Gross Margin snapshot
Meta Platforms's gross margin was 82.0% in FY2025, compared with 81.7% in FY2024. On a trailing-twelve-month basis it was 81.9% as of Q1 FY26. Gross margin is gross profit divided by revenue — the share of sales left after the direct cost of producing goods or services. It shows how much a company keeps from each dollar of sales before operating expenses.
Gross Margin (latest FY)
82.0%
Gross Margin (TTM)
81.9%
Operating margin (latest FY)
41.4%
Net margin (latest FY)
30.1%
Meta Platforms Gross Margin
Gross profit ÷ revenue
Gross Margin vs. related metrics
Meta Platforms Gross Margin — by fiscal year
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2025 | 82.0% | 41.4% | 30.1% |
| FY2024 | 81.7% | 42.2% | 37.9% |
| FY2023 | 80.8% | 34.7% | 29.0% |
| FY2022 | 78.3% | 24.8% | 19.9% |
| FY2021 | 80.8% | 39.6% | 33.4% |
| FY2020 | 80.6% | 38.0% | 33.9% |
| FY2019 | 81.9% | 33.9% | 26.1% |
| FY2018 | 83.2% | 44.6% | 39.6% |
| FY2017 | 86.6% | 49.7% | 39.2% |
| FY2016 | 86.3% | 45.0% | 37.0% |
| FY2015 | 84.0% | 34.7% | 20.6% |
| FY2014 | 82.7% | 40.1% | 23.6% |
| FY2013 | 76.2% | 35.6% | 19.1% |
| FY2012 | 73.2% | 10.6% | 1.0% |
| FY2011 | 76.8% | 47.3% | 26.9% |
| FY2010 | 75.0% | 52.3% | 30.7% |
| FY2009 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Q1 FY26 | 81.9% | 41.2% | 32.8% |
| Q4 FY25 | 82.0% | 41.4% | 30.1% |
| Q3 FY25 | 82.0% | 43.2% | 30.9% |
| Q2 FY25 | 81.9% | 44.0% | 40.0% |
| Q1 FY25 | 81.7% | 42.9% | 39.1% |
| Q4 FY24 | 81.7% | 42.2% | 37.9% |
| Q3 FY24 | 81.4% | 39.9% | 35.6% |
| Q2 FY24 | 81.4% | 39.3% | 34.3% |
| Q1 FY24 | 81.4% | 37.4% | 32.1% |
| Q4 FY23 | 80.8% | 34.7% | 29.0% |
| Q3 FY23 | 79.0% | 29.0% | 23.4% |
| Q2 FY23 | 78.3% | 23.8% | 18.7% |
Figures normalized from SEC filings. See the full Meta Platforms ratios & metrics.