Meta Platforms, Inc. (META)

Meta Platforms Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Revenue	56,311	59,893	51,242	47,516	42,314	48,385	40,589	39,071	36,455	40,111	34,146	31,999	28,645	32,165	27,714	28,822	27,908	33,671	29,010	29,077
Revenue Growth (YoY)	33.08%	23.78%	26.25%	21.61%	16.07%	20.63%	18.87%	22.10%	27.27%	24.70%	23.21%	11.02%	2.64%	-4.47%	-4.47%	-0.88%	6.64%	19.95%	35.12%	55.60%
Cost of Revenue	10,218	10,906	9,206	8,491	7,572	8,839	7,375	7,308	6,640	7,695	6,210	5,945	6,108	8,336	5,716	5,192	6,005	6,348	5,771	5,399
Gross Profit	46,093	48,987	42,036	39,025	34,742	39,546	33,214	31,763	29,815	32,416	27,936	26,054	22,537	23,829	21,998	23,630	21,903	27,323	23,239	23,678
Selling, General & Admin	5,522	7,107	6,357	5,642	5,037	4,002	4,687	6,379	6,019	5,515	4,947	7,318	5,929	7,659	7,164	6,582	5,672	7,692	6,500	5,215
Research & Development	17,699	17,135	15,144	12,942	12,150	12,180	11,177	10,537	9,978	10,517	9,241	9,344	9,381	9,771	9,170	8,690	7,707	7,046	6,316	6,096
Total Operating Expenses	23,221	24,242	21,501	18,584	17,187	16,182	15,864	16,916	15,997	16,032	14,188	16,662	15,310	17,430	16,334	15,272	13,379	14,738	12,816	11,311
Operating Income	22,872	24,745	20,535	20,441	17,555	23,364	17,350	14,847	13,818	16,384	13,748	9,392	7,227	6,399	5,664	8,358	8,524	12,585	10,423	12,367
Total Non-Operating Income (Expense)	-1,120	609	1,128	93	827	188	472	259	365	423	272	-99	80	-250	-88	-172	384	118	142	146
Pretax Income	21,752	25,354	21,663	20,534	18,382	23,552	17,822	15,106	14,183	16,807	14,020	9,293	7,307	6,149	5,576	8,186	8,908	12,703	10,565	12,513
Provision for Income Taxes	-5,021	2,586	18,954	2,197	1,738	2,714	2,134	1,641	1,814	2,790	2,437	1,505	1,598	1,496	1,181	1,499	1,443	2,418	1,371	2,119
Net Income	26,773	22,768	2,709	18,337	16,644	20,838	15,688	13,465	12,369	14,017	11,583	7,788	5,709	4,653	4,395	6,687	7,465	10,285	9,194	10,394
Net Income to Common	26,773	22,768	2,709	18,337	16,644	20,838	15,688	13,465	12,369	14,017	11,583	7,788	5,709	4,653	4,395	6,687	7,465	10,285	9,194	10,394
Net Income Growth	60.86%	9.26%	-82.73%	36.18%	34.56%	48.66%	35.44%	72.89%	116.66%	201.25%	163.55%	16.46%	-23.52%	-54.76%	-52.20%	-35.66%	-21.40%	-8.33%	17.18%	100.73%
Shares Outstanding (Basic)	2,534	2,525	2,517	2,518	2,527	2,529	2,529	2,534	2,545	2,566	2,576	2,568	2,587	2,638	2,682	2,704	2,725	2,765	2,814	2,834
Shares Outstanding (Diluted)	2,564	2,565	2,572	2,570	2,590	2,599	2,600	2,610	2,625	2,630	2,641	2,612	2,596	2,640	2,687	2,713	2,742	2,799	2,859	2,877
Shares Change (YoY)	-1.00%	-1.31%	-1.08%	-1.53%	-1.33%	-1.18%	-1.55%	-0.08%	1.12%	-0.38%	-1.71%	-3.72%	-5.33%	-5.68%	-6.02%	-5.70%	-4.86%	-3.15%	-1.11%	0.95%
EPS (Basic)	10.57	9.02	1.08	7.28	6.59	8.24	6.20	5.31	4.86	5.46	4.50	3.03	2.21	1.76	1.64	2.47	2.74	3.72	3.27	3.67
EPS (Diluted)	10.44	8.88	1.05	7.14	6.43	8.02	6.03	5.16	4.71	5.33	4.39	2.98	2.20	1.76	1.64	2.46	2.72	3.67	3.22	3.61
EPS Growth	62.36%	10.72%	-82.59%	38.37%	36.52%	50.47%	37.36%	73.15%	114.09%	202.84%	167.68%	21.14%	-19.12%	-52.04%	-49.07%	-31.86%	-17.58%	-5.41%	18.82%	100.56%
Shares Outstanding	2,538	2,530	2,521	2,516	2,523	2,534	2,524	2,533	2,537	2,561	2,571	2,573	2,566	2,614	2,665	2,697	2,714	2,741	2,793	2,826
Free Cash Flow	13,229	14,831	11,170	9,023	11,085	13,563	16,466	11,197	12,846	11,812	13,906	11,175	7,175	5,713	317	4,624	8,635	12,704	9,744	8,606
Free Cash Flow Growth	19.34%	9.35%	-32.16%	-19.42%	-13.71%	14.82%	18.41%	0.20%	79.04%	106.76%	4286.75%	141.67%	-16.91%	-55.03%	-96.75%	-46.27%	8.77%	35.45%	58.70%	1283.60%
Free Cash Flow Per Share	5.16	5.78	4.34	3.51	4.28	5.22	6.33	4.29	4.89	4.49	5.27	4.28	2.76	2.16	0.12	1.70	3.15	4.54	3.41	2.99
Dividends Per Share	0.525	0.525	0.525	0.525	0.525	0.500	0.500	0.500	0.500	-	-	-	-	-	-	-	-	-	-	-
Dividend Growth	-	5.00%	5.00%	5.00%	5.00%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.85%	81.79%	82.03%	82.13%	82.11%	81.73%	81.83%	81.30%	81.79%	80.82%	81.81%	81.42%	78.68%	74.08%	79.38%	81.99%	78.48%	81.15%	80.11%	81.43%
Operating Margin	40.62%	41.32%	40.07%	43.02%	41.49%	48.29%	42.75%	38.00%	37.90%	40.85%	40.26%	29.35%	25.23%	19.89%	20.44%	29.00%	30.54%	37.38%	35.93%	42.53%
Profit Margin	47.54%	38.01%	5.29%	38.59%	39.33%	43.07%	38.65%	34.46%	33.93%	34.95%	33.92%	24.34%	19.93%	14.47%	15.86%	23.20%	26.75%	30.55%	31.69%	35.75%
FCF Margin	23.49%	24.76%	21.80%	18.99%	26.20%	28.03%	40.57%	28.66%	35.24%	29.45%	40.73%	34.92%	25.05%	17.76%	1.14%	16.04%	30.94%	37.73%	33.59%	29.60%
EBITDA	28,871	30,156	25,498	24,783	21,455	27,824	21,377	18,484	17,192	19,556	16,607	12,015	9,751	8,775	7,839	10,337	10,680	14,599	12,418	14,353
EBITDA Margin	51.27%	50.35%	49.76%	52.16%	50.70%	57.51%	52.67%	47.31%	47.16%	48.75%	48.64%	37.55%	34.04%	27.28%	28.29%	35.87%	38.27%	43.36%	42.81%	49.36%
EBIT	22,872	24,745	20,535	20,441	17,555	23,364	17,350	14,847	13,818	16,384	13,748	9,392	7,227	6,399	5,664	8,358	8,524	12,585	10,423	12,367
EBIT Margin	40.62%	41.32%	40.07%	43.02%	41.49%	48.29%	42.75%	38.00%	37.90%	40.85%	40.26%	29.35%	25.23%	19.89%	20.44%	29.00%	30.54%	37.38%	35.93%	42.53%
Effective Tax Rate	-23.08%	10.20%	87.49%	10.70%	9.45%	11.52%	11.97%	10.86%	12.79%	16.60%	17.38%	16.20%	21.87%	24.33%	21.18%	18.31%	16.20%	19.03%	12.98%	16.93%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q