Meta Platforms, Inc.
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Meta Platforms has 14 disclosed suppliers and 31 disclosed customers in SEC filings. Named in filings as Facebook (21) and Instagram (8).
Last report6 of 8 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied
−6.98%
vs ±6.0% implied · ×1.16
shaded = implied · ▲▼ = realized
Meta Platforms, Inc.
614.21
SentenceOur largest client, Meta, generated 26% of our revenue for the fiscal year ended December 31, 2025 .
basisTASK FY2025 revenue $1.2BMETA FY2025 revenue $201B
SentenceSimilarly, in September 2025, we entered into an order form under an existing master services agreement pursuant to which Meta Platforms, Inc. ("Meta") initially committed to pay us up to approximately $14.2 billion through December 2031 and, as a result, we also expect Meta to be a significant customer in future periods.
SentenceFor paid marketing, we leverage a broad array of advertising channels, including television, radio, social media platforms, such as TikTok, Facebook, Instagram, X (formerly Twitter) and Snapchat, affiliates and paid and organic search, and other digital channels, such as mobile display.
SentenceOnline traffic is also driven by internet search and social media referrals, including search results provided by Google, the primary search engine directing traffic to our websites, and links from Facebook, the primary social media platform directing traffic to our websites.
Expected move
Inputsspot 614.99exp Feb 19ATM strike 610ATM straddle 111.77IV 41%