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.

CrowdStrike

Crexendo, Inc.

NVIDIA

Here we pick four top-ranked tech stocks -- CrowdStrike (CRWD), Crexendo (CXDO), Meta Platforms (META) and NVIDIA (NVDA) -- which are well-poised to crush Nasdaq's return this year.

4 Top-Ranked Tech Stocks Set to Crush Nasdaq in 2023

Anheuser-Busch InBev

Beyond Meat

Disney

Lucid Group

Tupperware

As 2023 is drawing near its conclusion, it is time to look back at the stock market and observe which of its participants made it to the list of shares belonging to the heavily popular companies that are trending on social media platforms, or meme stocks, this year.

These stocks made the meme list this year

While Meta's big tech peers have hit new all-time highs in recent weeks, META stock is still sitting roughly ~8% off its nominal all-time highs of ~$384.33 per share. In this note, I shall provide an update on my 5-year CAGR return expectations for Meta. Furthermore, we will look into the potential pathway for Meta stock to hit new all-time highs in 2024.

Can Meta Stock Reach $400 In 2024?

Microsoft

Technology stocks staged a miraculous recovery in 2023, with megacaps like Nvidia Corporation (NASDAQ:NVDA), Tesla Inc (NASDAQ:TSLA) and Meta Platforms Inc (NASDAQ:FB) enjoying triple-digit rallies, much to the chagrin of UK-listed investment trusts that capitulated in 2022. As the year draws to a close, we dived into the portfolios of the trusts with significant weighting to the so-called ‘Magnificent Seven' tech stocks, namely Nvidia, Google parent Alphabet Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Apple Inc (NASDAQ:AAPL, ETR:APC), Tesla, Facebook-owner Meta and Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ).

Top tech trusts 2023: Microsoft, Meta and Nvidia brought stellar returns for UK investors

Over the past twelve months, shares in Meta Platforms (NASDAQ: META ) have more than tripled in price. After such outsized performance, the question now is what lies ahead for META stock over the next twelve months.

3 Reasons Why META Stock Will Stay a Winner in 2024

Pinterest

Snap

An abundance of tech companies are showing signs of increased profitability amid easing inflation and investors might be wondering if Meta Platforms (META) and other social media operators will continue to benefit as well.

Is it Time to Buy Social Media Stocks Going into 2024?

Alphabet

Palantir Technologies

Apple

Julian Lin discusses Palantir as a controversial stock with potential for growth. Meta Platforms and Alphabet are his top tech picks, citing their strong execution and compelling valuations.

Julian Lin On Palantir, Google, Meta And Apple

Workday

Tech stocks like Workday (WDAY), Microsoft (MSFT), Meta Platforms (META), NVIDIA (NVDA) and Alphabet (GOOGL) are poised to benefit once the Fed starts cutting rates in 2024.

5 Stocks Poised to Rally in 2024 as Inflation Declines Further

MSCI

Yum China Hlds

I don't know about you, but I pay attention to which companies are analyst stock picks, such as Apple (NASDAQ: AAPL ) and Nvidia (NASDAQ: NVDA ). I do it not because I need their affirmation to recommend a particular stock but because these highly covered names tend to see more price action due to their coverage, often leading to market-beating returns.

Analyst Favorites: 3 Newly Rated ‘Buy' Stocks to Consider Now

Amazon

Investors are drawn to technology stocks because of their substantial growth prospects and capacity for innovation. Technology companies frequently take the lead in transformative advancements, fostering innovation that can yield significant returns for investors.

Top 3 Big Tech stocks to buy in 2024

Coinbase

Marathon Digital Holdings

MicroStrategy Incorporated

Riot Blockchain

While the cryptocurrency industry has been evolving over the years, it has given rise to many companies oriented on cryptocurrencies and their related blockchain technology. At the same time, their shares have become equal participants in the stock market, some performing better than others in 2023.

These crypto stocks dominated in 2023

In the vibrant realm of technology, the spotlight is firmly on the array of tech stocks for 2024. Savvy investors are captivated by these stocks, drawn not just by their powerful market presence but also by their potential for substantial investment growth.

Why These 3 Tech Stocks Should Be on Your Radar in 2024

Advanced Micro Devices

As the tech landscape evolves, investors seek lucrative avenues for maximizing their investments. In 2025, the trajectories of key tech giants will beckon attention, promising substantial growth and innovation in AI and interactive media.

Turn $50,000 into $100,000: 3 Tech Giants Set to Skyrocket in 2025

These three AI stocks in Cathie Wood's portfolio have skyrocketed at least 170% in 2023. Wood has reduced Ark Invest's stake in one of them but added to another of her big winners.

Cathie Wood's 3 Best Artificial Intelligence (AI) Stocks This Year: Are They Good Picks for 2024?

Meta investing heavily into designing immersive AR glasses for a world without smartphones.  The glasses are slated for commercial release by the decade's end.

Meta's AR glasses may be 'the most advanced thing that we've ever produced as a species' in consumer electronics, CTO Andrew Bosworth says

ASML Hld

Tesla

Companies must operate in sectors with unprecedented growth to reach a $1 trillion market cap. Growth stocks can certainly help investors get there.

3 Growth Stocks Set to Reach $1 Trillion Status

Threads, built on the back of Instagram and launched in July, may have staying power. The new Meta platform recently became available in the EU, seeing a surge in downloads.

Meta's new Threads, a rival for X, is now Apple's most downloaded app

Adobe

The creator economy is really all about internet influencers and personalities and their power. Love them or hate them, social media stars are big business.

3 Stocks to Play the Rise of the Creator Economy in 2024

Italy's communications authority said Friday it had fined Facebook's parent company Meta 5.85 million euros ($6.4 million) for carrying gambling advertising.

Italy fines Meta for hosting gambling advertising

ROME, Dec 22 (Reuters) - Meta Platforms (META.O), the parent company of Facebook, has become the latest tech company to be fined in Italy for breaches of a ban on the advertising of gambling.

Facebook's Meta fined for breaches of Italian gambling ads ban

After vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.

Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years

Glad you owned the top-performing "Magnificent Seven" S&P 500 stocks this year? You should be — and you're in good company.

4 Investors Make $491 Billion On 'Magnificent 7' Stocks This Year

Schlumberger

Constellation Brands

After an impressive 2023, the market could throw investors some curve balls in 2024. While it's calm now, several 2024 risks could increase volatility and pressure stocks.

3 Must-Buy Valuable Blue-Chip Stocks for 2024

Unity Software

Artificial intelligence (AI) breathed new life into technology stocks in 2023. However, heading into 2024, investors are becoming pickier about where to invest in AI.

Why These 3 Metaverse Stocks Should Be on Your Radar in 2024

Broadcom

Costco

Invesco QQQ

SPDR S&P 500 ETF Trust

The QQQ has handily outperformed the S&P 500 over the past decade. Just because the market was up in 2023 doesn't mean it can't have a strong year in 2024.

News for Meta Stock (META)