Meta Platforms, Inc. (META) stock
METANasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31Also trades as METAM
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 22, 2026Score 21/308% below fair value
$623.61−5.16 (-0.82%)
Close on Nov 12, 2026Market cap $1.59TP/E 21.3Yield 0.34%
Meta Platforms gross margin
Gross margin is gross profit as a percentage of revenue.
Meta Platforms's gross margin for the twelve months ending Sep 30, 2026 was 81.0%. For fiscal 2025 it was 82.0%, against 81.7% the year before. The highest annual figure on record is 86.6% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 82.0% | +0.3 |
| FY2024 | Dec 31, 2024 | 81.7% | +0.9 |
| FY2023 | Dec 31, 2023 | 80.8% | +2.4 |
| FY2022 | Dec 31, 2022 | 78.3% | −2.4 |
| FY2021 | Dec 31, 2021 | 80.8% | +0.2 |
| FY2020 | Dec 31, 2020 | 80.6% | −1.4 |
| FY2019 | Dec 31, 2019 | 81.9% | −1.3 |
| FY2018 | Dec 31, 2018 | 83.2% | −3.3 |
| FY2017 | Dec 31, 2017 | 86.6% | +0.3 |
| FY2016 | Dec 31, 2016 | 86.3% | +2.3 |
| FY2015 | Dec 31, 2015 | 84.0% | +1.3 |
| FY2014 | Dec 31, 2014 | 82.7% | +6.5 |
| FY2013 | Dec 31, 2013 | 76.2% | +3.0 |
| FY2012 | Dec 31, 2012 | 73.2% | −3.6 |
| FY2011 | Dec 31, 2011 | 76.8% | +1.8 |
| FY2010 | Dec 31, 2010 | 75.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 79.3% | −2.7 |
| Q2 FY2026 | Jun 30, 2026 | 81.4% | −0.8 |
| Q1 FY2026 | Mar 31, 2026 | 81.9% | −0.3 |
| Q4 FY2025 | Dec 31, 2025 | 81.8% | +0.1 |
| Q3 FY2025 | Sep 30, 2025 | 82.0% | +0.2 |
| Q2 FY2025 | Jun 30, 2025 | 82.1% | +0.8 |
| Q1 FY2025 | Mar 31, 2025 | 82.1% | +0.3 |
| Q4 FY2024 | Dec 31, 2024 | 81.7% | +0.9 |
| Q3 FY2024 | Sep 30, 2024 | 81.8% | +0.0 |
| Q2 FY2024 | Jun 30, 2024 | 81.3% | −0.1 |
| Q1 FY2024 | Mar 31, 2024 | 81.8% | +3.1 |
| Q4 FY2023 | Dec 31, 2023 | 80.8% | +6.7 |
| Q3 FY2023 | Sep 30, 2023 | 81.8% | +2.4 |
| Q2 FY2023 | Jun 30, 2023 | 81.4% | −0.6 |
| Q1 FY2023 | Mar 31, 2023 | 78.7% | +0.2 |
| Q4 FY2022 | Dec 31, 2022 | 74.1% | −7.1 |
| Q3 FY2022 | Sep 30, 2022 | 79.4% | −0.7 |
| Q2 FY2022 | Jun 30, 2022 | 82.0% | +0.6 |
| Q1 FY2022 | Mar 31, 2022 | 78.5% | −1.9 |
| Q4 FY2021 | Dec 31, 2021 | 81.1% | −0.3 |
| Q3 FY2021 | Sep 30, 2021 | 80.1% | −0.4 |
| Q2 FY2021 | Jun 30, 2021 | 81.4% | +1.9 |
| Q1 FY2021 | Mar 31, 2021 | 80.4% | −0.1 |
| Q4 FY2020 | Dec 31, 2020 | 81.4% | −2.0 |
| Q3 FY2020 | Sep 30, 2020 | 80.5% | −1.7 |
| Q2 FY2020 | Jun 30, 2020 | 79.5% | −0.9 |
| Q1 FY2020 | Mar 31, 2020 | 80.5% | −0.8 |
| Q4 FY2019 | Dec 31, 2019 | 83.4% | −0.0 |
| Q3 FY2019 | Sep 30, 2019 | 82.1% | −0.3 |
| Q2 FY2019 | Jun 30, 2019 | 80.4% | −2.9 |
| Q1 FY2019 | Mar 31, 2019 | 81.3% | −2.6 |
| Q4 FY2018 | Dec 31, 2018 | 83.5% | −4.1 |
| Q3 FY2018 | Sep 30, 2018 | 82.4% | −3.6 |
| Q2 FY2018 | Jun 30, 2018 | 83.3% | −3.5 |
| Q1 FY2018 | Mar 31, 2018 | 83.9% | −1.7 |
| Q4 FY2017 | Dec 31, 2017 | 87.6% | −0.5 |
| Q3 FY2017 | Sep 30, 2017 | 86.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 86.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 85.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 88.1% | – |
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