Meta Platforms (META) Net Margin (2011 - 2026)
Meta Platforms (META) posted quarterly Net Margin of 26.07% for Q2 2026, down 1253.0% year-over-year from 2.26% in Q2 2025, and down 45.18% quarter-over-quarter from 47.54% in Q1 2026.
Powered by 
Analysis
Meta Platforms (META) Net Margin (2011 - 2026) Analysis & Trends
Meta Platforms (META) has reported Net Margin for 16 consecutive years, with 26.07% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin fell 1253.0% year-over-year to 26.07%; the TTM figure through Jun 2026 stood at 29.84% (down 1016.0% YoY), while the FY2025 annual figure was 30.08%, down 782.0% from the prior year.
- Net Margin slipped to 26.07% in Q2 2026 per META's latest filing, from 47.54% in the prior quarter.
- Across five years, Net Margin topped out at 47.54% in Q1 2026 and bottomed at 5.29% in Q3 2025.
- Historically, Net Margin has averaged 29.91% across 5 years, with a median of 33.93% in 2023.
- Annual changes were most pronounced in 2023 — Net Margin soared 2048 bps — and 2025, when it sank 3336 bps.
- Meta Platforms' Net Margin stood at 14.47% in 2022, then jumped by 142 bps to 34.95% in 2023, then advanced by 23 bps to 43.07% in 2024, then slipped by 12 bps to 38.01% in 2025, then tumbled by 31 bps to 26.07% in 2026.
- Business Quant data shows META's Net Margin at 26.07% in Q2 2026, 47.54% in Q1 2026, and 38.01% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 26.07% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 11.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -2.47% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 31.41% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.33% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -3.96% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 19.99% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.07% |
| Mar 31, 2026 | 47.54% |
| Dec 31, 2025 | 38.01% |
| Sep 30, 2025 | 5.29% |
| Jun 30, 2025 | 38.59% |
| Mar 31, 2025 | 39.33% |
| Dec 31, 2024 | 43.07% |
| Sep 30, 2024 | 38.65% |
| Jun 30, 2024 | 34.46% |
| Mar 31, 2024 | 33.93% |
| Dec 31, 2023 | 34.95% |
| Sep 30, 2023 | 33.92% |
| Jun 30, 2023 | 24.34% |
| Mar 31, 2023 | 19.93% |
| Dec 31, 2022 | 14.47% |
| Sep 30, 2022 | 15.86% |
| Jun 30, 2022 | 23.20% |
| Mar 31, 2022 | 26.75% |
| Dec 31, 2021 | 30.55% |
| Sep 30, 2021 | 31.69% |