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Side-by-side financial comparison of Meta Platforms (META) and RIO TINTO PLC (RIO). Click either name above to swap in a different company.

Meta Platforms is the larger business by last-quarter revenue ($56.3B vs $30.8B, roughly 1.8× RIO TINTO PLC). Meta Platforms runs the higher net margin — 47.5% vs 18.6%, a 29.0% gap on every dollar of revenue. On growth, Meta Platforms posted the faster year-over-year revenue change (33.1% vs 14.6%). Meta Platforms produced more free cash flow last quarter ($12.4B vs $2.3B).

Meta Platforms, Inc. is an American multinational technology company headquartered in Menlo Park, California. Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, WhatsApp, Messenger, Threads and Manus. The company also operates an advertising network for its own sites and third parties; as of 2023, advertising accounted for 97.8 percent of its total revenue. Meta has been described as a Big Tech company.

Rio Tinto Group is a British-Australian multinational mining company headquartered in London, England, and Melbourne, Australia. It was founded in 1873 when a group of British investors purchased a mine complex on the Río Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions and is today a major producer of commodities such as copper, iron ore, aluminium and lithium.

META vs RIO — Head-to-Head

Bigger by revenue
META
META
1.8× larger
META
$56.3B
$30.8B
RIO
Growing faster (revenue YoY)
META
META
+18.5% gap
META
33.1%
14.6%
RIO
Higher net margin
META
META
29.0% more per $
META
47.5%
18.6%
RIO
More free cash flow
META
META
$10.1B more FCF
META
$12.4B
$2.3B
RIO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
META
META
RIO
RIO
Revenue
$56.3B
$30.8B
Net Profit
$26.8B
$5.7B
Gross Margin
81.9%
Operating Margin
40.6%
25.9%
Net Margin
47.5%
18.6%
Revenue YoY
33.1%
14.6%
Net Profit YoY
60.9%
0.5%
EPS (diluted)
$10.44
$3.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
META
META
RIO
RIO
Q1 26
$56.3B
Q4 25
$59.9B
$30.8B
Q3 25
$51.2B
Q2 25
$47.5B
Q1 25
$42.3B
Q4 24
$48.4B
$26.9B
Q3 24
$40.6B
Q2 24
$39.1B
Net Profit
META
META
RIO
RIO
Q1 26
$26.8B
Q4 25
$22.8B
$5.7B
Q3 25
$2.7B
Q2 25
$18.3B
Q1 25
$16.6B
Q4 24
$20.8B
$5.7B
Q3 24
$15.7B
Q2 24
$13.5B
Gross Margin
META
META
RIO
RIO
Q1 26
81.9%
Q4 25
81.8%
Q3 25
82.0%
Q2 25
82.1%
Q1 25
82.1%
Q4 24
81.7%
Q3 24
81.8%
Q2 24
81.3%
Operating Margin
META
META
RIO
RIO
Q1 26
40.6%
Q4 25
41.3%
25.9%
Q3 25
40.1%
Q2 25
43.0%
Q1 25
41.5%
Q4 24
48.3%
27.5%
Q3 24
42.7%
Q2 24
38.0%
Net Margin
META
META
RIO
RIO
Q1 26
47.5%
Q4 25
38.0%
18.6%
Q3 25
5.3%
Q2 25
38.6%
Q1 25
39.3%
Q4 24
43.1%
21.2%
Q3 24
38.7%
Q2 24
34.5%
EPS (diluted)
META
META
RIO
RIO
Q1 26
$10.44
Q4 25
$8.87
$3.32
Q3 25
$1.05
Q2 25
$7.14
Q1 25
$6.43
Q4 24
$7.96
$3.51
Q3 24
$6.03
Q2 24
$5.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
META
META
RIO
RIO
Cash + ST InvestmentsLiquidity on hand
$23.4B
$9.4B
Total DebtLower is stronger
$58.7B
$21.9B
Stockholders' EquityBook value
$243.7B
$67.0B
Total Assets
$395.3B
$128.1B
Debt / EquityLower = less leverage
0.24×
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
META
META
RIO
RIO
Q1 26
$23.4B
Q4 25
$81.6B
$9.4B
Q3 25
$44.4B
Q2 25
$47.1B
Q1 25
$70.2B
Q4 24
$77.8B
$8.8B
Q3 24
$70.9B
Q2 24
$58.1B
Total Debt
META
META
RIO
RIO
Q1 26
$58.7B
Q4 25
$58.7B
$21.9B
Q3 25
Q2 25
Q1 25
Q4 24
$28.8B
$12.4B
Q3 24
$28.8B
Q2 24
Stockholders' Equity
META
META
RIO
RIO
Q1 26
$243.7B
Q4 25
$217.2B
$67.0B
Q3 25
$194.1B
Q2 25
$195.1B
Q1 25
$185.0B
Q4 24
$182.6B
$58.0B
Q3 24
$164.5B
Q2 24
$156.8B
Total Assets
META
META
RIO
RIO
Q1 26
$395.3B
Q4 25
$366.0B
$128.1B
Q3 25
$303.8B
Q2 25
$294.7B
Q1 25
$280.2B
Q4 24
$276.1B
$102.8B
Q3 24
$256.4B
Q2 24
$230.2B
Debt / Equity
META
META
RIO
RIO
Q1 26
0.24×
Q4 25
0.27×
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
0.16×
0.21×
Q3 24
0.18×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
META
META
RIO
RIO
Operating Cash FlowLast quarter
$32.2B
$9.9B
Free Cash FlowOCF − Capex
$12.4B
$2.3B
FCF MarginFCF / Revenue
22.0%
7.5%
Capex IntensityCapex / Revenue
24.7%
Cash ConversionOCF / Net Profit
1.20×
1.73×
TTM Free Cash FlowTrailing 4 quarters
$47.4B
$11.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
META
META
RIO
RIO
Q1 26
$32.2B
Q4 25
$36.2B
$9.9B
Q3 25
$30.0B
Q2 25
$25.6B
Q1 25
$24.0B
Q4 24
$28.0B
$8.5B
Q3 24
$24.7B
Q2 24
$19.4B
Free Cash Flow
META
META
RIO
RIO
Q1 26
$12.4B
Q4 25
$14.8B
$2.3B
Q3 25
$11.2B
Q2 25
$9.0B
Q1 25
$11.1B
Q4 24
$13.6B
$2.9B
Q3 24
$16.5B
Q2 24
$11.2B
FCF Margin
META
META
RIO
RIO
Q1 26
22.0%
Q4 25
24.8%
7.5%
Q3 25
21.8%
Q2 25
19.0%
Q1 25
26.2%
Q4 24
28.0%
10.9%
Q3 24
40.6%
Q2 24
28.7%
Capex Intensity
META
META
RIO
RIO
Q1 26
Q4 25
35.7%
24.7%
Q3 25
36.7%
Q2 25
34.8%
Q1 25
30.6%
Q4 24
29.8%
20.9%
Q3 24
20.3%
Q2 24
20.9%
Cash Conversion
META
META
RIO
RIO
Q1 26
1.20×
Q4 25
1.59×
1.73×
Q3 25
11.07×
Q2 25
1.39×
Q1 25
1.44×
Q4 24
1.34×
1.50×
Q3 24
1.58×
Q2 24
1.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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