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Meta Platforms's Revenue

  • Meta Platforms's annual revenue was $134.90B in fiscal year 2023. The annual revenue increased $18.29B from $116.61B (in 2022) to $134.90B (in 2023), representing a 15.69% year-over-year growth.

  • Meta Platforms's quarterly revenue was $40.59B in the quarter ending Sep 2024. The quarterly revenue increased $6.44B from $34.15B (in Q3: June 2023) to $40.59B (in Q3: June 2024), representing a 18.87% year-over-year growth.

  • Over the past 10 years (2014 - 2023):
  • The highest annual revenue for Meta Platforms was $134.90B in fiscal year 2023.
  • The lowest annual revenue was $12.47B in fiscal year 2014.
  • The average revenue was $68.06B.

  • Learn more about Meta Platforms's Revenue by Segment and Revenue by Region.

    Check out competitors to Meta Platforms in a side-by-side comparison.

    Explore additional financial metrics for Meta Platforms.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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2023

Meta Platforms's annual revenue was $134.90B in fiscal year 2023.

Meta Platforms's quarterly revenue was $28.65B(Q1: Mar 2023), $32.00B(Q2: Jun 2023), $34.15B(Q3: Sep 2023), $40.11B(Q4: Dec 2023) in fiscal year 2023.

2022

Meta Platforms's annual revenue was $116.61B in fiscal year 2023.

Meta Platforms's quarterly revenue was $27.91B(Q1: Mar 2022), $28.82B(Q2: Jun 2022), $27.71B(Q3: Sep 2022), $32.17B(Q4: Dec 2022) in fiscal year 2022.

2021

Meta Platforms's annual revenue was $117.93B in fiscal year 2023.

Meta Platforms's quarterly revenue was $26.17B(Q1: Mar 2021), $29.08B(Q2: Jun 2021), $29.01B(Q3: Sep 2021), $33.67B(Q4: Dec 2021) in fiscal year 2021.

2020

Meta Platforms's annual revenue was $85.97B in fiscal year 2023.

Meta Platforms's quarterly revenue was $17.74B(Q1: Mar 2020), $18.69B(Q2: Jun 2020), $21.47B(Q3: Sep 2020), $28.07B(Q4: Dec 2020) in fiscal year 2020.

2019

Meta Platforms's annual revenue was $70.70B in fiscal year 2023.

Meta Platforms's quarterly revenue was $15.08B(Q1: Mar 2019), $16.89B(Q2: Jun 2019), $17.65B(Q3: Sep 2019), $21.08B(Q4: Dec 2019) in fiscal year 2019.

2018

Meta Platforms's annual revenue was $55.84B in fiscal year 2023.

Meta Platforms's quarterly revenue was $11.97B(Q1: Mar 2018), $13.23B(Q2: Jun 2018), $13.73B(Q3: Sep 2018), $16.91B(Q4: Dec 2018) in fiscal year 2018.

2017

Meta Platforms's annual revenue was $40.65B in fiscal year 2023.

Meta Platforms's quarterly revenue was $8.03B(Q1: Mar 2017), $9.32B(Q2: Jun 2017), $10.33B(Q3: Sep 2017), $12.97B(Q4: Dec 2017) in fiscal year 2017.

2016

Meta Platforms's annual revenue was $27.64B in fiscal year 2023.

Meta Platforms's quarterly revenue was $5.38B(Q1: Mar 2016), $6.44B(Q2: Jun 2016), $7.01B(Q3: Sep 2016), $8.81B(Q4: Dec 2016) in fiscal year 2016.

2015

Meta Platforms's annual revenue was $17.93B in fiscal year 2023.

Meta Platforms's quarterly revenue was $3.54B(Q1: Mar 2015), $4.04B(Q2: Jun 2015), $4.50B(Q3: Sep 2015), $5.84B(Q4: Dec 2015) in fiscal year 2015.

2014

Meta Platforms's annual revenue was $12.47B in fiscal year 2023.

Meta Platforms's quarterly revenue was $2.50B(Q1: Mar 2014), $2.91B(Q2: Jun 2014), $3.20B(Q3: Sep 2014), $3.85B(Q4: Dec 2014) in fiscal year 2014.

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2013 0
2014 +58.36
2015 +43.82
2016 +54.16
2017 +47.09
2018 +37.35
2019 +26.61
2020 +21.60
2021 +37.18
2022 -1.12
2023 +15.69

2023

Meta Platforms’s annual revenue increased +15.69% during fiscal year 2023 compared to 2022. It represents a growth of $18.29B from $116.61B (in 2022) to $134.90B (in 2023).

2022

Meta Platforms’s annual revenue decreased -1.12% during fiscal year 2022 compared to 2021. It represents a decline of -$1.32B from $117.93B (in 2021) to $116.61B (in 2022).

2021

Meta Platforms’s annual revenue increased +37.18% during fiscal year 2021 compared to 2020. It represents a growth of $31.96B from $85.97B (in 2020) to $117.93B (in 2021).

2020

Meta Platforms’s annual revenue increased +21.60% during fiscal year 2020 compared to 2019. It represents a growth of $15.27B from $70.70B (in 2019) to $85.97B (in 2020).

2019

Meta Platforms’s annual revenue increased +26.61% during fiscal year 2019 compared to 2018. It represents a growth of $14.86B from $55.84B (in 2018) to $70.70B (in 2019).

2018

Meta Platforms’s annual revenue increased +37.35% during fiscal year 2018 compared to 2017. It represents a growth of $15.19B from $40.65B (in 2017) to $55.84B (in 2018).

2017

Meta Platforms’s annual revenue increased +47.09% during fiscal year 2017 compared to 2016. It represents a growth of $13.02B from $27.64B (in 2016) to $40.65B (in 2017).

2016

Meta Platforms’s annual revenue increased +54.16% during fiscal year 2016 compared to 2015. It represents a growth of $9.71B from $17.93B (in 2015) to $27.64B (in 2016).

2015

Meta Platforms’s annual revenue increased +43.82% during fiscal year 2015 compared to 2014. It represents a growth of $5.46B from $12.47B (in 2014) to $17.93B (in 2015).

2014

Meta Platforms’s annual revenue increased +58.36% during fiscal year 2014 compared to 2013. It represents a growth of $4.59B from $7.87B (in 2013) to $12.47B (in 2014).

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Summary Table (Annual)

Period Revenue Year-over-Year Change
2023 $134.90B +15.69%
2022 $116.61B -1.12%
2021 $117.93B +37.18%
2020 $85.97B +21.60%
2019 $70.70B +26.61%
2018 $55.84B +37.35%
2017 $40.65B +47.09%
2016 $27.64B +54.16%
2015 $17.93B +43.82%
2014 $12.47B +58.36%

Summary Table (Quarterly)

Period Revenue Year-over-Year Change
Q3: Sep 24 $40.59B 18.87%
Q2: Jun 24 $39.07B 22.10%
Q1: Mar 24 $36.46B 27.26%
Q4: Dec 23 $40.11B 24.70%
Q3: Sep 23 $34.15B 23.21%
Q2: Jun 23 $32.00B 11.02%
Q1: Mar 23 $28.65B 2.64%
Q4: Dec 22 $32.17B -4.47%
Q3: Sep 22 $27.71B -4.47%
Q2: Jun 22 $28.82B -0.88%
Q1: Mar 22 $27.91B 6.64%
Q4: Dec 21 $33.67B 19.95%
Q3: Sep 21 $29.01B 35.12%
Q2: Jun 21 $29.08B 55.60%
Q1: Mar 21 $26.17B 47.55%
Q4: Dec 20 $28.07B 33.16%
Q3: Sep 20 $21.47B 21.63%
Q2: Jun 20 $18.69B 10.67%
Q1: Mar 20 $17.74B 17.64%
Q4: Dec 19 $21.08B 24.64%
Q3: Sep 19 $17.65B 28.59%
Q2: Jun 19 $16.89B 27.62%
Q1: Mar 19 $15.08B 26.00%
Q4: Dec 18 $16.91B 30.39%
Q3: Sep 18 $13.73B 32.91%
Q2: Jun 18 $13.23B 41.95%
Q1: Mar 18 $11.97B 48.98%
Q4: Dec 17 $12.97B 47.26%
Q3: Sep 17 $10.33B 47.31%
Q2: Jun 17 $9.32B 44.83%
Q1: Mar 17 $8.03B 49.24%
Q4: Dec 16 $8.81B 50.81%
Q3: Sep 16 $7.01B 55.77%
Q2: Jun 16 $6.44B 59.23%
Q1: Mar 16 $5.38B 51.91%
Q4: Dec 15 $5.84B 51.67%
Q3: Sep 15 $4.50B 40.52%
Q2: Jun 15 $4.04B 38.90%
Q1: Mar 15 $3.54B 41.61%
Q4: Dec 14 $3.85B 48.97%
Q3: Sep 14 $3.20B 58.88%
Q2: Jun 14 $2.91B 60.51%
Q1: Mar 14 $2.50B 71.60%