Meta Platforms

NASDAQ: META

Revenue

$228.25B

+27.7% YoY

Gross margin

81.7%

−20 bps YoY

Daily active users across Meta apps

3.6B

+3.4% YoY

Free Cash Flow to Firm

$10.86B

−70.3% YoY

Last twelve months to June 30, 2026

Business overview

Meta builds technology that helps people connect, share and grow businesses.

Nearly all revenue comes from selling advertising placements across its apps.

AI supports content recommendations and better ad delivery, targeting and measurement.

Losing advertisers or a cut in their spending could seriously hurt the business.