Meta Platforms (META) Operating Margin (2016 - 2026)
On a quarterly basis, Operating Margin fell 87.0% to 40.62% in Q1 2026 year-over-year; TTM through Mar 2026 was 41.21%, a 171.0% decrease, with the full-year FY2025 number at 41.44%, down 74.0% from a year prior.
Meta Platforms (META) has 16 years of Operating Margin data on record, last reported at 40.62% in Q1 2026.
- Operating Margin reached 40.62% in Q1 2026 per META's latest filing, down from 41.32% in the prior quarter.
- Over the last five years, Operating Margin for META hit a ceiling of 48.29% in Q4 2024 and a floor of 19.89% in Q4 2022.
- A 5-year average of 35.82% and a median of 40.07% in 2025 define the central range for Operating Margin.
- Peak YoY movement for Operating Margin: crashed -1748bps in 2022, then soared 2095bps in 2023.
- Tracing META's Operating Margin over 5 years: stood at 19.89% in 2022, then skyrocketed by 105bps to 40.85% in 2023, then rose by 18bps to 48.29% in 2024, then decreased by -14bps to 41.32% in 2025, then dropped by -2bps to 40.62% in 2026.
- Business Quant data shows Operating Margin for META 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 | Meta Platforms | 1,539.18 Bn | 1,458.00 Bn | 46.09 Bn | 40.62% |
| 2 | Spotify Technology | 118.05 Bn | 107.81 Bn | 1.75 Bn | 15.77% |
| 3 | 28.76 Bn | 25.99 Bn | 511.94 Mn | 27.57% | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -32.08% |
| 5 | 12.01 Bn | 10.71 Bn | 768.96 Mn | -7.97% | |
| 6 | Strive | 9.69 Bn | 9.62 Bn | - | 8,460.41% |
| 7 | Snap | 9.60 Bn | 6.78 Bn | 1.29 Bn | -4.87% |
| 8 | Match | 8.34 Bn | 7.31 Bn | 653.28 Mn | 27.37% |
| 9 | Baidu | 5.09 Bn | -5.87 Bn | 1.88 Mn | 9.96% |
| 10 | Iac | 3.16 Bn | 2.06 Bn | 289.86 Mn | -9.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 43.48% |
| Dec 31, 2020 | 45.51% |
| Sep 30, 2020 | 37.45% |
| Jun 30, 2020 | 31.91% |
| Mar 31, 2020 | 33.22% |
| Dec 31, 2019 | 42.02% |
| Sep 30, 2019 | 40.70% |
| Jun 30, 2019 | 27.40% |
| Mar 31, 2019 | 22.00% |
| Dec 31, 2018 | 46.23% |
| Sep 30, 2018 | 42.11% |
| Jun 30, 2018 | 44.31% |
| Mar 31, 2018 | 45.54% |
| Dec 31, 2017 | 56.68% |
| Sep 30, 2017 | 49.59% |
| Jun 30, 2017 | 47.22% |
| Mar 31, 2017 | 41.42% |
| Dec 31, 2016 | 51.84% |
| Sep 30, 2016 | 44.46% |
| Jun 30, 2016 | 42.48% |