Meta Platforms Gross Margin 2010-2024 | META
Current and historical gross margin for Meta Platforms (META) over the last 10 years. The current gross profit margin for Meta Platforms as of March 31, 2024 is %.
| Meta Platforms Gross Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Gross Profit | Gross Margin |
| 2024-03-31 | $142.71B | $116.22B | 81.44% |
| 2023-12-31 | $134.90B | $108.94B | 80.76% |
| 2023-09-30 | $126.96B | $100.36B | 79.05% |
| 2023-06-30 | $120.52B | $94.42B | 78.34% |
| 2023-03-31 | $117.35B | $91.99B | 78.40% |
| 2022-12-31 | $116.61B | $91.36B | 78.35% |
| 2022-09-30 | $118.12B | $94.85B | 80.31% |
| 2022-06-30 | $119.41B | $96.10B | 80.47% |
| 2022-03-31 | $119.67B | $96.14B | 80.34% |
| 2021-12-31 | $117.93B | $95.28B | 80.79% |
| 2021-09-30 | $112.33B | $90.82B | 80.85% |
| 2021-06-30 | $104.79B | $84.86B | 80.98% |
| 2021-03-31 | $94.40B | $76.04B | 80.55% |
| 2020-12-31 | $85.97B | $69.27B | 80.58% |
| 2020-09-30 | $78.98B | $64.00B | 81.04% |
| 2020-06-30 | $75.16B | $61.22B | 81.46% |
| 2020-03-31 | $73.36B | $59.94B | 81.72% |
| 2019-12-31 | $70.70B | $57.93B | 81.94% |
| 2019-09-30 | $66.53B | $54.46B | 81.85% |
| 2019-06-30 | $62.60B | $51.27B | 81.89% |
| 2019-03-31 | $58.95B | $48.71B | 82.62% |
| 2018-12-31 | $55.84B | $46.48B | 83.25% |
| 2018-09-30 | $51.90B | $43.73B | 84.26% |
| 2018-06-30 | $48.50B | $41.30B | 85.16% |
| 2018-03-31 | $44.59B | $38.37B | 86.05% |
| 2017-12-31 | $40.65B | $35.20B | 86.58% |
| 2017-09-30 | $36.49B | $31.60B | 86.60% |
| 2017-06-30 | $33.17B | $28.74B | 86.65% |
| 2017-03-31 | $30.29B | $26.18B | 86.43% |
| 2016-12-31 | $27.64B | $23.85B | 86.29% |
| 2016-09-30 | $24.67B | $21.10B | 85.54% |
| 2016-06-30 | $22.16B | $18.86B | 85.11% |
| 2016-03-31 | $19.77B | $16.72B | 84.57% |
| 2015-12-31 | $17.93B | $15.06B | 84.01% |
| 2015-09-30 | $15.94B | $13.24B | 83.09% |
| 2015-06-30 | $14.64B | $12.10B | 82.65% |
| 2015-03-31 | $13.51B | $11.16B | 82.64% |
| 2014-12-31 | $12.47B | $10.31B | 82.73% |
| 2014-09-30 | $11.20B | $9.21B | 82.23% |
| 2014-06-30 | $10.01B | $8.08B | 80.71% |
| 2014-03-31 | $8.92B | $6.99B | 78.42% |
| 2013-12-31 | $7.87B | $6.00B | 76.18% |
| 2013-09-30 | $6.87B | $5.09B | 74.05% |
| 2013-06-30 | $6.12B | $4.52B | 73.88% |
| 2013-03-31 | $5.49B | $3.99B | 72.67% |
| 2012-12-31 | $5.09B | $3.73B | 73.20% |
| 2012-09-30 | $4.64B | $3.42B | 73.83% |
| 2012-06-30 | $4.33B | $3.20B | 73.95% |
| 2012-03-31 | $4.04B | $3.07B | 75.98% |
| 2011-12-31 | $3.71B | $2.85B | 76.83% |
| 2011-09-30 | $3.31B | $2.55B | 76.96% |
| 2011-06-30 | $2.82B | $2.17B | 76.70% |
| 2011-03-31 | $2.36B | $1.80B | 76.31% |
| 2010-12-31 | $1.97B | $1.48B | 75.08% |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $1125.257B | $134.902B |
| Meta Platforms is the world's largest social media platform. The company's portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger, these apps now form Meta's family of products used by billions of people on a monthly basis. Meta uses metrics like daily active users (DAUs) and monthly active users (MAUs) to measure Facebook's user base. Marketers buy ads that can appear on multiple platforms including Meta, Instagram, Messenger and third-party applications and websites. Meta, thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google, Twitter, Amazon and Snapchat-parent Snap. Meta also faces significant competition from the likes of Apple (messaging), YouTube (advertising and video), Bytedance (social media) and Tencent (messaging and social media). | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Palo Alto Networks (PANW) | United States | $93.308B | 110.65 |
| CrowdStrike (CRWD) | United States | $72.082B | 608.20 |
| PayPal Holdings (PYPL) | United States | $67.474B | 17.05 |
| Workday (WDAY) | United States | $67.072B | 204.89 |
| Atlassian (TEAM) | United States | $51.469B | 0.00 |
| Snowflake (SNOW) | United States | $50.966B | 0.00 |
| Fortinet (FTNT) | United States | $48.857B | 46.74 |
| Datadog (DDOG) | United States | $41.567B | 736.77 |
| Sea (SE) | Singapore | $35.484B | 261.79 |
| HubSpot (HUBS) | United States | $32.234B | 0.00 |
| Veeva Systems (VEEV) | United States | $32.117B | 67.72 |
| Cloudflare (NET) | United States | $29.295B | 0.00 |
| MongoDB (MDB) | United States | $26.666B | 0.00 |
| Pinterest (PINS) | United States | $22.162B | 217.60 |
| Samsara (IOT) | United States | $18.932B | 0.00 |
| Snap (SNAP) | United States | $18.817B | 0.00 |
| Zoom Video Communications (ZM) | United States | $18.773B | 26.89 |
| Topicus (TOITF) | Canada | $18.364B | 102.04 |
| Bentley Systems (BSY) | United States | $15.538B | 73.47 |
| Nice (NICE) | Israel | $14.272B | 35.14 |
| Aspen Technology (AZPN) | United States | $12.583B | 41.42 |
| Twilio (TWLO) | United States | $10.864B | 0.00 |
| Paycom Software (PAYC) | United States | $10.738B | 32.06 |
| F5 (FFIV) | United States | $10.694B | 18.98 |
| Toast (TOST) | United States | $10.435B | 0.00 |
| Informatica (INFA) | United States | $9.395B | 113.71 |
| Dayforce (DAY) | United States | $9.268B | 94.57 |
| Unity Software (U) | United States | $9.112B | 0.00 |
| Monday (MNDY) | Israel | $8.941B | 0.00 |
| GitLab (GTLB) | United States | $8.883B | 0.00 |
| Paylocity Holding (PCTY) | United States | $8.820B | 47.45 |
| AppFolio (APPF) | United States | $7.771B | 212.40 |
| KANZHUN LIMITED (BZ) | China | $7.359B | 59.39 |
| Reddit (RDDT) | United States | $6.749B | 0.00 |
| HashiCorp (HCP) | United States | $6.549B | 0.00 |
| BILL Holdings (BILL) | United States | $6.361B | 6050.00 |
| Freshworks (FRSH) | United States | $5.530B | 0.00 |
| Tenable Holdings (TENB) | United States | $5.389B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $5.262B | 0.00 |
| Smartsheet (SMAR) | United States | $5.233B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $5.175B | 73.51 |
| Alight (ALIT) | United States | $5.129B | 20.70 |
| StoneCo (STNE) | Cayman Islands | $4.893B | 16.22 |
| Clarivate (CLVT) | United Kingdom | $4.677B | 10.00 |
| Vertex (VERX) | United States | $4.539B | 140.05 |
| Five9 (FIVN) | United States | $4.425B | 0.00 |
| Workiva (WK) | United States | $4.375B | 0.00 |
| JFrog (FROG) | United States | $4.123B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $4.057B | 0.00 |
| Box (BOX) | United States | $3.895B | 224.83 |
| BlackLine (BL) | United States | $3.640B | 420.64 |
| Kingdee Software Group (KGDEY) | China | $3.605B | 0.00 |
| NCino (NCNO) | United States | $3.401B | 992.67 |
| Asana (ASAN) | United States | $3.287B | 0.00 |
| Evolent Health (EVH) | United States | $3.269B | 55.53 |
| Paycor HCM (PYCR) | United States | $3.137B | 176.20 |
| DigitalOcean Holdings (DOCN) | United States | $2.958B | 54.98 |
| Rapid7 (RPD) | United States | $2.855B | 0.00 |
| Appian (APPN) | United States | $2.657B | 0.00 |
| Rumble (RUM) | United States | $2.525B | 0.00 |
| AvidXchange Holdings (AVDX) | United States | $2.417B | 0.00 |
| Ziff Davis (ZD) | United States | $2.356B | 9.11 |
| Alkami Technology (ALKT) | United States | $2.327B | 0.00 |
| Intapp (INTA) | United States | $2.296B | 0.00 |
| PagerDuty (PD) | United States | $1.874B | 0.00 |
| SolarWinds (SWI) | United States | $1.865B | 24.64 |
| Calix (CALX) | United States | $1.850B | 40.33 |
| ODDITY Tech (ODD) | Israel | $1.804B | 32.37 |
| SEMrush Holdings (SEMR) | United States | $1.713B | 1185.00 |
| EverCommerce (EVCM) | United States | $1.712B | 0.00 |
| Fastly (FSLY) | United States | $1.694B | 0.00 |
| Grindr (GRND) | United States | $1.674B | 239.00 |
| Getty Images Holdings (GETY) | United States | $1.593B | 27.86 |
| Compass (COMP) | United States | $1.582B | 0.00 |
| Udemy (UDMY) | United States | $1.519B | 0.00 |
| Everbridge (EVBG) | United States | $1.447B | 89.49 |
| Zuora (ZUO) | United States | $1.440B | 0.00 |
| Bumble (BMBL) | United States | $1.365B | 0.00 |
| VTEX (VTEX) | United Kingdom | $1.347B | 0.00 |
| Docebo (DCBO) | Canada | $1.337B | 89.80 |
| E2open Parent Holdings (ETWO) | United States | $1.245B | 20.35 |
| Diebold Nixdorf (DBD) | United States | $1.214B | 0.00 |
| Enfusion (ENFN) | United States | $1.206B | 104.67 |
| Magnite (MGNI) | United States | $1.193B | 220.00 |
| Couchbase (BASE) | United States | $1.185B | 0.00 |
| Model N (MODN) | United States | $1.156B | 174.24 |
| PubMatic (PUBM) | United States | $1.141B | 134.18 |
| Soho House & Co (SHCO) | United Kingdom | $1.123B | 0.00 |
| Arlo Technologies (ARLO) | United States | $1.078B | 0.00 |
| Hello Group (MOMO) | China | $1.073B | 4.14 |
| Riskified (RSKD) | United States | $0.895B | 0.00 |
| Thryv Holdings (THRY) | United States | $0.814B | 104.00 |
| Tuya (TUYA) | China | $0.812B | 0.00 |
| Nextdoor Holdings (KIND) | United States | $0.787B | 0.00 |
| Olo (OLO) | United States | $0.784B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.773B | 26.31 |
| Radware (RDWR) | Israel | $0.762B | 0.00 |
| Yalla Group (YALA) | $0.730B | 7.31 | |
| Kingsoft Cloud Holdings (KC) | China | $0.728B | 0.00 |
| Chegg (CHGG) | United States | $0.699B | 68.80 |
| WalkMe (WKME) | Israel | $0.674B | 0.00 |
| Blend Labs (BLND) | United States | $0.605B | 0.00 |
| Planet Labs PBC (PL) | United States | $0.511B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.487B | 0.00 |
| CS Disco (LAW) | United States | $0.458B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.414B | 0.00 |
| Backblaze (BLZE) | United States | $0.369B | 0.00 |
| Jiayin Group (JFIN) | China | $0.341B | 1.88 |
| Innovid (CTV) | Israel | $0.323B | 0.00 |
| Porch (PRCH) | United States | $0.313B | 0.00 |
| Materialise (MTLS) | Belgium | $0.300B | 25.40 |
| Domo (DOMO) | United States | $0.290B | 0.00 |
| 8x8 Inc (EGHT) | United States | $0.286B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.285B | 53.97 |
| ON24 (ONTF) | United States | $0.278B | 0.00 |
| Arteris (AIP) | United States | $0.259B | 0.00 |
| Rimini Street (RMNI) | United States | $0.252B | 7.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.240B | 2.92 |
| D-Wave Quantum (QBTS) | United States | $0.239B | 0.00 |
| Perfect (PERF) | Taiwan | $0.197B | 29.00 |
| EGain (EGAN) | United States | $0.193B | 28.09 |
| Digital Turbine (APPS) | United States | $0.186B | 8.27 |
| Audioeye (AEYE) | United States | $0.173B | 0.00 |
| Kaltura (KLTR) | United States | $0.172B | 0.00 |
| Rekor Systems (REKR) | United States | $0.149B | 0.00 |
| ZeroFox Holdings (ZFOX) | United States | $0.142B | 0.00 |
| TIAN GE INTERAC (TGRVF) | China | $0.137B | 0.00 |
| Plum Acquisition I (PLMI) | United States | $0.125B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.124B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.105B | 0.00 |
| Quantum Computing (QUBT) | United States | $0.069B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.067B | 0.00 |
| KOREs (KORE) | United States | $0.066B | 0.00 |
| SurgePays (SURG) | United States | $0.065B | 2.42 |
| LeddarTech Holdings (LDTC) | Canada | $0.064B | 0.00 |
| Edgio (EGIO) | United States | $0.064B | 0.00 |
| Upland Software (UPLD) | United States | $0.060B | 6.00 |
| GAN (GAN) | United States | $0.055B | 0.00 |
| Phunware (PHUN) | United States | $0.049B | 0.00 |
| Inseego (INSG) | United States | $0.042B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.040B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.038B | 7.52 |
| Wireless Ronin Technologies (CREX) | United States | $0.036B | 0.00 |
| MariaDB (MRDB) | United States | $0.036B | 0.00 |
| ARB IOT Group (ARBB) | Singapore | $0.029B | 0.00 |
| 2U (TWOU) | United States | $0.020B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.020B | 0.00 |
| Aurora Mobile (JG) | China | $0.018B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.015B | 0.00 |
| Nvni Group (NVNI) | United States | $0.015B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.014B | 0.00 |
| CISO Global (CISO) | United States | $0.014B | 0.00 |
| OneMedNet (ONMD) | United States | $0.013B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.013B | 0.00 |
| Shiftpixy (PIXY) | United States | $0.013B | 0.00 |
| Verb Technology (VERB) | United States | $0.013B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.011B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.011B | 0.00 |
| Amesite (AMST) | United States | $0.009B | 0.00 |
| Collective Audience (CAUD) | United States | $0.006B | 0.00 |
| Locafy (LCFY) | Australia | $0.005B | 0.00 |
| WaveDancer (WAVD) | United States | $0.004B | 0.00 |
| OMNIQ (OMQS) | United States | $0.004B | 0.00 |
| DatChat (DATS) | United States | $0.004B | 0.00 |
| Versus Systems (VS) | Canada | $0.003B | 0.00 |
| SCWorx (WORX) | United States | $0.003B | 0.00 |
| Oblong (OBLG) | United States | $0.002B | 0.00 |
| My Size (MYSZ) | Israel | $0.002B | 0.00 |
| BYND Cannasoft Enterprises (BCAN) | Israel | $0.001B | 0.00 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Karooooo (KARO) | Singapore | $0.000B | 25.01 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |