Meta Platforms (META) Cost of Revenue (2011 - 2026)
Meta Platforms (META) posted quarterly Cost of Revenue of $11.3 billion for Q2 2026, up 33.44% year-over-year from $8.5 billion in Q2 2025, and up 10.88% quarter-over-quarter from $10.2 billion in Q1 2026.
Meta Platforms (META) Cost of Revenue (2011 - 2026) Analysis & Trends
Meta Platforms (META) has reported Cost of Revenue for 16 consecutive years, with $11.3 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 33.44% year-over-year to $11.3 billion; the TTM figure through Jun 2026 stood at $41.7 billion (up 29.07% YoY), while the FY2025 annual figure was $36.2 billion, up 19.94% from the prior year.
- Cost of Revenue climbed to $11.3 billion in Q2 2026 per META's latest filing, from $10.2 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $11.3 billion in Q2 2026 and bottomed at $5.2 billion in Q2 2022.
- Historically, Cost of Revenue has averaged $7.7 billion across 5 years, with a median of $7.5 billion in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue fell 7.69% — and 2026, when it jumped 34.94%.
- Meta Platforms' Cost of Revenue stood at $8.3 billion in 2022, then dropped by 7.69% to $7.7 billion in 2023, then increased by 14.87% to $8.8 billion in 2024, then grew by 23.38% to $10.9 billion in 2025, then climbed by 3.89% to $11.3 billion in 2026.
- Business Quant data shows META's Cost of Revenue at $11.3 billion in Q2 2026, $10.2 billion in Q1 2026, and $10.9 billion in Q4 2025.
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