Meta Platforms, Inc.
Meta Platforms, Inc. is a global technology company focused on building the next generation of computing platforms centered on the metaverse and immersive experiences. The company develops and operates an ecosystem of social media applications and hardware that enable people to connect, share, and build communities. Its core value proposition lies in its massive global user base and sophisticated AI-driven advertising platform that allows marketers to reach highly targeted audiences.
Financials
Based on Q1 2026 filing
Revenue
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Family of Apps (FoA)
primaryThis segment includes the company's core social media and messaging platforms. It generates substantially all of company revenue through the sale of advertising placements to marketers across its various applications and third-party websites.
Facebook, Instagram, Messenger, Threads, WhatsApp, WhatsApp Channels
Individual consumers, Small and medium businesses, Global brands, Advertising agencies, Content creators
Reality Labs (RL)
minorThis segment focuses on augmented, mixed, and virtual reality technologies. It encompasses research and development for the next computing platform, including consumer hardware, software, and digital content.
Meta Quest, Meta Horizon Store, Ray-Ban Meta AI glasses, Orion (prototype)
Gamers, Fitness enthusiasts, Enterprise users, Early technology adopters, Software developers
Segment Financials
Family of Apps — Labor and Related Expense
View metricReality Labs — Labor and Related Expense
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Competitive Position
Meta holds a dominant position in the global social media and digital advertising markets while aggressively investing to lead the transition toward spatial computing and generative AI.
Geographies
Global, United States, Europe, Asia-Pacific
Customer Segments
B2C, B2B, SMB, Enterprise
Upstream Dependencies
Semiconductor manufacturers, Data center infrastructure providers, Power and utility companies, Network capacity providers, Consumer electronics components suppliers
Downstream Customers
Digital marketers, Retail consumers, Application developers, Content creators, Enterprise businesses
Competitors & Partners
Competitors
Apple
AAPL
Competes in hardware, AR/VR headsets, and mobile operating systems
Alphabet Inc.
GOOG
Competitor in digital advertising and AI
Amazon
AMZN
Competes for digital advertising budgets
Alphabet Inc.
GOOGL
Competes in digital advertising and AI development
Applovin Corporation
APP
Competitor in digital and mobile advertising
RDDT
Direct competitor in social media and digital advertising
Snap
SNAP
Competes in social communication and AR features
Roblox
RBLX
Developer of Horizon Worlds and social VR
Zoom Video Communications, Inc.
ZM
Consumer-facing platforms for SMBs
VeriSign
VRSN
Alternative online identity platforms
Meta Platforms, Inc. FAQ
Common questions about Meta Platforms, Inc.
Meta Platforms, Inc. is a global technology company focused on building the next generation of computing platforms centered on the metaverse and immersive experiences. The company develops and operates an ecosystem of social media applications and hardware that enable people to connect, share, and build communities. Its core value proposition lies in its massive global user base and sophisticated AI-driven advertising platform that allows marketers to reach highly targeted audiences.
Meta Platforms, Inc. (META) has a market capitalization of $1.54T and trades on NASDAQ.
Meta Platforms, Inc. generated $214.96B in trailing twelve-month revenue with net income of $70.6B, representing a net margin of 32.8%. Gross margin stands at 81.9%, with free cash flow of $48.3B. These figures are based on the Q1 2026 filing.
Meta Platforms, Inc.'s key competitors include Apple Inc., Alphabet Inc. Class C Capital Stock, Amazon, and others. These companies compete in similar markets and product categories.
Meta Platforms, Inc. has approximately 69,329 employees.