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Meta Platforms (META): what its SEC filings show

Two years of results through Q3 2026 (Jul–Sep 2026), in plain English. Every figure links to the SEC filing it came from.

Built by the Tribune's code from SEC filings. No AI wrote or changed any figure. No ratings or advice. Updated Oct. 22, 2026. Latest report: 10-Q, filed Oct. 22, 2026. Updates automatically when the company files its next report. How this page works

The latest quarter at a glance

Revenue
$64.6B
up 26% from a year earlier
Q3 2025: $51.2B
Net income
$9.9B
up 264% from a year earlier
Q3 2025: $2.7B
Free cash flow
−$1.2B
Q3 2025: $11.2B. Calculated by the Tribune
Shares outstanding
No data
Q3 2025: No data. More shares means each share owns a smaller slice

Q3 2026 (Jul–Sep 2026) compared with Q3 2025.

What changed this quarter

  • Revenue was $64.6 billion, up 26% from $51.2 billion a year earlier. Source
  • Net income was $9.9 billion, up 264% from $2.7 billion a year earlier. Source

Two-year trends

Revenue

All the money the company took in from sales, before any costs.

48.4Q4 2442.3Q1 2547.5Q2 2551.2Q3 2559.9Q4 2556.3Q1 2660.8Q2 2664.6Q3 26
48.4Q4’2442.3Q1’2547.5Q2’2551.2Q3’2559.9Q4’2556.3Q1’2660.8Q2’2664.6Q3’26
Billions of dollars, as filed.

Net income

What was left after all costs, interest and taxes: the bottom line. Below the line is a loss.

20.8Q4 2416.6Q1 2518.3Q2 252.7Q3 2522.8Q4 2526.8Q1 2615.8Q2 269.9Q3 26
20.8Q4’2416.6Q1’2518.3Q2’252.7Q3’2522.8Q4’2526.8Q1’2615.8Q2’269.9Q3’26
Billions of dollars: net income attributable to the company's shareholders, as filed (GAAP).

Free cash flow

Cash brought in by running the business, minus spending on property and equipment. Below the line means the company spent more than it brought in that quarter.

13.6Q4 2411.1Q1 259.0Q2 2511.2Q3 2514.8Q4 2513.2Q1 261.7Q2 26-1.2Q3 26
13.6Q4’2411.1Q1’259.0Q2’2511.2Q3’2514.8Q4’2513.2Q1’261.7Q2’26-1.2Q3’26
Billions of dollars. Calculated by the Tribune: cash from operations minus payments for property and equipment, both as filed.

Shares outstanding

How many shares exist. When the number rises, each share owns a smaller slice of the company.

No dataQ4 24No dataQ1 25No dataQ2 25No dataQ3 25No dataQ4 25No dataQ1 26No dataQ2 26No dataQ3 26
No dataQ4’24No dataQ1’25No dataQ2’25No dataQ3’25No dataQ4’25No dataQ1’26No dataQ2’26No dataQ3’26
Billions of shares on each quarter-end date (or on the report's cover page a few weeks later).

Cash and short-term investments compared with debt

Cash on hand next to what the company owes in loans and bonds.

Cash and short-term investmentsDebt
78–Q4 2470–Q1 2547–Q2 2544–Q3 258259Q4 2581–Q1 2690–Q2 268284Q3 26
–Q4’24–Q1’25–Q2’25–Q3’25Q4’25–Q1’26–Q2’26Q3’26
Billions of dollars at each quarter-end. Debt = short-term plus long-term debt, only when both are filed for that date (calculated by the Tribune). A dash means no data.

Warning-sign checks

Code looks for these filings in the last three years and reports only that a filing exists, never what it means for the stock.

Auditor change
The company changed the accounting firm that checks its books.
None in the last three years
Past results can't be relied on
The company said earlier reported results were wrong and will be corrected.
None in the last three years
Late filing
The company told the SEC a required report would be late.
None in the last three years

Every figure and its filing

Each figure links to the 10-Q or 10-K it came from. "No data" means it wasn't filed in a form the methodology accepts; nothing is estimated.

FigureQ4 2024Oct–Dec 2024Q1 2025Jan–Mar 2025Q2 2025Apr–Jun 2025Q3 2025Jul–Sep 2025Q4 2025Oct–Dec 2025Q1 2026Jan–Mar 2026Q2 2026Apr–Jun 2026Q3 2026Jul–Sep 2026
Revenue$48.4 billion$42.3 billion$47.5 billion$51.2 billion$59.9 billion$56.3 billion$60.8 billion$64.6 billion
Net income$20.8 billion$16.6 billion$18.3 billion$2.7 billion$22.8 billion$26.8 billion$15.8 billion$9.9 billion
Cash from operations$28.0 billion$24.0 billion$25.6 billion$30.0 billion$36.2 billion$32.2 billion$31.9 billion$32.8 billion
Spending on property and equipment$14.4 billion$12.9 billion$16.5 billion$18.8 billion$21.4 billion$19.0 billion$30.1 billion$33.9 billion
Free cash flow (calculated)$13.6 billion$11.1 billion$9.0 billion$11.2 billion$14.8 billion$13.2 billion$1.7 billion−$1.2 billion
Gross margin (calculated)No dataNo dataNo dataNo dataNo dataNo dataNo dataNo data
Shares outstandingNo dataNo dataNo dataNo dataNo dataNo dataNo dataNo data
Cash and short-term investments (calculated)$77.8 billion$70.2 billion$47.1 billion$44.4 billion$81.6 billion$81.2 billion$90.3 billion$82.4 billion
Debt (calculated)No dataNo dataNo dataNo data$58.7 billionNo dataNo data$83.7 billion

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Figures as filed in 10-Q and 10-K reports; the latest filing wins. Single quarters, the fourth quarter (the full year minus the first nine months), free cash flow, margins and changes are calculated by the Tribune. Methodology version 1.2. How this page works · All of Meta Platforms's filings on SEC EDGAR