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Meta Platforms (META) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Jan 29, 2026

Meta Platforms (META) reported revenue of $59.9B for the fourth quarter 2025 (Q4 2025), +24% from a year earlier and +17% from the quarter before. Operating margin was 41.3%, net earnings $22.8B (38.0% of revenue).

Revenue$59.9B
Year over year+24%
Quarter over quarter+17%
Operating margin41.3%
Net earnings$22.8B

Meta Platforms, Q4 2025: revenue $59.9B (+24% year over year), operating margin 41.3%, net earnings $22.8B, operating cash flow $36.2B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$59.9B+17%+24%
Operating profit$24.7B+21%+6%
Net earnings$22.8B+740%+9%
Operating cash flow$36.2B+21%+29%
Free cash flow$14.8B+33%+9%

What changed

Revenue was $59.9B in Q4 2025, up 24% year over year and up 17% from the previous quarter. Family of Apps was the largest line at 98% of revenue.

Operating profit was $24.7B, a 41.3% margin (down 7.0 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, below the 48% margin then. Total costs grew 40% against revenue growth of 24%. The fastest-growing cost line was General & admin (+385%). Net earnings were $22.8B, up 9% year over year. The effective tax rate was 10.2%.

Operating cash flow was $36.2B (up 29% year over year), 159% of net earnings. Non-cash charges added back $5.4B of depreciation and amortization and $5.9B of share-based compensation. Working capital and other items added $2.1B. Capital expenditures of $21.4B left free cash flow of $14.8B.

Questions

What was Meta Platforms' revenue in the fourth quarter 2025?

Meta Platforms (META) reported revenue of $59.9B for the fourth quarter 2025 (Q4 2025), +24% from a year earlier and +17% from the quarter before.

Was Meta Platforms profitable in the fourth quarter 2025?

Operating profit was $24.7B (41.3% of revenue) and net earnings $22.8B.

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Source: Meta Platforms 10-K on SEC EDGAR.