Meta Platforms (META) Revenue & Revenue Breakdown
Meta Platforms Revenue Highlights
Latest Revenue (Y)
$134.90B
Latest Revenue (Q)
$39.07B
Main Segment (Y)
Family of Apps
Main Geography (Y)
US & Canada
Meta Platforms Revenue by Period
Meta Platforms Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $134.90B | 15.69% |
| 2022-12-31 | $116.61B | -1.12% |
| 2021-12-31 | $117.93B | 37.18% |
| 2020-12-31 | $85.97B | 21.60% |
| 2019-12-31 | $70.70B | 26.61% |
| 2018-12-31 | $55.84B | 37.35% |
| 2017-12-31 | $40.65B | 47.09% |
| 2016-12-31 | $27.64B | 54.16% |
| 2015-12-31 | $17.93B | 43.82% |
| 2014-12-31 | $12.47B | 58.36% |
| 2013-12-31 | $7.87B | 54.69% |
| 2012-12-31 | $5.09B | 37.13% |
| 2011-12-31 | $3.71B | 87.99% |
| 2010-12-31 | $1.97B | - |
Meta Platforms generated $134.90B in revenue during NA 2023, up 15.69% compared to the previous quarter, and up 241.60% compared to the same period a year ago.
Meta Platforms Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $39.07B | 7.18% |
| 2024-03-31 | $36.45B | -9.11% |
| 2023-12-31 | $40.11B | 17.47% |
| 2023-09-30 | $34.15B | 6.71% |
| 2023-06-30 | $32.00B | 11.71% |
| 2023-03-31 | $28.64B | -10.94% |
| 2022-12-31 | $32.16B | 16.06% |
| 2022-09-30 | $27.71B | -3.84% |
| 2022-06-30 | $28.82B | 3.28% |
| 2022-03-31 | $27.91B | -17.12% |
| 2021-12-31 | $33.67B | 16.07% |
| 2021-09-30 | $29.01B | -0.23% |
| 2021-06-30 | $29.08B | 11.10% |
| 2021-03-31 | $26.17B | -6.77% |
| 2020-12-31 | $28.07B | 30.75% |
| 2020-09-30 | $21.47B | 14.89% |
| 2020-06-30 | $18.69B | 5.36% |
| 2020-03-31 | $17.74B | -15.87% |
| 2019-12-31 | $21.08B | 19.43% |
| 2019-09-30 | $17.65B | 4.54% |
| 2019-06-30 | $16.89B | 12.00% |
| 2019-03-31 | $15.08B | -10.86% |
| 2018-12-31 | $16.91B | 23.22% |
| 2018-09-30 | $13.73B | 3.75% |
| 2018-06-30 | $13.23B | 10.57% |
| 2018-03-31 | $11.97B | -7.76% |
| 2017-12-31 | $12.97B | 25.60% |
| 2017-09-30 | $10.33B | 10.80% |
| 2017-06-30 | $9.32B | 16.05% |
| 2017-03-31 | $8.03B | -8.82% |
| 2016-12-31 | $8.81B | 25.65% |
| 2016-09-30 | $7.01B | 8.93% |
| 2016-06-30 | $6.44B | 19.58% |
| 2016-03-31 | $5.38B | -7.86% |
| 2015-12-31 | $5.84B | 29.77% |
| 2015-09-30 | $4.50B | 11.36% |
| 2015-06-30 | $4.04B | 14.08% |
| 2015-03-31 | $3.54B | -8.00% |
| 2014-12-31 | $3.85B | 20.23% |
| 2014-09-30 | $3.20B | 10.07% |
| 2014-06-30 | $2.91B | 16.31% |
| 2014-03-31 | $2.50B | -3.21% |
| 2013-12-31 | $2.58B | 28.22% |
| 2013-09-30 | $2.02B | 11.20% |
| 2013-06-30 | $1.81B | 24.35% |
| 2013-03-31 | $1.46B | -8.01% |
| 2012-12-31 | $1.58B | 25.59% |
| 2012-09-30 | $1.26B | 6.59% |
| 2012-06-30 | $1.18B | 11.91% |
| 2012-03-31 | $1.06B | -6.45% |
| 2011-12-31 | $1.13B | 18.55% |
| 2011-09-30 | $954.00M | 6.59% |
| 2011-06-30 | $895.00M | 22.44% |
| 2011-03-31 | $731.00M | - |
Meta Platforms generated $39.07B in revenue during Q2 2024, up 7.18% compared to the previous quarter, and up 136.40% compared to the same period a year ago.
Meta Platforms Revenue Breakdown
Meta Platforms Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Family of Apps | $133.01B | $114.45B | $115.66B | - | - |
| Reality Labs | $1.90B | $2.16B | $2.27B | - | - |
| Advertising | - | - | - | $84.17B | $69.66B |
| Service, Other | - | - | - | $1.80B | $1.04B |
Meta Platforms's latest annual revenue breakdown by segment (product or service), as of Dec 23: Family of Apps (98.59%), and Reality Labs (1.41%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Family of Apps | $38.72B | $39.04B | $33.94B | $31.72B | $28.31B | $31.44B | $27.43B | $28.37B | $27.21B | - | - | - | - | - | - | - | - | - | - | - |
| Reality Labs | $353.00M | $1.07B | $210.00M | $276.00M | $339.00M | $726.00M | $285.00M | $452.00M | $695.00M | - | - | - | - | - | - | - | - | - | - | - |
| Service, Other | - | - | - | - | - | - | - | - | - | $734.00M | $497.00M | $732.00M | $884.00M | $249.00M | $366.00M | $297.00M | - | - | - | - |
| Advertising | - | - | - | - | - | - | - | - | - | $28.28B | $28.58B | $25.44B | $27.19B | $21.22B | $18.32B | $17.44B | $20.74B | $17.38B | $16.62B | $14.91B |
| Payments and Other Fees | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $269.00M | $262.00M | $165.00M |
Meta Platforms's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Family of Apps (99.10%), and Reality Labs (0.90%).
Meta Platforms Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Rest Of World | $14.65B | $12.02B | $10.59B | $7.33B | $6.26B |
| US & Canada | $52.89B | $50.15B | $51.54B | $38.43B | $32.21B |
| Asia Pacific | $36.15B | $27.76B | $26.74B | $19.85B | $15.41B |
| Europe | $31.21B | $26.68B | $29.06B | $20.35B | $16.83B |
| UNITED STATES | - | $47.20B | $48.38B | $36.25B | $30.23B |
Meta Platforms's latest annual revenue breakdown by geography, as of Dec 23: US & Canada (39.20%), Asia Pacific (26.80%), Europe (23.14%), and Rest Of World (10.86%).
Quarterly Revenue by Country
| Country | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $9.15B | $9.36B | $7.58B | $7.51B | $6.76B | $7.40B | $6.00B | $6.65B | $6.64B | $8.44B | $7.02B | $7.22B | $6.38B | $6.90B | $5.05B | $4.25B | $4.15B | $5.05B | $4.05B | $4.10B |
| Rest Of World | $4.31B | $4.11B | $3.87B | $3.53B | $3.15B | $3.27B | $2.96B | $3.03B | $2.77B | $3.04B | $2.73B | $2.57B | $2.25B | $2.32B | $1.88B | $1.53B | $1.60B | $1.78B | $1.61B | $1.53B |
| US & Canada | $14.64B | $16.13B | $12.91B | $12.40B | $11.45B | $14.22B | $11.97B | $12.19B | $11.78B | $14.82B | $12.67B | $12.61B | $11.44B | $12.90B | $9.23B | $8.29B | $8.01B | $9.77B | $8.03B | $7.63B |
| Asia Pacific | $10.97B | $10.52B | $9.79B | $8.55B | $7.29B | $7.28B | $6.80B | $6.96B | $6.72B | $7.37B | $6.59B | $6.68B | $6.10B | $5.96B | $5.31B | $4.61B | $3.97B | $4.48B | $3.96B | $3.63B |
| UNITED STATES | - | - | - | $11.66B | $10.79B | $13.39B | $11.29B | $11.43B | $11.10B | $13.93B | $11.88B | $11.82B | $10.75B | $12.15B | $8.71B | $7.83B | $7.55B | $9.18B | $7.54B | $7.14B |
Meta Platforms's latest quarterly revenue breakdown by geography, as of Jun 24: US & Canada (37.47%), Asia Pacific (28.07%), Europe (23.43%), and Rest Of World (11.03%).
META Revenue FAQ
What is Meta Platforms’s yearly revenue?
Meta Platforms's yearly revenue for 2023 was $134.9B, representing an increase of 15.69% compared to 2022. The company's yearly revenue for 2022 was $116.61B, representing a decrease of -1.12% compared to 2021. META's yearly revenue for 2021 was $117.93B, representing an increase of 37.18% compared to 2020.
What is Meta Platforms’s quarterly revenue?
Meta Platforms's quarterly revenue for Q2 2024 was $39.07B, a 7.18% increase from the previous quarter (Q1 2024), and a 22.10% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $36.46B, a -9.11% decrease from the previous quarter (Q4 2023), and a 27.26% increase year-over-year (Q1 2023). META's quarterly revenue for Q4 2023 was $40.11B, a 17.47% increase from the previous quarter (Q3 2023), and a 24.70% increase year-over-year (Q4 2022).
What is Meta Platforms’s revenue growth rate?
Meta Platforms's revenue growth rate for the last 3 years (2021-2023) was 14.39%, and for the last 5 years (2019-2023) was 90.82%.
What are Meta Platforms’s revenue streams?
Meta Platforms's revenue streams in c 23 are Family of Apps, and Reality Labs. Family of Apps generated $133.01B in revenue, accounting 98.59% of the company's total revenue, up 16.21% year-over-year. Reality Labs generated $1.9B in revenue, accounting 1.41% of the company's total revenue, down -12.18% year-over-year.
What is Meta Platforms’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Meta Platforms was Family of Apps. This segment made a revenue of $133.01B, representing 98.59% of the company's total revenue.