Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.6B | $40.7B | $55.8B | $70.7B | $86.0B | $118B | $117B | $135B | $165B | $201B |
| Revenue growth | — | 47.1% | 37.4% | 26.6% | 21.6% | 37.2% | -1.1% | 15.7% | 21.9% | 22.2% |
| Operating income | $12.4B | $20.2B | $24.9B | $24.0B | $32.7B | $46.8B | $28.9B | $46.8B | $69.4B | $83.3B |
| Operating margin | 45.0% | 49.7% | 44.6% | 33.9% | 38.0% | 39.6% | 24.8% | 34.7% | 42.2% | 41.4% |
| Net income | $10.2B | $15.9B | $22.1B | $18.5B | $29.1B | $39.4B | $23.2B | $39.1B | $62.4B | $60.5B |
| Net margin | 37.0% | 39.2% | 39.6% | 26.1% | 33.9% | 33.4% | 19.9% | 29.0% | 37.9% | 30.1% |
| EPS (diluted) | $3.49 | $5.39 | $7.57 | $6.43 | $10.09 | $13.77 | $8.59 | $14.87 | $23.86 | $23.49 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $16.1B | $24.2B | $29.3B | $36.3B | $38.7B | $57.7B | $50.5B | $71.1B | $91.3B | $116B |
| Capital expenditures | $4.49B | $6.73B | $13.9B | $15.1B | $15.2B | $18.7B | $31.2B | $27.0B | $37.3B | $69.7B |
| Free cash flow | $11.6B | $17.5B | $15.4B | $21.2B | $23.6B | $39.0B | $19.3B | $44.1B | $54.1B | $46.1B |
| Share buybacks | $0.00 | $1.98B | $12.9B | $4.20B | $6.27B | $44.5B | $28.0B | $19.8B | $30.1B | $26.2B |
| Dividends paid | — | — | — | — | — | — | $0.00 | $0.00 | $5.07B | $5.32B |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $8.90B | $8.08B | $10.0B | $19.1B | $17.6B | $16.6B | $14.7B | $41.9B | $43.9B | $35.9B |
| Total assets | $65.0B | $84.5B | $97.3B | $133B | $159B | $166B | $186B | $230B | $276B | $366B |
| Total liabilities | $5.77B | $10.2B | $13.2B | $32.3B | $31.0B | $41.1B | $60.0B | $76.5B | $93.4B | $149B |
| Long-term debt | — | — | — | — | — | $0.00 | $9.92B | $18.4B | $28.8B | $58.7B |
| Shareholders' equity | $59.2B | $74.3B | $84.1B | $101B | $128B | $125B | $126B | $153B | $183B | $217B |
| Retained earnings | $21.7B | $34.0B | $42.0B | $55.7B | $77.3B | $69.8B | $64.8B | $82.1B | $103B | $121B |
| Shares (wtd avg diluted) | 2.92B | 2.96B | 2.92B | 2.88B | 2.89B | 2.86B | 2.70B | 2.63B | 2.61B | 2.57B |
Every figure is extracted from Meta Platforms, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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