Meta Platforms Operating Expenses 2010-2024 | META

Meta Platforms annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Meta Platforms operating expenses for the quarter ending September 30, 2024 were $23.239B, a 13.93% increase year-over-year.
  • Meta Platforms operating expenses for the twelve months ending September 30, 2024 were $93.828B, a 4.03% increase year-over-year.
  • Meta Platforms annual operating expenses for 2023 were $88.151B, a 0.55% increase from 2022.
  • Meta Platforms annual operating expenses for 2022 were $87.665B, a 23.17% increase from 2021.
  • Meta Platforms annual operating expenses for 2021 were $71.176B, a 33.55% increase from 2020.
Meta Platforms Annual Operating Expenses
(Millions of US $)
2023 $88,151
2022 $87,665
2021 $71,176
2020 $53,294
2019 $46,711
2018 $30,925
2017 $20,450
2016 $15,211
2015 $11,703
2014 $7,472
2013 $5,068
2012 $4,551
2011 $1,955
2010 $942
2009 $515
Meta Platforms Quarterly Operating Expenses
(Millions of US $)
2024-09-30 $23,239
2024-06-30 $24,224
2024-03-31 $22,637
2023-12-31 $23,728
2023-09-30 $20,398
2023-06-30 $22,607
2023-03-31 $21,418
2022-12-31 $25,767
2022-09-30 $22,050
2022-06-30 $20,464
2022-03-31 $19,384
2021-12-31 $21,086
2021-09-30 $18,587
2021-06-30 $16,710
2021-03-31 $14,793
2020-12-31 $15,296
2020-09-30 $13,430
2020-06-30 $12,724
2020-03-31 $11,844
2019-12-31 $12,224
2019-09-30 $10,467
2019-06-30 $12,260
2019-03-31 $11,760
2018-12-31 $9,094
2018-09-30 $7,946
2018-06-30 $7,368
2018-03-31 $6,517
2017-12-31 $5,619
2017-09-30 $5,206
2017-06-30 $4,920
2017-03-31 $4,705
2016-12-31 $4,243
2016-09-30 $3,894
2016-06-30 $3,702
2016-03-31 $3,372
2015-12-31 $3,282
2015-09-30 $3,042
2015-06-30 $2,769
2015-03-31 $2,610
2014-12-31 $2,719
2014-09-30 $1,806
2014-06-30 $1,520
2014-03-31 $1,427
2013-12-31 $1,452
2013-09-30 $1,280
2013-06-30 $1,251
2013-03-31 $1,085
2012-12-31 $1,062
2012-09-30 $885
2012-06-30 $1,927
2012-03-31 $677
2011-12-31 $583
2011-09-30 $540
2011-06-30 $488
2011-03-31 $343
2010-12-31 $294
2010-09-30 $251
2010-06-30 $213
2010-03-31 $183
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
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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