Meta Platforms META
NASDAQ META
$665.75 -16.56 (-2.43%)
At close: Sep 18, 2026 · 4:00 PM EDT

Meta Platforms (META) Operating Expenses (2011 - 2026)

Meta Platforms' (META) quarterly Operating Expenses came in at $42.0 billion in Q2 2026, up 55.22% year-over-year from $27.1 billion in Q2 2025, and up 25.68% quarter-over-quarter from $33.4 billion in Q1 2026.

Analysis

Meta Platforms (META) Operating Expenses (2011 - 2026) Analysis & Trends

Meta Platforms (META) has reported Operating Expenses for 16 consecutive years, with $42.0 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 55.22% year-over-year to $42.0 billion in Q2 2026; TTM through Jun 2026 was $141.3 billion, a 41.19% increase from a year earlier, with the FY2025 full-year figure at $117.7 billion, up 23.73% from the prior year.
  • Operating Expenses was $42.0 billion for Q2 2026 at Meta Platforms, up from $33.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $42.0 billion in Q2 2026 and troughed at $19.4 billion in Q1 2022.
  • A 5-year average of $25.8 billion and a median of $24.0 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses dropped 7.91% in 2023 and jumped 55.22% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $25.8 billion in 2022, then decreased by 7.91% to $23.7 billion in 2023, then increased by 5.45% to $25.0 billion in 2024, then jumped by 40.47% to $35.1 billion in 2025, then advanced by 19.57% to $42.0 billion in 2026.
  • The last three Operating Expenses figures came in at $42.0 billion (Q2 2026), $33.4 billion (Q1 2026), and $35.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Meta Platforms 1,696.33 Bn 1,606.07 Bn 49.47 Bn 42.03 Bn
2 Reddit 29.01 Bn 26.23 Bn 734.60 Mn 573.19 Mn
3 Bilibili 12.48 Bn 10.34 Bn 433.97 Mn -379.21 Mn
4 Pinterest 10.51 Bn 9.24 Bn 922.30 Mn 1.23 Bn
5 Match 9.93 Bn 9.35 Bn 648.84 Mn 607.66 Mn
6 Snap 9.56 Bn 6.90 Bn 931.11 Mn 1.77 Bn
7 Rum 5.38 Bn 5.26 Bn - 111.15 Mn
8 Sound 4.72 Bn 4.61 Bn - -
9 Joyy 4.14 Bn 3.82 Bn 201.60 Mn -188.24 Mn
10 Grindr 2.68 Bn 2.67 Bn 103.57 Mn 105.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 42.03 Bn
Mar 31, 2026 33.44 Bn
Dec 31, 2025 35.15 Bn
Sep 30, 2025 30.71 Bn
Jun 30, 2025 27.08 Bn
Mar 31, 2025 24.76 Bn
Dec 31, 2024 25.02 Bn
Sep 30, 2024 23.24 Bn
Jun 30, 2024 24.22 Bn
Mar 31, 2024 22.64 Bn
Dec 31, 2023 23.73 Bn
Sep 30, 2023 20.40 Bn
Jun 30, 2023 22.61 Bn
Mar 31, 2023 21.42 Bn
Dec 31, 2022 25.77 Bn
Sep 30, 2022 22.05 Bn
Jun 30, 2022 20.46 Bn
Mar 31, 2022 19.38 Bn
Dec 31, 2021 21.09 Bn
Sep 30, 2021 18.59 Bn