Tax
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
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
income_tax_expenseHistorical Data
20 periods
| 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% | -4.8% | -388.9% |
Range-$5.02B – $18.95B
CAGR+19.9%
Avg YoY Growth+34.6%
Median YoY Growth-1.2%
Current Streak2 quarters decline
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 $25.47B.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.