Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Meta Platforms Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Accounts payable	15,889)	13,326)	8,894)	7,798)	10,271)	8,512)	7,687)	7,656)	3,173)	3,785)	4,849)	4,372)	3,093)	3,672)	4,990)	3,871)	4,008)	3,246)	4,083)	2,195)	973)	878)
Operating lease liabilities, current	2,425)	2,414)	2,213)	2,113)	1,977)	1,976)	1,942)	2,016)	1,917)	1,676)	1,623)	1,460)	1,396)	1,479)	1,367)	1,291)	1,275)	1,159)	1,127)	1,086)	1,051)	1,040)
Accrued expenses and other current liabilities	38,065)	31,013)	30,729)	27,047)	25,057)	23,402)	23,967)	23,658)	21,914)	22,640)	25,488)	24,699)	25,432)	20,230)	20,669)	17,525)	16,934)	16,681)	15,925)	14,531)	12,850)	10,799)
Current liabilities	56,379)	46,753)	41,836)	36,958)	37,305)	33,890)	33,596)	33,330)	27,004)	28,101)	31,960)	30,531)	29,921)	25,381)	27,026)	22,687)	22,217)	21,086)	21,135)	17,812)	14,874)	12,717)
Operating lease liabilities, non-current	26,229)	25,607)	22,940)	20,113)	18,751)	18,714)	18,292)	18,208)	17,685)	17,570)	17,226)	16,374)	16,440)	16,171)	15,301)	14,687)	14,792)	12,894)	12,746)	11,554)	10,956)	10,574)
Long-term debt	83,664)	58,748)	58,744)	28,834)	28,832)	28,829)	28,826)	28,823)	18,389)	18,387)	18,385)	18,383)	18,382)	9,925)	9,923)	9,922)	—)	—)	—)	—)	—)	—)
Long-term income taxes	18,326)	16,849)	21,005)	11,738)	12,046)	10,991)	9,987)	9,171)	7,897)	7,795)	7,514)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other liabilities	4,137)	3,612)	4,253)	12,135)	2,740)	2,760)	2,716)	2,347)	2,500)	1,462)	1,370)	8,113)	7,912)	8,219)	7,764)	7,504)	7,003)	7,010)	7,227)	6,859)	6,552)	6,575)
Non-current liabilities	132,356)	104,816)	106,942)	72,820)	62,369)	61,294)	59,821)	58,549)	46,471)	45,214)	44,495)	42,870)	42,734)	34,315)	32,988)	32,113)	21,795)	19,904)	19,973)	18,413)	17,508)	17,149)
Total liabilities	188,735)	151,569)	148,778)	109,778)	99,674)	95,184)	93,417)	91,879)	73,475)	73,315)	76,455)	73,401)	72,655)	59,696)	60,014)	54,800)	44,012)	40,990)	41,108)	36,225)	32,382)	29,866)
Common stock and additional paid-in capital, $0.000006 par value	103,981)	99,337)	95,793)	92,330)	88,496)	85,568)	83,228)	80,749)	78,270)	75,391)	73,253)	71,224)	69,159)	66,535)	64,444)	62,092)	59,929)	57,512)	55,811)	54,334)	52,845)	51,160)
Accumulated other comprehensive income (loss)	(603)	(303)	271)	159)	229)	(1,865)	(3,097)	(1,192)	(2,695)	(2,655)	(2,155)	(3,556)	(3,106)	(2,981)	(3,530)	(5,054)	(3,411)	(1,996)	(693)	(207)	285)	154)
Retained earnings	157,843)	144,647)	121,179)	101,577)	106,345)	101,326)	102,506)	84,972)	81,188)	76,793)	82,070)	75,205)	67,980)	61,241)	64,799)	67,056)	69,249)	67,712)	69,761)	79,233)	85,097)	82,343)
Stockholders’ equity	261,221)	243,681)	217,243)	194,066)	195,070)	185,029)	182,637)	164,529)	156,763)	149,529)	153,168)	142,873)	134,033)	124,795)	125,713)	124,094)	125,767)	123,228)	124,879)	133,360)	138,227)	133,657)
Total liabilities and stockholders’ equity	449,956)	395,250)	366,021)	303,844)	294,744)	280,213)	276,054)	256,408)	230,238)	222,844)	229,623)	216,274)	206,688)	184,491)	185,727)	178,894)	169,779)	164,218)	165,987)	169,585)	170,609)	163,523)

The balance sheet demonstrates a significant expansion in total capital and a strategic shift in the financing structure. Total liabilities and stockholders' equity grew from $163.5 billion in March 2021 to $449.9 billion by June 2026, reflecting a substantial increase in the overall financial scale of the organization.

Long-Term Debt and Leverage Trends: A marked transition in the debt profile is observed. Prior to September 2022, long-term debt was not present in the recorded figures. Following its introduction, debt levels increased incrementally before accelerating sharply, reaching $83.6 billion by June 2026. This trajectory indicates a shift from a zero-debt position to a leveraged capital structure.
Current Liability Dynamics: Current liabilities exhibit a consistent upward trajectory, rising from $12.7 billion in March 2021 to $56.3 billion by June 2026. The primary driver of this increase is the growth in accrued expenses and other current liabilities, which climbed from $10.8 billion to $38.0 billion. Accounts payable also showed significant growth and volatility, ending the period at $15.8 billion.
Equity and Retained Earnings Growth: Stockholders' equity increased steadily from $133.6 billion in March 2021 to $261.2 billion by June 2026. Retained earnings experienced fluctuations between 2021 and 2023 but subsequently entered a period of strong growth, reaching $157.8 billion by June 2026. This suggests a period of sustained profitability and capital accumulation.
Non-Current Liability Expansion: Non-current liabilities surged from $17.1 billion in March 2021 to $132.3 billion by June 2026. In addition to the increase in long-term debt, operating lease liabilities for non-current obligations grew from $10.5 billion to $26.2 billion. Furthermore, long-term income taxes rose from an unrecorded amount to $18.3 billion, indicating an increase in deferred tax obligations.
Overall Capital Structure Shift: The ratio of liabilities to equity has shifted over the analyzed period. In March 2021, liabilities represented approximately 22% of the total capital structure. By June 2026, total liabilities grew to $188.7 billion, representing approximately 42% of the total liabilities and stockholders' equity, confirming a trend toward higher financial leverage.

AI Ask an analyst for more

Download chart

Meta Platforms Inc. (NASDAQ:META)

Balance Sheet: Liabilities and Stockholders’ EquityQuarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data