Meta Platforms (META) Gross Margin (2011 - 2026)

Meta Platforms (META) reported Gross Margin of 81.85% for Q1 2026, down 1163.0% year-over-year from 7.7% in Q1 2025, and down 13.2% quarter-over-quarter from 94.31% in Q4 2025.

Meta Platforms (META) Gross Margin (2011 - 2026) Analysis & Trends

Meta Platforms (META) has 16 years of Gross Margin data on file, last reported at 81.85% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 81.85%, down 1163.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 87.99% (down 195.0% YoY), and the FY2025 annual result was 94.03%, up 1237.0% from the prior year.
  • Gross Margin declined to 81.85% in Q1 2026 per META's latest filing, from 94.31% in the prior quarter.
  • Over five years, Gross Margin peaked at 94.31% in Q4 2025 and troughed at 57.91% in Q4 2023.
  • A 5-year average of 86.58% and a median of 88.13% in 2022 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin sank 2787 bps in 2023, then surged 2383 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 85.78% in 2022, then sank by 32 bps to 57.91% in 2023, then jumped by 41 bps to 81.73% in 2024, then rose by 15 bps to 94.31% in 2025, then fell by 13 bps to 81.85% in 2026.
  • Business Quant data shows META's Gross Margin at 81.85% in Q1 2026, 94.31% in Q4 2025, and 82.03% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 73.98%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 93.08%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 81.85%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 32.98%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 77.17%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 76.32%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 85.23%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 75.62%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 84.37%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 73.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 81.85%
Dec 31, 2025 94.31%
Sep 30, 2025 82.03%
Jun 30, 2025 93.73%
Mar 31, 2025 93.48%
Dec 31, 2024 81.73%
Sep 30, 2024 93.05%
Jun 30, 2024 93.04%
Mar 31, 2024 81.79%
Dec 31, 2023 57.91%
Sep 30, 2023 91.57%
Jun 30, 2023 90.14%
Mar 31, 2023 89.37%
Dec 31, 2022 85.78%
Sep 30, 2022 86.36%
Jun 30, 2022 87.53%
Mar 31, 2022 88.13%
Dec 31, 2021 106.71%
Sep 30, 2021 80.11%
Jun 30, 2021 88.79%