Meta Platforms (META) Revenue & Revenue Breakdown

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Meta Platforms Revenue Highlights

Latest Revenue (Y)

$134.90B

Latest Revenue (Q)

$40.59B

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
2024-09-30	$40.59B	3.89%
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 $40.59B in revenue during Q3 2024, up 3.89% compared to the previous quarter, and up 126.84% 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	-	-
Service, Other	-	-	-	$1.80B	$1.04B
Advertising	-	-	-	$84.17B	$69.66B

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	Sep 24	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
Reality Labs	$270.00M	$353.00M	$1.07B	$210.00M	$276.00M	$339.00M	$726.00M	$285.00M	$452.00M	$695.00M	-	-	-	-	-	-	-	-	-	-
Family of Apps	$40.32B	$38.72B	$39.04B	$33.94B	$31.72B	$28.31B	$31.44B	$27.43B	$28.37B	$27.21B	-	-	-	-	-	-	-	-	-	-
Advertising	-	-	-	-	-	-	-	-	-	-	$28.28B	$28.58B	$25.44B	$27.19B	$21.22B	$18.32B	$17.44B	$20.74B	$17.38B	$16.62B
Service, Other	-	-	-	-	-	-	-	-	-	-	$734.00M	$497.00M	$732.00M	$884.00M	$249.00M	$366.00M	$297.00M	-	-	-
Payments and Other Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$269.00M	$262.00M

Meta Platforms's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Family of Apps (99.33%), and Reality Labs (0.67%).

Meta Platforms Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Asia Pacific	$36.15B	$27.76B	$26.74B	$19.85B	$15.41B
US & Canada	$52.89B	$50.15B	$51.54B	$38.43B	$32.21B
Rest Of World	$14.65B	$12.02B	$10.59B	$7.33B	$6.26B
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	Sep 24	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
Rest Of World	$4.52B	$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
US & Canada	$15.62B	$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
Asia Pacific	$11.24B	$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
Europe	$9.21B	$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
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

Meta Platforms's latest quarterly revenue breakdown by geography, as of Sep 24: US & Canada (38.48%), Asia Pacific (27.70%), Europe (22.68%), and Rest Of World (11.14%).

Meta Platforms Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GOOG	Alphabet	$307.39B	$88.27B
META	Meta Platforms	$134.90B	$40.59B
BIDU	Baidu	$134.60B	$31.51B
SNAP	Snap	$4.61B	$1.37B
TWLO	Twilio	$4.15B	$1.13B
PINS	Pinterest	$3.06B	$898.37M

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 Q3 2024 was $40.59B, a 3.89% increase from the previous quarter (Q2 2024), and a 18.87% increase year-over-year (Q3 2023). The company'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). META'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).

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.