Meta Platforms META
NASDAQ META
$572.48 -5.54 (-0.96%)
As of: Aug 31, 2026 · 3:59 PM EDT

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

Meta Platforms (META) posted quarterly Operating Margin of 30.88% for Q2 2026, down 1214.0% year-over-year from 2.77% in Q2 2025, and down 23.97% quarter-over-quarter from 40.62% in Q1 2026.

Analysis

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

Meta Platforms (META) has reported Operating Margin for 16 consecutive years, with 30.88% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Operating Margin fell 1214.0% year-over-year to 30.88%; the TTM figure through Jun 2026 stood at 38.08% (down 594.0% YoY), while the FY2025 annual figure was 41.44%, down 74.0% from the prior year.
  • Operating Margin declined to 30.88% in Q2 2026 per META's latest filing, from 40.62% in the prior quarter.
  • Across five years, Operating Margin topped out at 48.29% in Q4 2024 and bottomed at 19.89% in Q4 2022.
  • Historically, Operating Margin has averaged 35.55% across 5 years, with a median of 39.04% in 2024.
  • Annual changes were most pronounced in 2022 — Operating Margin tumbled 1748 bps — and 2023, when it jumped 2095 bps.
  • Meta Platforms' Operating Margin stood at 19.89% in 2022, then surged by 105 bps to 40.85% in 2023, then grew by 18 bps to 48.29% in 2024, then slipped by 14 bps to 41.32% in 2025, then slipped by 25 bps to 30.88% in 2026.
  • Business Quant data shows META's Operating Margin at 30.88% in Q2 2026, 40.62% in Q1 2026, and 41.32% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 34.03%
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 30.88%
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 21.88%
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn -30.21%
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 28.79%
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn 4.70%
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn -4.68%
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 28.77%
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn -10.68%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 30.88%
Mar 31, 2026 40.62%
Dec 31, 2025 41.32%
Sep 30, 2025 40.07%
Jun 30, 2025 43.02%
Mar 31, 2025 41.49%
Dec 31, 2024 48.29%
Sep 30, 2024 42.75%
Jun 30, 2024 38.00%
Mar 31, 2024 37.90%
Dec 31, 2023 40.85%
Sep 30, 2023 40.26%
Jun 30, 2023 29.35%
Mar 31, 2023 25.23%
Dec 31, 2022 19.89%
Sep 30, 2022 20.44%
Jun 30, 2022 29.00%
Mar 31, 2022 30.54%
Dec 31, 2021 37.38%
Sep 30, 2021 35.93%