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
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Meta Platforms, Inc. (META) Gross margin
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 | Free account |
Against its own ten years
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
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