Meta Platforms Gross Profit 2010-2024 | META
Meta Platforms annual/quarterly gross profit history and growth rate from 2010 to 2024. 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 March 31, 2024 was $29.815B, a 32.29% increase year-over-year.
- Meta Platforms gross profit for the twelve months ending March 31, 2024 was $116.221B, a 26.34% increase year-over-year.
- Meta Platforms annual gross profit for 2023 was $108.943B, a 19.25% increase from 2022.
- 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 (Millions of US $) |
|
|---|---|
| 2023 | $108,943 |
| 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 $) |
|
|---|---|
| 2024-03-31 | $29,815 |
| 2023-12-31 | $32,416 |
| 2023-09-30 | $27,936 |
| 2023-06-30 | $26,054 |
| 2023-03-31 | $22,537 |
| 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 | $1266.973B | $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 | $102.651B | 101.61 |
| CrowdStrike (CRWD) | United States | $94.791B | 590.17 |
| PayPal Holdings (PYPL) | United States | $61.842B | 14.82 |
| Workday (WDAY) | United States | $55.038B | 130.62 |
| Fortinet (FTNT) | United States | $45.187B | 40.24 |
| Sea (SE) | Singapore | $43.658B | 1525.60 |
| Snowflake (SNOW) | United States | $42.720B | 0.00 |
| Atlassian (TEAM) | United States | $39.872B | 0.00 |
| Datadog (DDOG) | United States | $38.969B | 291.25 |
| Pinterest (PINS) | United States | $30.210B | 184.25 |
| Veeva Systems (VEEV) | United States | $28.894B | 51.07 |
| HubSpot (HUBS) | United States | $28.641B | 0.00 |
| Cloudflare (NET) | United States | $26.871B | 0.00 |
| Snap (SNAP) | United States | $25.928B | 0.00 |
| Zoom Video Communications (ZM) | United States | $17.384B | 21.62 |
| Topicus (TOITF) | Canada | $17.135B | 88.93 |
| Samsara (IOT) | United States | $16.301B | 0.00 |
| MongoDB (MDB) | United States | $16.053B | 0.00 |
| Bentley Systems (BSY) | United States | $14.963B | 65.66 |
| Aspen Technology (AZPN) | United States | $12.279B | 35.00 |
| Toast (TOST) | United States | $10.890B | 0.00 |
| Monday (MNDY) | Israel | $10.866B | 625.22 |
| Nice (NICE) | Israel | $10.477B | 23.77 |
| F5 (FFIV) | United States | $9.936B | 16.82 |
| Reddit (RDDT) | United States | $9.845B | 0.00 |
| Twilio (TWLO) | United States | $9.076B | 0.00 |
| Informatica (INFA) | United States | $8.867B | 81.22 |
| AppFolio (APPF) | United States | $8.393B | 227.22 |
| Paycom Software (PAYC) | United States | $8.220B | 17.66 |
| Dayforce (DAY) | United States | $7.762B | 62.23 |
| KANZHUN LIMITED (BZ) | China | $7.718B | 52.49 |
| Paylocity Holding (PCTY) | United States | $7.554B | 35.99 |
| GitLab (GTLB) | United States | $6.834B | 0.00 |
| HashiCorp (HCP) | United States | $6.747B | 0.00 |
| Unity Software (U) | United States | $6.285B | 0.00 |
| Smartsheet (SMAR) | United States | $5.705B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $5.533B | 0.00 |
| Vertex (VERX) | United States | $5.472B | 135.69 |
| Rubrik (RBRK) | United States | $5.392B | 0.00 |
| BILL Holdings (BILL) | United States | $4.984B | 180.62 |
| Clearwater Analytics Holdings (CWAN) | United States | $4.671B | 0.00 |
| Tenable Holdings (TENB) | United States | $4.654B | 0.00 |
| Alight (ALIT) | United States | $4.138B | 16.75 |
| Workiva (WK) | United States | $3.850B | 0.00 |
| Box (BOX) | United States | $3.693B | 150.47 |
| StoneCo (STNE) | Cayman Islands | $3.683B | 10.56 |
| NCino (NCNO) | United States | $3.624B | 314.90 |
| Freshworks (FRSH) | United States | $3.616B | 0.00 |
| Clarivate (CLVT) | United Kingdom | $3.555B | 7.94 |
| Kingdee Software Group (KGDEY) | China | $3.550B | 0.00 |
| Waystar Holding (WAY) | $3.500B | 0.00 | |
| JFrog (FROG) | United States | $3.305B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $3.197B | 48.97 |
| DigitalOcean Holdings (DOCN) | United States | $3.165B | 41.87 |
| Five9 (FIVN) | United States | $2.961B | 0.00 |
| BlackLine (BL) | United States | $2.724B | 110.15 |
| Asana (ASAN) | United States | $2.708B | 0.00 |
| Evolent Health (EVH) | United States | $2.565B | 39.41 |
| Ziff Davis (ZD) | United States | $2.439B | 9.18 |
| Alkami Technology (ALKT) | United States | $2.430B | 0.00 |
| Intapp (INTA) | United States | $2.384B | 0.00 |
| Calix (CALX) | United States | $2.289B | 49.91 |
| AvidXchange Holdings (AVDX) | United States | $2.268B | 0.00 |
| Rapid7 (RPD) | United States | $2.264B | 90.82 |
| ODDITY Tech (ODD) | Israel | $2.216B | 33.59 |
| Rumble (RUM) | United States | $2.160B | 0.00 |
| PagerDuty (PD) | United States | $2.017B | 0.00 |
| SolarWinds (SWI) | United States | $2.007B | 22.09 |
| Paycor HCM (PYCR) | United States | $1.987B | 74.33 |
| Appian (APPN) | United States | $1.937B | 0.00 |
| SEMrush Holdings (SEMR) | United States | $1.922B | 147.00 |
| Magnite (MGNI) | United States | $1.867B | 166.62 |
| EverCommerce (EVCM) | United States | $1.827B | 0.00 |
| Compass (COMP) | United States | $1.775B | 0.00 |
| Grindr (GRND) | United States | $1.743B | 38.15 |
| E2open Parent Holdings (ETWO) | United States | $1.509B | 24.61 |
| Diebold Nixdorf (DBD) | United States | $1.504B | 0.00 |
| Getty Images Holdings (GETY) | United States | $1.467B | 25.64 |
| Everbridge (EVBG) | United States | $1.444B | 111.93 |
| Zuora (ZUO) | United States | $1.365B | 0.00 |
| Bumble (BMBL) | United States | $1.272B | 59.29 |
| Arlo Technologies (ARLO) | United States | $1.260B | 0.00 |
| Udemy (UDMY) | United States | $1.239B | 0.00 |
| VTEX (VTEX) | United Kingdom | $1.198B | 0.00 |
| WalkMe (WKME) | Israel | $1.196B | 0.00 |
| Model N (MODN) | United States | $1.180B | 136.00 |
| Docebo (DCBO) | Canada | $1.135B | 64.43 |
| Riskified (RSKD) | United States | $1.089B | 0.00 |
| Soho House & Co (SHCO) | United Kingdom | $1.055B | 0.00 |
| Enfusion (ENFN) | United States | $1.044B | 203.75 |
| PubMatic (PUBM) | United States | $1.018B | 97.10 |
| Nextdoor Holdings (KIND) | United States | $0.995B | 0.00 |
| Fastly (FSLY) | United States | $0.955B | 0.00 |
| Tuya (TUYA) | China | $0.873B | 0.00 |
| Hello Group (MOMO) | China | $0.865B | 5.43 |
| Couchbase (BASE) | United States | $0.848B | 0.00 |
| Radware (RDWR) | Israel | $0.764B | 0.00 |
| Yalla Group (YALA) | $0.704B | 6.34 | |
| Olo (OLO) | United States | $0.700B | 0.00 |
| Kingsoft Cloud Holdings (KC) | China | $0.680B | 0.00 |
| Thryv Holdings (THRY) | United States | $0.663B | 97.37 |
| I3 Verticals (IIIV) | United States | $0.658B | 23.98 |
| Blend Labs (BLND) | United States | $0.591B | 0.00 |
| Planet Labs PBC (PL) | United States | $0.544B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.540B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.483B | 44.00 |
| CS Disco (LAW) | United States | $0.331B | 0.00 |
| Jiayin Group (JFIN) | China | $0.327B | 1.82 |
| Consensus Cloud Solutions (CCSI) | United States | $0.313B | 3.43 |
| Arteris (AIP) | United States | $0.312B | 0.00 |
| Materialise (MTLS) | Belgium | $0.295B | 25.00 |
| ReposiTrak (TRAK) | United States | $0.284B | 53.72 |
| Chegg (CHGG) | United States | $0.276B | 33.75 |
| Rimini Street (RMNI) | United States | $0.257B | 8.11 |
| Domo (DOMO) | United States | $0.253B | 0.00 |
| Innovid (CTV) | Israel | $0.250B | 0.00 |
| Backblaze (BLZE) | United States | $0.242B | 0.00 |
| 8x8 Inc (EGHT) | United States | $0.236B | 0.00 |
| ON24 (ONTF) | United States | $0.231B | 0.00 |
| Audioeye (AEYE) | United States | $0.213B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $0.199B | 0.00 |
| EGain (EGAN) | United States | $0.186B | 22.21 |
| Kaltura (KLTR) | United States | $0.182B | 0.00 |
| Perfect (PERF) | Taiwan | $0.157B | 23.00 |
| Digital Turbine (APPS) | United States | $0.148B | 5.76 |
| Porch (PRCH) | United States | $0.146B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.143B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.126B | 0.00 |
| Plum Acquisition I (PLMI) | United States | $0.124B | 0.00 |
| Rekor Systems (REKR) | United States | $0.115B | 0.00 |
| Inseego (INSG) | United States | $0.104B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.084B | 0.00 |
| SurgePays (SURG) | United States | $0.069B | 3.07 |
| Upland Software (UPLD) | United States | $0.066B | 7.27 |
| GAN (GAN) | United States | $0.064B | 0.00 |
| Edgio (EGIO) | United States | $0.059B | 0.00 |
| Quantum Computing (QUBT) | United States | $0.056B | 0.00 |
| Cirata (WANSF) | Jersey | $0.052B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.051B | 0.00 |
| Phunware (PHUN) | United States | $0.045B | 0.00 |
| KOREs (KORE) | United States | $0.045B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.043B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.037B | 7.44 |
| MariaDB (MRDB) | United States | $0.037B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.034B | 0.00 |
| OneMedNet (ONMD) | United States | $0.029B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.028B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.027B | 0.00 |
| Aurora Mobile (JG) | China | $0.019B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.018B | 0.00 |
| 2U (TWOU) | United States | $0.016B | 0.00 |
| Shiftpixy (PIXY) | United States | $0.016B | 0.00 |
| ARB IOT Group (ARBB) | Singapore | $0.013B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.013B | 0.00 |
| Nvni Group (NVNI) | United States | $0.012B | 0.00 |
| Verb Technology (VERB) | United States | $0.012B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.012B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.010B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.009B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.009B | 0.00 |
| CISO Global (CISO) | United States | $0.009B | 0.00 |
| Amesite (AMST) | United States | $0.007B | 0.00 |
| Collective Audience (CAUD) | United States | $0.006B | 0.00 |
| WaveDancer (WAVD) | United States | $0.005B | 0.00 |
| DatChat (DATS) | United States | $0.004B | 0.00 |
| Versus Systems (VS) | Canada | $0.004B | 0.00 |
| Locafy (LCFY) | Australia | $0.003B | 0.00 |
| Oblong (OBLG) | United States | $0.003B | 0.00 |
| SCWorx (WORX) | United States | $0.002B | 0.00 |
| My Size (MYSZ) | Israel | $0.002B | 0.00 |
| BYND Cannasoft Enterprises (BCAN) | Israel | $0.000B | 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 | 25.53 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |