | 58.7 | 80.9 |
| Total debt | 0.0 | 0.0 | 1.5 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10.0 | 18.5 | 29.0 | 59.0 | 84.0 |
| Total liabilities | — | 1.4 | 3.3 | 2.4 | 3.9 | 5.2 | 5.8 | 10.2 | 13.2 | 32.3 | 31.0 | 41.1 | 60.0 | 76.5 | 93.4 | 148.8 | 206.5 |
| Shareholders' equity | — | 4.9 | 11.8 | 15.5 | 36.1 | 44.2 | 59.2 | 74.3 | 84.1 | 101.1 | 128.3 | 124.9 | 125.7 | 153.2 | 182.6 | 217.2 | 272.4 |
| Net debt (negative = net cash) | −1.8 | −1.5 | −0.9 | −3.3 | −4.3 | −4.7 | −8.9 | −8.1 | −10.0 | −19.1 | −17.6 | −16.6 | −4.7 | −23.4 | −14.9 | 23.1 | 72.8 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 17.0 | 14.5 | 16.6 | 17.3 | 19.8 | 17.5 | 21.8 | 22.7 |
| Total current assets | 100.0 | 90.2 | 73.6 | 73.1 | 108.7 | 109.8 | 125.5 | 119.9 |
| Goodwill | 20.7 | 20.7 | 20.7 | 21.2 | 24.5 | 24.7 | 23.4 | 23.4 |
| Total assets | 276.1 | 280.2 | 294.7 | 303.8 | 366.0 | 395.3 | 450.0 | 478.8 |
| Accounts payable | — | — | — | — | 8.9 | — | 15.9 | 19.1 |
| Deferred revenue (current) | 0.7 | — | — | — | — | — | — | — |
| Total current liabilities | 33.6 | 33.9 | 37.3 | 37.0 | 41.8 | 46.8 | 56.4 | 63.0 |
| Short-term debt | — | — | — | — | 0.0 | — | — | 2.7 |
| Long-term debt | 28.8 | 28.8 | 28.8 | 28.8 | 58.7 | 58.7 | 83.7 | 80.9 |
| Total debt | 28.8 | 28.8 | 28.8 | 28.8 | 58.7 | 58.7 | 83.7 | 83.7 |
| Total liabilities | 93.4 | 95.2 | 99.7 | 109.8 | 148.8 | 151.6 | 188.7 | 206.5 |
| Shareholders' equity | 182.6 | 185.0 | 195.1 | 194.1 | 217.2 | 243.7 | 261.2 | 272.4 |
Compare with peers
- Alphabet Inc. (Class A) balance sheet
- Sea Ltd balance sheet
- Spotify Technology S.a. balance sheet
- Baidu, Inc. balance sheet
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