Meta vs Snap — Operating Income Comparison

Meta (META) operating income was $83.3B in FY2025 (+20% YoY); Snap (SNAP) operating income was -$532M in FY2025 (+26% YoY). The tables below show the complete quarterly and annual operating income history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Meta	Snap
2025	$83.3B	-$532M
2024	$69.4B	-$717M
2023	$46.8B	-$1.4B
2022	$28.9B	-$1.2B
2021	$46.8B	-$702M
2020	$32.7B	-$862M
2019	$24.0B	-$1.1B
2018	$24.9B	-$1.3B
2017	$20.2B	-$3.5B
2016	$12.4B	-$520M
2015	$6.2B	-$382M
2014	$5.0B	—
2013	$2.8B	—
2012	$538M	—
2011	$1.8B	—
2010	$1.0B	—

Meta — Annual Operating Income

Fiscal Year	Operating Income	YoY
2025	$83.3B	+20%
2024	$69.4B	+48%
2023	$46.8B	+62%
2022	$28.9B	-38%
2021	$46.8B	+43%
2020	$32.7B	+36%
2019	$24.0B	-4%
2018	$24.9B	+23%
2017	$20.2B	+63%
2016	$12.4B	+100%
2015	$6.2B	+25%
2014	$5.0B	+78%
2013	$2.8B	+421%
2012	$538M	-69%
2011	$1.8B	+70%
2010	$1.0B

Snap — Annual Operating Income

Fiscal Year	Operating Income	YoY
2025	-$532M	+26%
2024	-$717M	+47%
2023	-$1.4B	-13%
2022	-$1.2B	-72%
2021	-$702M	+19%
2020	-$862M	+22%
2019	-$1.1B	+13%
2018	-$1.3B	+64%
2017	-$3.5B	-570%
2016	-$520M	-36%
2015	-$382M

Source: META on EDGAR · SNAP on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.