Meta Platforms, Inc.
META Communication Services Internet Content & Information
Meta Platforms, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $201.0 billion, up 22.2% from fiscal 2024. In the quarter to June 2026, revenue grew 28.0%, EPS fell 14.4%, free cash flow fell 80.7% and total debt rose 190.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for three.
Follow META
Meta Platforms, Inc. (META) Gross margin
Meta Platforms, Inc.'s gross margin over the twelve months to 30 June 2026 was 81.8%, down 0.2 percentage points from fiscal 2025 (82.0%). Over the past ten years it has ranged from 78.4% (fiscal 2022) to 86.6% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Internet Content & Information industry median of 66.8% and above the Communication Services sector median of 53.1%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 82.0% | 0.33 |
| FY2024 | 81.7% | 0.91 |
| FY2023 | 80.8% | 2.41 |
| FY2022 | 78.4% | (2.44) |
| FY2021 | 80.8% | 0.21 |
| FY2020 | 80.6% | (1.36) |
| FY2019 | 81.9% | (1.31) |
| FY2018 | 83.3% | (3.33) |
| FY2017 | 86.6% | 0.29 |
| FY2016 | 86.3% | 2.28 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 81.4% | (0.48) |
| Mar 2026 | 81.9% | 0.06 |
| Dec 2025 | 81.8% | (0.24) |
| Sep 2025 | 82.0% | (0.10) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| RDDT Reddit Inc. compare | 91.4% |
| META Meta Platforms, Inc. | 81.8% |
| PINS Pinterest, Inc. compare | 79.5% |
| MTCH Match Group Inc. compare | 74.8% |
| GOOGL Alphabet Inc. compare | 60.9% |
| GOOG Alphabet Inc. compare | 60.9% |
| SNAP Snap Inc. compare | 57.3% |
| BIDU Baidu, Inc. compare | 40.9% |
| SPOT Spotify Technology compare | 32.8% |
| Internet Content & Information industry median | 66.8% |
| Communication Services sector median | 53.1% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on META
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement