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.
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Meta Platforms, Inc. (META) Operating margin
Meta Platforms, Inc.'s operating margin over the twelve months to 30 June 2026 was 38.1%, down 3.4 percentage points from fiscal 2025 (41.4%). Over the past ten years it has ranged from 24.8% (fiscal 2022) to 49.7% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Internet Content & Information industry median of −3.41% and above the Communication Services sector median of 0.35%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 41.4% | (0.74) |
| FY2024 | 42.2% | 7.52 |
| FY2023 | 34.7% | 9.84 |
| FY2022 | 24.8% | (14.83) |
| FY2021 | 39.7% | 1.64 |
| FY2020 | 38.0% | 4.08 |
| FY2019 | 33.9% | (10.69) |
| FY2018 | 44.6% | (5.08) |
| FY2017 | 49.7% | 4.74 |
| FY2016 | 45.0% | 10.24 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 30.9% | (9.74) |
| Mar 2026 | 40.6% | (0.69) |
| Dec 2025 | 41.3% | 1.24 |
| Sep 2025 | 40.1% | (2.95) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| META Meta Platforms, Inc. | 38.1% |
| GOOGL Alphabet Inc. compare | 33.1% |
| GOOG Alphabet Inc. compare | 33.1% |
| RDDT Reddit Inc. compare | 28.3% |
| MTCH Match Group Inc. compare | 28.2% |
| SPOT Spotify Technology compare | 14.6% |
| PINS Pinterest, Inc. compare | 4.92% |
| SNAP Snap Inc. compare | −5.10% |
| BIDU Baidu, Inc. compare | −5.36% |
| Internet Content & Information industry median | −3.41% |
| Communication Services sector median | 0.35% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on META
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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