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

Meta Platforms (META) has 16 years of Cost of Revenue data on file, last reported at $10.2 billion in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $10.2 billion, up 270.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.8 billion (up 50.61% YoY), and the FY2025 annual result was $12.0 billion, down 60.24% from the prior year.
• Cost of Revenue advanced to $10.2 billion in Q1 2026 per META's latest filing, from $3.4 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $16.9 billion in Q4 2023 and troughed at $2.7 billion in Q2 2024.
• A 5-year average of $5.3 billion and a median of $3.4 billion in 2025 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 302.57% in 2022, then plunged 61.42% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $4.6 billion in 2022, then surged by 269.13% to $16.9 billion in 2023, then tumbled by 47.65% to $8.8 billion in 2024, then sank by 61.42% to $3.4 billion in 2025, then jumped by 199.65% to $10.2 billion in 2026.
• Business Quant data shows META's Cost of Revenue at $10.2 billion in Q1 2026, $3.4 billion in Q4 2025, and $9.2 billion in Q3 2025.