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Meta Platforms vs Snap: META and SNAP compared

Meta Platforms is the larger company: $64.6B of revenue in its latest quarter (Q3 2026) against $1.7B for Snap (Q3 2026). Meta Platforms is growing faster (+26% against +14% a year earlier). Meta Platforms is more profitable, with an operating margin of 20.1% against 4.5%.

Meta Platforms vs Snap, latest quarterMeta Platforms vs Snap, latest quarterMeta Platforms (META)Snap (SNAP)Revenue$64.6B$1.7BRevenue growth, Y/Y+26%+14%Operating margin20.1%4.5%Net margin15.3%3.3%

Where the money goes: META and SNAP

Meta Platforms (META) · Q3 2026

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.

Snap (SNAP) · Q3 2026

Snap, Q3 2026: revenue $1.7B (+14% year over year), operating margin 4.5%, net earnings $56.5M, operating cash flow $210M. The chart follows the revenue to costs, profit and cash.

Meta Platforms revenue by segment, Q3 2026Meta Platforms revenue by segment, Q3 2026Family of Apps$64.2BReality Labs$443M
Snap revenue by segment, Q3 2026Snap revenue by segment, Q3 2026Advertising revenue$1.4BOther revenue$350M
Meta Platforms (META)Snap (SNAP)
Latest quarterQ3 2026Q3 2026
Revenue$64.6B$1.7B
Revenue growth, Y/Y+26%+14%
Operating margin20.1%4.5%
Net earnings$9.9B$56.5M
Net margin15.3%3.3%
Operating cash flow$32.8B$210M
Free cash flow—$164M
Market value$1.57T$8.6B
P/E20.8×—
Analysts’ mean target$850.10$7.10

Where the revenue comes from

Meta Platforms

Snap

Questions

Which is bigger, Meta Platforms or Snap?

Meta Platforms is the larger company: $64.6B of revenue in its latest quarter (Q3 2026) against $1.7B for Snap (Q3 2026).

Is Meta Platforms or Snap growing faster?

Meta Platforms is growing faster (+26% against +14% a year earlier).

Which is more profitable, Meta Platforms or Snap?

Meta Platforms is more profitable, with an operating margin of 20.1% against 4.5%.

More: Meta Platforms earnings · how Meta Platforms makes money · Snap earnings · how Snap makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 22, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.