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).
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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
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Aspen Technology (AZPN) United States $12.279B 35.00
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Reddit (RDDT) United States $9.845B 0.00
Twilio (TWLO) United States $9.076B 0.00
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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
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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
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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
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Compass (COMP) United States $1.775B 0.00
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E2open Parent Holdings (ETWO) United States $1.509B 24.61
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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
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Kingsoft Cloud Holdings (KC) China $0.680B 0.00
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Planet Labs PBC (PL) United States $0.544B 0.00
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CS Disco (LAW) United States $0.331B 0.00
Jiayin Group (JFIN) China $0.327B 1.82
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Arteris (AIP) United States $0.312B 0.00
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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
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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
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Kaltura (KLTR) United States $0.182B 0.00
Perfect (PERF) Taiwan $0.157B 23.00
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Porch (PRCH) United States $0.146B 0.00
Cheetah Mobile (CMCM) China $0.143B 0.00
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Rekor Systems (REKR) United States $0.115B 0.00
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Next Technology Holding (NXTT) China $0.012B 0.00
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Versus Systems (VS) Canada $0.004B 0.00
Locafy (LCFY) Australia $0.003B 0.00
Oblong (OBLG) United States $0.003B 0.00
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My Size (MYSZ) Israel $0.002B 0.00
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Qutoutiao (QTT) China $0.000B 0.00
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ForgeRock (FORG) United States $0.000B 0.00
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Cloopen (RAAS) China $0.000B 0.00