Meta Platforms (META) Net Margin (2011 - 2026)
Meta Platforms (META) recorded Net Margin of 26.07% in Q2 2026, down 12.53 percentage points from 38.59% a year earlier and down 21.48 percentage points from the prior quarter.
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Analysis
Meta Platforms (META) Net Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Meta Platforms' Net Margin came in at 29.84% as of Jun 30, 2026, down 10.16 percentage points year-over-year; for FY2025, it was 30.08%, down 7.82 percentage points from FY2024.
- Annual Net Margin has a five-year change of -3.82 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 37.91% in FY2024 (+8.93 pp), 28.98% in FY2023 (+9.09 pp), 19.90% in FY2022 (-13.49 pp) and 33.38% in FY2021 (-0.52 pp).
- Quarterly Net Margin has ranged from 5.29% in Q3 2025 to 47.54% in Q1 2026 over the past five years.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of -2.54 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 20.48 percentage points in Q4 2023, against a drop of 33.36 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 47.54% (Q1 2026), 38.01% (Q4 2025) and 5.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 26.52% |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 25.36% |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 11.41% |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 22.62% |
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% |
API Access
Meta Platforms Net 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=net-margin&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();