Meta Platforms, Inc.
For the period ended Dec 31, 2025. Filed Jan 29, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jan 29, 2026
META$641.37+5.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except number of shares and par value)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $35,873 | $43,889 |
| Marketable securities | 45,719 | 33,926 |
| Accounts receivable, net | 19,769 | 16,994 |
| Prepaid expenses and other current assets | 7,361 | 5,236 |
| Total current assets | 108,722 | 100,045 |
| Non-marketable equity investments | 27,524 | 6,070 |
| Property and equipment, net | 176,400 | 121,346 |
| Operating lease right-of-use assets | 20,404 | 14,922 |
| Goodwill | 24,534 | 20,654 |
| Other assets | 8,437 | 13,017 |
| Total assets | $366,021 | $276,054 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $8,894 | $7,687 |
| Operating lease liabilities, current | 2,213 | 1,942 |
| Accrued expenses and other current liabilities | 30,729 | 23,967 |
| Total current liabilities | 41,836 | 33,596 |
| Operating lease liabilities, non-current | 22,940 | 18,292 |
| Long-term debt | 58,744 | 28,826 |
| Long-term income taxes | 21,005 | 9,987 |
| Other liabilities | 4,253 | 2,716 |
| Total liabilities | 148,778 | 93,417 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 2,187 million and 2,190 million shares issued and outstanding, as of December 31, 2025 and 2024, respectively; 4,141 million Class B shares authorized, 343 million and 344 million shares issued and outstanding, as of December 31, 2025 and 2024, respectively | — | — |
| Additional paid-in capital | 95,793 | 83,228 |
| Accumulated other comprehensive income (loss) | 271 | (3,097) |
| Retained earnings | 121,179 | 102,506 |
| Total stockholders' equity | 217,243 | 182,637 |
| Total liabilities and stockholders' equity | $366,021 | $276,054 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.