EBITDA Margin snapshot
Meta Platforms's ebitda margin was 50.7% in FY2025, compared with 51.6% in FY2024. On a trailing-twelve-month basis it was 50.8% as of Q1 FY26. EBITDA margin is earnings before interest, taxes, depreciation, and amortization, divided by revenue. It approximates operating cash profitability by adding back non-cash depreciation and amortization to operating income.
EBITDA Margin (latest FY)
50.7%
EBITDA Margin (TTM)
50.8%
Operating margin (latest FY)
41.4%
Net margin (latest FY)
30.1%
Meta Platforms EBITDA Margin
EBITDA ÷ revenue
EBITDA Margin vs. related metrics
Meta Platforms EBITDA Margin — by fiscal year
| Fiscal year | EBITDA margin | Operating margin | Net margin |
|---|---|---|---|
| FY2025 | 50.7% | 41.4% | 30.1% |
| FY2024 | 51.6% | 42.2% | 37.9% |
| FY2023 | 42.9% | 34.7% | 29.0% |
| FY2022 | 32.3% | 24.8% | 19.9% |
| FY2021 | 46.4% | 39.6% | 33.4% |
| FY2020 | 46.0% | 38.0% | 33.9% |
| FY2019 | 42.0% | 33.9% | 26.1% |
| FY2018 | 52.3% | 44.6% | 39.6% |
| FY2017 | 57.1% | 49.7% | 39.2% |
| FY2016 | 53.4% | 45.0% | 37.0% |
| FY2015 | 45.6% | 34.7% | 20.6% |
| FY2014 | 50.0% | 40.1% | 23.6% |
| FY2013 | 48.5% | 35.6% | 19.1% |
| FY2012 | 23.3% | 10.6% | 1.0% |
| FY2011 | 56.0% | 47.3% | 26.9% |
| FY2010 | 59.3% | 52.3% | 30.7% |
| FY2009 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | EBITDA margin | Operating margin | Net margin |
|---|---|---|---|
| Q1 FY26 | 50.8% | 41.2% | 32.8% |
| Q4 FY25 | 50.7% | 41.4% | 30.1% |
| Q3 FY25 | 52.6% | 43.2% | 30.9% |
| Q2 FY25 | 53.4% | 44.0% | 40.0% |
| Q1 FY25 | 52.3% | 42.9% | 39.1% |
| Q4 FY24 | 51.6% | 42.2% | 37.9% |
| Q3 FY24 | 49.0% | 39.9% | 35.6% |
| Q2 FY24 | 48.0% | 39.3% | 34.3% |
| Q1 FY24 | 45.8% | 37.4% | 32.1% |
| Q4 FY23 | 42.9% | 34.7% | 29.0% |
| Q3 FY23 | 37.1% | 29.0% | 23.4% |
| Q2 FY23 | 31.8% | 23.8% | 18.7% |
Figures normalized from SEC filings. See the full Meta Platforms ratios & metrics.