Meta Platforms has been growing earnings at an average annual rate of 17.7%, while the Interactive Media and Services industry saw earnings growing at 15.8% annually. Revenues have been growing at an average rate of 14.5% per year. Meta Platforms's return on equity is 29%, and it has net margins of 32.8%.
Key information
17.68%
Earnings growth rate
20.56%
EPS growth rate
Interactive Media and Services Industry Growth
15.57%
Revenue growth rate
14.54%
Return on equity
28.97%
Net Margin
32.84%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Meta Platforms makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SET:META23 Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
214,963
70,587
24,628
62,921
31 Dec 25
200,966
60,458
24,143
57,372
30 Sep 25
189,458
58,528
20,934
52,163
30 Jun 25
178,804
71,507
19,262
48,196
31 Mar 25
170,360
66,635
20,105
46,045
31 Dec 24
164,501
62,360
21,087
43,873
30 Sep 24
156,227
55,539
22,296
41,500
30 Jun 24
149,784
51,434
22,456
39,333
31 Mar 24
142,712
45,758
23,320
37,988
31 Dec 23
134,902
39,098
23,709
38,483
30 Sep 23
126,956
29,734
24,030
35,156
30 Jun 23
120,525
22,546
26,349
35,315
31 Mar 23
117,346
21,444
25,687
34,813
31 Dec 22
116,609
23,200
25,681
33,619
30 Sep 22
118,115
28,832
27,111
32,613
30 Jun 22
119,410
33,630
26,446
29,759
31 Mar 22
119,666
37,338
25,079
27,165
31 Dec 21
117,929
39,370
23,872
24,655
30 Sep 21
112,330
40,304
21,060
22,816
30 Jun 21
104,790
38,957
19,033
21,263
31 Mar 21
94,399
33,741
18,250
19,629
31 Dec 20
85,965
29,146
18,155
18,447
30 Sep 20
78,975
25,276
18,130
17,118
30 Jun 20
75,157
23,521
17,421
15,902
31 Mar 20
73,357
20,958
16,627
14,755
31 Dec 19
70,697
18,485
15,341
13,600
30 Sep 19
66,529
18,018
13,929
12,577
30 Jun 19
62,604
17,064
13,037
11,687
31 Mar 19
58,949
19,553
12,029
10,895
31 Dec 18
55,838
22,111
11,297
10,273
30 Sep 18
51,896
19,497
9,914
9,367
30 Jun 18
48,497
19,063
8,748
8,762
31 Mar 18
44,587
17,848
7,882
8,158
31 Dec 17
40,653
15,920
7,242
7,754
30 Sep 17
36,490
15,212
6,814
7,368
30 Jun 17
33,173
13,129
6,473
6,858
31 Mar 17
30,288
11,515
6,024
6,410
31 Dec 16
27,638
10,188
5,503
5,919
30 Sep 16
24,670
8,182
5,014
5,670
30 Jun 16
22,160
6,453
4,700
5,399
31 Mar 16
19,767
4,892
4,317
5,097
31 Dec 15
17,928
3,669
4,020
4,816
30 Sep 15
15,938
2,811
3,832
4,613
30 Jun 15
14,640
2,722
3,351
3,950
Quality Earnings: META23 has high quality earnings.
Growing Profit Margin: META23's current net profit margins (32.8%) are lower than last year (39.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: META23's earnings have grown by 17.7% per year over the past 5 years.
Accelerating Growth: META23's earnings growth over the past year (5.9%) is below its 5-year average (17.7% per year).
Earnings vs Industry: META23 earnings growth over the past year (5.9%) exceeded the Interactive Media and Services industry 0.6%.
Return on Equity
High ROE: META23's Return on Equity (29%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/20 02:51
End of Day Share Price
2026/05/20 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Meta Platforms, Inc. is covered by 92 analysts. 58 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.