Meta Platforms, Inc. (META): operating margin, 10 filed years
Operating margin at Meta Platforms, Inc. was 41.4% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 24.8% (FY2022) to 49.7% (FY2017), with a median of 40.5%.
Tonight's figure on the company page: 41.4%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Operating margin | Read from |
|---|---|---|
| FY2016 | 45.0% | 10-K, filed 2017-02-03 |
| FY2017 | 49.7% | 10-K, filed 2018-02-01 |
| FY2018 | 44.6% | 10-K, filed 2019-01-31 |
| FY2019 | 33.9% | 10-K, filed 2020-01-30 |
| FY2020 | 38.0% | 10-K, filed 2021-01-28 |
| FY2021 | 39.6% | 10-K, filed 2022-02-03 |
| FY2022 | 24.8% | 10-K, filed 2023-02-02 |
| FY2023 | 34.7% | 10-K, filed 2024-02-02 |
| FY2024 | 42.2% | 10-K, filed 2025-01-30 |
| FY2025 | 41.4% | 10-K, filed 2026-01-29 |
How each year is computed
Operating income / revenue x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.