Meta Platforms, Inc. (META) — Open Ledger

Meta's complete financial history, FY2021 through Q1 FY2026, modeled as a public, auditable plain-text Beancount ledger. Part of the Open Ledger project on beancount.io — public companies' income statements and balance sheets, reconstructed line-by-line from their own SEC filings and version-controlled in git.

Quick Start

uvx --from beancount bean-check main.bean

Zero output means the ledger is internally consistent — every income statement sums to zero, and every balance-sheet snapshot below reconciles to Meta's own filed totals.

What's Inside

Meta's fiscal year ends December 31.

Methodology

• Balance sheet figures are asserted via pad/balance directives against each period's filed Form 10-K/10-Q — see the source comment at the top of each period file.
• Income statement for each period is a single zero-sum transaction: Income accounts are negative (credit), Expenses positive (debit), with the arithmetic check shown in a comment directly above the transaction.
• Two sector-specific deviations from the core chart of accounts, made to match the face of Meta's own filings: Marketing and Sales and General and Administrative are kept as separate expense line items (Meta doesn't report a combined SG&A line), and Assets:NonCurrent:NonMarketableEquityInvestments is broken out on its own — one of the fastest-growing lines on Meta's balance sheet ($6.2B at FY2022 → $28.4B at Q1 2026).
• All amounts are in MUSD (millions of US dollars); 117929 MUSD means $117.929 billion.

About Open Ledger

This repository is part of a growing library of public-company ledgers published at beancount.io/ledger — plain-text, git-versioned, and fully auditable. Explore more companies, or read the analysis behind the numbers, on the beancount.io blog.