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 September 30, 2024 was $7.375B, a 18.76% increase year-over-year.
- Meta Platforms cost of goods sold for the twelve months ending September 30, 2024 was $29.019B, a 9.1% 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 $) |
|
|---|---|
| 2024-09-30 | $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 | $1707.791B | $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 | $154.660B | 205.00 |
| Palo Alto Networks (PANW) | United States | $121.673B | 110.04 |
| CrowdStrike (CRWD) | United States | $97.803B | 522.46 |
| PayPal Holdings (PYPL) | United States | $88.985B | 19.38 |
| Fortinet (FTNT) | United States | $76.132B | 53.12 |
| Atlassian (TEAM) | United States | $70.663B | 0.00 |
| Workday (WDAY) | United States | $70.596B | 139.68 |
| Sea (SE) | Singapore | $69.780B | 812.80 |
| Snowflake (SNOW) | United States | $60.369B | 0.00 |
| Datadog (DDOG) | United States | $49.504B | 238.88 |
| Adyen (ADYEY) | Netherlands | $49.495B | 0.00 |
| Cloudflare (NET) | United States | $46.825B | 0.00 |
| HubSpot (HUBS) | United States | $40.152B | 0.00 |
| Reddit (RDDT) | United States | $35.467B | 0.00 |
| Samsara (IOT) | United States | $28.604B | 0.00 |
| Zoom Communications (ZM) | United States | $26.726B | 29.86 |
| Pinterest (PINS) | United States | $22.451B | 92.28 |
| Twilio (TWLO) | United States | $22.409B | 324.67 |
| MongoDB (MDB) | United States | $20.727B | 0.00 |
| Snap (SNAP) | United States | $19.506B | 0.00 |
| Topicus (TOITF) | Canada | $19.448B | 82.75 |
| Docusign (DOCU) | United States | $19.285B | 86.00 |
| Toast (TOST) | United States | $18.859B | 0.00 |
| F5 (FFIV) | United States | $17.431B | 27.54 |
| Aspen Technology (AZPN) | United States | $16.685B | 46.94 |
| Rubrik (RBRK) | United States | $13.728B | 0.00 |
| Bentley Systems (BSY) | United States | $13.251B | 52.39 |
| Klaviyo (KVYO) | United States | $12.347B | 4579.00 |
| Monday (MNDY) | Israel | $12.069B | 290.70 |
| Procore Technologies (PCOR) | United States | $11.959B | 0.00 |
| Paycom Software (PAYC) | United States | $11.905B | 25.21 |
| Elastic (ESTC) | United States | $11.740B | 0.00 |
| GitLab (GTLB) | United States | $11.415B | 0.00 |
| Paylocity Holding (PCTY) | United States | $11.342B | 47.76 |
| Dayforce (DAY) | United States | $11.260B | 68.65 |
| Nice (NICE) | Israel | $10.437B | 20.57 |
| Confluent (CFLT) | United States | $9.873B | 0.00 |
| BILL Holdings (BILL) | United States | $9.862B | 194.47 |
| Altair Engineering (ALTR) | United States | $9.403B | 167.46 |
| Unity Software (U) | United States | $9.241B | 0.00 |
| AppFolio (APPF) | United States | $9.082B | 84.45 |
| Vertex (VERX) | United States | $9.058B | 156.97 |
| Informatica (INFA) | United States | $7.833B | 64.12 |
| ServiceTitan (TTAN) | United States | $7.654B | 0.00 |
| CCC Intelligent Solutions Holdings (CCCS) | United States | $7.304B | 74.20 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.085B | 286.80 |
| HashiCorp (HCP) | United States | $7.013B | 0.00 |
| Waystar Holding (WAY) | United States | $7.002B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $6.957B | 0.00 |
| OneStream (OS) | United States | $6.939B | 0.00 |
| TEMENOS GROUP (TMSNY) | Switzerland | $6.229B | 0.00 |
| Freshworks (FRSH) | United States | $5.845B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $5.614B | 32.76 |
| Workiva (WK) | United States | $5.565B | 0.00 |
| Intapp (INTA) | United States | $5.545B | 0.00 |
| Tenable Holdings (TENB) | United States | $5.223B | 0.00 |
| Asana (ASAN) | United States | $4.963B | 0.00 |
| Kingdee Software Group (KGDEY) | China | $4.847B | 0.00 |
| Box (BOX) | United States | $4.768B | 114.41 |
| Braze (BRZE) | United States | $4.756B | 0.00 |
| Rumble (RUM) | United States | $4.755B | 0.00 |
| NCino (NCNO) | United States | $3.986B | 245.86 |
| Paycor HCM (PYCR) | United States | $3.981B | 92.33 |
| BlackLine (BL) | United States | $3.930B | 43.67 |
| DigitalOcean Holdings (DOCN) | United States | $3.858B | 35.74 |
| Alight (ALIT) | United States | $3.769B | 14.77 |
| Compass (COMP) | United States | $3.710B | 0.00 |
| Alkami Technology (ALKT) | United States | $3.644B | 0.00 |
| JFrog (FROG) | United States | $3.597B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $3.470B | 55.43 |
| AvePoint (AVPT) | United States | $3.443B | 0.00 |
| CLEAR Secure (YOU) | United States | $3.258B | 24.60 |
| Grindr (GRND) | United States | $3.186B | 94.95 |
| Five9 (FIVN) | United States | $3.081B | 0.00 |
| Appian (APPN) | United States | $3.006B | 0.00 |
| Kingsoft Cloud Holdings (KC) | China | $2.978B | 0.00 |
| StoneCo (STNE) | Cayman Islands | $2.740B | 6.82 |
| ODDITY Tech (ODD) | Israel | $2.588B | 28.80 |
| SEMrush Holdings (SEMR) | United States | $2.567B | 218.75 |
| SolarWinds (SWI) | United States | $2.555B | 24.16 |
| Magnite (MGNI) | United States | $2.471B | 103.29 |
| Flywire (FLYW) | United States | $2.468B | 132.27 |
| Rapid7 (RPD) | United States | $2.454B | 34.05 |
| Calix (CALX) | United States | $2.445B | 0.00 |
| Rigetti Computing (RGTI) | United States | $2.434B | 0.00 |
| NCR Atleos (NATL) | United States | $2.341B | 14.89 |
| Ziff Davis (ZD) | United States | $2.306B | 9.46 |
| AvidXchange Holdings (AVDX) | United States | $2.214B | 538.00 |
| EverCommerce (EVCM) | United States | $1.908B | 0.00 |
| PagerDuty (PD) | United States | $1.747B | 0.00 |
| WEBTOON Entertainment (WBTN) | United States | $1.660B | 0.00 |
| Planet Labs PBC (PL) | United States | $1.647B | 0.00 |
| Soho House & Co (SHCO) | United Kingdom | $1.609B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $1.603B | 7.23 |
| Zuora (ZUO) | United States | $1.540B | 0.00 |
| Fastly (FSLY) | United States | $1.491B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $1.486B | 0.00 |
| Enfusion (ENFN) | United States | $1.436B | 223.40 |
| Karooooo (KARO) | Singapore | $1.405B | 28.79 |
| Docebo (DCBO) | Canada | $1.309B | 54.75 |
| Quantum Computing (QUBT) | United States | $1.306B | 0.00 |
| Tuya (TUYA) | China | $1.226B | 0.00 |
| VTEX (VTEX) | United Kingdom | $1.222B | 110.67 |
| Evolent Health (EVH) | United States | $1.213B | 24.79 |
| Olo (OLO) | United States | $1.213B | 0.00 |
| Weave Communications (WEAV) | United States | $1.196B | 0.00 |
| Arlo Technologies (ARLO) | United States | $1.176B | 0.00 |
| Udemy (UDMY) | United States | $1.123B | 0.00 |
| SoftwareOne Holding AG (SWONF) | Switzerland | $1.078B | 0.00 |
| Hello Group (MOMO) | China | $1.039B | 7.39 |
| Penguin Solutions (PENG) | Cayman Islands | $1.029B | 22.18 |
| Getty Images Holdings (GETY) | United States | $1.024B | 22.64 |
| Blend Labs (BLND) | United States | $0.996B | 0.00 |
| Nextdoor Holdings (KIND) | United States | $0.955B | 0.00 |
| E2open Parent Holdings (ETWO) | United States | $0.937B | 14.37 |
| Radware (RDWR) | Israel | $0.933B | 246.89 |
| Couchbase (BASE) | United States | $0.915B | 0.00 |
| CI&T (CINT) | Brazil | $0.910B | 33.85 |
| Riskified (RSKD) | United States | $0.909B | 0.00 |
| Bumble (BMBL) | United States | $0.900B | 14.60 |
| I3 Verticals (IIIV) | United States | $0.856B | 72.89 |
| PubMatic (PUBM) | United States | $0.744B | 50.23 |
| ONESPAN INC (OSPN) | United States | $0.734B | 18.23 |
| Thryv Holdings (THRY) | United States | $0.704B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.658B | 0.00 |
| Yalla Group (YALA) | $0.648B | 5.60 | |
| Consensus Cloud Solutions (CCSI) | United States | $0.588B | 6.50 |
| Definitive Healthcare (DH) | United States | $0.570B | 98.60 |
| BigCommerce Holdings (BIGC) | United States | $0.507B | 0.00 |
| Materialise (MTLS) | Belgium | $0.506B | 31.74 |
| Porch (PRCH) | United States | $0.496B | 0.00 |
| Innovid (CTV) | Israel | $0.463B | 0.00 |
| Arteris (AIP) | United States | $0.434B | 0.00 |
| Jiayin Group (JFIN) | China | $0.426B | 2.65 |
| 8x8 Inc (EGHT) | United States | $0.388B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.387B | 68.39 |
| Kaltura (KLTR) | United States | $0.344B | 0.00 |
| ZSpace (ZSPC) | United States | $0.340B | 0.00 |
| Domo (DOMO) | United States | $0.312B | 0.00 |
| CS Disco (LAW) | United States | $0.310B | 0.00 |
| Arqit Quantum (ARQQ) | United Kingdom | $0.289B | 0.00 |
| ON24 (ONTF) | United States | $0.287B | 0.00 |
| Backblaze (BLZE) | United States | $0.276B | 0.00 |
| Rimini Street (RMNI) | United States | $0.272B | 6.97 |
| Digital Turbine (APPS) | United States | $0.254B | 30.62 |
| Sangoma Technologies (SANG) | Canada | $0.228B | 0.00 |
| Audioeye (AEYE) | United States | $0.225B | 108.88 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.207B | 0.00 |
| Perfect (PERF) | Taiwan | $0.199B | 21.27 |
| EGain (EGAN) | United States | $0.188B | 34.63 |
| Chegg (CHGG) | United States | $0.180B | 17.30 |
| Inseego (INSG) | United States | $0.174B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.159B | 0.00 |
| Rekor Systems (REKR) | United States | $0.152B | 0.00 |
| NetClass Technology Inc (NTCL) | China | $0.139B | 0.00 |
| TIAN GE INTERAC (TGRVF) | China | $0.137B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.125B | 0.00 |
| Upland Software (UPLD) | United States | $0.123B | 11.84 |
| Veea (VEEA) | United States | $0.113B | 0.00 |
| YXT.COM - (YXT) | China | $0.112B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.104B | 0.00 |
| GAN (GAN) | United States | $0.087B | 0.00 |
| Phunware (PHUN) | United States | $0.080B | 0.00 |
| Nvni Group (NVNI) | Cayman Islands | $0.058B | 0.00 |
| Aurora Mobile (JG) | China | $0.050B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.045B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.043B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.043B | 9.68 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.042B | 0.00 |
| KOREs (KORE) | United States | $0.039B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.034B | 0.00 |
| SurgePays (SURG) | United States | $0.031B | 0.00 |
| OneMedNet (ONMD) | United States | $0.029B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.028B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.026B | 16.73 |
| SCHMID Group (SHMD) | Cayman Islands | $0.020B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.020B | 0.00 |
| ARB IOT Group (ARBB) | $0.014B | 0.00 | |
| Lifeward (LFWD) | United States | $0.013B | 0.00 |
| CISO Global (CISO) | United States | $0.012B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.010B | 0.00 |
| Locafy (LCFY) | Australia | $0.010B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.010B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.010B | 0.00 |
| DatChat (DATS) | United States | $0.010B | 0.00 |
| Amesite (AMST) | United States | $0.010B | 0.00 |
| Versus Systems (VS) | Canada | $0.006B | 0.00 |
| Verb Technology (VERB) | United States | $0.006B | 0.00 |
| Oblong (OBLG) | United States | $0.004B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.003B | 0.00 |
| SCWorx (WORX) | United States | $0.003B | 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 |