Filing Flows › Meta Platforms (META) › Q3 2026 › vs Q3 2025
Meta Platforms (META) Q3 2026 vs Q3 2025 (year over year)
Meta Platforms's revenue rose $13.4B (+26%) from $51.2B in Q3 2025 to $64.6B in Q3 2026. The biggest changes: Family of Apps +$13.4B (+26%); Reality Labs −$27.0M (-6%). Operating margin 20.1% against 40.1% (-20.0 pts).
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 draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 20.1% | 40.1% | -20.0 pts |
| Net margin | 15.3% | 5.3% | +10.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Family of Apps | $64.2B | $50.8B | $13.4B | +26% |
| Reality Labs | $443M | $470M | −$27.0M | -6% |
| Revenue | $64.6B | $51.2B | $13.4B | +26% |
| Operating profit | $13.0B | $20.5B | −$7.5B | -37% |
| Costs & expenses | $51.6B | $30.7B | $20.9B | +68% |
| Pre-tax earnings | $13.0B | $21.7B | −$8.7B | -40% |
| Cost of revenue | $13.4B | $9.2B | $4.2B | +45% |
| Research & development | $20.1B | $15.1B | $4.9B | +32% |
| Sales & marketing | $3.3B | $2.8B | $488M | +17% |
| General & admin | $14.9B | $3.5B | $11.3B | +323% |
| Net earnings | $9.9B | $2.7B | $7.2B | +264% |
| Income tax | $3.1B | $19.0B | −$15.8B | -83% |
| Depreciation & amortization | $7.2B | $5.0B | $2.2B | +44% |
| Share-based compensation | $7.4B | $5.6B | $1.8B | +33% |
| Working capital & other | $8.4B | $16.8B | −$8.4B | -50% |
| Operating cash flow | $32.8B | $30.0B | $2.8B | +9% |
| Capital expenditures | $33.9B | $18.8B | $15.1B | +80% |
| Negative free cash flow (OCF − capex) | $1.2B | −$11.2B | $12.3B | — |
Questions
How much did Meta Platforms's revenue grow year over year in Q3 2026?
Meta Platforms's revenue rose $13.4B (+26%) from $51.2B in Q3 2025 to $64.6B in Q3 2026.
What drove Meta Platforms's revenue change in Q3 2026?
Family of Apps +$13.4B (+26%); Reality Labs −$27.0M (-6%).