Meta Platforms profit margin META
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 31.1%
- Operating margin, 12 months
- 32.9%
- Net margin on a year earlier
- +0.3 pts
- Peer median
- 20.7%
Over the twelve months to Sep 30, 2026, Meta Platforms kept 31.1% of its revenue as net profit, with an operating margin of 32.9%.
Five years earlier its net margin was 35.9%.
The median for 4 communication services stocks of a similar size is 20.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 30.1% | 41.4% | 82.0% |
| FY2024 | 37.9% | 42.2% | 81.7% |
| FY2023 | 29.0% | 34.7% | 80.8% |
| FY2022 | 19.9% | 24.8% | 78.3% |
| FY2021 | 33.4% | 39.6% | 80.8% |
| FY2020 | 33.9% | 38.0% | 80.6% |
| FY2019 | 26.1% | 33.9% | 81.9% |
| FY2018 | 39.6% | 44.6% | 83.2% |
| FY2017 | 39.2% | 49.7% | 86.6% |
| FY2016 | 37.0% | 45.0% | 86.3% |
| FY2015 | 20.6% | 34.7% | 84.0% |
| FY2014 | 23.6% | 40.1% | 82.7% |
| FY2013 | 19.1% | 35.6% | 76.2% |
| FY2012 | 1.0% | 10.6% | 73.2% |
| FY2011 | 26.9% | 47.3% | 76.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 31.1% | +0.3 pts | 32.9% | |
| Q2 FY26 | 29.8% | −10.2 pts | 38.1% | |
| Q1 FY26 | 32.8% | −6.3 pts | 41.2% | |
| Q4 FY25 | 30.1% | −7.8 pts | 41.4% | |
| Q3 FY25 | 30.9% | −4.7 pts | 43.2% | |
| Q2 FY25 | 40.0% | +5.7 pts | 44.0% | |
| Q1 FY25 | 39.1% | +7.1 pts | 42.9% | |
| Q4 FY24 | 37.9% | +8.9 pts | 42.2% | |
| Q3 FY24 | 35.6% | +12.1 pts | 39.9% | |
| Q2 FY24 | 34.3% | +15.6 pts | 39.3% | |
| Q1 FY24 | 32.1% | +13.8 pts | 37.4% | |
| Q4 FY23 | 29.0% | +9.1 pts | 34.7% |
Against its peers
Companies in Communication Services nearest Meta Platforms' size, closest first, today.
| Company | Profit margin |
|---|---|
| METAMeta Platforms | 31.1% |
| GOOGAlphabet | 54.8% |
| NFLXNetflix | 29.7% |
| DISWalt Disney | 8.7% |
| VZVerizon Communications | 11.6% |
| Peer median | 20.7% |
Where Meta Platforms ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Meta Platforms
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.