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

Meta Platforms has disclosed Operating Expenses across 16 years of filings, most recently posting $33.4 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 35.06% year-over-year to $33.4 billion; the TTM figure through Mar 2026 stood at $126.4 billion (up 29.95% YoY), while the FY2025 annual figure was $117.7 billion, up 23.73% from the prior year.
• Operating Expenses retreated to $33.4 billion in Q1 2026, from $35.1 billion in the prior quarter.
• Over the last five years, Operating Expenses for META reached as high as $35.1 billion in Q4 2025 and fell as low as $19.4 billion in Q1 2022.
• The 5-year median for Operating Expenses is $23.7 billion (2023), against an average of $24.8 billion.
• Annual changes were most pronounced in 2023 — Operating Expenses declined 7.91% — and 2025, when it soared 40.47%.
• A 5-year view of Operating Expenses shows it stood at $25.8 billion in 2022, then slipped by 7.91% to $23.7 billion in 2023, then rose by 5.45% to $25.0 billion in 2024, then surged by 40.47% to $35.1 billion in 2025, then retreated by 4.86% to $33.4 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $33.4 billion, $35.1 billion, and $30.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.