Meta Platforms, Inc. (META) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 109.77B | 108.72B | 73.12B | 73.61B | 90.23B | 100.05B | 91.07B | 76.43B | 75.33B | 85.36B | 78.38B | 69.56B | 52.48B | 59.55B | 58.31B | 55.99B | 59.27B | 66.67B | 75.42B | 80.7B |
| Cash & Short-Term Investments | 81.18B | 81.59B | 44.45B | 47.07B | 70.23B | 77.81B | 70.9B | 58.08B | 58.12B | 65.4B | 61.12B | 53.45B | 37.44B | 40.74B | 41.78B | 40.49B | 43.89B | 48B | 58.08B | 64.08B |
| Cash Only | 23.43B | 35.87B | 10.19B | 12.01B | 28.75B | 43.89B | 43.85B | 32.05B | 32.31B | 41.86B | 36.89B | 28.79B | 11.55B | 14.68B | 14.31B | 12.68B | 14.89B | 16.6B | 14.5B | 16.19B |
| Short-Term Investments | 57.75B | 45.72B | 34.26B | 35.07B | 41.48B | 33.93B | 27.05B | 26.04B | 25.81B | 23.54B | 24.23B | 24.66B | 25.89B | 26.06B | 27.47B | 27.81B | 29B | 31.4B | 43.58B | 47.89B |
| Accounts Receivable | 17.47B | 19.77B | 17.3B | 16.56B | 14.51B | 16.99B | 14.7B | 14.51B | 13.43B | 16.17B | 12.94B | 12.51B | 11.04B | 13.47B | 11.23B | 11.53B | 11.39B | 14.04B | 12.09B | 11.7B |
| Days Sales Outstanding | 29.76 | 28.47 | 30.39 | 29.76 | 33.51 | 30.13 | 33.1 | 32.53 | 36.94 | 33.39 | 34.29 | 33.49 | 38.5 | 35.31 | 37.76 | 36.17 | 41 | 35.69 | 37.72 | 34.39 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 11.12B | 7.36B | 11.37B | 9.98B | 5.48B | 5.24B | 5.47B | 3.85B | 3.78B | 3.79B | 4.31B | 3.6B | 4B | 5.34B | 232M | 228M | 294M | 149M | 195M | 201M |
| Total Non-Current Assets | 285.49B | 257.3B | 230.73B | 221.13B | 189.99B | 176.01B | 165.34B | 153.81B | 147.51B | 144.26B | 137.9B | 137.13B | 132.01B | 126.18B | 120.58B | 113.79B | 104.95B | 99.32B | 94.16B | 89.91B |
| Property, Plant & Equipment | 218.04B | 196.8B | 177.64B | 162.7B | 149.07B | 136.27B | 126.97B | 117.02B | 112.46B | 109.88B | 104.81B | 100.9B | 97.06B | 92.19B | 87.38B | 81.72B | 73.82B | 69.96B | 64.79B | 61.43B |
| Fixed Asset Turnover | 0.27x | 0.32x | 0.30x | 0.30x | 0.30x | 0.37x | 0.33x | 0.34x | 0.33x | 0.37x | 0.33x | 0.32x | 0.30x | 0.36x | 0.33x | 0.37x | 0.39x | 0.50x | 0.46x | 0.49x |
| Goodwill | 24.75B | 24.53B | 21.16B | 20.65B | 20.65B | 20.65B | 20.65B | 20.65B | 20.65B | 20.65B | 20.67B | 20.66B | 20.65B | 20.31B | 20.27B | 20.23B | 19.92B | 19.2B | 19.07B | 19.22B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 915M | 973M | 984M | 829M | 788M | 813M | 856M | 949M | 897M | 875M | 965M | 910M | 634M | 365M | 514M |
| Long-Term Investments | 28.41B | 27.52B | 25.07B | 21.99B | 6.17B | 6.07B | 6.07B | 6.21B | 6.22B | 6.14B | 6.14B | 6.21B | 6.17B | 6.2B | 6.53B | 6.54B | 6.78B | 6.78B | 6.76B | 6.39B |
| Other Non-Current Assets | 14.28B | 8.44B | 6.85B | 15.79B | 14.09B | 12.1B | 10.67B | 8.95B | 7.35B | 6.79B | 5.47B | 8.5B | 7.19B | 6.58B | 5.53B | 4.34B | 3.52B | 2.75B | 3.19B | 2.35B |
| Total Assets | 395.25B | 366.02B | 303.84B | 294.74B | 280.21B | 276.05B | 256.41B | 230.24B | 222.84B | 229.62B | 216.27B | 206.69B | 184.49B | 185.73B | 178.89B | 169.78B | 164.22B | 165.99B | 169.59B | 170.61B |
| Asset Turnover | 0.15x | 0.18x | 0.17x | 0.17x | 0.15x | 0.18x | 0.17x | 0.17x | 0.16x | 0.18x | 0.16x | 0.16x | 0.15x | 0.18x | 0.16x | 0.17x | 0.17x | 0.20x | 0.17x | 0.17x |
| Asset Growth % | 41.05% | 32.59% | 18.5% | 28.02% | 25.74% | 20.22% | 18.56% | 11.39% | 20.79% | 23.63% | 20.9% | 21.74% | 12.35% | 11.89% | 5.49% | -0.49% | 0.43% | 4.19% | 15.81% | 22.13% |
| Total Current Liabilities | 46.75B | 41.84B | 36.96B | 37.3B | 33.89B | 33.6B | 33.33B | 27B | 28.1B | 31.96B | 30.53B | 29.92B | 25.38B | 27.03B | 22.69B | 22.22B | 21.09B | 21.14B | 17.81B | 14.87B |
| Accounts Payable | 13.33B | 8.89B | 7.8B | 10.27B | 8.51B | 7.69B | 7.66B | 3.17B | 3.79B | 4.85B | 4.37B | 3.09B | 3.67B | 4.99B | 3.87B | 4.01B | 3.25B | 4.08B | 2.19B | 973M |
| Days Payables Outstanding | 97.86 | 70.4 | 90.29 | 100.65 | 96.27 | 79.85 | 67.54 | 43.32 | 59.16 | 55.12 | 55.3 | 51.78 | 63.82 | 48.9 | 63.41 | 63.57 | 54.92 | 45.49 | 25.25 | 15.6 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 514M | 532M | 520M | 561M | 464M | 391M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 12.42B | 11.16B | 9.89B | 8.24B | 13.03B | 9.9B | 9.06B | 7.72B | 9.5B | 0 | 0 | 0 | 8.41B | 0 | 0 |
| Current Ratio | 2.35x | 2.60x | 1.98x | 1.97x | 2.66x | 2.98x | 2.73x | 2.83x | 2.68x | 2.67x | 2.57x | 2.32x | 2.07x | 2.20x | 2.57x | 2.52x | 2.81x | 3.15x | 4.23x | 5.43x |
| Quick Ratio | 2.35x | 2.60x | 1.98x | 1.97x | 2.66x | 2.98x | 2.73x | 2.83x | 2.68x | 2.67x | 2.57x | 2.32x | 2.07x | 2.20x | 2.57x | 2.52x | 2.81x | 3.15x | 4.23x | 5.43x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 104.82B | 106.94B | 72.82B | 62.37B | 61.29B | 59.82B | 58.55B | 46.47B | 45.21B | 44.49B | 42.87B | 42.73B | 34.31B | 32.99B | 32.11B | 21.8B | 19.9B | 19.97B | 18.41B | 17.51B |
| Long-Term Debt | 58.75B | 58.74B | 28.83B | 28.83B | 28.83B | 28.83B | 28.82B | 18.39B | 18.39B | 18.39B | 18.38B | 18.38B | 9.93B | 9.92B | 9.92B | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 25.61B | 22.94B | 20.11B | 18.75B | 18.71B | 18.29B | 18.21B | 17.68B | 17.57B | 17.23B | 16.37B | 16.44B | 16.17B | 15.3B | 14.69B | 14.79B | 12.89B | 12.75B | 11.55B | 10.96B |
| Deferred Tax Liabilities | 16.85B | 21B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.95B | 6.27B | 6.01B | 5.72B | 5.49B | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.61B | 4.25B | 23.87B | 14.79B | 13.75B | 12.7B | 11.52B | 10.4B | 9.26B | 8.88B | 8.11B | 7.91B | 8.22B | 7.76B | 7.5B | 7B | 7.01B | 7.23B | 6.86B | 6.55B |
| Total Liabilities | 151.57B | 148.78B | 109.78B | 99.67B | 95.18B | 93.42B | 91.88B | 73.47B | 73.31B | 76.45B | 73.4B | 72.66B | 59.7B | 60.01B | 54.8B | 44.01B | 40.99B | 41.11B | 36.23B | 32.38B |
| Total Debt | 86.77B | 83.9B | 51.06B | 49.56B | 49.52B | 49.06B | 49.05B | 37.99B | 37.63B | 37.23B | 36.22B | 36.22B | 27.57B | 26.59B | 25.9B | 16.07B | 14.05B | 13.87B | 12.64B | 12.01B |
| Net Debt | 63.34B | 48.02B | 40.87B | 37.55B | 20.77B | 5.17B | 5.2B | 5.95B | 5.33B | -4.63B | -673M | 7.43B | 16.02B | 11.91B | 11.59B | 3.39B | -833M | -2.73B | -1.86B | -4.18B |
| Debt / Equity | 0.36x | 0.39x | 0.26x | 0.25x | 0.27x | 0.27x | 0.30x | 0.24x | 0.25x | 0.24x | 0.25x | 0.27x | 0.22x | 0.21x | 0.21x | 0.13x | 0.11x | 0.11x | 0.09x | 0.09x |
| Debt / EBITDA | 3.01x | 2.78x | 2.00x | 2.00x | 2.31x | 1.76x | 2.29x | 2.06x | 2.19x | 1.90x | 2.18x | 3.01x | 2.83x | 3.03x | 3.30x | 1.55x | 1.32x | 0.95x | 1.02x | 0.84x |
| Net Debt / EBITDA | 2.19x | 1.59x | 1.60x | 1.52x | 0.97x | 0.19x | 0.24x | 0.32x | 0.31x | -0.24x | -0.04x | 0.62x | 1.64x | 1.36x | 1.48x | 0.33x | -0.08x | -0.19x | -0.15x | -0.29x |
| Interest Coverage | - | 36.81x | 96.43x | 86.20x | 77.59x | 94.83x | 86.68x | 119.02x | 112.68x | 124.58x | 101.86x | 81.11x | 133.85x | 58.17x | 86.78x | 1638.20x | 1782.60x | - | - | - |
| Total Equity | 243.68B | 217.24B | 194.07B | 195.07B | 185.03B | 182.64B | 164.53B | 156.76B | 149.53B | 153.17B | 142.87B | 134.03B | 124.8B | 125.71B | 124.09B | 125.77B | 123.23B | 124.88B | 133.36B | 138.23B |
| Equity Growth % | 31.7% | 18.95% | 17.95% | 24.44% | 23.74% | 19.24% | 15.16% | 16.96% | 19.82% | 21.84% | 15.13% | 6.57% | 1.27% | 0.67% | -6.95% | -9.01% | -7.8% | -2.66% | 13.28% | 25.15% |
| Book Value per Share | 95.04 | 84.40 | 75.45 | 75.90 | 71.44 | 69.87 | 63.28 | 60.06 | 56.96 | 58.24 | 54.10 | 51.31 | 48.07 | 47.62 | 46.18 | 46.36 | 44.94 | 44.62 | 46.65 | 48.01 |
| Total Shareholders' Equity | 243.68B | 217.24B | 194.07B | 195.07B | 185.03B | 182.64B | 164.53B | 156.76B | 149.53B | 153.17B | 142.87B | 134.03B | 124.8B | 125.71B | 124.09B | 125.77B | 123.23B | 124.88B | 133.36B | 138.23B |
| Common Stock | 99.34B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 144.65B | 121.18B | 101.58B | 106.34B | 101.33B | 102.51B | 84.97B | 81.19B | 76.79B | 82.07B | 75.2B | 67.98B | 61.24B | 64.8B | 67.06B | 69.25B | 67.71B | 69.76B | 79.23B | 85.1B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -303M | 271M | 159M | 229M | -1.86B | -3.1B | -1.19B | -2.69B | -2.65B | -2.15B | -3.56B | -3.11B | -2.98B | -3.53B | -5.05B | -3.41B | -2B | -693M | -207M | 285M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |