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Meta Platforms, Inc. logo

Meta Platforms, Inc. Income Statement

Revenue, expenses, and profitability over time

Meta Platforms, Inc. generated $214.96B in trailing twelve-month revenue, up 0.3% year-over-year. Net income was $70.6B with a 32.84% net margin. Gross margin stands at 81.94% and operating margin at 41.21%. Diluted EPS is $27.50, which grew 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$214.96BGross Profit (TTM)$176.14BOperating Income (TTM)$88.6BNet Income (TTM)$70.6BEps Diluted (TTM)$27.50
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$1.44T
P/E Ratio20.44
ROE32.93%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$4.3B$4.1B$4.8B$5.6B$5.9B$6B
Share-Based Compensation Expense$4.3B$4.1B$4.8B$5.6B$5.9B$6B
Depreciation and amortization$4.5B$3.9B$4.3B$5B$5.4B$6B
General and administrative$762M$2.3B$2.7B$3.5B$3.7B$2.6B
Stock-based compensation expense$4.3B$4.1B$4.8B$5.6B$5.9B$6B
Research and development$12.2B$12.2B$12.9B$15.1B$17.1B$17.7B
Selling and marketing$3.2B$2.8B$3B$2.8B$3.4B$2.9B
Share-Based Compensation$4.3B$4.1B$4.8B$5.6B$5.9B$6B
Total operating expenses$25B$24.8B$27.1B$30.7B$35.1B$33.4B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)—$96M$334M$23M$0$17M
Other non-cash income (expense)—$96M$334M$23M$0$17M
Other Non-Cash Income (Expense)—$96M$334M$23M$0$17M
Other income (expense), net$188M$827M$93M$1.1B$609M-$1.1B
Other Non-cash Income (Expense)—$96M$334M$23M$0$17M
Other Non-Cash Income (Expense)—$96M$334M$23M$0$17M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$14.4B$12.9B$16.5B$18.8B$21.4B$19B
Change in Accounts Receivable$3B-$2.8B——$2.5B-$2.1B
Income Taxes Paid, Net$2.2B$448M$5.1B$749M$1.3B$541M
Capital investments accrued but not yet paid—$9.3B$1.3B—$195M$16B
Deferred taxes—-$993M-$1.2B$19.9B—$123M
Income Taxes Paid, Net$2.2B$448M$5.1B$749M$1.3B$541M
Increase (Decrease) in Accounts Receivable$3B-$2.8B——$2.5B-$2.1B
Accrued liabilities$1.5B-$2.2B-$1.1B$455M$4B-$271M
Increase (Decrease) in Other Operating Assets$200M$52M$190M$0$272M$1.1B
Increase (Decrease) in Prepaid Expense and Other Assets$530M-$360M-$326M$1B—$2.4B
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$5.5B-$19.5B-$16B-$10B—-$6.6B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$21.5B-$20B-$26B-$21.8B-$34.2B-$33.7B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$28B$24B$25.6B$30B$36.2B$32.2B
Other Noncash Income (Expense)—$96M$334M$23M$0$17M
Payments to Acquire Property, Plant, and Equipment$14.4B$12.9B$16.5B$18.8B$21.4B$19B
Financing — other—$222M$101M$290M$1.6B$59M
Revenue From Contract With Customer Excluding Assessed Tax$48.4B$42.3B$47.5B$51.2B$59.9B$56.3B
Stock-based compensation$4.3B$4.1B$4.8B$5.6B$5.9B$6B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$2.2B$448M$5.1B$749M$1.3B$541M
Income Taxes Paid, Net$2.2B$448M$5.1B$749M$1.3B$541M
Income tax expense$2.7B$1.7B$2.2B$19B$2.6B-$5B
Income Taxes Paid, Net$2.2B$448M$5.1B$749M$1.3B$541M
Income and Other Taxes$2.2B$448M$5.1B$749M$1.3B$541M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$8.24$6.59$7.28$1.08$9.02$10.57
Diluted earnings per share$7.98$6.43$7.14$1.05$8.87$10.44
Weighted-average shares, basic2.5B2.5B2.5B2.5B2.5B2.5B
Weighted-average shares, diluted2.6B2.6B2.6B2.6B2.6B2.6B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$39.5B$34.7B$39B$42B$49B$46.1B
Operating income$23.4B$17.6B$20.4B$20.5B$24.7B$22.9B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$23.6B$18.4B$20.5B$21.7B$25.4B$21.8B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$20.8B$16.6B$18.3B$2.7B$22.8B$26.8B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$8.8B$7.6B$8.5B$9.2B$10.9B$10.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$48.4B$42.3B$47.5B$51.2B$59.9B$56.3B