Meta Platforms Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	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	Q1 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021	Mar '21 Mar 31, 2021
Revenue	200,966	189,458	178,804	170,360	164,501	156,227	149,784	142,712	134,902	126,956	120,525	117,346	116,609	118,115	119,410	119,666	117,929	112,330	104,790	94,399
Revenue Growth (YoY)	22.17%	21.27%	19.38%	19.37%	21.94%	23.06%	24.28%	21.62%	15.69%	7.49%	0.93%	-1.94%	-1.12%	5.15%	13.95%	26.77%	37.18%	42.23%	39.43%	28.68%
Cost of Revenue	36,175	34,077	32,245	31,062	30,161	28,924	27,747	26,428	25,959	25,245	24,764	23,967	23,754	23,261	23,316	23,523	22,649	21,511	19,934	18,364
Gross Profit	164,791	155,381	146,559	139,298	134,340	127,303	122,037	116,284	108,943	101,711	95,761	93,379	92,855	94,854	96,094	96,143	95,280	90,819	84,856	76,035
Selling, General & Admin	24,143	20,934	19,262	20,001	21,087	22,296	22,456	23,320	23,709	24,030	26,349	25,687	25,681	27,111	26,446	25,079	23,872	21,060	19,033	18,250
Research & Development	57,372	52,163	48,196	45,791	43,873	41,500	39,333	37,988	38,483	35,156	35,315	34,813	33,619	32,613	29,759	27,165	24,655	22,816	21,263	19,629
Operating Expenses	81,515	73,097	67,458	65,792	64,960	63,796	61,789	61,308	62,192	59,186	61,664	60,500	59,300	59,724	56,205	52,244	48,527	43,876	40,296	37,879
Operating Income	83,276	82,284	79,101	73,506	69,380	63,507	60,248	54,976	46,751	42,525	34,097	32,879	33,555	35,130	39,889	43,899	46,753	46,943	44,560	38,156
Interest Expense	-1,165	-960	-941	-828	-715	-600	-529	-518	-446	-420	-347	-235	-185	-75	-10	-5	-23	-	-	-
Interest & Investment Income	2,123	2,229	2,531	2,590	2,517	2,374	2,247	2,031	1,639	1,193	801	573	461	421	399	424	484	495	521	562
Currency Exchange Gain (Loss)	352	85	53	-310	-690	-366	-475	-451	-366	-248	-282	-198	-81	-137	-53	7	-140	-9	1	29
Other Non Operating Income (Expenses)	1,346	923	-23	335	171	211	178	1	-150	-74	-82	-122	127	34	137	364	210	207	122	75
EBT Excluding Unusual Items	85,932	84,561	80,721	75,293	70,663	65,126	61,669	56,039	47,428	42,976	34,187	32,897	33,877	35,373	40,362	44,689	47,284	47,636	45,204	38,822
Merger & Restructuring Charges	-	-389	-389	-389	-	-1,107	-1,451	-1,634	-	-5,759	-5,415	-5,232	-4,611	-	-	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-42	-42	-42	-	-101	-101	-101	-	-447	-447	-447	-447	-	-	-	-	-	-	-
Pretax Income	85,932	84,130	80,290	74,862	70,663	63,918	60,117	54,304	47,428	36,770	28,325	27,218	28,819	35,373	40,362	44,689	47,284	47,636	45,204	38,822
Income Tax Expense	25,474	25,602	8,783	8,227	8,303	8,379	8,683	8,546	8,330	7,036	5,779	5,774	5,619	6,541	6,732	7,351	7,914	7,332	6,247	5,081
Net Income	60,458	58,528	71,507	66,635	62,360	55,539	51,434	45,758	39,098	29,734	22,546	21,444	23,200	28,832	33,630	37,338	39,370	40,304	38,957	33,741
Net Income to Common	60,458	58,528	71,507	66,635	62,360	55,539	51,434	45,758	39,098	29,734	22,546	21,444	23,200	28,832	33,630	37,338	39,370	40,304	38,957	33,741
Net Income Growth	-3.05%	5.38%	39.03%	45.63%	59.50%	86.79%	128.13%	113.38%	68.53%	3.13%	-32.96%	-42.57%	-41.07%	-28.46%	-13.67%	10.66%	35.08%	59.46%	65.63%	60.99%
Shares Outstanding (Basic)	2,521	2,522	2,525	2,530	2,534	2,543	2,556	2,564	2,574	2,593	2,619	2,653	2,687	2,718	2,752	2,785	2,815	2,838	2,846	2,850
Shares Outstanding (Diluted)	2,574	2,586	2,595	2,605	2,614	2,623	2,637	2,636	2,629	2,631	2,640	2,666	2,702	2,741	2,783	2,824	2,859	2,883	2,891	2,892
Shares Change (YoY)	-1.53%	-1.40%	-1.59%	-1.18%	-0.57%	-0.29%	-0.11%	-1.10%	-2.70%	-4.00%	-5.16%	-5.61%	-5.49%	-4.93%	-3.72%	-2.33%	-1.00%	0.03%	0.45%	0.55%
EPS (Basic)	23.98	23.21	28.32	26.34	24.61	21.84	20.13	17.85	15.19	11.47	8.61	8.08	8.63	10.61	12.22	13.41	13.99	14.20	13.69	11.84
EPS (Diluted)	23.49	22.63	27.57	25.59	23.86	21.18	19.51	17.35	14.87	11.31	8.54	8.05	8.59	10.52	12.09	13.21	13.77	13.97	13.47	11.67
EPS Growth	-1.55%	6.88%	41.34%	47.45%	60.46%	87.26%	128.47%	115.50%	73.11%	7.50%	-29.40%	-39.06%	-37.62%	-24.72%	-10.20%	13.22%	36.47%	59.19%	64.67%	60.14%
Free Cash Flow	46,109	44,841	50,137	52,311	54,072	52,321	49,761	49,739	44,068	37,724	24,135	17,584	19,289	26,280	35,707	39,689	38,993	35,716	32,112	24,128
Free Cash Flow Per Share	17.91	17.34	19.32	20.08	20.69	19.95	18.87	18.87	16.76	14.34	9.14	6.60	7.14	9.59	12.83	14.05	13.64	12.39	11.11	8.34
Dividend Per Share	2.100	2.075	2.050	2.025	2.000	1.500	1.000	0.500	-	-	-	-	-	-	-	-	-	-	-	-
Dividend Growth	5.00%	38.33%	105.00%	305.00%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	82.00%	82.01%	81.97%	81.77%	81.66%	81.49%	81.47%	81.48%	80.76%	80.12%	79.45%	79.58%	79.63%	80.31%	80.47%	80.34%	80.79%	80.85%	80.98%	80.55%
Operating Margin	41.44%	43.43%	44.24%	43.15%	42.18%	40.65%	40.22%	38.52%	34.66%	33.50%	28.29%	28.02%	28.78%	29.74%	33.41%	36.69%	39.65%	41.79%	42.52%	40.42%
Profit Margin	30.08%	30.89%	39.99%	39.11%	37.91%	35.55%	34.34%	32.06%	28.98%	23.42%	18.71%	18.27%	19.90%	24.41%	28.16%	31.20%	33.38%	35.88%	37.18%	35.74%
Free Cash Flow Margin	22.94%	23.67%	28.04%	30.71%	32.87%	33.49%	33.22%	34.85%	32.67%	29.71%	20.03%	14.99%	16.54%	22.25%	29.90%	33.17%	33.06%	31.80%	30.64%	25.56%
EBITDA	101,892	99,891	95,772	89,472	84,820	77,717	73,290	67,004	57,929	52,907	43,795	41,933	42,241	43,454	48,033	52,050	54,720	54,759	52,079	45,393
EBITDA Margin	50.70%	52.73%	53.56%	52.52%	51.56%	49.75%	48.93%	46.95%	42.94%	41.67%	36.34%	35.73%	36.22%	36.79%	40.23%	43.50%	46.40%	48.75%	49.70%	48.09%
D&A For EBITDA	18,616	17,607	16,671	15,966	15,440	14,210	13,042	12,028	11,178	10,382	9,698	9,054	8,686	8,324	8,144	8,151	7,967	7,816	7,519	7,237
EBIT	83,276	82,284	79,101	73,506	69,380	63,507	60,248	54,976	46,751	42,525	34,097	32,879	33,555	35,130	39,889	43,899	46,753	46,943	44,560	38,156
EBIT Margin	41.44%	43.43%	44.24%	43.15%	42.18%	40.65%	40.22%	38.52%	34.66%	33.50%	28.29%	28.02%	28.78%	29.74%	33.41%	36.69%	39.65%	41.79%	42.52%	40.42%
Effective Tax Rate	29.64%	30.43%	10.94%	10.99%	11.75%	13.11%	14.44%	15.74%	17.56%	19.13%	20.40%	21.21%	19.50%	18.49%	16.68%	16.45%	16.74%	15.39%	13.82%	13.09%
Advertising Expenses	2,090	-	-	-	2,060	-	-	-	2,020	-	-	-	2,650	-	-	-	2,990	-	-	-

Updated Jan 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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