META Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), META reported revenue of $56.3B, gross profit of $46.1B (81.9% gross margin), operating income of $22.9B, and net income of $26.8B (47.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
META was profitable; revenue fell 6.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −6.0% | +17.6% | +9.5 pp |
Consensus estimate data is not available for this report.
META Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $56.3B | 100% |
| Cost of Revenue | −$10.2B | 18.1% |
| Gross Profit | $46.1B | 81.9% |
| Research & Development | −$17.7B | 31.4% |
| Selling, General & Administrative | −$5.5B | 9.8% |
| Operating Income | $22.9B | 40.6% |
| Interest Expense | −$1.1B | 2.0% |
| Income Tax Expense | $5.0B | 8.9% |
| Net Income | $26.8B | 47.5% |
Source: META filings on SEC EDGAR (period ended 2026-03-31). Data normalized by EarningsFyi.