Communication Services • Social Platforms & AI-Driven Digital Advertising • SIC 7370
$614.99 ▼ -9.53
(-1.53%)
MKT CAP: $1.60T • VOL: 25.02M
52W L $520 52W H $780
META // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: Form 10-K (FY2025) // Item 1 Family of Apps & AI Infrastructure
01 // UPSTREAM SUPPLIERS & FOUNDRIES
NVDA <GO>
CRITICAL
NVIDIA Corporation
SUPPLIER • Massive GPU Clusters (600k+ H100-Equiv) for Llama & Ads Ranking
EST. COGS / CAPEX SHARE 55%
EVIDENCE: 10-K Capital Expenditures ($40B-$60B AI Data Center Capex Guidance)
AVGO <GO>
HIGH
Broadcom Inc.
SUPPLIER • Custom MTIA Inference Accelerator ASICs & Ethernet Fabrics
EST. COGS / CAPEX SHARE 20%
EVIDENCE: 10-K Custom Silicon & Data Center Network Infrastructure
AMD <GO>
HIGH
Advanced Micro Devices, Inc.
SUPPLIER • Instinct MI300X Inference GPUs & EPYC Host CPUs
EST. COGS / CAPEX SHARE 15%
EVIDENCE: OCP Hyperscale Compute Fleet & 10-K Server Sourcing
CORE VALUE-CHAIN HUB NASDAQ
META // Meta Platforms, Inc.
GROSS MARGIN
81.0%
OP MARGIN
32.9%
ROIC %
18.2%
MKT CAP
$1.60T
UPSTREAM INPUTS ──► META OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
AMZN <GO>
REV SHARE: ~62%
Global E-Commerce, DTC & Cross-Border Retail Advertisers
CUSTOMER • Advantage+ Shopping Campaigns across Instagram & Facebook
EVIDENCE: 10-K Advertising Revenue (~97% of Consolidated Revenue)
WMT <GO>
REV SHARE: ~35%
Consumer Packaged Goods, Omnichannel Retail & SMBs
CUSTOMER • Reels Video Brand Ads & Click-to-WhatsApp Business Messaging
EVIDENCE: 10-K Geographic & Vertical Ad Demand Disclosures
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| META ★ | Meta Platforms, Inc. | $614.99 | $1.60T | 81.0% | 32.9% | 18.2% | 16.6x | +27.5% | SUBJECT ISSUER |
| GOOGL | Alphabet Inc. | $279.84 | $3.41T | 60.9% | 33.3% | 16.6% | 19.9x | +22.2% | META VS GOOGL <GO> |
| AAPL | Apple Inc. | $344.63 | $5.07T | 48.6% | 33.2% | 81.4% | 30.3x | +14.2% | META VS AAPL <GO> |
| AMZN | Amazon.com, Inc. | $240.35 | $2.63T | — | — | 17.6% | 16.0x | — | META VS AMZN <GO> |
| NFLX | Netflix, Inc. | $62.08 | $255.82B | 50.7% | 31.3% | 33.9% | 16.3x | +14.7% | META VS NFLX <GO> |