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

617.90 12.82 +2.12%
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) Operating margin

Alert me on Operating margin

Meta Platforms, Inc.'s operating margin over the twelve months to 30 September 2026 was 32.9%, down 8.6 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 −1.87% and above the Communication Services sector median of 0.94%.

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)
Sep 2026 20.1% (10.78)
Jun 2026 30.9% (9.74)
Mar 2026 40.6% (0.69)
Dec 2025 41.3% 1.24
43 more quarters

Against its own ten years

Low 24.8% High 49.7%
Ten-year median 39.7%
Current reading's percentile 14

Operating margin against peers

Company Operating margin
GOOGL Alphabet Inc. compare 33.3%
GOOG Alphabet Inc. compare 33.3%
META Meta Platforms, Inc. 32.9%
MTCH Match Group Inc. compare 29.7%
RDDT Reddit Inc. compare 29.4%
SPOT Spotify Technology compare 14.6%
PINS Pinterest, Inc. compare 4.19%
SNAP Snap Inc. compare −1.81%
BIDU Baidu, Inc. compare −5.36%
Internet Content & Information industry median −1.87%
Communication Services sector median 0.94%
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

The full definition of Operating margin →

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