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Meta Platforms (META) operating margin by quarter

Meta Platforms' operating margin was 20.1% in Q3 2026 (third quarter 2026), -10.8 pts from Q2 2026. Over the last 7 quarters it ranged from 20.1% (Q3 2026) to 43.0% (Q2 2025).

Meta Platforms operating margin by quarterMeta Platforms operating margin by quarter41.5%Q1 202543.0%Q2 202540.1%Q3 202541.3%Q4 202540.6%Q1 202630.9%Q2 202620.1%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202620.1%-10.8 pts-20.0 pts
Q2 202630.9%-9.7 pts-12.1 pts
Q1 202640.6%-0.7 pts-0.9 pts
Q4 202541.3%+1.2 pts—
Q3 202540.1%-2.9 pts—
Q2 202543.0%+1.5 pts—
Q1 202541.5%——

Q3 2026 at a glance

Meta Platforms, Q3 2026: revenue $64.6B (+26% year over year), operating margin 20.1%, net earnings $9.9B, operating cash flow $32.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is Meta Platforms' operating margin?

Meta Platforms' operating margin was 20.1% in Q3 2026 (third quarter 2026), -10.8 pts from Q2 2026.

How has Meta Platforms' operating margin changed?

Over the last 7 quarters it ranged from 20.1% (Q3 2026) to 43.0% (Q2 2025).

Q3 2026 results → · How Meta Platforms makes money →