Meta Platforms (META) Gross Margin (2011 - 2026)
Meta Platforms' Gross Margin came in at 81.37% for Q2 2026, down 0.76 percentage points from 82.13% a year earlier and down 0.49 percentage points from the prior quarter.
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Analysis
Meta Platforms (META) Gross Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meta Platforms reported Gross Margin of 81.75%, down 0.20 percentage points year-over-year; for FY2025, it came in at 82.00%, up 0.33 percentage points from FY2024.
- Gross Margin has increased in each of the last three years, with a five-year change of +1.42 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 81.67% in FY2024 (+0.91 pp), 80.76% in FY2023 (+2.41 pp), 78.35% in FY2022 (-2.45 pp) and 80.79% in FY2021 (+0.21 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q2 2024.
- Year-over-year, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +0.17 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 6.73 percentage points), and the weakest in Q4 2022 (a drop of 7.06 percentage points).
- Business Quant data shows META's Gross Margin at 81.85% (Q1 2026), 81.79% (Q4 2025) and 82.03% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | - |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 57.06% |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 33.41% |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 82.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.37% |
| Mar 31, 2026 | 81.85% |
| Dec 31, 2025 | 81.79% |
| Sep 30, 2025 | 82.03% |
| Jun 30, 2025 | 82.13% |
| Mar 31, 2025 | 82.11% |
| Dec 31, 2024 | 81.73% |
| Sep 30, 2024 | 81.83% |
| Jun 30, 2024 | 81.30% |
| Mar 31, 2024 | 81.79% |
| Dec 31, 2023 | 80.82% |
| Sep 30, 2023 | 81.81% |
| Jun 30, 2023 | 81.42% |
| Mar 31, 2023 | 78.68% |
| Dec 31, 2022 | 74.08% |
| Sep 30, 2022 | 79.38% |
| Jun 30, 2022 | 81.99% |
| Mar 31, 2022 | 78.48% |
| Dec 31, 2021 | 81.15% |
| Sep 30, 2021 | 80.11% |
API Access
Meta Platforms Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "META", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();