What is Meta Platforms, Inc.'s purchase obligation?

Meta Platforms, Inc. (META) reported purchase obligation of $237.67B in Q1 2026.

How has Meta Platforms, Inc.'s purchase obligation changed year-over-year?

Meta Platforms, Inc.'s purchase obligation increased by 690.9% year-over-year, from $30.05B to $237.67B.

Meta Platforms, Inc. META Purchase Obligation

Purchase Obligation at other companies

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$353.44M+162%

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$375.26M+123%

Howmet AerospaceHWM

$0—

Vulcan Materials CompanyVMC

$22.2M-24.5%

Credo Technology Group Holding LtdCRDO

$906K-0.7%

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$0—

Other financials

Income statement

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Revenue$56.3B+33.1%

Gross profit$46.1B+32.7%

Operating income$22.9B+30.3%

Net income$26.8B+60.9%

EPS (diluted)$10.44+62.4%

Balance sheet

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Cash & equivalents$31.1B+3.4%

Total debt$86.8B+75.2%

Total equity$243.68B+31.7%

Total assets$395.25B+41.1%

Cash flow

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Operating cash flow$32.2B+34.1%

CapEx$19.0B+46.8%

Free cash flow$13.2B+19.3%

Valuation

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Market cap$1.47T-0.9%

Enterprise value$1.52T+1.6%

P/E20.8×-1.4×

P/S6.8×-1.9×

Profitability

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Gross margin81.9%+0.2pp

Operating margin41.2%-1.7pp

Net margin32.8%-6.3pp

FCF margin22.4%-8.3pp

Returns & leverage

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Return on equity32.9%-6.9pp

Debt / equity0.4×+0.1×

Current ratio2.3×-0.3×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ContractualObligation.

The official record: Meta Platforms, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meta Platforms, Inc.'s purchase obligation?: Meta Platforms, Inc. (META) reported purchase obligation of $237.67B in Q1 2026.
How has Meta Platforms, Inc.'s purchase obligation changed year-over-year?: Meta Platforms, Inc.'s purchase obligation increased by 690.9% year-over-year, from $30.05B to $237.67B.