Model provider and AI products
Muse models · Meta Model API · Muse Code
Model provider and AI products · US
Meta
Develops AI models and consumer AI experiences. Its developer platform includes Muse models; the catalogue also retains the Llama family.
$201.0bn
22.2% versus the previous fiscal year. Consolidated revenue, not AI-only sales.
30.1%
Net income divided by consolidated revenue; not an AI-product margin.
Products and position
Model developmentAI applications
Muse models
Meta Model API
Muse Code
Llama family
REPORTED COMPANY RESULTS
The business over time
$201bnRevenue · FY 2025 · consolidated company
Loading chartCompared with its peers
Same starting line
Revenue indexed to FY2016 = 100 · selected listed model and application groups.
Loading chartRelative growth, not company size or stock returns. Fiscal-year labels align; exact reporting periods differ across companies. Peer selection is editorial, not an exhaustive industry ranking.
Earnings and cash tell different stories
Both expressed as a share of Meta revenue in the same fiscal year.
Loading chartOperating cash flow is not free cash flow; capital expenditure is not deducted here. Missing observations remain gaps.
How much goes into research?
Reported R&D / company revenue · FY2025
Loading chartAll reported company R&D, not AI-only spending. Accounting definitions can differ; no compatible record is not zero expenditure.
SEC results cover Meta as a whole. They are not a standalone profit-and-loss statement for Meta AI, Muse or Llama. Reported growth does not isolate the causal contribution of AI. R&D is all company R&D, not AI-only investment or capital expenditure.
