Meta Platforms Cost of Goods Sold 2010-2024 | META

Meta Platforms annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Meta Platforms cost of goods sold for the quarter ending December 31, 2024 was $8.838B, a 14.84% increase year-over-year.
  • Meta Platforms cost of goods sold for the twelve months ending December 31, 2024 was $30.161B, a 16.19% increase year-over-year.
  • Meta Platforms annual cost of goods sold for 2024 was $30.161B, a 16.19% increase from 2023.
  • Meta Platforms annual cost of goods sold for 2023 was $25.959B, a 2.81% increase from 2022.
  • Meta Platforms annual cost of goods sold for 2022 was $25.249B, a 11.48% increase from 2021.
Meta Platforms Annual Cost of Goods Sold
(Millions of US $)
2024 $30,161
2023 $25,959
2022 $25,249
2021 $22,649
2020 $16,692
2019 $12,770
2018 $9,355
2017 $5,454
2016 $3,789
2015 $2,867
2014 $2,153
2013 $1,875
2012 $1,364
2011 $860
2010 $493
2009 $223
Meta Platforms Quarterly Cost of Goods Sold
(Millions of US $)
2024-12-31 $8,838
2024-09-30 $7,375
2024-06-30 $7,308
2024-03-31 $6,640
2023-12-31 $7,696
2023-09-30 $6,210
2023-06-30 $5,945
2023-03-31 $6,108
2022-12-31 $8,336
2022-09-30 $5,716
2022-06-30 $5,192
2022-03-31 $6,005
2021-12-31 $6,348
2021-09-30 $5,771
2021-06-30 $5,399
2021-03-31 $5,131
2020-12-31 $5,210
2020-09-30 $4,194
2020-06-30 $3,829
2020-03-31 $3,459
2019-12-31 $3,492
2019-09-30 $3,155
2019-06-30 $3,307
2019-03-31 $2,816
2018-12-31 $2,796
2018-09-30 $2,418
2018-06-30 $2,214
2018-03-31 $1,927
2017-12-31 $1,610
2017-09-30 $1,448
2017-06-30 $1,237
2017-03-31 $1,159
2016-12-31 $1,047
2016-09-30 $987
2016-06-30 $917
2016-03-31 $838
2015-12-31 $825
2015-09-30 $720
2015-06-30 $668
2015-03-31 $654
2014-12-31 $653
2014-09-30 $565
2014-06-30 $473
2014-03-31 $462
2013-12-31 $490
2013-09-30 $507
2013-06-30 $465
2013-03-31 $413
2012-12-31 $398
2012-09-30 $322
2012-06-30 $367
2012-03-31 $277
2011-12-31 $247
2011-09-30 $236
2011-06-30 $210
2011-03-31 $167
2010-12-31 $150
2010-09-30 $131
2010-06-30 $111
2010-03-31 $100
2009-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $1692.814B $164.501B
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
ARM Holdings (ARM) United Kingdom $147.252B 209.75
PayPal Holdings (PYPL) United States $74.440B 16.11
Atlassian (TEAM) United States $74.424B 0.00
Sea (SE) Singapore $72.796B 847.93
Workday (WDAY) United States $69.641B 137.79
Adyen (ADYEY) Netherlands $57.744B 0.00
Snowflake (SNOW) United States $56.421B 0.00
Cloudflare (NET) United States $50.793B 0.00
Datadog (DDOG) United States $39.921B 206.16
HubSpot (HUBS) United States $37.745B 0.00
Reddit (RDDT) United States $29.952B 0.00
Samsara (IOT) United States $28.413B 0.00
Pinterest (PINS) United States $25.061B 92.38
Zoom Communications (ZM) United States $24.857B 27.58
Topicus (TOITF) Canada $20.347B 86.58
MongoDB (MDB) United States $19.891B 0.00
Grab Holdings (GRAB) Singapore $19.410B 0.00
Twilio (TWLO) United States $18.102B 168.60
Snap (SNAP) United States $17.676B 0.00
Toast (TOST) United States $17.512B 0.00
Docusign (DOCU) United States $16.907B 75.40
F5 (FFIV) United States $16.904B 26.88
Guidewire Software (GWRE) United States $16.852B 576.49
Aspen Technology (AZPN) United States $16.701B 41.67
Monday (MNDY) Israel $14.392B 266.16
Bentley Systems (BSY) United States $13.556B 53.60
SailPoint (SAIL) $12.996B 0.00
Paycom Software (PAYC) United States $12.552B 24.97
Rubrik (RBRK) United States $12.545B 0.00
Procore Technologies (PCOR) United States $11.957B 0.00
Paylocity Holding (PCTY) United States $11.575B 47.39
Klaviyo (KVYO) United States $11.209B 4157.00
Unity Software (U) United States $11.176B 0.00
Elastic (ESTC) United States $10.872B 0.00
Confluent (CFLT) United States $10.197B 0.00
Dayforce (DAY) United States $10.161B 62.55
Nice (NICE) Israel $10.122B 18.63
GitLab (GTLB) United States $10.108B 0.00
Altair Engineering (ALTR) United States $9.504B 153.01
AppFolio (APPF) United States $7.827B 73.38
Clearwater Analytics Holdings (CWAN) United States $7.552B 218.36
ServiceTitan (TTAN) United States $7.376B 0.00
Waystar Holding (WAY) United States $7.242B 0.00
HashiCorp (HCP) United States $7.041B 0.00
Vertex (VERX) United States $6.806B 117.95
CCC Intelligent Solutions Holdings (CCCS) United States $6.714B 68.20
Kingdee Software Group (KGDEY) China $6.182B 0.00
KANZHUN LIMITED (BZ) China $6.094B 35.56
TEMENOS GROUP (TMSNY) Switzerland $6.086B 0.00
Informatica (INFA) United States $5.894B 43.86
OneStream (OS) United States $5.779B 0.00
Trump Media & Technology Group (DJT) United States $5.662B 0.00
BILL Holdings (BILL) United States $5.430B 121.04
Intapp (INTA) United States $5.232B 0.00
Freshworks (FRSH) United States $5.209B 0.00
Q2 Holdings (QTWO) United States $5.209B 1715.40
Box (BOX) United States $4.787B 114.86
Kingsoft Cloud Holdings (KC) China $4.681B 0.00
Workiva (WK) United States $4.653B 0.00
Compass (COMP) United States $4.644B 0.00
Tenable Holdings (TENB) United States $4.641B 0.00
Asana (ASAN) United States $4.533B 0.00
Paycor HCM (PYCR) United States $4.035B 74.00
Braze (BRZE) United States $3.985B 0.00
JFrog (FROG) United States $3.867B 0.00
Rumble (RUM) United States $3.820B 0.00
DoubleVerify Holdings (DV) United States $3.776B 60.32
Alight (ALIT) United States $3.769B 15.42
NCino (NCNO) United States $3.638B 224.43
DigitalOcean Holdings (DOCN) United States $3.430B 31.77
CLEAR Secure (YOU) United States $3.364B 25.40
Grindr (GRND) United States $3.361B 100.16
AvePoint (AVPT) United States $3.184B 0.00
Five9 (FIVN) United States $3.167B 189.86
SolarWinds (SWI) United States $3.137B 20.09
BlackLine (BL) United States $3.085B 44.24
Alkami Technology (ALKT) United States $3.026B 0.00
StoneCo (STNE) Cayman Islands $2.984B 7.43
Appian (APPN) United States $2.837B 0.00
Calix (CALX) United States $2.541B 0.00
Magnite (MGNI) United States $2.489B 104.06
ODDITY Tech (ODD) Israel $2.454B 27.32
SEMrush Holdings (SEMR) United States $2.324B 198.00
Flywire (FLYW) United States $2.156B 115.53
NCR Atleos (NATL) United States $2.114B 13.44
Ziff Davis (ZD) United States $2.052B 8.03
Rapid7 (RPD) United States $1.990B 36.60
Tuya (TUYA) China $1.988B 0.00
Rigetti Computing (RGTI) United States $1.946B 0.00
AvidXchange Holdings (AVDX) United States $1.876B 456.00
EverCommerce (EVCM) United States $1.840B 0.00
D-Wave Quantum (QBTS) United States $1.725B 0.00
PagerDuty (PD) United States $1.626B 0.00
Diebold Nixdorf (DBD) United States $1.625B 11.23
Soho House & Co (SHCO) United Kingdom $1.471B 0.00
Enfusion (ENFN) United States $1.471B 228.80
Udemy (UDMY) United States $1.432B 0.00
Karooooo (KARO) Singapore $1.431B 29.32
WEBTOON Entertainment (WBTN) United States $1.313B 0.00
SoftwareOne Holding AG (SWONF) Switzerland $1.212B 0.00
Evolent Health (EVH) United States $1.187B 33.93
Docebo (DCBO) Canada $1.170B 48.92
Arlo Technologies (ARLO) United States $1.159B 0.00
VTEX (VTEX) United Kingdom $1.135B 102.83
Hello Group (MOMO) China $1.133B 8.06
Penguin Solutions (PENG) Cayman Islands $1.113B 24.00
Olo (OLO) United States $1.092B 0.00
CI&T (CINT) Brazil $0.997B 37.10
Nextdoor Holdings (KIND) United States $0.986B 0.00
Fastly (FSLY) United States $0.969B 0.00
Radware (RDWR) Israel $0.968B 82.36
Weave Communications (WEAV) United States $0.967B 0.00
Riskified (RSKD) United States $0.941B 0.00
Quantum Computing (QUBT) United States $0.941B 0.00
Blend Labs (BLND) United States $0.911B 0.00
Getty Images Holdings (GETY) United States $0.908B 20.09
I3 Verticals (IIIV) United States $0.887B 76.66
Couchbase (BASE) United States $0.866B 0.00
E2open Parent Holdings (ETWO) United States $0.800B 12.26
Thryv Holdings (THRY) United States $0.772B 0.00
PubMatic (PUBM) United States $0.699B 47.23
ONESPAN INC (OSPN) United States $0.647B 16.08
Cognyte Software (CGNT) Israel $0.647B 0.00
Yalla Group (YALA) $0.634B 5.48
Bumble (BMBL) United States $0.598B 9.70
Definitive Healthcare (DH) United States $0.568B 98.40
BigCommerce Holdings (BIGC) United States $0.534B 0.00
Jiayin Group (JFIN) China $0.509B 3.16
Consensus Cloud Solutions (CCSI) United States $0.506B 5.32
Porch (PRCH) United States $0.470B 0.00
Digital Turbine (APPS) United States $0.411B 65.17
Arteris (AIP) United States $0.382B 0.00
Materialise (MTLS) Belgium $0.360B 24.40
8x8 Inc (EGHT) United States $0.358B 0.00
ReposiTrak (TRAK) United States $0.356B 60.91
ZSpace (ZSPC) United States $0.337B 0.00
Kaltura (KLTR) United States $0.328B 0.00
Backblaze (BLZE) United States $0.314B 0.00
CS Disco (LAW) United States $0.311B 0.00
Domo (DOMO) United States $0.309B 0.00
Rimini Street (RMNI) United States $0.289B 7.40
ON24 (ONTF) United States $0.254B 0.00
A2Z Cust2Mate Solutions (AZ) Canada $0.226B 0.00
Sangoma Technologies (SANG) Canada $0.192B 0.00
Arqit Quantum (ARQQ) United Kingdom $0.179B 0.00
Inseego (INSG) United States $0.177B 0.00
Audioeye (AEYE) United States $0.175B 84.71
Perfect (PERF) Taiwan $0.172B 18.36
Cheetah Mobile (CMCM) China $0.167B 0.00
Chegg (CHGG) United States $0.163B 0.00
Rekor Systems (REKR) United States $0.150B 0.00
EGain (EGAN) United States $0.145B 36.71
Cloudastructure (CSAI) United States $0.127B 0.00
YXT.COM - (YXT) China $0.116B 0.00
NetClass Technology Inc (NTCL) China $0.110B 0.00
Upland Software (UPLD) United States $0.108B 10.37
Synchronoss Technologies (SNCR) United States $0.103B 0.00
EPWK Holdings (EPWK) $0.101B 0.00
GAN (GAN) United States $0.080B 0.00
Veea (VEEA) United States $0.073B 0.00
Phunware (PHUN) United States $0.067B 0.00
Aurora Mobile (JG) China $0.065B 0.00
Wellchange Holdings (WCT) Hong Kong, SAR China $0.054B 0.00
Datavault AI (DVLT) United States $0.053B 0.00
IZEA WORLDWIDE, INC (IZEA) United States $0.044B 0.00
Trident Digital Tech Holdings (TDTH) Singapore $0.043B 0.00
MultiSensor AI Holdings (MSAI) United States $0.042B 0.00
KOREs (KORE) United States $0.042B 0.00
MIND C.T.I (MNDO) Israel $0.041B 9.27
VirnetX Holding Corp (VHC) United States $0.034B 0.00
OneMedNet (ONMD) United States $0.029B 0.00
SCHMID Group (SHMD) Cayman Islands $0.027B 0.00
SurgePays (SURG) United States $0.027B 0.00
Wireless Ronin Technologies (CREX) United States $0.025B 16.13
Nvni Group (NVNI) Cayman Islands $0.023B 0.00
LeddarTech Holdings (LDTC) Canada $0.019B 0.00
Lifeward (LFWD) United States $0.017B 0.00
CISO Global (CISO) United States $0.013B 0.00
ARB IOT Group (ARBB) $0.012B 0.00
Locafy (LCFY) Australia $0.010B 0.00
Next Technology Holding (NXTT) China $0.009B 0.00
MF (MFI) Hong Kong, SAR China $0.008B 0.00
DatChat (DATS) United States $0.008B 0.00
Amesite (AMST) United States $0.007B 0.00
Iveda Solutions (IVDA) United States $0.006B 0.00
Versus Systems (VS) Canada $0.006B 0.00
Verb Technology (VERB) United States $0.005B 0.00
Oblong (OBLG) United States $0.004B 0.00
ICoreConnect (ICCT) United States $0.003B 0.00
SCWorx (WORX) United States $0.002B 0.00
Femto Technologies (FMTO) Israel $0.002B 0.00
My Size (MYSZ) Israel $0.002B 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
Cloopen (RAAS) China $0.000B 0.00
VSee Health (VSEE) United States $0.000B 0.00