Income Tax
Meta Platforms, Inc. Income Tax decreased by 294.2% to -$5.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 388.9%, from $1.74B to -$5.02B. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 33.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
income_tax_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.12B | $1.37B | $2.42B | $1.44B | $1.50B | $1.18B | $1.50B | $1.60B | $1.51B | $2.44B | $2.79B | $1.81B | $1.64B | $2.13B | $2.71B | $1.74B | $2.20B | $18.95B | $2.59B | -$5.02B |
| QoQ Change | — | -35.3% | +76.4% | -40.3% | +3.9% | -21.2% | +26.7% | +6.8% | -5.8% | +61.9% | +14.5% | -35.0% | -9.5% | +30.0% | +27.2% | -36.0% | +26.4% | +762.7% | -86.4% | -294.2% |
| YoY Change | — | — | — | — | -29.3% | -13.9% | -38.1% | +10.7% | +0.4% | +106.4% | +86.5% | +13.5% | +9.0% | -12.4% | -2.7% | -4.2% | +33.9% | +788.2% | -4.7% | -388.9% |
Income Tax at Other Companies
Frequently Asked Questions
- What is Meta Platforms, Inc.'s income tax?
- Meta Platforms, Inc. (META) reported income tax of -$5.02B in Q1 2026.
- How has Meta Platforms, Inc.'s income tax changed year-over-year?
- Meta Platforms, Inc.'s income tax decreased by 388.9% year-over-year, from $1.74B to -$5.02B.
- What is the long-term trend for Meta Platforms, Inc.'s income tax?
- Over 4 years (2021 to 2025), Meta Platforms, Inc.'s income tax has grown at a 33.9% compound annual growth rate (CAGR), from $7.91B to $25.48B.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.