Meta debt and dilution98

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$83,664M

Cash & equivalents

USD millions

$15,462M

Net debt

USD millions

$68,202M

Debt / equity

0.32×

Debt / assets

18.59%

Net debt / EBITDA

× · TTM

0.62×

Debt / FCF

× · TTM

2.04×

Interest coverage

× · TTM

—

Current ratio

2.23×

Diluted shares

Million shares

2,566M shares

Basic shares

Million shares

2,543M shares

Share count growth

0.99%

Share repurchases

USD millions

$0M

Quarterly data

Meta capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	83,664	15,462	68,202	0.32×	18.59%	0.62×	2.04×	—	2.23×	2,566	2,543	0.99%	0
FY 2026 Q1	Mar 31, 2026	58,748	23,426	35,322	0.24×	14.86%	0.32×	1.22×	—	2.35×	2,564	2,534	0.28%	0
FY 2025 Q4	Dec 31, 2025	58,744	35,873	22,871	0.27×	16.05%	0.22×	1.27×	71.48×	2.6×	2,562.13	2,523.97	-0.16%	0
FY 2025 Q3	Sep 30, 2025	28,834	10,187	18,647	0.15×	9.49%	0.19×	0.64×	—	1.98×	2,572	2,517	-0.47%	3,327
FY 2025 Q2	Jun 30, 2025	28,832	12,005	16,827	0.15×	9.78%	0.18×	0.58×	—	1.97×	2,570	2,518	-0.63%	10,167
FY 2025 Q1	Mar 31, 2025	28,829	28,750	79	0.16×	10.29%	0×	0.55×	—	2.66×	2,590	2,527	-0.71%	12,754
FY 2024 Q4	Dec 31, 2024	28,826	43,889	-15,063	0.16×	10.44%	-0.18×	0.53×	97.03×	2.98×	2,611.02	2,528.04	-1.44%	0
FY 2024 Q3	Sep 30, 2024	28,823	43,852	-15,029	0.18×	11.24%	-0.2×	0.55×	—	2.73×	2,600	2,529	-1.82%	8,818
FY 2024 Q2	Jun 30, 2024	18,389	32,045	-13,656	0.12×	7.99%	-0.19×	0.37×	—	2.83×	2,610	2,534	-1.32%	6,299
FY 2024 Q1	Mar 31, 2024	18,387	32,307	-13,920	0.12×	8.25%	-0.21×	0.37×	—	2.68×	2,625	2,545	-1.62%	15,008
FY 2023 Q4	Dec 31, 2023	18,385	41,862	-23,477	0.12×	8.01%	-0.41×	0.42×	104.82×	2.67×	2,646.8	2,565.1	-2.82%	5,942
FY 2023 Q3	Sep 30, 2023	18,383	36,890	-18,507	0.13×	8.5%	-0.39×	0.49×	—	2.57×	2,641	2,576	-3.95%	3,569
FY 2023 Q2	Jun 30, 2023	18,382	28,785	-10,403	0.14×	8.89%	-0.27×	0.76×	—	2.32×	2,612	2,568	-5.03%	898
FY 2023 Q1	Mar 31, 2023	9,925	11,551	-1,626	0.08×	5.38%	-0.04×	0.57×	—	2.07×	2,596	2,587	-5.06%	9,365
FY 2022 Q4	Dec 31, 2022	9,923	14,681	-4,758	0.08×	5.34%	-0.13×	0.52×	156.45×	2.2×	2,654.52	2,639.52	-4.52%	6,863
FY 2022 Q3	Sep 30, 2022	9,922	14,308	-4,386	0.08×	5.55%	-0.1×	0.38×	—	2.57×	2,687	2,682	-4.69%	6,354
FY 2022 Q2	Jun 30, 2022	—	12,681	—	—	—	—	—	—	2.52×	2,713	2,704	-4.59%	5,233
FY 2022 Q1	Mar 31, 2022	—	14,886	—	—	—	—	—	—	2.81×	2,742	2,725	-4.29%	9,506
FY 2021 Q4	Dec 31, 2021	—	16,601	—	—	—	—	—	2,032.74×	3.15×	2,808.55	2,764.55	-3.13%	20,061
FY 2021 Q3	Sep 30, 2021	—	14,496	—	—	—	—	—	—	4.23×	2,859	2,814	-1.26%	13,458
FY 2021 Q2	Jun 30, 2021	—	16,186	—	—	—	—	—	—	5.43×	2,877	2,834	-0.56%	7,079
FY 2021 Q1	Mar 31, 2021	—	19,513	—	—	—	—	—	—	6.08×	2,882	2,847	-0.14%	3,939
FY 2020 Q4	Dec 31, 2020	—	17,576	—	—	—	—	—	—	5.05×	2,902.89	2,853.98	0.1%	1,929
FY 2020 Q3	Sep 30, 2020	—	11,617	—	—	—	—	—	—	5.51×	2,891	2,850	-0.14%	1,725
FY 2020 Q2	Jun 30, 2020	—	21,045	—	—	—	—	—	—	6.02×	2,879	2,850	-0.18%	1,368
FY 2020 Q1	Mar 31, 2020	—	23,618	—	—	—	—	—	—	4.6×	2,868	2,851	-0.18%	1,250
FY 2019 Q4	Dec 31, 2019	—	19,079	—	—	—	—	—	1,199.3×	4.4×	2,878.97	2,851.03	-0.84%	1,296
FY 2019 Q3	Sep 30, 2019	—	15,979	—	—	—	—	—	—	4.66×	2,874	2,854	-1.07%	1,148
FY 2019 Q2	Jun 30, 2019	—	13,877	—	—	—	—	—	—	4.47×	2,875	2,855	-1.38%	1,145
FY 2019 Q1	Mar 31, 2019	—	11,076	—	—	—	—	—	—	5.38×	2,869	2,856	-1.72%	613
FY 2018 Q4	Dec 31, 2018	—	10,019	—	—	—	—	—	2,768.11×	7.19×	2,891.33	2,875.16	-1.19%	3,500
FY 2018 Q3	Sep 30, 2018	—	9,637	—	—	—	—	—	—	9×	2,913	2,885	-0.65%	4,256
FY 2018 Q2	Jun 30, 2018	—	11,552	—	—	—	—	—	—	10.67×	2,930	2,895	-0.17%	3,349
FY 2018 Q1	Mar 31, 2018	—	12,082	—	—	—	—	—	—	9.91×	2,945	2,906	0.52%	1,774
FY 2017 Q4	Dec 31, 2017	—	8,079	—	—	—	—	—	3,367.17×	12.92×	2,961.93	2,909.9	1.01%	958
FY 2017 Q3	Sep 30, 2017	—	7,201	—	—	—	—	—	—	13.37×	2,956	2,904	1.15%	640
FY 2017 Q2	Jun 30, 2017	—	6,252	—	—	—	—	—	—	12.31×	2,951	2,900	1.54%	150
FY 2017 Q1	Mar 31, 2017	—	7,104	—	—	—	—	—	—	12.61×	2,944	2,891	1.69%	228
FY 2016 Q4	Dec 31, 2016	—	8,903	—	—	—	—	—	1,242.7×	11.97×	2,993.5	2,880.87	2.02%	0
FY 2016 Q3	Sep 30, 2016	—	6,038	—	—	—	—	—	—	11.69×	2,915	2,871	2.24%	0
FY 2016 Q2	Jun 30, 2016	—	5,108	—	—	—	—	—	—	12.22×	2,904	2,856	2.15%	0
FY 2016 Q1	Mar 31, 2016	—	6,456	—	—	—	—	—	—	13.16×	2,888	2,843	2.12%	0
FY 2015 Q4	Dec 31, 2015	—	4,907	—	—	—	—	—	270.65×	11.25×	2,867.84	2,823.77	2.33%	—
FY 2015 Q3	Sep 30, 2015	—	4,308	—	—	—	—	—	—	10.68×	2,863	2,808	8.54%	—
FY 2015 Q2	Jun 30, 2015	—	5,123	—	—	—	—	—	—	9.01×	2,850	2,796	9.22%	—
FY 2015 Q1	Mar 31, 2015	—	3,419	—	—	—	—	—	—	8.59×	2,836	2,784	9.39%	—
FY 2014 Q4	Dec 31, 2014	—	4,315	—	—	—	—	—	217.13×	9.6×	2,806.43	2,759.4	12.37%	—
FY 2014 Q3	Sep 30, 2014	—	8,999	—	—	—	—	—	—	13.06×	2,644	2,587	6.46%	—
FY 2014 Q2	Jun 30, 2014	—	4,384	—	—	—	—	—	—	12.81×	2,615	2,560	6.36%	—
FY 2014 Q1	Mar 31, 2014	—	2,998	—	—	—	—	—	—	13.56×	2,609	2,545	6.66%	—
FY 2013 Q4	Dec 31, 2013	—	3,323	—	—	—	—	—	50.07×	11.88×	2,555.58	2,455.61	3.64%	—
FY 2013 Q3	Sep 30, 2013	—	3,100	—	—	—	—	—	33.24×	10.72×	2,528	2,430	0.41%	—
FY 2013 Q2	Jun 30, 2013	—	3,001	—	—	—	—	—	32.77×	10.58×	2,502	2,407	28.1%	—
FY 2013 Q1	Mar 31, 2013	—	2,325	—	—	—	—	—	10.19×	10.39×	2,499	2,386	—	—
FY 2012 Q4	Dec 31, 2012	—	2,384	—	—	—	—	—	10.55×	10.71×	3,005.87	2,369.35	—	—
FY 2012 Q3	Sep 30, 2012	—	2,478	—	—	—	—	—	—	11.38×	2,420	2,420	—	—
FY 2012 Q2	Jun 30, 2012	—	2,098	—	—	—	—	—	—	11.57×	1,879	1,879	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · META, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.

SEC company facts · CIK 1326801