KPIs & Operating Metrics(New)
Growth Metrics

Meta Platforms (META) Operating Expenses (2016 - 2025)

Meta Platforms (META) has disclosed Operating Expenses for 15 consecutive years, with $35.1 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 40.47% to $35.1 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $117.7 billion, a 23.73% increase, with the full-year FY2025 number at $117.7 billion, up 23.73% from a year prior.
  • Operating Expenses was $35.1 billion for Q4 2025 at Meta Platforms, up from $30.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $35.1 billion in Q4 2025 to a low of $14.8 billion in Q1 2021.
  • A 5-year average of $23.0 billion and a median of $22.6 billion in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: fell 7.91% in 2023, then soared 40.47% in 2025.
  • Meta Platforms' Operating Expenses stood at $21.1 billion in 2021, then grew by 22.2% to $25.8 billion in 2022, then decreased by 7.91% to $23.7 billion in 2023, then grew by 5.45% to $25.0 billion in 2024, then soared by 40.47% to $35.1 billion in 2025.
  • Per Business Quant, the three most recent readings for META's Operating Expenses are $35.1 billion (Q4 2025), $30.7 billion (Q3 2025), and $27.1 billion (Q2 2025).