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?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Meta Platforms, Inc. META Income Tax

Income Tax at other companies

AppleAAPL

$6.26B+38.1%

Stagwell Inc.STGW

-$2.89M-268%

Match GroupMTCH

$33.69M+50.5%

VeriSignVRSN

$64.9M+9.8%

AmazonAMZN

$9.56B+110%

Nexstar Media Group, Inc.NXST

-$7M-117%

Other financials

Income statement

See full

Revenue$56.3B+33.1%

Gross profit$46.1B+32.7%

Operating income$22.9B+30.3%

Net income$26.8B+60.9%

EPS (diluted)$10.44+62.4%

Balance sheet

See full

Cash & equivalents$31.1B+3.4%

Total debt$86.8B+75.2%

Total equity$243.68B+31.7%

Total assets$395.25B+41.1%

Cash flow

See full

Operating cash flow$32.2B+34.1%

CapEx$19.0B+46.8%

Free cash flow$13.2B+19.3%

Valuation

See full

Market cap$1.38T-19.7%

Enterprise value$1.43T-17.4%

P/E19.5×-6.2×

P/S6.4×-3.7×

Profitability

See full

Gross margin81.9%+0.2pp

Operating margin41.2%-1.7pp

Net margin32.8%-6.3pp

FCF margin22.4%-8.3pp

Returns & leverage

See full

Return on equity32.9%-6.9pp

Debt / equity0.4×+0.1×

Current ratio2.3×-0.3×

Where this comes from

Reported directly by Meta Platforms, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Meta Platforms, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Meta Platforms, Inc.'s income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

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?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.