Meta Platforms (META) Cost of Revenue (2011 - 2026)

Meta Platforms (META) has reported Cost of Revenue for 16 consecutive years, with $11.3 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 33.44% year-over-year to $11.3 billion in Q2 2026; TTM through Jun 2026 was $41.7 billion, a 29.07% increase from a year earlier, with the FY2025 full-year figure at $36.2 billion, up 19.94% from the prior year.
• Cost of Revenue was $11.3 billion for Q2 2026 at Meta Platforms, up from $10.2 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $11.3 billion in Q2 2026 and troughed at $5.2 billion in Q2 2022.
• A 5-year average of $7.7 billion and a median of $7.5 billion in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue declined 7.69% in 2023 and soared 34.94% in 2026, its largest moves.
• Over 5 years, Cost of Revenue stood at $8.3 billion in 2022, then decreased by 7.69% to $7.7 billion in 2023, then climbed by 14.87% to $8.8 billion in 2024, then advanced by 23.38% to $10.9 billion in 2025, then gained by 3.89% to $11.3 billion in 2026.
• The last three Cost of Revenue figures came in at $11.3 billion (Q2 2026), $10.2 billion (Q1 2026), and $10.9 billion (Q4 2025), per Business Quant data.