How does Meta (META) make money?

Meta (META) generates revenue primarily from Family of Apps, which accounted for 99% of total revenue in TTM through Q1 2026. The company reported $214.96B in revenue and converted 32.8% of it into net profit, equivalent to roughly $70.59B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Meta (META)?

Meta (META) reported a gross profit margin of 81.9% in TTM through Q1 2026, equivalent to $176.14B in gross profit on $214.96B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Meta (META)?

Meta (META) reported an operating profit margin of 41.2% in TTM through Q1 2026, equivalent to $88.59B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Meta (META)?

Meta (META) reported a net profit margin of 32.8% in TTM through Q1 2026, equivalent to $70.59B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Meta (META) profitable?

Yes. Meta (META) reported $70.59B in net income for TTM through Q1 2026, with a net profit margin of 32.8%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Meta (META) invest in research and development?

Meta (META) invested $62.92B in research and development during TTM through Q1 2026, roughly 29.3% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Meta (META) spend on capital expenditures?

Meta (META) spent $75.75B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 35.2% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Meta (META) generate?

Meta (META) generated $48.25B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 22.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Meta (META)?

Meta (META) had an effective tax rate of 21% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Meta (META)?

Meta (META) reports revenue across 2 reportable product segments, led by Family of Apps at 99% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Meta (META) generate most of its revenue?

US & Canada is the largest geographic market for Meta (META), accounting for 38.7% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Meta Makes Money: 2026 Visual Revenue Map

Meta (META) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 30, 2026).

Meta (META) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Meta (META) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Family of Apps	$212.77B	99%
Reality Labs	$2.20B	1%
Total	$214.96B	100%

Family of Apps$212.77B
Reality Labs$2.20B
Total$214.96B

Meta (META) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Meta (META), TTM through Q1 2026
Region	Revenue (USD)	% of total
US & Canada	$83.26B	38.7%
Asia Pacific	$58.02B	27%
Europe	$50.19B	23.3%
Rest Of World	$23.49B	10.9%
Total	$214.96B	100%

US & Canada
Asia Pacific
Europe
Rest Of World
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Meta (META) reports revenue across 2 operating segments; the largest segment was Family of Apps at 99%, followed by Reality Labs (1%). Separately, by end-market geography, US & Canada accounted for 38.7% of revenue, followed by Asia Pacific (27%) and Europe (23.3%).

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