Meta Platforms, Inc. (META) income statement
NASDAQ · Communication Services · Internet Content & Information · 66,775 employees · CEO Mark Elliot Zuckerberg
- Price
- $614.99 -1.53%
- Market cap
- $1.36T
- Enterprise value
- $1.46T
- Last report
- Q3 '26 filed 2026-10-22
- Next report
- 2027-01-27 EPS est. $8.35
Meta Platforms, Inc. (META) reported revenue of $64.6B for Q3 '26 (+26.1% year on year), operating income of $13B (20.1% of revenue) and net income of $9.86B. Over the last four quarters revenue was $242B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.1B | $36.5B | $39.1B | $40.6B | $48.4B | $42.3B | $47.5B | $51.2B | $59.9B | $56.3B | $60.8B | $64.6B | |
| Cost of revenue | $7.7B | $6.64B | $7.31B | $7.38B | $8.84B | $7.57B | $8.49B | $9.21B | $10.9B | $10.2B | $11.3B | $13.4B | |
| Gross profit | $32.4B | $29.8B | $31.8B | $33.2B | $39.5B | $34.7B | $39B | $42B | $49B | $46.1B | $49.5B | $51.2B | |
| Research & development | $10.5B | $9.98B | $10.5B | $11.2B | $12.2B | $12.2B | $12.9B | $15.1B | $17.1B | $17.7B | $21.7B | $20.1B | |
| Sales & marketing | $3.23B | $2.56B | $2.72B | $2.82B | $3.24B | $2.76B | $2.98B | $2.85B | $3.41B | $2.91B | $3.43B | $3.33B | |
| General & administrative | $2.29B | $3.46B | $3.66B | $1.87B | $762M | $2.28B | $2.66B | $3.51B | $3.7B | $2.61B | $5.61B | $14.9B | |
| Operating expenses | $16B | $16B | $16.9B | $15.9B | $16.2B | $17.2B | $18.6B | $21.5B | $24.2B | $23.2B | $30.7B | $38.2B | |
| Operating income | $16.4B | $13.8B | $14.8B | $17.4B | $23.4B | $17.6B | $20.4B | $20.5B | $24.7B | $22.9B | $18.8B | $13B | |
| Interest income | $588M | $585M | $540M | $661M | $731M | $658M | $481M | $359M | $1.16B | $744M | $859M | $0 | |
| Interest expense | $136M | $127M | $128M | $208M | $251M | $240M | $241M | $227M | $708M | $562M | $783M | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$559M | -$492M | -$387M | -$680M | -$439M | -$1.07B | -$334M | -$1.36B | -$1.32B | -$1.12B | $19M | -$13M | |
| Total non-operating income | $423M | $365M | $259M | $472M | $188M | $827M | $93M | $1.13B | $608M | -$1.12B | -$19M | $13M | |
| Income before tax | $16.8B | $14.2B | $15.1B | $17.8B | $23.6B | $18.4B | $20.5B | $21.7B | $25.4B | $21.8B | $18.8B | $13B | |
| Income tax | $2.79B | $1.81B | $1.64B | $2.13B | $2.71B | $1.74B | $2.2B | $19B | $2.59B | -$5.02B | $2.91B | $3.14B | |
| Net income | $14B | $12.4B | $13.5B | $15.7B | $20.8B | $16.6B | $18.3B | $2.71B | $22.8B | $26.8B | $15.8B | $9.86B | |
| EPS (basic) | $5.46 | $4.86 | $5.31 | $6.20 | $8.22 | $6.59 | $7.28 | $1.08 | $9.03 | $10.57 | $6.23 | $3.86 | |
| EPS (diluted) | $5.33 | $4.71 | $5.16 | $6.03 | $8.02 | $6.43 | $7.14 | $1.05 | $8.87 | $10.44 | $6.18 | $3.83 | |
| Shares (basic, weighted) | 2.57B | 2.55B | 2.53B | 2.53B | 2.53B | 2.53B | 2.52B | 2.52B | 2.52B | 2.53B | 2.54B | 2.55B | |
| Shares (diluted, weighted) | 2.63B | 2.63B | 2.61B | 2.6B | 2.61B | 2.59B | 2.57B | 2.57B | 2.57B | 2.56B | 2.57B | 2.57B | |
| Depreciation & amortization | $3.17B | $3.37B | $3.64B | $4.03B | $4.46B | $3.9B | $4.34B | $4.96B | $5.41B | $6B | $6.36B | $7.15B | |
| EBITDA | $20.1B | $17.7B | $18.9B | $22.1B | $28.3B | $22.5B | $25.1B | $26.9B | $31.5B | $30B | $25.1B | $20.2B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.6B | $40.7B | $55.8B | $70.7B | $86B | $118B | $117B | $135B | $165B | $201B | |
| Cost of revenue | $3.79B | $5.45B | $9.36B | $12.8B | $16.7B | $22.6B | $25.2B | $26B | $30.2B | $36.2B | |
| Gross profit | $23.8B | $35.2B | $46.5B | $57.9B | $69.3B | $95.3B | $91.4B | $109B | $134B | $165B | |
| Research & development | $5.92B | $7.75B | $10.3B | $13.6B | $18.4B | $24.7B | $35.3B | $38.5B | $43.9B | $57.4B | |
| Sales & marketing | $3.77B | $4.73B | $7.85B | $9.88B | $11.6B | $14B | $15.3B | $12.3B | $11.3B | $12B | |
| General & administrative | $1.73B | $2.52B | $3.45B | $10.5B | $6.56B | $9.83B | $11.8B | $11.4B | $9.74B | $12.2B | |
| Operating expenses | $11.4B | $15B | $21.6B | $33.9B | $36.6B | $48.5B | $62.4B | $62.2B | $65B | $81.5B | |
| Operating income | $12.4B | $20.2B | $24.9B | $24B | $32.7B | $46.8B | $28.9B | $46.8B | $69.4B | $83.3B | |
| Interest income | $176M | $398M | $652M | $904M | $672M | $484M | $461M | $1.64B | $2.52B | $2.12B | |
| Interest expense | $10M | $6M | $9M | $20M | $0 | $23M | $185M | $446M | $715M | $1.17B | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$397M | $0 | -$5B | $0 | -$554M | -$60M | -$1.12B | -$2B | -$2.66B | |
| Total non-operating income | $91M | $391M | $448M | $826M | $509M | $531M | -$125M | $677M | $1.28B | $2.66B | |
| Income before tax | $12.5B | $20.6B | $25.4B | $24.8B | $33.2B | $47.3B | $28.8B | $47.4B | $70.7B | $85.9B | |
| Income tax | $2.3B | $4.66B | $3.25B | $6.33B | $4.03B | $7.91B | $5.62B | $8.33B | $8.3B | $25.5B | |
| Net income | $10.2B | $15.9B | $22.1B | $18.5B | $29.1B | $39.4B | $23.2B | $39.1B | $62.4B | $60.5B | |
| EPS (basic) | $3.56 | $5.49 | $7.65 | $6.48 | $10.22 | $13.99 | $8.63 | $15.19 | $24.61 | $23.98 | |
| EPS (diluted) | $3.49 | $5.39 | $7.57 | $6.43 | $10.09 | $13.77 | $8.59 | $14.87 | $23.86 | $23.49 | |
| Shares (basic, weighted) | 2.92B | 2.95B | 2.89B | 2.85B | 2.85B | 2.82B | 2.69B | 2.57B | 2.53B | 2.52B | |
| Shares (diluted, weighted) | 2.93B | 2.96B | 2.92B | 2.88B | 2.89B | 2.86B | 2.7B | 2.63B | 2.61B | 2.57B | |
| Depreciation & amortization | $2.34B | $3.03B | $4.32B | $5.74B | $6.86B | $7.97B | $8.69B | $11.2B | $15.5B | $18.6B | |
| EBITDA | $14.8B | $23.6B | $29.2B | $34.7B | $39.5B | $55.3B | $37.7B | $59.1B | $86.9B | $105B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01