Meta Platforms (META)
Communication Services · Social media and digital advertising
Meta owns the world's largest social networks (Facebook, Instagram, WhatsApp) and is aggressively investing in AI and augmented/virtual reality to build the next computing platform.
What Meta Platforms does
Meta operates a family of social media and messaging apps—primarily Facebook, Instagram, WhatsApp, and Messenger—that collectively serve 3.56 billion daily active people and generate substantially all revenue through advertising. The company is also investing heavily in artificial intelligence technologies, virtual reality headsets (Meta Quest), and AI glasses (Ray-Ban Meta, Oakley Meta) as part of its long-term vision to build immersive, next-generation computing platforms and achieve superintelligence.
Themes: ["social media","digital advertising","artificial intelligence / superintelligence","augmented reality","virtual reality","metaverse","messaging platforms","AI glasses","generative AI","content creation and discovery"]
Fundamentals
- Price$631.48 as of 2026-07-09 close
- Market cap$1.53T as of 2026-07-10
- 1-year return-13.8% as of 2026-07-09 close
- P/E21.69 as of 2026-07-10
- Net margin+32.8% as of 2026-07-10
- Gross margin+81.9% as of 2026-07-10
- ROE+33.2% as of 2026-07-10
- Debt / equity0.24 as of 2026-07-10
- Revenue growth (YoY)+26.2% as of 2026-07-10
- Revenue CAGR (3y)+19.9% SEC XBRL
- Beta1.24 as of 2026-07-10
Dividend: yield +0.3%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Substantially all revenue is generated from advertising on Facebook and Instagram; loss of advertiser spending or competitive pressure on pricing could materially harm revenue and profitability.","Reality Labs operations are unprofitable and capital-intensive; the company may not achieve commercial viability or market adoption for VR/AR products within its expected timeframes or at anticipated scale.","Heavy ongoing capital expenditures for infrastructure and AI model development ($19.84 billion in Q1 2026 alone) may not generate sufficient returns and could constrain profitability and cash flow."]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.