KPIs & Operating Metrics(New)
Growth Metrics

Meta Platforms (META) Cost Of Revenue (2016 - 2025)

Meta Platforms (META) has disclosed Cost of Revenue for 15 consecutive years, with $3.4 billion as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 84.54% to $3.4 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $12.0 billion through Dec 2025, down 69.49% year-over-year, with the annual reading at $12.0 billion for FY2025, 60.24% down from the prior year.
  • Cost of Revenue for Q4 2025 was $3.4 billion at Meta Platforms, up from $2.8 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $22.1 billion in Q4 2024, with the low at -$1.7 billion in Q4 2022.
  • Average Cost of Revenue over 5 years is $5.9 billion, with a median of $5.6 billion recorded in 2021.
  • The sharpest move saw Cost of Revenue plummeted 126.01% in 2022, then skyrocketed 1122.65% in 2023.
  • Over 5 years, Cost of Revenue stood at $6.3 billion in 2021, then tumbled by 126.01% to -$1.7 billion in 2022, then surged by 1122.65% to $16.9 billion in 2023, then surged by 30.62% to $22.1 billion in 2024, then plummeted by 84.54% to $3.4 billion in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $3.4 billion, $2.8 billion, and $3.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.