Meta Platforms (META) Cost of Revenue (2011 - 2026)
Meta Platforms (META) posted Cost of Revenue of $11.33 billion for Q2 2026, up 33.4% from $8.49 billion a year earlier and up 10.9% from the prior quarter.
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Meta Platforms (META) Cost of Revenue (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Meta Platforms was $41.66 billion, up 29.1% year-over-year; for FY2025, it was $36.18 billion, up 19.9% from FY2024.
- Annual Cost of Revenue has increased for 15 consecutive years, with a five-year compound annual growth rate of 16.7% (FY2020 to FY2025).
- In prior years, Meta Platforms' Cost of Revenue was $30.16 billion in FY2024 (+16.2%), $25.96 billion in FY2023 (+2.8%), $25.25 billion in FY2022 (+11.5%) and $22.65 billion in FY2021 (+35.7%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue in data going back to Q2 2011.
- On a year-over-year basis, Cost of Revenue has increased in each of the last ten quarters, with growth averaging 22.6% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2021, with growth of 37.6%; the weakest was Q4 2023, with a decline of 7.7%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $10.22 billion (Q1 2026), $10.91 billion (Q4 2025) and $9.21 billion (Q3 2025).
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Meta Platforms Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "META", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();