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METAMeta Platforms

Communication · Internet & Software Services · Nasdaq

Our mission is to build the future of human connection and the technology that makes it possible. 10-K, Item 1

Employees
78,865
Headquarters
Menlo Park, CA
CEO
Mark Zuckerberg
Next results
around Jan 27, 2027
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The numbers META said it expected, in its earnings releases of the last 3 years, next to what it then reported for the same period. Each target links to the sentence in the release; each result to the 10-Q or 10-K it was first reported in.

Of 15 range targets with a reported result: 7 came in above the last range given, 5 within it, 3 below it.

TargetWhat the company saidReportedResult
Total expenses
Fiscal 2026
Given $162.00B to $169.00B release 2026-01-28
Kept $162.00B to $169.00B release 2026-04-29
Raised $165.00B to $169.00B release 2026-07-29
Raised $175.00B to $179.00B release 2026-10-21
– Not reported yet
The company's words
We expect full year 2026 total expenses to be in the range of $162-169 billion. release 2026-01-28
We expect full year 2026 total expenses to be in the range of $162-169 billion, unchanged from our prior outlook. release 2026-04-29
We now expect full year 2026 total expenses to be in the range of $165-169 billion. release 2026-07-29
We now expect full year 2026 total expenses to be in the range of $175-179 billion. release 2026-10-21
Capital expenditures
Fiscal 2026
Given $115.00B to $135.00B release 2026-01-28
Raised $125.00B to $145.00B release 2026-04-29
Raised $130.00B to $145.00B release 2026-07-29
Raised $135.00B to $145.00B release 2026-10-21
– Not reported yet
The company's words
We anticipate 2026 capital expenditures, including principal payments on finance leases, to be in the range of $115-135 billion, with year-over-year growth driven by increased investment to support our Meta Superintelligence Labs efforts and core business. release 2026-01-28
We anticipate 2026 capital expenditures, including principal payments on finance leases, to be in the range of $125-145 billion, increased from our prior range of $115-135 billion. release 2026-04-29
We anticipate 2026 capital expenditures, including principal payments on finance leases, to be in the range of $130-145 billion, narrowed from our prior outlook of $125-145 billion. release 2026-07-29
We anticipate 2026 capital expenditures, including principal payments on finance leases, to be in the range of $135-145 billion, narrowed from our prior outlook of $130-145 billion. release 2026-10-21
Revenue
Q4 of fiscal 2026
Given $73.00B to $76.00B release 2026-10-21
– Not reported yet
The company's words
We expect fourth quarter 2026 total revenue to be in the range of $73-76 billion. release 2026-10-21
Revenue
Q3 of fiscal 2026
Given $61.00B to $64.00B release 2026-07-29
$64.60B
10-Q filed 2026-10-22
Above the range
The company's words
We expect third quarter 2026 total revenue to be in the range of $61-64 billion. release 2026-07-29
Revenue
Q2 of fiscal 2026
Given $58.00B to $61.00B release 2026-04-29
$60.80B
10-Q filed 2026-07-30
Within the range
The company's words
We expect second quarter 2026 total revenue to be in the range of $58-61 billion. release 2026-04-29
Revenue
Q1 of fiscal 2026
Given $53.50B to $56.50B release 2026-01-28
$56.31B
10-Q filed 2026-04-30
Within the range
The company's words
We expect first quarter 2026 total revenue to be in the range of $53.5-56.5 billion. release 2026-01-28
Total expenses
Fiscal 2025 (ended 2025-12-31)
Given $114.00B to $119.00B release 2025-01-29
Lowered $113.00B to $118.00B release 2025-04-30
Raised $114.00B to $118.00B release 2025-07-30
Raised $116.00B to $118.00B release 2025-10-29
$117.69B
10-K filed 2026-01-29
Within the range
The company's words
We expect full year 2025 total expenses to be in the range of $114-119 billion. release 2025-01-29
We expect full year 2025 total expenses to be in the range of $113-118 billion, lowered from our prior outlook of $114-119 billion. release 2025-04-30
We expect full year 2025 total expenses to be in the range of $114-118 billion, narrowed from our prior outlook of $113-118 billion and reflecting a growth rate of 20-24% year-over-year. release 2025-07-30
We expect full year 2025 total expenses to be in the range of $116-118 billion, updated from our prior outlook of $114-118 billion and reflecting a growth rate of 22-24% year-over-year. release 2025-10-29
Capital expenditures
Fiscal 2025 (ended 2025-12-31)
Given $60.00B to $65.00B release 2025-01-29
Raised $64.00B to $72.00B release 2025-04-30
Raised $66.00B to $72.00B release 2025-07-30
Raised $70.00B to $72.00B release 2025-10-29
$69.69B
10-K filed 2026-01-29
Below the range
The company's words
We anticipate our full year 2025 capital expenditures will be in the range of $60-65 billion. release 2025-01-29
We anticipate our full year 2025 capital expenditures, including principal payments on finance leases, will be in the range of $64-72 billion, increased from our prior outlook of $60-65 billion. release 2025-04-30
We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion, narrowed from our prior outlook of $64-72 billion and up approximately $30 billion year-over-year at the mid-point. release 2025-07-30
We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $70-72 billion, increased from our prior outlook of $66-72 billion. release 2025-10-29
Revenue
Q4 of fiscal 2025
Given $56.00B to $59.00B release 2025-10-29
$59.89B
10-K filed 2026-01-29
Above the range
The company's words
We expect fourth quarter 2025 total revenue to be in the range of $56-59 billion. release 2025-10-29
Revenue
Q3 of fiscal 2025
Given $47.50B to $50.50B release 2025-07-30
$51.24B
10-Q filed 2025-10-30
Above the range
The company's words
We expect third quarter 2025 total revenue to be in the range of $47.5-50.5 billion. release 2025-07-30
Revenue
Q2 of fiscal 2025
Given $42.50B to $45.50B release 2025-04-30
$47.52B
10-Q filed 2025-07-31
Above the range
The company's words
We expect second quarter 2025 total revenue to be in the range of $42.5-45.5 billion. release 2025-04-30
Revenue
Q1 of fiscal 2025
Given $39.50B to $41.80B release 2025-01-29
$42.31B
10-Q filed 2025-05-01
Above the range
The company's words
We expect first quarter 2025 total revenue to be in the range of $39.5-41.8 billion. release 2025-01-29
Total expenses
Fiscal 2024 (ended 2024-12-31)
Given $94.00B to $99.00B release 2024-02-01
Raised $96.00B to $99.00B release 2024-04-24
Kept $96.00B to $99.00B release 2024-07-31
Lowered $96.00B to $98.00B release 2024-10-30
$95.12B
10-K filed 2025-01-30
Below the range
The company's words
We expect full-year 2024 total expenses to be in the range of $94-99 billion, unchanged from our prior outlook. release 2024-02-01
We expect full-year 2024 total expenses to be in the range of $96-99 billion, updated from our prior outlook of $94-99 billion due to higher infrastructure and legal costs. release 2024-04-24
We expect full-year 2024 total expenses to be in the range of $96-99 billion, unchanged from our prior outlook. release 2024-07-31
We expect full-year 2024 total expenses to be in the range of $96-98 billion, updated from our prior range of $96-99 billion. release 2024-10-30
Capital expenditures
Fiscal 2024 (ended 2024-12-31)
Given $30.00B to $37.00B release 2024-02-01
Raised $35.00B to $40.00B release 2024-04-24
Raised $37.00B to $40.00B release 2024-07-31
Raised $38.00B to $40.00B release 2024-10-30
$37.26B
10-K filed 2025-01-30
Below the range
The company's words
We anticipate our full-year 2024 capital expenditures will be in the range of $30-37 billion, a $2 billion increase of the high end of our prior range. release 2024-02-01
We anticipate our full-year 2024 capital expenditures will be in the range of $35-40 billion, increased from our prior range of $30-37 billion as we continue to accelerate our infrastructure investments to support our artificial intelligence (AI) roadmap. release 2024-04-24
We anticipate our full-year 2024 capital expenditures will be in the range of $37-40 billion, updated from our prior range of $35-40 billion. release 2024-07-31
We anticipate our full-year 2024 capital expenditures will be in the range of $38-40 billion, updated from our prior range of $37-40 billion. release 2024-10-30
Revenue
Q4 of fiscal 2024
Given $45.00B to $48.00B release 2024-10-30
$48.38B
10-K filed 2025-01-30
Above the range
The company's words
We expect fourth quarter 2024 total revenue to be in the range of $45-48 billion. release 2024-10-30
Revenue
Q3 of fiscal 2024
Given $38.50B to $41.00B release 2024-07-31
$40.59B
10-Q filed 2024-10-31
Within the range
The company's words
We expect third quarter 2024 total revenue to be in the range of $38.5-41 billion. release 2024-07-31
Revenue
Q2 of fiscal 2024
Given $36.50B to $39.00B release 2024-04-24
$39.07B
10-Q filed 2024-08-01
Above the range
The company's words
We expect second quarter 2024 total revenue to be in the range of $36.5-39 billion. release 2024-04-24
Revenue
Q1 of fiscal 2024
Given $34.50B to $37.00B release 2024-02-01
$36.45B
10-Q filed 2024-04-25
Within the range
The company's words
We expect first quarter 2024 total revenue to be in the range of $34.5-37 billion. release 2024-02-01

Targets are read from the sentences of the EX-99 exhibits of 8-K item 2.02 filings (12 releases since 2024-02-01), without AI; in outlook tables only the first column is read. The result compares the reported number with the last range given before the period was reported. Results come from SEC's XBRL company facts, as first reported. A company's target can use its own definition (META's capital expenditures include finance lease payments, for example), so read the quote.

Work on META in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/META/export.csv") into a cell.