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.

Revenue
+26.1%
EPS
+257.4%
Free cash flow
−110.4%
Total debt
+180.6%

Quarter to September 2026, against a year earlier

619.23 14.15 +2.34%
Market cap
$1.55T
P/E
20.4×
Fwd P/E
21.1×
Dividend yield
0.35%
F-score
5/9
Altman Z
8.69
Beneish M
−3.03
Dividend safety
85/100

Meta Platforms, Inc. (META) Gross margin

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Meta Platforms, Inc.'s gross margin over the twelve months to 30 September 2026 was 81.0%, down 1.0 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 63.3% and above the Communication Services sector median of 51.3%.

Gross margin, annual

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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)
Sep 2026 79.3% (2.06)
Jun 2026 81.4% (0.48)
Mar 2026 81.9% 0.06
Dec 2025 81.8% (0.24)
43 more quarters

Against its own ten years

Low 78.4% High 86.6%
Ten-year median 81.9%
Current reading's percentile 33

Gross margin against peers

Company Gross margin
RDDT Reddit Inc. compare 91.6%
META Meta Platforms, Inc. 81.0%
PINS Pinterest, Inc. compare 79.0%
MTCH Match Group Inc. compare 75.8%
GOOGL Alphabet Inc. compare 60.9%
GOOG Alphabet Inc. compare 60.9%
SNAP Snap Inc. compare 59.1%
BIDU Baidu, Inc. compare 40.9%
SPOT Spotify Technology compare 33.1%
Internet Content & Information industry median 63.3%
Communication Services sector median 51.3%
Market median 45.1%

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

The full definition of Gross margin →

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