Discontinued — last reported Q4 '25
Total Cost of Revenue
Cost of RevenueMeta Platforms, Inc. Total Cost of Revenue increased by 8.4% to $9.21B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.8%, from $7.38B to $9.21B. Over 3 years (FY 2021 to FY 2024), Total Cost of Revenue shows an upward trend with a 10.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests declining efficiency or rising input costs, whereas a decrease suggests better operational scaling.
Detailed definition
The direct costs associated with producing and delivering the goods and services sold by the company. This typically inc...
Peer comparison
Cloud-heavy companies monitor this closely as a measure of data center and infrastructure efficiency.
is_total_cost_of_revenueHistorical Data
| 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 | $5.40B | $5.77B | $6.35B | $6.01B | $5.19B | $5.72B | $8.34B | $6.11B | $5.95B | $6.21B | $7.70B | $6.64B | $7.31B | $7.38B | $8.84B | $7.57B | $8.49B | $9.21B |
| QoQ Change | — | +6.9% | +10.0% | -5.4% | -13.5% | +10.1% | +45.8% | -26.7% | -2.7% | +4.5% | +23.9% | -13.7% | +10.1% | +0.9% | +19.8% | -14.3% | +12.1% | +8.4% |
| YoY Change | — | — | — | — | -3.8% | -1.0% | +31.3% | +1.7% | +14.5% | +8.6% | -7.7% | +8.7% | +22.9% | +18.8% | +14.8% | +14.0% | +16.2% | +24.8% |
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Meta Platforms, Inc.'s total cost of revenue?
- Meta Platforms, Inc. (META) reported total cost of revenue of $9.21B in Q3 2025.
- How has Meta Platforms, Inc.'s total cost of revenue changed year-over-year?
- Meta Platforms, Inc.'s total cost of revenue increased by 24.8% year-over-year, from $7.38B to $9.21B.
- What is the long-term trend for Meta Platforms, Inc.'s total cost of revenue?
- Over 3 years (2021 to 2024), Meta Platforms, Inc.'s total cost of revenue has grown at a 10.0% compound annual growth rate (CAGR), from $22.65B to $30.16B.
- What does total cost of revenue mean?
- The direct expenses a company pays to create and deliver what it sells.