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Meta Platforms, Inc. META Other Contractual Commitments - Remainder of Fiscal Year 2024

Other Contractual Commitments - Remainder of Fiscal Year 2024 at other companies

MGN
MagniteMGNI
$62.46M+18.2%

Other financials

Income statement

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Revenue$60.8B+28.0%
Gross profit$49.5B+26.8%
Operating income$18.8B-8.2%
Net income$15.8B-13.6%
EPS (diluted)$6.18-13.4%

Balance sheet

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Cash & equivalents$15.5B+11.8%
Total debt$83.7B+68.8%
Total equity$261.22B+33.9%
Total assets$449.96B+52.7%

Cash flow

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Operating cash flow$31.9B+24.7%
CapEx$30.1B+82.1%
Free cash flow$1.7B-80.6%

Valuation

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Market cap$1.51T-21.6%
Enterprise value$1.61T-19.6%
P/E22.2×-4.8×
P/S6.6×-4.2×

Profitability

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Gross margin81.7%-0.2pp
Operating margin38.1%-5.9pp
Net margin29.8%-10.2pp
FCF margin18%-10.1pp

Returns & leverage

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Return on equity29.8%-10.8pp
Debt / equity0.3×+0.1×
Current ratio2.2×+0.3×

Where this comes from

Reported directly by Meta Platforms, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear.

The source filing: Meta Platforms, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 7:54 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028526

As of March 31, 2026, we had $237.67 billion of non-cancelable contractual commitments, comprising both short-term and long-term arrangements. These commitments are mostly related to third-party cloud capacity arrangements and continued investments in servers and network infrastructure, data centers, and consumer hardware products in Reality Labs, with approximately $42.25 billion and $47.65 billion due in 2026 and 2027, respectively. In addition, as of March 31, 2026, we have contingent obligations to purchase up to $14.72 billion of cloud capacity over a five-year period, which may be reduced if the cloud service provider is able to sell such capacity to other customers. In April 2026, we entered into additional multi-year infrastructure contracts, related to which our non-cancelable contractual commitments increased by approximately $24 billion.

Item 1. Financial Statements (unaudited)

FAQ

What is Meta Platforms, Inc.'s other contractual commitments - remainder of fiscal year 2024?
Meta Platforms, Inc. (META) reported other contractual commitments - remainder of fiscal year 2024 of $42.25B in Q1 2026.
How has Meta Platforms, Inc.'s other contractual commitments - remainder of fiscal year 2024 changed year-over-year?
Meta Platforms, Inc.'s other contractual commitments - remainder of fiscal year 2024 increased by 80.5% year-over-year, from $23.41B to $42.25B.

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