Meta Platforms Net Income 2010-2024 | META

Meta Platforms annual/quarterly net income history and growth rate from 2010 to 2024. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Meta Platforms net income for the quarter ending March 31, 2024 was $12.369B, a 116.66% increase year-over-year.
  • Meta Platforms net income for the twelve months ending March 31, 2024 was $45.758B, a 113.38% increase year-over-year.
  • Meta Platforms annual net income for 2023 was $39.098B, a 68.53% increase from 2022.
  • Meta Platforms annual net income for 2022 was $23.2B, a 41.07% decline from 2021.
  • Meta Platforms annual net income for 2021 was $39.37B, a 35.08% increase from 2020.
Meta Platforms Annual Net Income
(Millions of US $)
2023 $39,098
2022 $23,200
2021 $39,370
2020 $29,146
2019 $18,485
2018 $22,111
2017 $15,920
2016 $10,188
2015 $3,669
2014 $2,925
2013 $1,491
2012 $32
2011 $668
2010 $372
2009 $122
Meta Platforms Quarterly Net Income
(Millions of US $)
2024-03-31 $12,369
2023-12-31 $14,018
2023-09-30 $11,583
2023-06-30 $7,788
2023-03-31 $5,709
2022-12-31 $4,653
2022-09-30 $4,395
2022-06-30 $6,687
2022-03-31 $7,465
2021-12-31 $10,285
2021-09-30 $9,194
2021-06-30 $10,394
2021-03-31 $9,497
2020-12-31 $11,220
2020-09-30 $7,846
2020-06-30 $5,178
2020-03-31 $4,902
2019-12-31 $7,349
2019-09-30 $6,091
2019-06-30 $2,616
2019-03-31 $2,429
2018-12-31 $6,881
2018-09-30 $5,137
2018-06-30 $5,106
2018-03-31 $4,987
2017-12-31 $4,267
2017-09-30 $4,704
2017-06-30 $3,890
2017-03-31 $3,059
2016-12-31 $3,560
2016-09-30 $2,620
2016-06-30 $2,276
2016-03-31 $1,732
2015-12-31 $1,554
2015-09-30 $891
2015-06-30 $715
2015-03-31 $509
2014-12-31 $696
2014-09-30 $802
2014-06-30 $788
2014-03-31 $639
2013-12-31 $521
2013-09-30 $422
2013-06-30 $331
2013-03-31 $217
2012-12-31 $64
2012-09-30 $-59
2012-06-30 $-157
2012-03-31 $137
2011-12-31 $205
2011-09-30 $150
2011-06-30 $159
2011-03-31 $153
2010-12-31 $251
2010-09-30 $131
2010-06-30 $129
2010-03-31 $95
2009-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $1278.819B $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).
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