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

Meta Platforms (META) reported Operating Margin of 40.62% for Q1 2026, down 87.0% year-over-year from 312.44% in Q1 2025, and down 1.69% quarter-over-quarter from 41.32% in Q4 2025.

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

Meta Platforms (META) has 16 years of Operating Margin data on file, last reported at 40.62% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 40.62%, down 87.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.21% (down 171.0% YoY), and the FY2025 annual result was 41.44%, down 74.0% from the prior year.
  • Operating Margin declined to 40.62% in Q1 2026 per META's latest filing, from 41.32% in the prior quarter.
  • Over five years, Operating Margin peaked at 48.29% in Q4 2024 and troughed at 19.89% in Q4 2022.
  • A 5-year average of 35.82% and a median of 40.07% in 2025 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 1748 bps in 2022, then jumped 2095 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 19.89% in 2022, then jumped by 105 bps to 40.85% in 2023, then climbed by 18 bps to 48.29% in 2024, then decreased by 14 bps to 41.32% in 2025, then retreated by 2 bps to 40.62% in 2026.
  • Business Quant data shows META's Operating Margin at 40.62% in Q1 2026, 41.32% in Q4 2025, and 40.07% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -32.08%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 36.12%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 40.62%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 15.77%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 27.57%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -7.97%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 30.14%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 27.37%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -4.87%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 5.08%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 42.53%