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 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 77.17% | |
| 6 | 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| Date | Value |
|---|---|
| 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% |