Meta

Menlo Park-based company, formerly Facebook, that runs Facebook, Instagram, WhatsApp and Messenger and develops the Llama AI models. Listed on Nasdaq, it reported 2025 revenue of $201 billion.

Industry: Social media, messaging and AI | Location: Menlo Park, United States | Founded: 2004

About Meta

Meta Platforms is a US technology company headquartered in Menlo Park, California. It operates Facebook, Instagram, Messenger, WhatsApp and Threads, builds the Meta AI assistant and the Llama family of language models, and makes augmented and virtual reality hardware through its Reality Labs segment. Its shares trade on Nasdaq under the ticker META. Mark Zuckerberg is founder, chairman and chief executive.

Facebook launched in 2004. The company agreed to buy Instagram in April 2012 for about $1 billion in cash and shares and announced in February 2014 that it would buy WhatsApp for about $16 billion in cash and stock, plus $3 billion in restricted stock units for WhatsApp's founders and employees. On 28 October 2021 the company changed its name from Facebook to Meta. The executive page lists Dina Powell McCormick as president and vice chairman, Susan Li as chief financial officer, Javier Olivan as chief operating officer, Andrew Bosworth as chief technology officer and Alexandr Wang as chief AI officer.

In the Middle East and North Africa, Meta launched Meta AI in February 2025, a gradual rollout inside Facebook, Instagram and WhatsApp with support for Arabic, built on Llama 3.2. Arab News named Saudi Arabia, the UAE, Egypt, Jordan and Iraq as the first markets, and Fares Akkad, Meta's regional director, announced it. In July 2025 Meta acquired PlayAI, a voice AI company founded in Cairo, and moved its team into its AI division; terms were not disclosed.

For 2025 Meta's investor release reported revenue of $200.97 billion and net income of $60.46 billion, with 78,865 employees at the end of the year. Reality Labs had 2025 revenue of $2.21 billion and an operating loss of $19.19 billion, and Meta spent $72.22 billion on capital expenditure.

In the second quarter of 2026 Meta reported revenue of $60.80 billion, up 28 percent, and net income of $15.85 billion. An average of 3.60 billion people used at least one of its apps each day in June 2026. Headcount was 75,472 at the end of June, and Meta guided to full-year 2026 capital expenditure of $130 billion to $145 billion.

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