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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