Meta Platforms Quarterly Income Statement
NASDAQ: METATechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Meta Platforms revenue and earnings
In the quarter ended Jun 30, 2026, Meta Platforms generated $60.80 billion in revenue, up 28.0% from the same quarter a year earlier. Net income was $15.85 billion (-13.6% year over year), for a net margin of 26.1% versus a median of 38.6% in the prior 5 quarters. Gross margin was 81.4% (down from 82.1%) and operating margin 30.9%.
Diluted earnings per share came in at $6.18, down from $7.14.
Summary generated from market data by MetaCap's automated system. Methodology
Meta Platforms income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 60.80B | 56.31B | 59.89B | 51.24B | 47.52B | 42.31B | 48.38B | 40.59B | 39.07B | 36.45B | 40.11B | 34.15B |
| Revenue growth (YoY) | +27.96% | +33.08% | +23.78% | +26.25% | +21.61% | +16.07% | +20.63% | +18.87% | +22.10% | +27.26% | +24.70% | +23.21% |
| Cost of Revenue | 11.33B | 10.22B | 10.91B | 9.21B | 8.49B | 7.57B | 8.84B | 7.38B | 7.31B | 6.64B | 7.70B | 6.21B |
| Gross Profit | 49.47B | 46.09B | 48.99B | 42.04B | 39.02B | 34.74B | 39.55B | 33.21B | 31.76B | 29.82B | 32.42B | 27.94B |
| Operating Expenses | 30.70B | 23.22B | 24.24B | 21.50B | 18.58B | 17.19B | 16.18B | 15.86B | 16.92B | 16.00B | 16.03B | 14.19B |
| Research & Development | 21.66B | 17.70B | 17.14B | 15.14B | 12.94B | 12.15B | 12.18B | 11.18B | 10.54B | 9.98B | 10.52B | 9.24B |
| Selling, General & Admin | 9.04B | 5.52B | 7.11B | 6.36B | 5.64B | 5.04B | 4.00B | 4.69B | 6.38B | 6.02B | 5.51B | 4.95B |
| Operating Income | 18.77B | 22.87B | 24.75B | 20.54B | 20.44B | 17.55B | 23.36B | 17.35B | 14.85B | 13.82B | 16.38B | 13.75B |
| Interest Expense | 754.00M | — | — | — | 232.00M | — | 243.00M | 200.00M | — | — | 129.00M | 132.00M |
| Other Income (Expense) | -19.00M | -1.12B | 609.00M | 1.13B | 93.00M | 827.00M | 188.00M | 472.00M | 259.00M | 365.00M | 423.00M | 272.00M |
| Pretax Income | 18.76B | 21.75B | 25.35B | 21.66B | 20.53B | 18.38B | 23.55B | 17.82B | 15.11B | 14.18B | 16.81B | 14.02B |
| Income Tax | 2.91B | -5.02B | 2.59B | 18.95B | 2.20B | 1.74B | 2.71B | 2.13B | 1.64B | 1.81B | 2.79B | 2.44B |
| Net Income | 15.85B | 26.77B | 22.77B | 2.71B | 18.34B | 16.64B | 20.84B | 15.69B | 13.46B | 12.37B | 14.02B | 11.58B |
| Net Income growth (YoY) | -13.57% | +60.86% | +9.26% | -82.73% | +36.18% | +34.56% | +48.66% | +35.44% | +72.89% | +116.66% | +201.25% | +163.55% |
| EPS (Basic) | 6.23 | 10.57 | 9.03 | 1.08 | 7.28 | 6.59 | 8.24 | 6.20 | 5.31 | 4.86 | 5.45 | 4.50 |
| EPS (Diluted) | 6.18 | 10.44 | 8.87 | 1.05 | 7.14 | 6.43 | 7.96 | 6.03 | 5.16 | 4.71 | 5.30 | 4.39 |
| Shares Outstanding (Basic) | 2.54B | 2.53B | — | 2.52B | 2.52B | 2.53B | — | 2.53B | 2.53B | 2.54B | — | 2.58B |
| Shares Outstanding (Diluted) | 2.57B | 2.56B | — | 2.57B | 2.57B | 2.59B | — | 2.60B | 2.61B | 2.63B | — | 2.64B |
| EBITDA | 25.13B | 28.87B | 30.16B | 25.50B | 24.78B | 21.45B | 27.82B | 21.38B | 18.48B | 17.19B | 19.56B | 16.61B |
| Gross Margin | 81.37% | 81.85% | 81.79% | 82.03% | 82.13% | 82.11% | 81.73% | 81.83% | 81.30% | 81.79% | 80.82% | 81.81% |
| Operating Margin | 30.88% | 40.62% | 41.32% | 40.07% | 43.02% | 41.49% | 48.29% | 42.75% | 38.00% | 37.90% | 40.85% | 40.26% |
| Net Margin | 26.07% | 47.54% | 38.01% | 5.29% | 38.59% | 39.33% | 43.07% | 38.65% | 34.46% | 33.93% | 34.95% | 33.92% |
This table shows 12 quarterly periods of Meta Platforms's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow META's reporting calendar. What is a income statement?