Facebook, Inc.
Facebook, Inc. is a company.
Financial History
Leadership Team
Key people at Facebook, Inc..
Facebook, Inc. is a company.
Key people at Facebook, Inc..
Meta Platforms, Inc. (formerly Facebook, Inc.) builds and operates a family of social media and communication apps including Facebook, Instagram, WhatsApp, Messenger, and Threads, alongside Reality Labs for VR/AR hardware and software. It primarily serves billions of daily users worldwide by enabling social connections, content sharing, messaging, and private transactions, while generating nearly all revenue (97.8% as of 2023) from advertising across its platforms and third parties.[1][2] The core problem it solves is fostering human connection in a digital world, with strong growth momentum: Q3 2025 revenue reached $51.2 billion (up 26% YoY), daily active users hit 3.54 billion (up 8% YoY), ad impressions rose 14%, and ad prices increased 10%, driven by AI enhancements.[3][4]
Meta Platforms originated in 2004 as TheFacebook, Inc., founded by Mark Zuckerberg and Harvard roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes in a dorm room to connect college students online. Renamed Facebook, Inc. in 2005, it rapidly expanded beyond campuses, reaching 845 million monthly active users by its 2012 IPO, which raised billions while Zuckerberg retained majority voting control.[1][2] A pivotal rebrand to Meta Platforms, Inc. in October 2021 shifted focus to the metaverse—virtual and augmented reality ecosystems—amid explosive growth in social apps and advertising dominance, evolving from a college network to a global tech giant headquartered in Menlo Park, California.[1][2]
Meta rides the AI-driven social media and advertising resurgence, capitalizing on post-2022 tech recovery where its stock doubled from late-2023 lows, outperforming Magnificent Seven peers amid digital ad rebound and AI scaling.[3][4] Timing aligns with exploding AI adoption, where Meta's vast user data fuels superior ad efficiency and new moats like Threads (150M DAUs) and Reels on TVs, capturing video ad share.[4] Favorable market forces include 2.7B+ daily interactions and $20+ revenue per user from ads, influencing the ecosystem by setting AI benchmarks for engagement and pressuring rivals in social, messaging, and metaverse tech.[2][4]
Meta's trajectory points to AI dominance over metaverse bets, with 2026 capex fueling infrastructure for accelerating ad growth, user time, and innovations like AI-enhanced social features for young adults and smart glasses.[3][4][5] Trends like fiscal cuts to Reality Labs (-30%) and Threads/Reels expansion will sharpen margins and broaden retail access, potentially via a stock split discussion amid $600+ shares, though none announced.[3] Its influence will evolve as the AI ad leader, embedding deeper into daily life while Zuckerberg's control ensures bold metaverse-AI pivots—solidifying Meta as a perennial tech powerhouse beyond its Facebook roots.[1][3][4]
Key people at Facebook, Inc..