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 March 31, 2024 was $6.640B, a 8.71% increase year-over-year.
- Meta Platforms cost of goods sold for the twelve months ending March 31, 2024 was $26.491B, a 4.49% increase year-over-year.
- 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 for 2021 was $22.649B, a 35.69% increase from 2020.
| Meta Platforms Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 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 $) |
|
|---|---|
| 2024-03-31 | $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 | $1265.502B | $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). | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Palo Alto Networks (PANW) | United States | $102.541B | 101.50 |
| CrowdStrike (CRWD) | United States | $91.973B | 572.62 |
| PayPal Holdings (PYPL) | United States | $62.229B | 14.91 |
| Workday (WDAY) | United States | $57.956B | 137.55 |
| Fortinet (FTNT) | United States | $44.522B | 39.65 |
| Sea (SE) | Singapore | $43.435B | 1517.80 |
| Atlassian (TEAM) | United States | $42.884B | 0.00 |
| Snowflake (SNOW) | United States | $41.783B | 0.00 |
| Datadog (DDOG) | United States | $39.635B | 296.23 |
| Veeva Systems (VEEV) | United States | $30.180B | 53.34 |
| Pinterest (PINS) | United States | $29.458B | 179.67 |
| HubSpot (HUBS) | United States | $29.232B | 0.00 |
| Cloudflare (NET) | United States | $26.708B | 0.00 |
| Snap (SNAP) | United States | $25.715B | 0.00 |
| Zoom Video Communications (ZM) | United States | $17.879B | 22.24 |
| Topicus (TOITF) | Canada | $17.339B | 89.99 |
| MongoDB (MDB) | United States | $17.158B | 0.00 |
| Samsara (IOT) | United States | $16.205B | 0.00 |
| Bentley Systems (BSY) | United States | $14.530B | 63.76 |
| Aspen Technology (AZPN) | United States | $12.667B | 36.11 |
| Toast (TOST) | United States | $11.592B | 0.00 |
| Monday (MNDY) | Israel | $10.702B | 615.78 |
| Nice (NICE) | Israel | $10.203B | 23.15 |
| F5 (FFIV) | United States | $9.887B | 16.73 |
| Twilio (TWLO) | United States | $9.382B | 0.00 |
| Reddit (RDDT) | United States | $9.235B | 0.00 |
| Informatica (INFA) | United States | $8.920B | 81.70 |
| Paycom Software (PAYC) | United States | $8.426B | 18.10 |
| AppFolio (APPF) | United States | $8.406B | 227.58 |
| Dayforce (DAY) | United States | $7.928B | 63.56 |
| Paylocity Holding (PCTY) | United States | $7.624B | 36.32 |
| KANZHUN LIMITED (BZ) | China | $7.586B | 51.59 |
| GitLab (GTLB) | United States | $7.007B | 0.00 |
| HashiCorp (HCP) | United States | $6.731B | 0.00 |
| Unity Software (U) | United States | $6.527B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $5.923B | 0.00 |
| Smartsheet (SMAR) | United States | $5.743B | 0.00 |
| Rubrik (RBRK) | United States | $5.431B | 0.00 |
| Vertex (VERX) | United States | $5.317B | 131.85 |
| BILL Holdings (BILL) | United States | $5.140B | 186.27 |
| Tenable Holdings (TENB) | United States | $4.817B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $4.651B | 0.00 |
| Alight (ALIT) | United States | $4.234B | 17.14 |
| Workiva (WK) | United States | $3.964B | 0.00 |
| Clarivate (CLVT) | United Kingdom | $3.796B | 8.48 |
| StoneCo (STNE) | Cayman Islands | $3.711B | 10.64 |
| Box (BOX) | United States | $3.704B | 150.94 |
| Freshworks (FRSH) | United States | $3.690B | 0.00 |
| Waystar Holding (WAY) | $3.628B | 0.00 | |
| NCino (NCNO) | United States | $3.627B | 315.20 |
| JFrog (FROG) | United States | $3.442B | 0.00 |
| Kingdee Software Group (KGDEY) | China | $3.414B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $3.273B | 50.13 |
| Five9 (FIVN) | United States | $3.019B | 0.00 |
| DigitalOcean Holdings (DOCN) | United States | $2.966B | 39.23 |
| BlackLine (BL) | United States | $2.938B | 118.80 |
| Asana (ASAN) | United States | $2.856B | 0.00 |
| Evolent Health (EVH) | United States | $2.561B | 39.36 |
| Ziff Davis (ZD) | United States | $2.561B | 9.64 |
| Alkami Technology (ALKT) | United States | $2.531B | 0.00 |
| Intapp (INTA) | United States | $2.526B | 0.00 |
| Rapid7 (RPD) | United States | $2.400B | 96.25 |
| Calix (CALX) | United States | $2.338B | 50.97 |
| AvidXchange Holdings (AVDX) | United States | $2.328B | 0.00 |
| ODDITY Tech (ODD) | Israel | $2.221B | 33.67 |
| Paycor HCM (PYCR) | United States | $2.171B | 81.20 |
| Rumble (RUM) | United States | $2.110B | 0.00 |
| PagerDuty (PD) | United States | $2.071B | 0.00 |
| Appian (APPN) | United States | $2.033B | 0.00 |
| SolarWinds (SWI) | United States | $1.954B | 21.52 |
| SEMrush Holdings (SEMR) | United States | $1.906B | 145.78 |
| EverCommerce (EVCM) | United States | $1.884B | 0.00 |
| Magnite (MGNI) | United States | $1.847B | 164.88 |
| Compass (COMP) | United States | $1.721B | 0.00 |
| Grindr (GRND) | United States | $1.685B | 36.88 |
| E2open Parent Holdings (ETWO) | United States | $1.506B | 24.56 |
| Everbridge (EVBG) | United States | $1.447B | 112.13 |
| Diebold Nixdorf (DBD) | United States | $1.391B | 0.00 |
| Zuora (ZUO) | United States | $1.351B | 0.00 |
| Getty Images Holdings (GETY) | United States | $1.328B | 23.21 |
| Bumble (BMBL) | United States | $1.271B | 59.24 |
| VTEX (VTEX) | United Kingdom | $1.264B | 0.00 |
| Arlo Technologies (ARLO) | United States | $1.226B | 0.00 |
| Udemy (UDMY) | United States | $1.223B | 0.00 |
| WalkMe (WKME) | Israel | $1.198B | 0.00 |
| Model N (MODN) | United States | $1.182B | 136.27 |
| Docebo (DCBO) | Canada | $1.118B | 63.57 |
| Riskified (RSKD) | United States | $1.114B | 0.00 |
| Enfusion (ENFN) | United States | $1.072B | 209.25 |
| Nextdoor Holdings (KIND) | United States | $0.999B | 0.00 |
| Soho House & Co (SHCO) | United Kingdom | $0.996B | 0.00 |
| Fastly (FSLY) | United States | $0.984B | 0.00 |
| PubMatic (PUBM) | United States | $0.964B | 91.95 |
| Hello Group (MOMO) | China | $0.901B | 5.65 |
| Couchbase (BASE) | United States | $0.858B | 0.00 |
| Tuya (TUYA) | China | $0.852B | 0.00 |
| Radware (RDWR) | Israel | $0.782B | 0.00 |
| Yalla Group (YALA) | $0.717B | 6.46 | |
| Olo (OLO) | United States | $0.700B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.664B | 24.21 |
| Kingsoft Cloud Holdings (KC) | China | $0.652B | 0.00 |
| Thryv Holdings (THRY) | United States | $0.651B | 95.58 |
| Planet Labs PBC (PL) | United States | $0.576B | 0.00 |
| Blend Labs (BLND) | United States | $0.565B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.527B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.473B | 43.10 |
| CS Disco (LAW) | United States | $0.342B | 0.00 |
| Jiayin Group (JFIN) | China | $0.329B | 1.83 |
| Consensus Cloud Solutions (CCSI) | United States | $0.313B | 3.43 |
| Chegg (CHGG) | United States | $0.310B | 37.88 |
| Arteris (AIP) | United States | $0.289B | 0.00 |
| Materialise (MTLS) | Belgium | $0.288B | 24.35 |
| Domo (DOMO) | United States | $0.284B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.275B | 52.00 |
| Innovid (CTV) | Israel | $0.267B | 0.00 |
| Rimini Street (RMNI) | United States | $0.264B | 8.34 |
| 8x8 Inc (EGHT) | United States | $0.256B | 0.00 |
| ON24 (ONTF) | United States | $0.241B | 0.00 |
| Backblaze (BLZE) | United States | $0.228B | 0.00 |
| Audioeye (AEYE) | United States | $0.206B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $0.194B | 0.00 |
| EGain (EGAN) | United States | $0.184B | 22.07 |
| Kaltura (KLTR) | United States | $0.178B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.160B | 0.00 |
| Perfect (PERF) | Taiwan | $0.159B | 23.38 |
| Digital Turbine (APPS) | United States | $0.155B | 6.04 |
| Porch (PRCH) | United States | $0.151B | 0.00 |
| Rekor Systems (REKR) | United States | $0.130B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.126B | 0.00 |
| Plum Acquisition I (PLMI) | United States | $0.126B | 0.00 |
| Inseego (INSG) | United States | $0.121B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.084B | 0.00 |
| Upland Software (UPLD) | United States | $0.069B | 7.61 |
| SurgePays (SURG) | United States | $0.065B | 2.90 |
| GAN (GAN) | United States | $0.064B | 0.00 |
| Edgio (EGIO) | United States | $0.057B | 0.00 |
| Quantum Computing (QUBT) | United States | $0.055B | 0.00 |
| Phunware (PHUN) | United States | $0.045B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.045B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.044B | 0.00 |
| KOREs (KORE) | United States | $0.040B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.038B | 7.48 |
| MariaDB (MRDB) | United States | $0.037B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.035B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.026B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.026B | 0.00 |
| OneMedNet (ONMD) | United States | $0.023B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.019B | 0.00 |
| Aurora Mobile (JG) | China | $0.017B | 0.00 |
| 2U (TWOU) | United States | $0.016B | 0.00 |
| ARB IOT Group (ARBB) | Singapore | $0.013B | 0.00 |
| Shiftpixy (PIXY) | United States | $0.013B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.013B | 0.00 |
| Verb Technology (VERB) | United States | $0.013B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.012B | 0.00 |
| Nvni Group (NVNI) | United States | $0.012B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.010B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.009B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.008B | 0.00 |
| CISO Global (CISO) | United States | $0.008B | 0.00 |
| Amesite (AMST) | United States | $0.007B | 0.00 |
| Collective Audience (CAUD) | United States | $0.007B | 0.00 |
| WaveDancer (WAVD) | United States | $0.005B | 0.00 |
| DatChat (DATS) | United States | $0.004B | 0.00 |
| Oblong (OBLG) | United States | $0.004B | 0.00 |
| Versus Systems (VS) | Canada | $0.004B | 0.00 |
| Locafy (LCFY) | Australia | $0.003B | 0.00 |
| SCWorx (WORX) | United States | $0.002B | 0.00 |
| My Size (MYSZ) | Israel | $0.002B | 0.00 |
| BYND Cannasoft Enterprises (BCAN) | Israel | $0.000B | 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 |
| Karooooo (KARO) | Singapore | $0.000B | 25.06 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |