META · 10-Q · 2026Q1 · Full report

Interest Expense Trends

Meta Platforms, Inc. · 2026-04-30 · Importance 63 · Surprise 64 · From source text

Total interest and other income (expense), net decreased $1.95 billion in Q1 2026 versus Q1 2025, driven in part by increased unrealized losses on marketable equity investments. Interest expense increased to $(562) million in Q1 2026 from $(240) million in Q1 2025, a roughly 134% increase, which the company attributes to higher long‑term debt balances. Foreign currency exchange losses and losses on equity investments also contributed to a decline in interest and other income (expense), net. These trends reflect higher financing costs as Meta grows its outstanding debt footprint.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomenegativerealized-0.6%Interest expense increased to $(562) million in the three months ended March 31, 2026 from $(240) million in the same period in 2025.