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 $21.2 billion as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 555.37% to $21.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $36.2 billion, a 218.81% increase, with the full-year FY2025 number at $36.2 billion, up 218.81% from a year prior.
  • Cost of Revenue was $21.2 billion for Q4 2025 at Meta Platforms, up from $9.2 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $21.2 billion in Q4 2025 to a low of -$2.3 billion in Q4 2021.
  • A 5-year average of $4.2 billion and a median of $3.2 billion in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: plummeted 168.82% in 2021, then skyrocketed 555.37% in 2025.
  • Meta Platforms' Cost of Revenue stood at -$2.3 billion in 2021, then increased by 26.88% to -$1.7 billion in 2022, then soared by 295.4% to $3.2 billion in 2023, then rose by 0.43% to $3.2 billion in 2024, then surged by 555.37% to $21.2 billion in 2025.
  • Per Business Quant, the three most recent readings for META's Cost of Revenue are $21.2 billion (Q4 2025), $9.2 billion (Q3 2025), and -$1.8 billion (Q2 2025).