Meta Platforms Gross Profit 2010-2022 | META

Meta Platforms annual/quarterly gross profit history and growth rate from 2010 to 2022. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Meta Platforms gross profit for the quarter ending December 31, 2022 was $23.829B, a 12.79% decline year-over-year.
  • Meta Platforms gross profit for the twelve months ending December 31, 2022 was $91.360B, a 4.11% decline year-over-year.
  • Meta Platforms annual gross profit for 2022 was $91.36B, a 4.11% decline from 2021.
  • Meta Platforms annual gross profit for 2021 was $95.28B, a 37.54% increase from 2020.
  • Meta Platforms annual gross profit for 2020 was $69.273B, a 19.59% increase from 2019.
Meta Platforms Annual Gross Profit
(Millions of US $)
2022 $91,360
2021 $95,280
2020 $69,273
2019 $57,927
2018 $46,483
2017 $35,199
2016 $23,849
2015 $15,061
2014 $10,313
2013 $5,997
2012 $3,725
2011 $2,851
2010 $1,481
2009 $554
Meta Platforms Quarterly Gross Profit
(Millions of US $)
2022-12-31 $23,829
2022-09-30 $21,998
2022-06-30 $23,630
2022-03-31 $21,903
2021-12-31 $27,323
2021-09-30 $23,239
2021-06-30 $23,678
2021-03-31 $21,040
2020-12-31 $22,861
2020-09-30 $17,276
2020-06-30 $14,858
2020-03-31 $14,278
2019-12-31 $17,590
2019-09-30 $14,497
2019-06-30 $13,579
2019-03-31 $12,261
2018-12-31 $14,118
2018-09-30 $11,309
2018-06-30 $11,017
2018-03-31 $10,039
2017-12-31 $11,362
2017-09-30 $8,880
2017-06-30 $8,084
2017-03-31 $6,873
2016-12-31 $7,762
2016-09-30 $6,024
2016-06-30 $5,519
2016-03-31 $4,544
2015-12-31 $5,017
2015-09-30 $3,781
2015-06-30 $3,374
2015-03-31 $2,889
2014-12-31 $3,198
2014-09-30 $2,638
2014-06-30 $2,437
2014-03-31 $2,040
2013-12-31 $2,095
2013-09-30 $1,509
2013-06-30 $1,348
2013-03-31 $1,045
2012-12-31 $1,187
2012-09-30 $940
2012-06-30 $817
2012-03-31 $781
2011-12-31 $884
2011-09-30 $718
2011-06-30 $685
2011-03-31 $564
2010-12-31 $581
2010-09-30 $336
2010-06-30 $320
2010-03-31 $245
2009-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $500.533B $116.609B
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).
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