FINHUB Insights

META · Q1 FY26 · Jan 1 – Mar 31, 2026

Meta Platforms Q1 FY26: where the revenue came from and where it went

Meta Platforms Q1 FY26: revenue $56.3B (+33% year over year). Net profit $26.8B. Largest cohort Advertising $55B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 30, 2026 10-Q
Sankey diagram of Meta Platforms's income statement for Q1 FY26: revenue of $56.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$56.3B +33% year over year
Gross profit$46.1B 82% margin
Operating profit$22.9B 41% margin
Net profit$26.8B 48% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 56.3 100% +33%
Advertising 55 98% +33%
Other revenue 0.9 2% +74%
Reality Labs 0.4 1% −2%
Cost of revenue−10.218%
Gross profit46.182% margin+0pp
Research & development−17.731%+3pp
Sales & marketing−2.95%−1pp
G&A−2.65%−1pp
Operating profit22.941% margin−1pp
Interest & other costs−1.1
Net profit26.848%+8pp
Filing on EDGAR More quarters of META

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters