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 March 31, 2024 is %.
| Meta Platforms Gross Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Gross Profit | Gross Margin |
| 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 | $1150.090B | $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 | $103.658B | 102.61 |
| CrowdStrike (CRWD) | United States | $61.850B | 385.08 |
| Workday (WDAY) | United States | $60.176B | 142.82 |
| PayPal Holdings (PYPL) | United States | $59.855B | 14.34 |
| Atlassian (TEAM) | United States | $46.390B | 0.00 |
| Fortinet (FTNT) | United States | $43.781B | 38.99 |
| Snowflake (SNOW) | United States | $43.387B | 0.00 |
| Datadog (DDOG) | United States | $40.244B | 300.77 |
| Sea (SE) | Singapore | $36.687B | 1282.00 |
| Veeva Systems (VEEV) | United States | $30.156B | 53.30 |
| Cloudflare (NET) | United States | $26.517B | 0.00 |
| Pinterest (PINS) | United States | $25.878B | 157.83 |
| HubSpot (HUBS) | United States | $25.265B | 0.00 |
| Snap (SNAP) | United States | $22.072B | 0.00 |
| Samsara (IOT) | United States | $20.446B | 0.00 |
| Topicus (TOITF) | Canada | $18.936B | 98.28 |
| MongoDB (MDB) | United States | $18.797B | 0.00 |
| Zoom Video Communications (ZM) | United States | $18.436B | 22.93 |
| Bentley Systems (BSY) | United States | $13.953B | 61.23 |
| Aspen Technology (AZPN) | United States | $12.085B | 34.45 |
| Nice (NICE) | Israel | $11.430B | 25.93 |
| Monday (MNDY) | Israel | $11.398B | 655.83 |
| Toast (TOST) | United States | $11.320B | 0.00 |
| F5 (FFIV) | United States | $10.183B | 17.24 |
| Reddit (RDDT) | United States | $10.147B | 0.00 |
| Twilio (TWLO) | United States | $9.829B | 0.00 |
| Paycom Software (PAYC) | United States | $9.466B | 20.34 |
| AppFolio (APPF) | United States | $9.382B | 109.31 |
| GitLab (GTLB) | United States | $8.492B | 0.00 |
| Paylocity Holding (PCTY) | United States | $8.329B | 39.68 |
| Dayforce (DAY) | United States | $8.179B | 65.57 |
| Informatica (INFA) | United States | $7.079B | 64.84 |
| HashiCorp (HCP) | United States | $6.745B | 0.00 |
| Smartsheet (SMAR) | United States | $6.520B | 0.00 |
| Unity Software (U) | United States | $6.324B | 0.00 |
| Rubrik (RBRK) | United States | $6.198B | 0.00 |
| Vertex (VERX) | United States | $5.829B | 144.54 |
| BILL Holdings (BILL) | United States | $5.607B | 203.19 |
| Trump Media & Technology Group (DJT) | United States | $5.487B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $5.225B | 35.21 |
| Tenable Holdings (TENB) | United States | $5.099B | 0.00 |
| Clearwater Analytics Holdings (CWAN) | United States | $4.956B | 0.00 |
| Clarivate (CLVT) | United Kingdom | $4.611B | 10.30 |
| Alight (ALIT) | United States | $4.194B | 16.98 |
| StoneCo (STNE) | Cayman Islands | $4.192B | 12.02 |
| Workiva (WK) | United States | $4.089B | 0.00 |
| Box (BOX) | United States | $3.999B | 162.94 |
| Freshworks (FRSH) | United States | $3.956B | 0.00 |
| JFrog (FROG) | United States | $3.895B | 0.00 |
| Waystar Holding (WAY) | $3.853B | 0.00 | |
| NCino (NCNO) | United States | $3.720B | 323.20 |
| DoubleVerify Holdings (DV) | United States | $3.479B | 53.29 |
| Asana (ASAN) | United States | $3.440B | 0.00 |
| Five9 (FIVN) | United States | $3.304B | 0.00 |
| Alkami Technology (ALKT) | United States | $3.166B | 0.00 |
| DigitalOcean Holdings (DOCN) | United States | $2.940B | 38.89 |
| BlackLine (BL) | United States | $2.937B | 118.78 |
| Kingdee Software Group (KGDEY) | China | $2.805B | 0.00 |
| Appian (APPN) | United States | $2.708B | 0.00 |
| Intapp (INTA) | United States | $2.702B | 0.00 |
| WEBTOON Entertainment (WBTN) | United States | $2.658B | 0.00 |
| AvidXchange Holdings (AVDX) | United States | $2.620B | 0.00 |
| Evolent Health (EVH) | United States | $2.579B | 39.62 |
| Rumble (RUM) | United States | $2.552B | 0.00 |
| Rapid7 (RPD) | United States | $2.476B | 99.32 |
| ODDITY Tech (ODD) | Israel | $2.341B | 35.48 |
| Paycor HCM (PYCR) | United States | $2.299B | 86.00 |
| Calix (CALX) | United States | $2.283B | 78.84 |
| Ziff Davis (ZD) | United States | $2.243B | 8.44 |
| EverCommerce (EVCM) | United States | $2.195B | 0.00 |
| Compass (COMP) | United States | $2.136B | 0.00 |
| SEMrush Holdings (SEMR) | United States | $2.055B | 157.22 |
| Grindr (GRND) | United States | $2.024B | 44.31 |
| PagerDuty (PD) | United States | $2.004B | 0.00 |
| SolarWinds (SWI) | United States | $1.990B | 21.91 |
| Magnite (MGNI) | United States | $1.976B | 176.38 |
| Diebold Nixdorf (DBD) | United States | $1.625B | 0.00 |
| E2open Parent Holdings (ETWO) | United States | $1.576B | 27.12 |
| Getty Images Holdings (GETY) | United States | $1.544B | 27.00 |
| Arlo Technologies (ARLO) | United States | $1.530B | 0.00 |
| Zuora (ZUO) | United States | $1.351B | 0.00 |
| Udemy (UDMY) | United States | $1.304B | 0.00 |
| Enfusion (ENFN) | United States | $1.213B | 236.75 |
| VTEX (VTEX) | United Kingdom | $1.207B | 0.00 |
| WalkMe (WKME) | Israel | $1.202B | 0.00 |
| Bumble (BMBL) | United States | $1.157B | 53.94 |
| Docebo (DCBO) | Canada | $1.144B | 65.21 |
| Nextdoor Holdings (KIND) | United States | $1.112B | 0.00 |
| Fastly (FSLY) | United States | $1.107B | 0.00 |
| PubMatic (PUBM) | United States | $1.103B | 105.19 |
| Riskified (RSKD) | United States | $1.087B | 0.00 |
| Soho House & Co (SHCO) | United Kingdom | $1.000B | 0.00 |
| Couchbase (BASE) | United States | $1.000B | 0.00 |
| Hello Group (MOMO) | China | $0.977B | 6.13 |
| CI&T (CINT) | Brazil | $0.832B | 22.11 |
| Radware (RDWR) | Israel | $0.819B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.813B | 29.61 |
| Blend Labs (BLND) | United States | $0.787B | 0.00 |
| Tuya (TUYA) | China | $0.782B | 0.00 |
| Olo (OLO) | United States | $0.770B | 0.00 |
| Planet Labs PBC (PL) | United States | $0.695B | 0.00 |
| Yalla Group (YALA) | $0.680B | 6.13 | |
| Thryv Holdings (THRY) | United States | $0.680B | 99.89 |
| Kingsoft Cloud Holdings (KC) | China | $0.632B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.542B | 49.41 |
| Cognyte Software (CGNT) | Israel | $0.533B | 0.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.432B | 4.73 |
| 8x8 Inc (EGHT) | United States | $0.421B | 0.00 |
| Chegg (CHGG) | United States | $0.360B | 44.00 |
| CS Disco (LAW) | United States | $0.358B | 0.00 |
| Materialise (MTLS) | Belgium | $0.347B | 29.40 |
| Arteris (AIP) | United States | $0.334B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.331B | 62.62 |
| Domo (DOMO) | United States | $0.322B | 0.00 |
| Innovid (CTV) | Israel | $0.297B | 0.00 |
| Jiayin Group (JFIN) | China | $0.289B | 1.61 |
| ON24 (ONTF) | United States | $0.282B | 0.00 |
| Rimini Street (RMNI) | United States | $0.279B | 8.83 |
| Backblaze (BLZE) | United States | $0.279B | 0.00 |
| Digital Turbine (APPS) | United States | $0.238B | 9.28 |
| Audioeye (AEYE) | United States | $0.229B | 280.57 |
| EGain (EGAN) | United States | $0.218B | 26.07 |
| Kaltura (KLTR) | United States | $0.195B | 0.00 |
| Porch (PRCH) | United States | $0.192B | 0.00 |
| Perfect (PERF) | Taiwan | $0.186B | 24.33 |
| D-Wave Quantum (QBTS) | United States | $0.176B | 0.00 |
| Rekor Systems (REKR) | United States | $0.158B | 0.00 |
| TIAN GE INTERAC (TGRVF) | China | $0.137B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.122B | 0.00 |
| Inseego (INSG) | United States | $0.118B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.110B | 0.00 |
| Plum Acquisition I (PLMI) | United States | $0.109B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.100B | 0.00 |
| GAN (GAN) | United States | $0.069B | 0.00 |
| Upland Software (UPLD) | United States | $0.066B | 7.21 |
| Edgio (EGIO) | United States | $0.063B | 0.00 |
| Quantum Computing (QUBT) | United States | $0.062B | 0.00 |
| SurgePays (SURG) | United States | $0.058B | 2.61 |
| Wireless Ronin Technologies (CREX) | United States | $0.052B | 0.00 |
| KOREs (KORE) | United States | $0.051B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.048B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.041B | 0.00 |
| Phunware (PHUN) | United States | $0.038B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.038B | 7.56 |
| MariaDB (MRDB) | United States | $0.037B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.022B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.021B | 0.00 |
| OneMedNet (ONMD) | United States | $0.019B | 0.00 |
| Nvni Group (NVNI) | United States | $0.019B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.018B | 0.00 |
| Aurora Mobile (JG) | China | $0.015B | 0.00 |
| ARB IOT Group (ARBB) | Singapore | $0.012B | 0.00 |
| Shiftpixy (PIXY) | United States | $0.011B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.010B | 0.00 |
| Verb Technology (VERB) | United States | $0.010B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.008B | 0.00 |
| Collective Audience (CAUD) | United States | $0.008B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.008B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.007B | 0.00 |
| CISO Global (CISO) | United States | $0.007B | 0.00 |
| Amesite (AMST) | United States | $0.007B | 0.00 |
| Locafy (LCFY) | Australia | $0.006B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.005B | 0.00 |
| DatChat (DATS) | United States | $0.005B | 0.00 |
| WaveDancer (WAVD) | United States | $0.004B | 0.00 |
| 2U (TWOU) | United States | $0.004B | 0.00 |
| Versus Systems (VS) | Canada | $0.004B | 0.00 |
| Oblong (OBLG) | United States | $0.003B | 0.00 |
| My Size (MYSZ) | Israel | $0.002B | 0.00 |
| SCWorx (WORX) | United States | $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 | 20.72 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |