Company Analysis

Meta Platforms, Inc. (META)

Nasdaq: META · Services-Computer Programming, Data Processing, Etc. · Menlo Park, CA · filing with the SEC since 2005
Grade6.8
◀ Past 6.7● Present 7.6▶ Future 6.3

The company now

Meta's third quarter of 2026 brought in $64.60 billion of revenue, 26 percent more than a year earlier, nearly all of it from ads 1. Ad impressions rose 10 percent and the average price per ad 14 percent 1. Operating income, the profit from running the business, still fell 37 percent to $12.99 billion 1.

The main reason was a $9.89 billion charge for the August 2026 agreement with 52 state attorneys general over teen mental health, which provides for payments of up to about $18.59 billion 1. Costs also rose for data centers, rented cloud capacity and AI computing bought from other firms 2. Net income still rose to $9.86 billion from $2.71 billion, because a tax law change had cut the year-earlier profit 12.

Spending on servers and data centers reached $34.91 billion in the quarter, more than the $32.79 billion of cash the business brought in 1. So free cash flow, the cash left after that spending, was negative $2.12 billion 1.

To pay for the building, Meta raised its sale of Class A stock through forward sales to $25.0 billion and offered about $12.5 billion of preferred stock that converts into common stock 54. It also plans an at-the-market program of about $60 billion that would sell new non-voting Class C shares 4. The information statement warns that Class C stock will likely carry some discount to Class A, so more shares may be needed to raise the same money 12.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

Where the revenue comes from

fiscal 2025, as filed

Revenue by line of business, fiscal 2025

Line of businessFiscal 2025Fiscal 2024Share of revenue
Family of Apps$198.8B$162.4B98.9%
Reality Labs$2.21B$2.15B1.1%

Revenue by region, fiscal 2025

RegionFiscal 2025Fiscal 2024Share of revenue
US & Canada$78.87B$63.21B39.2%
Asia Pacific$53.82B$45.01B26.8%
Europe$46.57B$38.36B23.2%
Rest of World$21.71B$17.92B10.8%

As tagged in its annual report (Form 10-K, filed Jan 29, 2026 ↗), read from the SEC's financial statement data sets. The year before is the figure the record holds for the prior fiscal year.

The desk's written account, in full. As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed. Nothing here is advice.

Past

Meta was incorporated in Delaware in July 2004 as Facebook and sold its first shares to the public in May 2012 9. It bought Instagram in 2012 and WhatsApp in 2014, the two deals the Federal Trade Commission later tried to unwind in court 2. Those purchases turned one social network into a family of apps where marketers buy ads that can run across all of them 6.

By 2018 revenue had reached $55.84 billion, up 37 percent in a year, and headcount had grown 42 percent to 35,587 11. That year opened a stretch of privacy trouble: class actions over a developer's misuse of user data began on 20 March 2018 2. The 2020 annual report refers to a $5.0 billion FTC settlement accrual recorded in 2019 10.

Revenue rose 22 percent to $85.97 billion in 2020 as advertising grew 10. In 2021 it climbed 37 percent to $117.93 billion, but the annual report says ad growth slowed in the second half after Apple's iOS changes limited how ads could be targeted and measured 9.

In October 2021 the company renamed itself Meta Platforms and began reporting Reality Labs, its virtual and augmented reality arm, as a separate segment 9. Reality Labs lost $10.19 billion that first year, a bet on what the company calls the next computing platform 96.

In 2022 revenue fell 1 percent to $116.61 billion 7. The average price per ad dropped 16 percent, which the company tied to weaker marketer spending, the iOS limits and a stronger dollar 7. Operating income fell 38 percent to $28.94 billion, mainly because headcount grew 20 percent and data center costs rose 7.

The company then cut hard: it announced a layoff of about 11,000 employees in November 2022 and booked $4.61 billion of restructuring charges that year 7. Headcount was down 22 percent to 67,317 by the end of 2023 8. Revenue recovered to $134.90 billion in 2023, up 16 percent, as ads delivered rose 28 percent 8.

With costs lower, Meta announced its first ever cash dividend on 1 February 2024 8. Revenue then rose to $164.50 billion in 2024 and $200.97 billion in 2025, a gain of 22 percent, on 12 percent more ad impressions and a 9 percent higher average price per ad 6. Operating income reached $83.28 billion in 2025, while Reality Labs lost $19.19 billion 6.

Capital spending, including finance lease payments, rose to $72.22 billion in 2025 as the push into frontier AI models expanded the company's computing needs 6. In 2025 it also made a minority investment in Scale AI, carried at $13.80 billion 6. On 18 November 2025 a federal court ruled for Meta in the FTC's case over Instagram and WhatsApp 2.

Present

Facebook, Instagram, WhatsApp, Messenger and Threads

These free apps are where Meta earns nearly all its money: marketers buy ad placements that can appear on Facebook, Instagram, Messenger, Threads and WhatsApp 6. The Family of Apps segment brought in $198.76 billion in 2025, 98.9 percent of revenue (computed), with a 52 percent operating margin 6.

On average 3.64 billion people used at least one of the apps each day in September 2026, up 3 percent in a year 2. In the third quarter ads brought in $63.06 billion and other revenue $1.10 billion 1. That other revenue is mostly paid WhatsApp business messaging and subscriptions 2.

Reels, the short video feed, is growing in use but earns ad money at a lower rate than Feed and Stories, the quarterly report says 2. The company credits AI ranking for more time spent and better ad results 2.

Meta AI, Muse and the models

Meta AI is the company's assistant, offered inside the apps, as a stand-alone app, on its glasses and on the web 6. Muse is an agentic AI, an assistant that carries out tasks, which the company intends to scale over time 2. Meta says more than 10 million people in the US and Canada started using Muse in its first weeks, with shopping the leading use 4.

Meta Superintelligence Labs released Muse Wonder and Muse Wonder Full on 12 October 2026, the company's first frontier models, meaning models built to match the most capable ones 16. Through the Meta Model API, Wonder costs $4 per million input tokens and $20 per million output tokens, TechCrunch reported 16. By Meta's own tests, Wonder scores close to Fable 5.1 and GPT-6 Astra 16.

For companies, more than 2 million businesses use its Business Agent each week to answer customers in chat, the company says 4.

Reality Labs: Quest headsets and AI glasses

Reality Labs sells Meta Quest virtual reality headsets and AI glasses under the Ray-Ban Meta and Oakley Meta names 6. Its revenue was $2.21 billion in 2025 against an operating loss of $19.19 billion 6. In the third quarter of 2026 revenue fell 6 percent to $443 million, because fewer Quest headsets sold while AI glasses sold more 2.

EssilorLuxottica, the eyewear maker behind the glasses, reported selling over 7 million of them in 2025, Road to VR reported 18. The Meta Ray-Ban Display, glasses with a screen in the lens and a wristband that reads muscle signals, costs $799 19.

Tom's Guide called the Display "perhaps the most complete smart glasses we’ve tested" but said limited third-party apps make the price hard to justify 20. The company expects to spend about 70 percent of Reality Labs' 2026 operating expenses on wearables and the rest on virtual reality 6.

Data centers and offices

Meta owns data centers in 23 US states and is building four superclusters of more than one gigawatt each, the company said on 26 October 4. The Muse Wonder models were trained at Prometheus, a data center in central Ohio that came online earlier in 2026, TechCrunch reported 16.

Two campuses, in Louisiana and Texas, are built by ventures in which Meta holds 20 percent, with estimated development costs of about $27 billion and $14 billion 2. Meta will lease space on them from 2029 and 2028 and has guaranteed up to $41.49 billion of their residual value 2.

Headquarters are in Menlo Park, California, where Meta owned and leased about 10 million square feet at the end of 2025, about two million of it unoccupied 6.

The people

Mark Zuckerberg, the founder, is chairman and chief executive 3. Susan Li has been chief financial officer, Javier Olivan chief operating officer and Andrew Bosworth chief technology officer since 2022 13.

Headcount was 66,775 at the end of September 2026, 15 percent lower than a year earlier 1. The quarterly report records a cut of about 8,000 jobs in May 2026, with $1.18 billion of severance 2.

Rivals

The annual report says Meta competes for people's attention, for advertisers, in frontier AI models and in consumer hardware and virtual reality 6. The quarterly report adds that rival products have cut some users' engagement, in particular among younger users 2. TechCrunch measures Muse Wonder against OpenAI's GPT-6 Astra and the Fable models 16.

Current problems

Of the teen safety agreement, about $12.7 billion is payable to the states over 10 years, and $5.3 billion more depends on rivals agreeing to similar terms 2. AP reported that those rivals are YouTube and TikTok, and that New Mexico, which won its own trial, and Florida stayed out 17.

The next school district test trial over social media addiction is set for February 2027 2. The FTC filed an appeal on 20 January 2026 after losing its Instagram and WhatsApp case 2. In June 2026 the European Commission ordered WhatsApp, for now, to open its business interface free to general purpose AI chatbots, which Meta intends to appeal 2.

A Spanish court awarded news publishers about €542 million on 19 November 2025 over Meta's past use of data for ads, which Meta has appealed 2.

The umbrella, in words

The brands are the apps (Facebook, Instagram, Messenger, Threads, WhatsApp and Meta AI) and the hardware (Meta Quest, Ray-Ban Meta and Oakley Meta) 6. The subsidiaries list filed with the latest annual report names nine, among them Instagram, LLC, WhatsApp LLC, Meta Payments Inc. and Meta Platforms Ireland Limited 14.

Meta has invested in Scale AI, carried at $13.80 billion, and in India's Jio Platforms, carried at $5.82 billion, holding minority stakes without significant influence 6. It owns 20 percent of each data center venture 2. It owns 30 data center locations and owned or leased about 62 acres near headquarters for future growth 6.

Mark Zuckerberg controls the company through Class B shares that carry ten votes each 6. His holding companies, CZI Holdings and the Chan Zuckerberg Holdings entities, held about 56.1 percent of the voting power when they approved the Class C charter by written consent 12. Under the Founder Alignment Agreement, 80 percent of the Class C shares he receives can be sold only if he gives up matching voting shares 3.

Among outside holders, Vanguard Capital Management reported 7.49 percent of the common stock on a Schedule 13G dated 30 April 2026 15.

Future

For the fourth quarter of 2026 the company expects revenue of $73 billion to $76 billion, with currency moves about a 1 percent drag 1. It expects 2026 total expenses of $175 billion to $179 billion, including the legal charge, and capital spending of $135 billion to $145 billion 1.

It expects Reality Labs to lose $18 billion to $19 billion in 2026 and around $15 billion next year, as money moves toward AI 1. It expects a fourth quarter tax rate of 15 to 17 percent 1. It gives no 2027 revenue outlook, but says its AI work positions it to sustain strong revenue growth throughout 2027 1.

The finance chief's outlook says the company expects to keep investing aggressively next year in its core business and new AI efforts 1. It also says the superintelligence lab's spending will take longer to pay back than spending on the core business 1.

The Class C charter takes effect on 19 January 2027, and the one-for-one stock dividend must be paid by the fifth business day after that 3. Meta intends to list the Class C stock on Nasdaq 1. The at-the-market program is not expected to start until the first quarter of 2027, after Class C trading begins 4.

The forward sales settle on dates Meta chooses, by 19 November 2027, and the preferred stock converts into common stock on or about 15 August 2029 4. The preferred stock pays dividends at 6.50 percent a year on a $1,000 liquidation preference 54.

In the courts, judgment in a Spanish broadcasters' case is expected in the first half of 2027, and a UK class action trial is set for October 2028 2. An independent auditor reports to the states on the teen safety terms every year for five years 2.

What it may be looking into

Speculation Speculation, labeled as such: where the clues point, how sure the desk is of each, and what would change it. It is not a forecast and not advice.

  1. Speculation

    Meta may build a business selling its AI models and computing power to other companies, beside its ads.

    Because

    • A financing release filed on 26 October says Meta sees an opportunity to serve high-margin inference demand, paid use of its models, through a Meta Enterprise Platform 4.
    • Muse Wonder is already sold to developers through the Meta Model API at $4 per million input tokens, TechCrunch reported 16.
    • The finance chief's outlook says the superintelligence lab's spending is creating the technology to unlock significant new revenue opportunities 1.
    Confidence 70 of 100What would change this A results release or annual report that names revenue from the enterprise platform or the model API would confirm it; silence on both through the next annual report would weaken it 1.
  2. Speculation

    Meta may use its new Class C stock to pay for a large acquisition.

    Because

    • The results release lists potential acquisitions among the reasons for creating the Class C stock 1.
    • The information statement says the non-voting stock can be used for acquisitions without diluting the voting power of Class A and Class B holders 12.
    • Meta already put $13.80 billion into a minority stake in Scale AI in 2025, a sign it buys into AI firms at large scale 6.
    Confidence 35 of 100What would change this A current report of a merger agreement paid in Class C shares would confirm it; Class C going only to cash offerings and employee pay in the first years of trading would weaken it 12.
  3. Speculation

    Meta may move more of its data center building into ventures that partners largely fund.

    Because

    • It formed a Louisiana venture in October 2025 and a Texas one in July 2026, keeping 20 percent of each 2.
    • The financing release names strategic partnerships beside cash flow, debt and stock as ways to fund the building 4.
    Confidence 60 of 100What would change this A third venture in a quarterly or annual report would confirm the pattern; none in the next four quarterly reports would weaken it 2.
  4. Speculation

    Meta may scale back Quest headsets to put Reality Labs money into AI glasses.

    Because

    • The annual report puts about 70 percent of Reality Labs' 2026 operating expenses on wearables 6.
    • Third quarter Reality Labs revenue fell on lower Quest sales while AI glasses sales rose 2. The company says it is moving Reality Labs investment toward other priorities, primarily AI 1.
    Confidence 45 of 100What would change this A new Quest headset launch, or an annual report that raises the share of Reality Labs spending on virtual reality, would weaken it 6.

How the company works

The desk has not read this company's annual report yet.

The record in brief

five sections from the record

By the desk, an AI model (Claude Haiku 4.5), written from the company's record on Oct 21, 2026; nothing here is advice. Every sentence rests on the numbered source beside it, and a sentence the record did not support was cut before the report was kept.

A newer quarterly report (Form 10-Q, filed 2026-10-22) and current report (Form 8-K, filed 2026-11-12) is on file; this report was written before it, and the desk writes it again on request.

Past

Meta's revenue grew from $28 billion in fiscal 2016 to $201 billion in fiscal 2025, up 24.7% a year over ten filed years, rising in 8 of 9 years. Net income was positive in all 10 of those years. The deepest fall was 1% from fiscal 2021 to fiscal 2022. Over the last three fiscal years to 2025, the diluted share count shrank about 1.6% a year. Dividends and buybacks returned about 31% of operating cash flow over those three years. Officers and directors filed 303 sales and 0 purchases of their own stock on the open market in the year to 2026-10-14, with 293 of the sales under scheduled 10b5-1 plans. 1

Present

In fiscal 2025, Meta reported revenue of $201 billion and a profit of $60 billion. A quarterly report for the period ended 2026-06-30 was filed on 2026-07-30. Meta earned about 28 cents of profit for every dollar of shareholders' money, and its products earned about 45 cents per dollar of everything the company owns. It owed about 41 cents per dollar of assets, and its share count shrank 1.5% over the year. Meta's revenue of $201 billion in fiscal 2025 ranks in the top 4% by size among 73 graded names in its industry family, with a net margin of 30.1% in the top 10%. Mark Zuckerberg has served as chief executive and chair since 2012-05-17, 14.4 years; the 22 officers and directors filing in the last fifteen months have been on the record a median of 4.4 years. Eight officer or director changes were reported on Form 8-K since 2023-10-21 against 22 people in charge now. 231

Future

A quarterly report for the quarter ending 2026-09-30 is due by 2026-11-09. An annual report for the fiscal year ending 2026-12-31 is due by 2027-03-01. Meta's cash of $36 billion against debt of $59 billion leaves negative 6.2% of its assets as net cash, in the bottom 29% of its family; cash from operations less capital spending is 22.9% of revenue in the top 27%; a gross margin of 82% ranks in the top 18%; research spending of 28.5% of revenue ranks in the top 19%. Revenue grew 19.9% a year over the last three filed years against 24.7% over all 10, slowing to the top 46% of its family; the newest year grew 22.2% in the top 21%; research spending grew 17.5% a year in the top 23%; capital spending grew 30.7% a year in the top 22%. 31

How the company operates

Meta's revenue in fiscal 2025 came from Family of Apps at 99% and Reality Labs at 1%. By geography, 39% came from the US and Canada, 27% from Asia Pacific, 23% from Europe, and 11% from the Rest of World. Meta reported 2 lines of business in fiscal 2025: Family of Apps at $199 billion and Reality Labs at $2.2 billion, both growing against the year before. 21

New moves

A shelf registration was filed on 2026-04-30. An officer or director change was filed on 2026-04-14. Another officer or director change was filed on 2026-01-16. 3

The FTC is investigating OpenAI, Anthropic and others under the law against unfair or deceptive practices, with documents and executive testimony demanded to follow; Meta is adjacent to this event through its stakes in both companies. On 2026-10-21, Meta was ordered to pay a $25 billion penalty in a Cambridge Analytica case, according to BBC News and CNBC. 45

Sources

a number beside a sentence opens its entry in its own document's list
The written account 20 sources · as of Oct 28, 2026
  1. Meta Reports Third Quarter 2026 Results (Exhibit 99.1 to Form 8-K) ↗Meta Platforms, Inc. (results release, SEC filing) · filed Oct 21, 2026
  2. Form 10-Q, quarterly report for the quarter ended 30 September 2026 ↗Meta Platforms, Inc. (SEC filing) · filed Oct 22, 2026
  3. Form 8-K, current report: the Class C stock, the Founder Alignment Agreement and third quarter results ↗Meta Platforms, Inc. (SEC filing) · filed Oct 21, 2026
  4. Free writing prospectus: Meta Announces Launch of Offering of Depositary Shares Representing Series A Mandatory Convertible Preferred Stock and Offering of Class A Common Stock in Connection with Forward Sale Agreements ↗Meta Platforms, Inc. (SEC filing) · filed Oct 26, 2026
  5. Free writing prospectus: Pricing Term Sheet ↗Meta Platforms, Inc. (SEC filing) · filed Oct 27, 2026
  6. Form 10-K, annual report for the year ended 31 December 2025 ↗Meta Platforms, Inc. (SEC filing) · filed Jan 29, 2026
  7. Form 10-K, annual report for the year ended 31 December 2022 ↗Meta Platforms, Inc. (SEC filing) · filed Feb 2, 2023
  8. Form 10-K, annual report for the year ended 31 December 2023 ↗Meta Platforms, Inc. (SEC filing) · filed Feb 2, 2024
  9. Form 10-K, annual report for the year ended 31 December 2021 ↗Meta Platforms, Inc. (SEC filing) · filed Feb 3, 2022
  10. Form 10-K, annual report for the year ended 31 December 2020 ↗Facebook, Inc. (SEC filing) · filed Jan 28, 2021
  11. Form 10-K, annual report for the year ended 31 December 2018 ↗Facebook, Inc. (SEC filing) · filed Jan 31, 2019
  12. Schedule 14C, preliminary information statement on the Class C common stock ↗Meta Platforms, Inc. (SEC filing) · filed Oct 21, 2026
  13. Schedule 14A, definitive proxy statement for the 2026 annual meeting ↗Meta Platforms, Inc. (SEC filing) · filed Apr 16, 2026
  14. Exhibit 21.1 to the Form 10-K for 2025, list of subsidiaries ↗Meta Platforms, Inc. (SEC filing) · filed Jan 29, 2026
  15. Schedule 13G on Meta Platforms, Inc. common stock ↗Vanguard Capital Management (SEC filing) · filed Apr 30, 2026
  16. Meta releases its first frontier model, Muse Wonder ↗TechCrunch (Russell Brandom) · Oct 12, 2026
  17. Meta reaches $18 billion settlement with states in landmark trial over teen social media addiction ↗The Associated Press, published by WAFB · Aug 26, 2026
  18. Meta Sold Over 7 Million Smart Glasses Last Year, Effectively Tripling Sales in 2025 Alone ↗Road to VR (Scott Hayden) · Feb 12, 2026
  19. Meta Unveils Ray-Ban Smart Glasses with Display, Launching for $800 This Month ↗Road to VR (Scott Hayden) · Sep 17, 2025
  20. I've been wearing the Meta Ray-Ban Display smart glasses for a week: they're great, but they could be so much more ↗Tom's Guide (Mike Prospero) · Jan 31, 2026
The record in brief 5 sources · written Oct 21, 2026
  1. META: the nine metricsthis site's record
    show the quoted wordsTrack record (past, graded 6.8 of 10, weighs 45% of the past): Meta Platforms, Inc.'s 10 filed years say what it did: revenue went from $28 billion in fiscal 2016 to $201 billion in fiscal 2025, up 24.7% a year; it rose in 8 of 9 years; the deepest fall was 1% from fiscal 2021 to fiscal 2022; net income was positive in 10 of 10 of those years (its annual reports).Shareholder treatment (past, graded 6.3 of 10, weighs 33% of the past): Over the 3 fiscal years to 2025-12-31, Meta Platforms, Inc.'s diluted share count shrank about 1.6% a year, and dividends and buybacks returned about 31% of its operating cash flow over 3 years (its filed statements).Its officers and directors filed 303 sales (293 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-14 (their Form 4 filings).Financial health (present, graded 7.2 of 10, weighs 45% of the present): Return on equity: in the fiscal year ended 2025-12-31, Meta Platforms, Inc. earned about 28 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 45 cents per dollar of everything the company owns (revenue less the cost of revenue).Leverage: it owed about 41 cents per dollar of assets, and net share issuance: its share count shrank 1.5% over the year (the filed statements).Industry position (present, graded 8.6 of 10, weighs 33% of the present): Meta Platforms, Inc.'s standing among 73 graded names in its industry family: revenue of $201 billion in fiscal 2025 ranks in the top 4% by size; a net margin of 30.1% ranks in the top 10%; revenue growth of 19.9% a year over the last 3 filed years ranks in the top 26% (its annual reports).Leadership (present, graded 7.0 of 10, weighs 22% of the present): Meta Platforms, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Zuckerberg, Mark (COB and CEO, as filed), filing under that title since 2012-05-17, 14.4 years (top 5% of its family); the 22 officers and directors filing in the last fifteen months have been on the record a Leadership (present, graded 7.0 of 10, weighs 22% of the present): Meta Platforms, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Zuckerberg, Mark (COB and CEO, as filed), filing under that title since 2012-05-17, 14.4 years (top 5% of its family); the 22 officers and directors filing in the last fifteen months have been on the record a Room to expand (future, graded 6.6 of 10, weighs 22% of the future): Meta Platforms, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $36 billion against debt of $59 billion leaves -6.2% of its assets as net cash, bottom 29% of its family; cash from operations less capital spending is 22.9% of revenue (top 27%); a gross margin of 82% (top 18%); research spending of 28.5Growth drivers (future, graded 7.2 of 10, weighs 45% of the future): Meta Platforms, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 19.9% a year over the last three filed years against 24.7% over all 10, slowing (top 46% of its family); the newest year grew 22.2% (top 21%); research spending grew 17.5% a year (top 23%); capital spending grew 30.7% a year (top 22%) (its anMeta Platforms, Inc. reported 2 lines of business in fiscal 2025: Family of Apps at $199 billion (99%), Reality Labs at $2.2 billion (1%); 2 of 2 grew against the year before (its annual report).
  2. META: the company filethis site's record
    show the quoted wordsIn its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $201 billion and a profit of $60 billion (its filed statements).Where the revenue comes from, fiscal 2025, as tagged in its annual report (Form 10-K, filed 2026-01-29): lines of business: Family of Apps 99%, Reality Labs 1%; by geography: US & Canada 39%, Asia Pacific 27%, Europe 23%, Rest of World 11%.
  3. META: the filing record, ten yearsa filing
    show the quoted wordsDocument: https://www.sec.gov/Archives/edgar/data/1326801/000031506626002069 2026-07-30: Form 10-Q, Quarterly report, for the period ended 2026-06-30. The quarterly money story and the trend by quarter; Financial health reads the newest balance sheet.Deadline ahead: Quarterly report (Form 10-Q) for the quarter ending 2026-09-30 is due by 2026-11-09; large accelerated filers have 40 days after the quarter ends; quarter ends are taken to the month end.Deadline ahead: Annual report (Form 10-K) for the fiscal year ending 2026-12-31 is due by 2027-03-01; large accelerated filers have 60 days after the fiscal year ends.Financial health where notes are sold; often a bank's structured products. Document: https://www.sec.gov/Archives/edgar/data/1326801/000119312526201738 2026-04-30: Form SCHEDULE 13G, Large holder notice.Document: https://www.sec.gov/Archives/edgar/data/1326801/000210011926000840 2026-04-30: Form 10-Q, Quarterly report, for the period ended 2026-03-31.Document: https://www.sec.gov/Archives/edgar/data/1326801/000119312526194082 2026-04-30: Form S-3ASR, Shelf registration. The filing record and the share count: a large filer's shelf, ready for sale. Document: https://www.sec.gov/Archives/edgar/data/1326801/000119312526194008 2026-04-29: Form 8-K, Current report (Results released, item 2.02).Document: https://www.sec.gov/Archives/edgar/data/1326801/000162828026025532 2026-04-14: Form 8-K, Current report (Officer or director change, item 5.02), for the period ended 2026-04-08. Leadership: the officer or director change count.Document: https://www.sec.gov/Archives/edgar/data/1326801/000162828026003832 2026-01-16: Form 8-K, Current report (Officer or director change, item 5.02), for the period ended 2026-01-12. Leadership: the officer or director change count.
  4. META: the stories that name itthis site's record
    show the quoted words(a story by the desk; the company is adjacent to the event; /n/coreweave-filed-debt-under-scrutiny/) 2026-10-01: "FTC confirms it is investigating OpenAI, Anthropic and others": The New York Post reported on Wednesday morning, and an FTC spokesperson confirmed, an investigation under the law against unfair or deceptive practices, with demands for documents and executives' testimony to follow in th(a study by the desk; the company is named in the event; /n/study-agent-six-ai-chiefs-sign-white-house-pledge-to-police-themselves/)
  5. META: the alerts of the last thirty days (headlines only; the desk has not read the articles)this site's record
    show the quoted words2026-10-21, MarketWatch, top stories: "Meta’s stock rises as investors glimpse an opportunity that could dwarf the ad business" 2026-10-21, SEC EDGAR, current 8-K filings: "Meta Platforms, Inc. filed a Form 8-K" 2026-10-21, BBC News, business: "Meta fined $25bn for 'lies' over user data privacy" 2026-10-21, CNBC, top news: "Meta ordered to pay $25 billion penalty in New Mexico Cambridge Analytica
SI Assistanton META · research, not advice