Company / SG&A Expense
Meta Platforms SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$12.2B
FY2025
5-year range
$6.6B / $12.2B
FY2021-FY2025
Trend
+24.8%
vs FY2024
Sector context
#6 of 62
Communication Services
What the data says
Among 62 Communication Services companies, Meta Platforms is in the bottom 10% for sg&a expense. SG&A Expense has fluctuated over the past 10 years, ranging from $973M in FY2016 to $12.2B in FY2025.
Based on SEC 10-K filings.
$12.2B in FY2025 with a 5-year CAGR of +28.6%. Top quartile in the Communication Services sector.
Increased from $11.4B to $12.2B over the past 2 years.
Communication Services sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +22.8%
- 5-Year CAGR
- +28.6%
- 10-Year CAGR
- -
Sector benchmark
+307.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +28.6%, indicating consistent growth.
- In FY2025, sg&a expense increased 24.8% year-over-year.
- Ranks #6 out of 62 companies in the Communication Services sector.
- Lowest sg&a expense in the period was in FY2016.
Company context
Key Data Points
- Strong profit margin: 30.9%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $12.2B | +24.8% |
| FY2024 | $9.7B | -14.6% |
| FY2023 | $11.4B | +73.8% |
| FY2022 | $6.6B | -33.2% |
| FY2021 | $9.8B | +184.8% |
| FY2020 | $3.5B | +37.1% |
| FY2019 | $2.5B | +45.4% |
| FY2018 | $1.7B | +33.7% |
| FY2017 | $1.3B | +33.1% |
| FY2016 | $973.0M | +24.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026