Meta Platforms (META) EBITDA (2011 - 2026)
Meta Platforms (META) posted quarterly EBITDA of $18.8 billion for Q2 2026, down 8.15% year-over-year from $20.4 billion in Q2 2025, and down 17.91% quarter-over-quarter from $22.9 billion in Q1 2026.
Meta Platforms (META) EBITDA (2011 - 2026) Analysis & Trends
Meta Platforms (META) has reported EBITDA for 16 consecutive years, with $18.8 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, EBITDA fell 8.15% year-over-year to $18.8 billion; the TTM figure through Jun 2026 stood at $86.9 billion (up 10.44% YoY), while the FY2025 annual figure was $83.3 billion, up 20.03% from the prior year.
- EBITDA retreated to $18.8 billion in Q2 2026 per META's latest filing, from $22.9 billion in the prior quarter.
- Across five years, EBITDA topped out at $24.7 billion in Q4 2025 and bottomed at $5.7 billion in Q3 2022.
- Historically, EBITDA has averaged $15.0 billion across 5 years, with a median of $15.6 billion in 2023.
- Annual changes were most pronounced in 2022 — EBITDA tumbled 49.15% — and 2023, when it jumped 156.04%.
- Meta Platforms' EBITDA stood at $6.4 billion in 2022, then surged by 156.04% to $16.4 billion in 2023, then jumped by 42.6% to $23.4 billion in 2024, then climbed by 5.91% to $24.7 billion in 2025, then declined by 24.13% to $18.8 billion in 2026.
- Business Quant data shows META's EBITDA at $18.8 billion in Q2 2026, $22.9 billion in Q1 2026, and $24.7 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,322.94 Bn | 3,893.90 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,508.67 Bn | 1,418.41 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Baidu | 298.52 Bn | 295.97 Bn | 1.88 Mn | 877.00 Mn |
| 4 | Spotify Technology | 100.48 Bn | 90.25 Bn | 1.75 Bn | 1.24 Bn |
| 5 | Joyy | 78.32 Bn | 77.46 Bn | 205.64 Mn | 18.27 Mn |
| 6 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 102,075.00 |
| 7 | Nebius | 48.55 Bn | 38.93 Bn | 295.20 Mn | 129.50 Mn |
| 8 | 31.08 Bn | 28.30 Bn | 734.60 Mn | 231.72 Mn | |
| 9 | Tencent Music Entertainment | 29.33 Bn | 27.04 Bn | 514.00 Mn | 410.00 Mn |
| 10 | Kanzhun | 15.28 Bn | 13.18 Bn | 255.62 Bn | 90.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.78 Bn |
| Mar 31, 2026 | 22.87 Bn |
| Dec 31, 2025 | 24.75 Bn |
| Sep 30, 2025 | 20.54 Bn |
| Jun 30, 2025 | 20.44 Bn |
| Mar 31, 2025 | 17.56 Bn |
| Dec 31, 2024 | 23.36 Bn |
| Sep 30, 2024 | 17.35 Bn |
| Jun 30, 2024 | 14.85 Bn |
| Mar 31, 2024 | 13.82 Bn |
| Dec 31, 2023 | 16.38 Bn |
| Sep 30, 2023 | 13.75 Bn |
| Jun 30, 2023 | 9.39 Bn |
| Mar 31, 2023 | 7.23 Bn |
| Dec 31, 2022 | 6.40 Bn |
| Sep 30, 2022 | 5.66 Bn |
| Jun 30, 2022 | 8.36 Bn |
| Mar 31, 2022 | 8.52 Bn |
| Dec 31, 2021 | 12.59 Bn |
| Sep 30, 2021 | 10.42 Bn |