Meta Platforms Gross Margin 2010-2024 | META
Current and historical gross margin for Meta Platforms (META) over the last 10 years. The current gross profit margin for Meta Platforms as of September 30, 2024 is %.
| Meta Platforms Gross Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Gross Profit | Gross Margin |
| 2024-09-30 | $156.23B | $127.21B | 81.43% |
| 2024-06-30 | $149.78B | $121.93B | 81.40% |
| 2024-03-31 | $142.71B | $116.22B | 81.44% |
| 2023-12-31 | $134.90B | $108.94B | 80.76% |
| 2023-09-30 | $126.96B | $100.36B | 79.05% |
| 2023-06-30 | $120.52B | $94.42B | 78.34% |
| 2023-03-31 | $117.35B | $91.99B | 78.40% |
| 2022-12-31 | $116.61B | $91.36B | 78.35% |
| 2022-09-30 | $118.12B | $94.85B | 80.31% |
| 2022-06-30 | $119.41B | $96.10B | 80.47% |
| 2022-03-31 | $119.67B | $96.14B | 80.34% |
| 2021-12-31 | $117.93B | $95.28B | 80.79% |
| 2021-09-30 | $112.33B | $90.82B | 80.85% |
| 2021-06-30 | $104.79B | $84.86B | 80.98% |
| 2021-03-31 | $94.40B | $76.04B | 80.55% |
| 2020-12-31 | $85.97B | $69.27B | 80.58% |
| 2020-09-30 | $78.98B | $64.00B | 81.04% |
| 2020-06-30 | $75.16B | $61.22B | 81.46% |
| 2020-03-31 | $73.36B | $59.94B | 81.72% |
| 2019-12-31 | $70.70B | $57.93B | 81.94% |
| 2019-09-30 | $66.53B | $54.46B | 81.85% |
| 2019-06-30 | $62.60B | $51.27B | 81.89% |
| 2019-03-31 | $58.95B | $48.71B | 82.62% |
| 2018-12-31 | $55.84B | $46.48B | 83.25% |
| 2018-09-30 | $51.90B | $43.73B | 84.26% |
| 2018-06-30 | $48.50B | $41.30B | 85.16% |
| 2018-03-31 | $44.59B | $38.37B | 86.05% |
| 2017-12-31 | $40.65B | $35.20B | 86.58% |
| 2017-09-30 | $36.49B | $31.60B | 86.60% |
| 2017-06-30 | $33.17B | $28.74B | 86.65% |
| 2017-03-31 | $30.29B | $26.18B | 86.43% |
| 2016-12-31 | $27.64B | $23.85B | 86.29% |
| 2016-09-30 | $24.67B | $21.10B | 85.54% |
| 2016-06-30 | $22.16B | $18.86B | 85.11% |
| 2016-03-31 | $19.77B | $16.72B | 84.57% |
| 2015-12-31 | $17.93B | $15.06B | 84.01% |
| 2015-09-30 | $15.94B | $13.24B | 83.09% |
| 2015-06-30 | $14.64B | $12.10B | 82.65% |
| 2015-03-31 | $13.51B | $11.16B | 82.64% |
| 2014-12-31 | $12.47B | $10.31B | 82.73% |
| 2014-09-30 | $11.20B | $9.21B | 82.23% |
| 2014-06-30 | $10.01B | $8.08B | 80.71% |
| 2014-03-31 | $8.92B | $6.99B | 78.42% |
| 2013-12-31 | $7.87B | $6.00B | 76.18% |
| 2013-09-30 | $6.87B | $5.09B | 74.05% |
| 2013-06-30 | $6.12B | $4.52B | 73.88% |
| 2013-03-31 | $5.49B | $3.99B | 72.67% |
| 2012-12-31 | $5.09B | $3.73B | 73.20% |
| 2012-09-30 | $4.64B | $3.42B | 73.83% |
| 2012-06-30 | $4.33B | $3.20B | 73.95% |
| 2012-03-31 | $4.04B | $3.07B | 75.98% |
| 2011-12-31 | $3.71B | $2.85B | 76.83% |
| 2011-09-30 | $3.31B | $2.55B | 76.96% |
| 2011-06-30 | $2.82B | $2.17B | 76.70% |
| 2011-03-31 | $2.36B | $1.80B | 76.31% |
| 2010-12-31 | $1.97B | $1.48B | 75.08% |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $1554.732B | $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 |
|---|---|---|---|
| ARM Holdings (ARM) | United Kingdom | $147.210B | 195.12 |
| Palo Alto Networks (PANW) | United States | $113.798B | 102.92 |
| CrowdStrike (CRWD) | United States | $85.923B | 459.00 |
| PayPal Holdings (PYPL) | United States | $83.572B | 18.20 |
| Fortinet (FTNT) | United States | $72.476B | 50.57 |
| Workday (WDAY) | United States | $66.423B | 131.43 |
| Atlassian (TEAM) | United States | $63.126B | 0.00 |
| Sea (SE) | Singapore | $61.979B | 721.93 |
| Snowflake (SNOW) | United States | $53.628B | 0.00 |
| Datadog (DDOG) | United States | $47.704B | 230.20 |
| Adyen (ADYEY) | Netherlands | $47.469B | 0.00 |
| Cloudflare (NET) | United States | $38.651B | 0.00 |
| HubSpot (HUBS) | United States | $36.362B | 0.00 |
| Veeva Systems (VEEV) | United States | $35.352B | 52.09 |
| Reddit (RDDT) | United States | $29.336B | 0.00 |
| Samsara (IOT) | United States | $24.569B | 0.00 |
| Zoom Communications (ZM) | United States | $24.354B | 27.21 |
| Snap (SNAP) | United States | $20.915B | 0.00 |
| Pinterest (PINS) | United States | $20.721B | 85.17 |
| Docusign (DOCU) | United States | $18.267B | 81.46 |
| MongoDB (MDB) | United States | $18.262B | 0.00 |
| Topicus (TOITF) | Canada | $17.593B | 74.86 |
| Toast (TOST) | United States | $16.815B | 0.00 |
| Twilio (TWLO) | United States | $16.578B | 240.18 |
| Aspen Technology (AZPN) | United States | $15.772B | 44.37 |
| F5 (FFIV) | United States | $14.907B | 24.31 |
| Bentley Systems (BSY) | United States | $13.332B | 52.71 |
| Rubrik (RBRK) | United States | $11.756B | 0.00 |
| Paycom Software (PAYC) | United States | $11.648B | 24.66 |
| Dayforce (DAY) | United States | $11.085B | 67.59 |
| Paylocity Holding (PCTY) | United States | $10.672B | 44.94 |
| Monday (MNDY) | Israel | $10.547B | 254.03 |
| Nice (NICE) | Israel | $10.164B | 20.03 |
| Elastic (ESTC) | United States | $10.101B | 0.00 |
| GitLab (GTLB) | United States | $9.728B | 0.00 |
| ServiceTitan (TTAN) | United States | $8.935B | 0.00 |
| AppFolio (APPF) | United States | $8.857B | 82.35 |
| BILL Holdings (BILL) | United States | $8.611B | 169.80 |
| Unity Software (U) | United States | $8.419B | 0.00 |
| Vertex (VERX) | United States | $8.135B | 140.97 |
| Smartsheet (SMAR) | United States | $7.892B | 563.70 |
| Trump Media & Technology Group (DJT) | United States | $7.660B | 0.00 |
| Informatica (INFA) | United States | $7.640B | 62.55 |
| HashiCorp (HCP) | United States | $7.015B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $6.677B | 270.30 |
| Waystar Holding (WAY) | United States | $6.452B | 0.00 |
| OneStream (OS) | United States | $6.365B | 0.00 |
| Workiva (WK) | United States | $5.864B | 0.00 |
| Intapp (INTA) | United States | $5.189B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $4.900B | 28.71 |
| Freshworks (FRSH) | United States | $4.721B | 0.00 |
| Tenable Holdings (TENB) | United States | $4.624B | 0.00 |
| Box (BOX) | United States | $4.429B | 106.28 |
| Asana (ASAN) | United States | $4.398B | 0.00 |
| Rumble (RUM) | United States | $4.272B | 0.00 |
| Paycor HCM (PYCR) | United States | $3.979B | 92.29 |
| NCino (NCNO) | United States | $3.768B | 232.43 |
| CLEAR Secure (YOU) | United States | $3.725B | 28.13 |
| Kingdee Software Group (KGDEY) | China | $3.562B | 0.00 |
| Alight (ALIT) | United States | $3.551B | 13.91 |
| BlackLine (BL) | United States | $3.478B | 38.65 |
| Alkami Technology (ALKT) | United States | $3.432B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $3.268B | 52.22 |
| JFrog (FROG) | United States | $3.253B | 0.00 |
| DigitalOcean Holdings (DOCN) | United States | $3.139B | 29.08 |
| Grindr (GRND) | United States | $2.956B | 88.11 |
| Appian (APPN) | United States | $2.876B | 0.00 |
| Five9 (FIVN) | United States | $2.826B | 0.00 |
| Compass (COMP) | United States | $2.730B | 0.00 |
| Kingsoft Cloud Holdings (KC) | China | $2.590B | 0.00 |
| ODDITY Tech (ODD) | Israel | $2.513B | 27.97 |
| Rapid7 (RPD) | United States | $2.464B | 34.19 |
| StoneCo (STNE) | Cayman Islands | $2.425B | 6.04 |
| Calix (CALX) | United States | $2.408B | 259.36 |
| SolarWinds (SWI) | United States | $2.352B | 22.24 |
| NCR Atleos (NATL) | United States | $2.319B | 14.74 |
| Flywire (FLYW) | United States | $2.215B | 118.67 |
| Ziff Davis (ZD) | United States | $2.205B | 9.05 |
| Magnite (MGNI) | United States | $2.196B | 91.82 |
| AvidXchange Holdings (AVDX) | United States | $1.981B | 481.50 |
| EverCommerce (EVCM) | United States | $1.859B | 0.00 |
| Rigetti Computing (RGTI) | United States | $1.717B | 0.00 |
| SEMrush Holdings (SEMR) | United States | $1.687B | 143.75 |
| WEBTOON Entertainment (WBTN) | United States | $1.674B | 0.00 |
| PagerDuty (PD) | United States | $1.588B | 0.00 |
| D-Wave Quantum (QBTS) | United States | $1.553B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $1.543B | 6.96 |
| Zuora (ZUO) | United States | $1.531B | 0.00 |
| Soho House & Co (SHCO) | United Kingdom | $1.487B | 0.00 |
| Evolent Health (EVH) | United States | $1.462B | 29.86 |
| Docebo (DCBO) | Canada | $1.278B | 53.44 |
| Enfusion (ENFN) | United States | $1.278B | 198.80 |
| Fastly (FSLY) | United States | $1.260B | 0.00 |
| Udemy (UDMY) | United States | $1.204B | 0.00 |
| Olo (OLO) | United States | $1.187B | 0.00 |
| Quantum Computing (QUBT) | United States | $1.158B | 0.00 |
| Arlo Technologies (ARLO) | United States | $1.151B | 0.00 |
| Planet Labs PBC (PL) | United States | $1.101B | 0.00 |
| Penguin Solutions (PENG) | Cayman Islands | $1.100B | 23.74 |
| VTEX (VTEX) | United Kingdom | $1.084B | 98.17 |
| Getty Images Holdings (GETY) | United States | $1.081B | 23.91 |
| Hello Group (MOMO) | China | $0.971B | 6.91 |
| Nextdoor Holdings (KIND) | United States | $0.898B | 0.00 |
| Radware (RDWR) | Israel | $0.897B | 237.44 |
| E2open Parent Holdings (ETWO) | United States | $0.870B | 13.37 |
| Blend Labs (BLND) | United States | $0.860B | 0.00 |
| Riskified (RSKD) | United States | $0.836B | 0.00 |
| Couchbase (BASE) | United States | $0.827B | 0.00 |
| Bumble (BMBL) | United States | $0.818B | 13.26 |
| Tuya (TUYA) | China | $0.817B | 0.00 |
| CI&T (CINT) | Brazil | $0.789B | 29.35 |
| I3 Verticals (IIIV) | United States | $0.785B | 66.83 |
| ONESPAN INC (OSPN) | United States | $0.694B | 17.25 |
| PubMatic (PUBM) | United States | $0.673B | 45.47 |
| Cognyte Software (CGNT) | Israel | $0.627B | 0.00 |
| Yalla Group (YALA) | $0.617B | 5.33 | |
| Thryv Holdings (THRY) | United States | $0.599B | 0.00 |
| Porch (PRCH) | United States | $0.539B | 0.00 |
| Innovid (CTV) | Israel | $0.454B | 0.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.453B | 5.02 |
| Arteris (AIP) | United States | $0.446B | 0.00 |
| Materialise (MTLS) | Belgium | $0.437B | 27.37 |
| ReposiTrak (TRAK) | United States | $0.378B | 66.84 |
| Jiayin Group (JFIN) | China | $0.376B | 2.33 |
| 8x8 Inc (EGHT) | United States | $0.338B | 0.00 |
| Kaltura (KLTR) | United States | $0.305B | 0.00 |
| CS Disco (LAW) | United States | $0.295B | 0.00 |
| Backblaze (BLZE) | United States | $0.275B | 0.00 |
| Arqit Quantum (ARQQ) | United Kingdom | $0.274B | 0.00 |
| Domo (DOMO) | United States | $0.266B | 0.00 |
| ON24 (ONTF) | United States | $0.259B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.237B | 0.00 |
| Rimini Street (RMNI) | United States | $0.230B | 5.88 |
| Perfect (PERF) | Taiwan | $0.230B | 24.55 |
| ZSpace (ZSPC) | United States | $0.229B | 0.00 |
| Digital Turbine (APPS) | United States | $0.188B | 22.62 |
| Chegg (CHGG) | United States | $0.187B | 17.90 |
| EGain (EGAN) | United States | $0.187B | 34.42 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.186B | 0.00 |
| Audioeye (AEYE) | United States | $0.183B | 88.41 |
| Rekor Systems (REKR) | United States | $0.171B | 0.00 |
| Inseego (INSG) | United States | $0.166B | 0.00 |
| YXT.COM - (YXT) | China | $0.141B | 0.00 |
| Veea (VEEA) | United States | $0.133B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.131B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.120B | 0.00 |
| Upland Software (UPLD) | United States | $0.116B | 11.13 |
| NetClass Technology Inc (NTCL) | China | $0.109B | 0.00 |
| Phunware (PHUN) | United States | $0.105B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.091B | 0.00 |
| GAN (GAN) | United States | $0.084B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.052B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.041B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.041B | 9.18 |
| Aurora Mobile (JG) | China | $0.036B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.034B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.034B | 0.00 |
| SurgePays (SURG) | United States | $0.034B | 0.00 |
| KOREs (KORE) | United States | $0.033B | 0.00 |
| OneMedNet (ONMD) | United States | $0.031B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.028B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.028B | 17.87 |
| SCHMID Group (SHMD) | Cayman Islands | $0.027B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.021B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.019B | 0.00 |
| Lifeward (LFWD) | United States | $0.017B | 0.00 |
| Nvni Group (NVNI) | Cayman Islands | $0.016B | 0.00 |
| DatChat (DATS) | United States | $0.015B | 0.00 |
| CISO Global (CISO) | United States | $0.014B | 0.00 |
| ARB IOT Group (ARBB) | $0.014B | 0.00 | |
| Locafy (LCFY) | Australia | $0.013B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.012B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.010B | 0.00 |
| Amesite (AMST) | United States | $0.009B | 0.00 |
| Verb Technology (VERB) | United States | $0.006B | 0.00 |
| Versus Systems (VS) | Canada | $0.006B | 0.00 |
| Oblong (OBLG) | United States | $0.004B | 0.00 |
| SCWorx (WORX) | United States | $0.003B | 0.00 |
| My Size (MYSZ) | Israel | $0.003B | 0.00 |
| Femto Technologies (BCAN) | Israel | $0.003B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.003B | 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 | 32.38 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |