Income StatementBalance SheetCash FlowSegments
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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$1.55T
P/E Ratio21.95
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$6.0B
Share-Based Compensation Expense$4.3B$4.1B$4.8B$5.6B$5.9B$6.0B
Depreciation and amortization$4.5B$3.9B$4.3B$5.0B$5.4B$6.0B
General and administrative$762.0M$2.3B$2.7B$3.5B$3.7B$2.6B
Stock-based compensation expense$4.3B$4.1B$4.8B$5.6B$5.9B$6.0B
Research and development$12.2B$12.2B$12.9B$15.1B$17.1B$17.7B
Selling and marketing$3.2B$2.8B$3.0B$2.8B$3.4B$2.9B
Share-Based Compensation$4.3B$4.1B$4.8B$5.6B$5.9B$6.0B
Total operating expenses$25.0B$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)—$96.0M$334.0M$23.0M$0.0$17.0M
Other non-cash income (expense)—$96.0M$334.0M$23.0M$0.0$17.0M
Other Non-Cash Income (Expense)—$96.0M$334.0M$23.0M$0.0$17.0M
Other income (expense), net$188.0M$827.0M$93.0M$1.1B$609.0M-$1.1B
Other Non-cash Income (Expense)—$96.0M$334.0M$23.0M$0.0$17.0M
Other Non-Cash Income (Expense)—$96.0M$334.0M$23.0M$0.0$17.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$14.4B$12.9B$16.5B$18.8B$21.4B$19.0B
Change in Accounts Receivable$3.0B-$2.8B——$2.5B-$2.1B
Income Taxes Paid, Net$2.2B$448.0M$5.1B$749.0M$1.3B$541.0M
Capital investments accrued but not yet paid—$9.3B$1.3B—$195.0M$16.0B
Deferred taxes—-$993.0M-$1.2B$19.9B—$123.0M
Income Taxes Paid, Net$2.2B$448.0M$5.1B$749.0M$1.3B$541.0M
Increase (Decrease) in Accounts Receivable$3.0B-$2.8B——$2.5B-$2.1B
Accrued liabilities$1.5B-$2.2B-$1.1B$455.0M$4.0B-$271.0M
Increase (Decrease) in Other Operating Assets$200.0M$52.0M$190.0M$0.0$272.0M$1.1B
Increase (Decrease) in Prepaid Expense and Other Assets$530.0M-$360.0M-$326.0M$1.0B—$2.4B
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$5.5B-$19.5B-$16.0B-$10.0B—-$6.6B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$21.5B-$20.0B-$26.0B-$21.8B-$34.2B-$33.7B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$28.0B$24.0B$25.6B$30.0B$36.2B$32.2B
Other Noncash Income (Expense)—$96.0M$334.0M$23.0M$0.0$17.0M
Payments to Acquire Property, Plant, and Equipment$14.4B$12.9B$16.5B$18.8B$21.4B$19.0B
Financing — other—$222.0M$101.0M$290.0M$1.6B$59.0M
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$6.0B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$2.2B$448.0M$5.1B$749.0M$1.3B$541.0M
Income Taxes Paid, Net$2.2B$448.0M$5.1B$749.0M$1.3B$541.0M
Income tax expense$2.7B$1.7B$2.2B$19.0B$2.6B-$5.0B
Income Taxes Paid, Net$2.2B$448.0M$5.1B$749.0M$1.3B$541.0M
Income and Other Taxes$2.2B$448.0M$5.1B$749.0M$1.3B$541.0M

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, basic—2.5B2.5B2.5B1M2.5B
Weighted-average shares, diluted—2.6B2.6B2.6B—2.6B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$39.5B$34.7B$39.0B$42.0B$49.0B$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