Meta is a social advertising, messaging, AI, and mixed-reality company. The stock thesis weighs one of the strongest ad businesses in the world against AI capex, social-media legal exposure, Reality Labs losses, and the Llama ecosystem.

Meta Platforms (META) Stock Price & Market Analysis
META · NASDAQ · Internet Content & Information
$614.99
▼ -$9.53(-1.53%)4:00 PM ET - vs previous closeQuote as of Oct 30, 2026, 4:00 PM EDT
Regular-session close · Oct 30, 2026, 4:00 PM EDT.
Historical range: 2012-05-18–2026-10-30. Earlier trading may not be included.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Jan 26, 2027Next earnings (est.) · After market closeEstimated · After market close · Last verified 2026-11-01
Countdown
86 days out
Reported fundamentals
META financial overview
Annual revenue
USD 200.97B
Sales for the fiscal year ended Dec 31, 2025. This is not trailing twelve-month revenue.
Revenue change
+22.2%
Change versus the fiscal year ended Dec 31, 2024.
Net profit margin
30.1%
Net income divided by revenue for the fiscal year ended Dec 31, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Meta Platforms (META)Sector, leadership, and how Meta Platforms earns its revenue.Communication Services
Meta Platforms
NASDAQ · META · US
Company overview.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Headquarters
- Menlo Park, California
- Country
- US
- Founded
- 2004
- Employees
- 66,775
- CEO
- Mr. Mark Elliot Zuckerberg
- Exchange
- NASDAQ
How Meta Platforms makes money
Ads
The core profit engine
Facebook, Instagram, WhatsApp, Threads, and Reels give Meta a massive attention graph that powers high-return advertising products.
AI
Llama and ranking systems drive both offense and defense
Meta AI work matters in two ways: better ad ranking and creative tools today, plus open-source model distribution and assistant products over time.
Capex
Infrastructure spend is the investor debate
The company can fund enormous AI infrastructure, but the market needs proof that spend produces durable revenue and engagement returns.
Legal risk
Platform liability is not gone
Youth-safety and social-media liability cases are important legal risks for Meta.
Key takeaways for META
META combines a highly profitable ad engine with one of the most aggressive AI infrastructure budgets in tech.
Llama and AI ad systems can strengthen the moat if they improve monetization and developer adoption.
Legal exposure and capex discipline are the two recurring checks investors should keep visible.
Business model & operating resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
Operating measures
- Revenue
- $64.60Bquarter ended Sep 30, 2026
- Operating margin
- 20.1%quarter ended Sep 30, 2026
- EPS
- $3.83quarter ended Sep 30, 2026
- Capital expenditure
- $33.94Bquarter ended Sep 30, 2026
- OCF less PP&E
- -$1.16Bquarter ended Sep 30, 2026
- Meta-reported free cash flow
- -$2.12Bquarter ended Sep 30, 2026
- OCF less PP&E margin
- -1.8%quarter ended Sep 30, 2026
- Operating cash / net income
- 3.33×quarter ended Sep 30, 2026
- Revenue growth year over year
- 26.1%quarter ended Sep 30, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-11-02 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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