US & Canada DAUs

Europe DAUs

Asia-Pacific DAUs

Rest of World DAUs

Daily Active Users

US & Canada MAUs

Europe MAUs

Asia-Pacific MAUs

Rest of World MAUs

Monthly Active Users

US & Canada

Europe

Asia-Pacific

Rest of World

Revenue By Geography

Revenue segments as reported by the company.

Advertising

Payments/Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales & Marketing

General & Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Meta reports $32.2B revenue in Q4 2022, focuses on efficiency and metaverse growth

Meta's Q4 2022 performance showed strong revenue but challenges in ad revenue and regulatory compliance.
Emphasis on efficiency, AI, and the metaverse highlights strategic strengths and growth opportunities.
Efforts to mitigate challenges from ATT changes and regulatory issues are underway.
Transition to focusing on top-line growth while enhancing efficiency signals a strategic shift.

Meta reports steady Q1 earnings amidst macro challenges and opportunities

Meta Platforms delivered stable financial performance with revenue growth and strong operating income.
Challenges persist from a volatile macro environment and regulatory uncertainties.
Opportunities lie in expanding messaging ads, improving efficiency, and navigating currency tailwinds.
Strategic focus on operational improvements and long-term financial discipline remains key.

Meta (META) reports robust Q2 earnings, eyes AI and Metaverse

Meta's Q2 performance reflects strong financial results driven by ad performance and operational efficiencies, with a strategic focus on AI and Metaverse development.
Despite challenges in the Reality Labs segment, the company's emphasis on long-term investments and product innovation positions it well for future growth.
Opportunities in AI investments, developer engagement, and revenue growth present avenues for Meta to capitalize on its strengths and navigate challenges effectively.

Meta reports robust Q3 earnings amidst geopolitical challenges and AI innovations

Meta's Q3 2023 performance reflects strong revenue growth driven by ad revenue in the Family of Apps segment, despite challenges in the Reality Labs segment and geopolitical uncertainties.
The company's strengths lie in AI innovation, product development, and user engagement strategies, while challenges include operational losses, geopolitical risks, and regulatory changes.
Opportunities for Meta include technological investments, upcoming product launches, and advancements in AI capabilities, positioning the company for continued growth and market leadership.
Overall, Meta's focus on efficiency, innovation, and market responsiveness underscores its commitment to delivering value to users and investors amidst a dynamic business landscape.

Meta reports robust Q4 earnings, focuses on AI innovation

Meta's Q4 2023 performance reflects strong revenue growth and profitability, driven by its ad business and AI advancements, with a focus on efficiency and stability for the future.
While facing challenges in managing expenses and maintaining profitability, Meta is strategically planning for long-term success by minimizing headcount additions and investing in key areas.
The company's opportunities lie in enhancing e-commerce advertising, introducing dividends, and expanding messaging monetization strategies, aligning with its vision for future technology products.

Meta reports robust Q1 earnings, eyes AI innovation for growth

Meta's Q1 performance reflects strong revenue growth and a focus on AI advancements, despite challenges from regulatory issues and TikTok events.
The company's strengths lie in its positioning as a leading AI company, strategic innovation in Reality Labs, and partnerships for growth opportunities.
While facing challenges in regulatory risks and monetizing AI services, Meta sees opportunities in evolving AI capabilities and expanding monetization avenues.

Meta reports strong Q2 earnings, eyes growth through AI and metaverse

Meta delivered a robust performance in Q2, showcasing strong revenue growth and a focus on innovation through AI and metaverse initiatives.
While facing challenges like foreign currency headwinds and evolving consumer expectations, Meta's strengths in AI technology and metaverse products position it well for future growth.
Opportunities lie in personalized experiences, industry collaborations, and market expansion, indicating a promising outlook for Meta's continued success.

Meta reports robust Q3 earnings, eyes AI growth opportunities

Meta's Q3 2024 earnings call highlighted strong financial performance, product momentum, and growth prospects.
While facing challenges in the Reality Labs segment and high expenses, Meta is focused on innovation and monetization strategies.
Opportunities lie in AI applicability, infrastructure investments, and optimizing revenue streams for sustained growth.
Overall, Meta's strategic focus on product development and user experience positions it for continued success and expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Apple

Amazon

Chevron

General Motors

Alphabet

Snap

Amazon, Google, Meta, and Snap all missed big on earnings. The common theme?

Elephants In The Room

Despite growing pushback to Facebook's metaverse pivot, Zuckerberg structured his company so that it's nearly impossible for him to be ousted.

Here's why Mark Zuckerberg can't be fired as CEO of Meta

Do not behead Zuckerberg, since the problem obviously lies with the short-sighted Mr. Market. Meta continues to report growing monetization and aggressive investments into the Family Of Apps, while expanding Metaverse partnerships.

Meta Platforms: Mr. Market Shorted Zuckerberg Prematurely - The Future Of Media Is Here

In 1990, a new tech start-up was spun out of Apple to invent the future. General Magic, as it was called, was a veritable dream factory.

Meta Platforms Is Blowing Through Billions Of Dollars In Free Cash Flow. Will The Metaverse Bet Pay Off?

Hanesbrands

Home Depot

JPMorgan Chase & Co

Lowe's

McCormick

Realty Income Corp

Pinterest

STORE Capital

Walgreens

Wells Fargo

October turned out to be the best month for the Dow Jones Industrial Average in a long time.

Now's a Good Time to Buy Stocks

The tech sector represented by QQQ is currently suffering the worst correction in a decade. As such, the sector's valuation is now quite attractive and provides prospects for almost double-digit annual returns in the long term.

QQQ Is Attractive At 22x PE. And Meta Platforms?

Twitter

Major social media platforms struggled to tackle false claims about the 2020 election results and the calls for violence that followed, including those promoted by the candidates themselves.

Here's How Social Media Giants—Including Twitter And Meta—Are Bracing For Midterm Misinformation

Subscribers to  Chart of the Week  received this commentary on Sunday, October 30.

Meta Platforms Fallout Extends on Earnings Disappointment

Meta stock is the worst performer in the S&P 500 this year. Option traders can use a bear put spread to bet on further weakness.

Meta Stock Is Worst Performer In S&P 500; This Options Spread Bets On Further Weakness

Meta Platforms might be in trouble at the moment, but the ad business can bounce back.

Meta's Ad Business Is Doing Better Than You Think

Microsoft

QUALCOMM

Invesco S&P 500 Equal Weight ETF

The cratering of big-cap technology and tech-related S&P 500 stocks is reaching epic proportions. And amazingly, it's getting worse.

The $5.5 Trillion Big-Cap Tech Stock Wipeout Sinks To A New Low

Meta shares are down roughly 73% over the past year, putting the social networking giant at the bottom of the stock market index.

Facebook parent company Meta is now the worst performer in the S&P 500 this year

Meta CEO Mark Zuckerberg's net worth has simultaneously tumbled, falling from the third-richest person in the world to the 29th in a span of 12 months.

Meta Is The S&P 500's Worst Performer Of 2022 As Losses Near 75%

Five years ago Google and Facebook dominated digital ad spend in the U.S. With more competition, a sluggish ad economy and other investments, there dominance has come to an end.

Revenue Of Alphabet And Meta The ‘Digital Duopoly' Have Been Slipping

Facebook-parent Meta Platforms Inc said on Thursday that its India head, Ajit Mohan, has stepped down after four years, while a media report said he would join rival Snap Inc.

Facebook-parent Meta's India head Ajit Mohan steps down

Both META and GOOG have been crushed in recent weeks, as advertising has slowed along with the economy. META is 57% historically undervalued, trading at just 4.9X cash-adjusted earnings and a PEG of 0.32. It could deliver almost 60% annual returns through 2027, if Zuckerberg can deliver the expected growth.

Meta And Alphabet: Both Are Screaming Bargains, But One Is The Smarter Buy

The Facebook parent is spending $2.4 billion to break leases. Here's what it means for the sector.

Meta Platforms Just Fired a Warning Shot at Office REITs

Meta Platforms Inc is launching "Communities on WhatsApp" and three new features such as in-chat polls, 32-person video calling and groups with up to 1,024 users, the social media giant's top boss Mark Zuckerberg said on Thursday.

Meta's Zuckerberg announces launch of 'Communities' on WhatsApp

The new features are designed to improve chats among larger groups and organizations.

WhatsApp Is Rolling Out Large-Group 'Communities,' 32-Person Video Chats

Overall corporate profitability isn't great, but it isn't bad either. That said, estimates for the coming periods are steadily coming down, with the revisions trend accelerating in recent days.

Breaking Down the Earnings Picture as Estimates Fade

Meta Platforms on Wednesday said it was adding a host of new features to Instagram, including a tool to trade digital collectibles, in a move that will help content creators monetize their presence on the social media platform.

Meta adds new tools to help content creators make money on Instagram

Meta announced today that's introducing a number of new creator updates across Instagram and Facebook. Most notably, the company revealed that creators on Instagram will soon be able to create their own NFTs and sell them directly to fans, both on and off Instagram.

Instagram will soon allow select creators to make and sell NFTs directly in its app

Alibaba

Baidu

Coinbase

JD.com

Speculative investments are caught between a rock and a hard place. Indeed, the cards have been stacking against more volatile buys in the last several months, with many investors preferring to cycle into more reliable — albeit slower — purchases.

25 Tech Stocks to Sell Before They Die

Bed Bath & Beyond

Netflix

Occidental Petroleum

SoFi Technologies

With social media-driven investments dominating headlines, it was no surprise that Reddit's most popular meme stocks garnered tremendous interest in 2021. Unfortunately, circumstances have not panned out well.

Reddit's 7 Most Popular Meme Stocks Ranked From Best to Worst

A recession could cause a “surpassingly deep cyclical decline in tech earnings,” according to SocGen analyst Albert Edwards.

News for Meta Stock (META)