Discontinued — last reported Q4 '25
Meta Platforms, Inc. Total Operating Expenses increased by 13.4% to $30.71B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 32.1%, from $23.24B to $30.71B. Over 3 years (FY 2021 to FY 2024), Total Operating Expenses shows an upward trend with a 10.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.71B | $18.59B | $21.09B | $19.38B | $20.46B | $22.05B | $25.77B | $21.42B | $22.61B | $20.40B | $23.73B | $22.64B | $24.22B | $23.24B | $25.02B | $24.76B | $27.08B | $30.71B |
| QoQ Change | — | +11.2% | +13.4% | -8.1% | +5.6% | +7.8% | +16.9% | -16.9% | +5.6% | -9.8% | +16.3% | -4.6% | +7.0% | -4.1% | +7.7% | -1.0% | +9.4% | +13.4% |
| YoY Change | — | — | — | — | +22.5% | +18.6% | +22.2% | +10.5% | +10.5% | -7.5% | -7.9% | +5.7% | +7.2% | +13.9% | +5.4% | +9.4% | +11.8% | +32.1% |
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