Meta Platforms, Inc. (META) Quarterly Income Statement

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Meta Platforms, Inc. (META) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

META Income Statement

Meta Platforms, Inc. (META) annual income statement — 16-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	64.6B	60.8B	56.31B	59.89B	51.24B	47.52B	42.31B	48.38B	40.59B	39.07B	36.45B	40.11B	34.15B	32B	28.64B	32.16B	27.71B	28.82B	27.91B	33.67B
Revenue Growth %	26.07%	27.96%	33.08%	23.79%	26.25%	21.61%	16.07%	20.63%	18.87%	22.1%	27.26%	24.7%	23.21%	11.02%	2.64%	-4.47%	-4.47%	-0.88%	6.64%	19.95%
Cost of Goods Sold	13.37B	11.33B	10.22B	10.91B	9.21B	8.49B	7.57B	8.84B	7.38B	7.31B	6.64B	7.7B	6.21B	5.95B	6.11B	8.34B	5.72B	5.19B	6B	6.35B
COGS % of Revenue	20.69%	18.63%	18.15%	18.21%	17.97%	17.87%	17.89%	18.27%	18.17%	18.7%	18.21%	19.18%	18.19%	18.58%	21.32%	25.92%	20.63%	18.01%	21.52%	18.85%
Gross Profit	51.23B	49.47B	46.09B	48.99B	42.04B	39.02B	34.74B	39.55B	33.21B	31.76B	29.82B	32.42B	27.94B	26.05B	22.54B	23.83B	22B	23.63B	21.9B	27.32B
Gross Margin %	79.31%	81.37%	81.85%	81.79%	82.03%	82.13%	82.11%	81.73%	81.83%	81.3%	81.79%	80.82%	81.81%	81.42%	78.68%	74.08%	79.38%	81.99%	78.48%	81.15%
Gross Profit Growth %	21.88%	26.77%	32.67%	23.88%	26.56%	22.86%	16.53%	22%	18.89%	21.91%	32.29%	36.04%	26.99%	10.26%	2.89%	-12.79%	-5.34%	-0.2%	4.1%	19.51%
Operating Expenses	38.24B	30.7B	23.22B	24.24B	21.5B	18.58B	17.19B	16.18B	15.86B	16.92B	16B	16.03B	14.19B	16.66B	15.31B	17.43B	16.33B	15.27B	13.38B	14.74B
OpEx % of Revenue	59.2%	50.49%	41.24%	40.48%	41.96%	39.11%	40.62%	33.44%	39.08%	43.3%	43.88%	39.97%	41.55%	52.07%	53.45%	54.19%	58.94%	52.99%	47.94%	43.77%
Selling, General & Admin	18.19B	9.04B	5.52B	7.11B	6.36B	5.64B	5.04B	4B	4.69B	6.38B	6.02B	5.51B	4.95B	7.32B	5.93B	7.66B	7.16B	6.58B	5.67B	7.69B
SG&A % of Revenue	28.16%	14.87%	9.81%	11.87%	12.41%	11.87%	11.9%	8.27%	11.55%	16.33%	16.51%	13.75%	14.49%	22.87%	20.7%	23.81%	25.85%	22.84%	20.32%	22.84%
Research & Development	20.05B	21.66B	17.7B	17.14B	15.14B	12.94B	12.15B	12.18B	11.18B	10.54B	9.98B	10.52B	9.24B	9.34B	9.38B	9.77B	9.17B	8.69B	7.71B	7.05B
R&D % of Revenue	31.04%	35.62%	31.43%	28.61%	29.55%	27.24%	28.71%	25.17%	27.54%	26.97%	27.37%	26.22%	27.06%	29.2%	32.75%	30.38%	33.09%	30.15%	27.62%	20.93%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	12.99B	18.77B	22.87B	24.75B	20.54B	20.44B	17.55B	23.36B	17.35B	14.85B	13.82B	16.38B	13.75B	9.39B	7.23B	6.4B	5.66B	8.36B	8.52B	12.59B
Operating Margin %	20.11%	30.88%	40.62%	41.31%	40.07%	43.02%	41.49%	48.29%	42.75%	38%	37.9%	40.85%	40.26%	29.35%	25.23%	19.89%	20.44%	29%	30.54%	37.38%
Operating Income Growth %	-36.75%	-8.15%	30.29%	5.91%	18.36%	37.68%	27.04%	42.6%	26.2%	58.08%	91.2%	156.04%	142.73%	12.37%	-15.22%	-49.15%	-45.66%	-32.42%	-25.08%	-1.49%
EBITDA	12.99B	18.76B	28.87B	30.16B	25.5B	24.78B	21.45B	27.82B	21.38B	18.48B	17.19B	19.56B	16.61B	12.02B	9.75B	8.78B	7.84B	10.34B	10.68B	14.6B
EBITDA Margin %	20.11%	30.85%	51.27%	50.35%	49.76%	52.16%	50.7%	57.51%	52.67%	47.31%	47.16%	48.75%	48.64%	37.55%	34.04%	27.28%	28.29%	35.87%	38.27%	43.36%
EBITDA Growth %	-49.06%	-24.32%	34.57%	8.38%	19.28%	34.08%	24.8%	42.28%	28.72%	53.84%	76.31%	122.86%	111.85%	16.23%	-8.7%	-39.89%	-36.87%	-27.98%	-20%	-0.27%
D&A (Non-Cash Add-back)	0	0	6B	5.41B	4.96B	4.34B	3.9B	4.46B	4.03B	3.64B	3.37B	3.17B	2.86B	2.62B	2.52B	2.38B	2.17B	1.98B	2.16B	2.01B
EBIT	0	18.76B	23.99B	26.06B	21.89B	20.77B	18.62B	23.8B	18.03B	15.23B	14.31B	16.94B	14.16B	9.41B	7.36B	6.26B	5.64B	8.19B	8.91B	12.7B
Net Interest Income	0	76M	182M	450M	132M	240M	418M	480M	453M	412M	458M	452M	395M	207M	138M	32M	77M	91M	76M	102M
Interest Income	0	859M	744M	1.16B	359M	481M	658M	731M	661M	540M	585M	588M	534M	323M	193M	142M	142M	96M	81M	102M
Interest Expense	13M	783M	562M	708M	227M	241M	240M	251M	208M	128M	127M	136M	139M	116M	55M	110M	65M	5M	5M	0
Other Income/Expense	13M	-19M	-1.12B	608M	1.13B	93M	827M	188M	472M	259M	365M	423M	272M	-99M	80M	-250M	-88M	-172M	384M	118M
Pretax Income	13B	18.76B	21.75B	25.35B	21.66B	20.53B	18.38B	23.55B	17.82B	15.11B	14.18B	16.81B	14.02B	9.29B	7.31B	6.15B	5.58B	8.19B	8.91B	12.7B
Pretax Margin %	20.13%	30.85%	38.63%	42.33%	42.28%	43.21%	43.44%	48.68%	43.91%	38.66%	38.91%	41.9%	41.06%	29.04%	25.51%	19.12%	20.12%	28.4%	31.92%	37.73%
Income Tax	3.14B	2.91B	-5.02B	2.58B	18.95B	2.2B	1.74B	2.71B	2.13B	1.64B	1.81B	2.79B	2.44B	1.5B	1.6B	1.5B	1.18B	1.5B	1.44B	2.42B
Effective Tax Rate %	24.16%	15.5%	-23.08%	10.2%	87.49%	10.7%	9.45%	11.52%	11.97%	10.86%	12.79%	16.6%	17.38%	16.19%	21.87%	24.33%	21.18%	18.31%	16.2%	19.03%
Net Income	9.86B	15.85B	26.77B	22.77B	2.71B	18.34B	16.64B	20.84B	15.69B	13.46B	12.37B	14.02B	11.58B	7.79B	5.71B	4.65B	4.39B	6.69B	7.46B	10.29B
Net Margin %	15.26%	26.07%	47.54%	38.01%	5.29%	38.59%	39.33%	43.07%	38.65%	34.46%	33.93%	34.95%	33.92%	24.34%	19.93%	14.47%	15.86%	23.2%	26.75%	30.55%
Net Income Growth %	263.97%	-13.57%	60.86%	9.26%	-82.73%	36.18%	34.56%	48.66%	35.44%	72.89%	116.66%	201.25%	163.55%	16.46%	-23.52%	-54.76%	-52.2%	-35.66%	-21.4%	-8.33%
Net Income (Continuing)	9.86B	15.85B	26.77B	22.77B	2.71B	18.34B	16.64B	20.84B	15.69B	13.46B	12.37B	14.02B	11.58B	7.79B	5.71B	4.65B	4.39B	6.69B	7.46B	10.29B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	3.83	6.18	10.44	8.87	1.05	7.14	6.43	8.02	6.03	5.16	4.71	5.33	4.39	2.98	2.20	1.76	1.64	2.46	2.72	3.68
EPS Growth %	264.76%	-13.45%	62.36%	10.6%	-82.59%	38.37%	36.52%	50.47%	37.36%	73.15%	114.09%	202.84%	167.68%	21.14%	-19.12%	-52.17%	-49.07%	-31.86%	-17.58%	-5.15%
EPS (Basic)	3.86	6.23	10.57	9.03	1.08	7.28	6.59	8.22	6.20	5.31	4.86	5.46	4.50	3.03	2.21	1.76	1.64	2.47	2.74	3.72
Diluted Shares Outstanding	2.57B	2.57B	2.56B	2.57B	2.57B	2.57B	2.59B	2.61B	2.6B	2.61B	2.63B	2.63B	2.64B	2.61B	2.6B	2.64B	2.69B	2.71B	2.74B	2.8B
Basic Shares Outstanding	2.55B	2.54B	2.53B	2.52B	2.52B	2.52B	2.53B	2.53B	2.53B	2.53B	2.54B	2.57B	2.58B	2.57B	2.59B	2.64B	2.68B	2.7B	2.73B	2.8B
Dividend Payout Ratio	-	8.54%	5.03%	5.88%	49.1%	7.24%	7.98%	6.09%	8.05%	9.4%	10.29%	-	-	-	-	-	-	-	-	-