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.

Salesforce

Meta will be integrating WhatsApp with Salesforce to help businesses add ways to chat with customers, a WhatsApp blog said. This will let them add more options to talk and manage communication directly from Salesforce's platform.

Meta Integrates WhatsApp, Salesforce to Let Merchants Chat With Consumers

Apple

Cigna

Elevance Health Inc

Alphabet

HCA Healthcare

Microsoft

Micron Technology

Taiwan Semiconductor Manufacturing

UnitedHealth Group

Lewis Sanders is the founder, CEO, and Co-CIO of Sanders Capital. Sanders founded Sanders Capital in 2009, and prior to that, he worked for AllianceBernstein in varying roles, including Chairman, CEO, CIO and more.

These Are the Top 10 Holdings of Lewis Sanders

According to my assumptions, Meta Platforms' fair value is $253 per share, so the company is very undervalued. The metaverse is a massive opportunity for a number of reasons. Most importantly, it enables deeper social experiences where you feel a realistic sense of presence with other people.

Meta Platforms: The Biggest Opportunity In This Recession

Facebook is introducing new Pages features that are designed to help creators get discovered and connect with their followers, the company announced on Tuesday. Most notably, the social network is rolling out a new setting for creators that makes content exclusively available to top fans and subscribers.

Facebook adds new Pages features to help creators connect with fans and get discovered

CrowdStrike

Diamondback Energy

GlobalFoundries

IQVIA Hlds

Spotify

Visa

Amid fears of persistent inflation and economic slowdown, many growth names, especially those that aren't yet profitable, have fared poorly this year. However, growth stocks tend to outperform the broader market over the long term.

The 7 Best Growth Stocks to Buy in October

Zuckerberg ranks 20th among global billionaires with a net worth of $55 billion – his lowest ranking since 2014, according to the Bloomberg Billionaire's Index.

Mark Zuckerberg's fortune sheds $71B as Meta Platforms' stock struggles

Facebook's parent company Meta on Tuesday suffered a setback in its challenge against German antitrust rules as a top adviser to the EU Court of Justice backed the regulator.

Facebook parent Meta in EU setback against German rules

Meta Platforms' stock (NASDAQ: META) has lost 57% YTD, while the S&P500 is down 19% over the same period.

Meta Platforms Stock Is Down 57% YTD, Is It Attractive At The Current Levels?

Meta platforms has been unjustly punished by this bear market. The company is highly profitable and has ways of increasing growth in the short term.

What's The Meta With You? I'm Buying This Dip Aggressively

Antitrust authorities may assess whether companies comply with EU data protection rules during their investigations, an adviser to Europe's top court said on Tuesday, in a case involving Meta Platforms and the German competition agency.

German antitrust watchdog may assess Meta's privacy obligations, court adviser says

What's Facebook's plan for attracting younger users? Recode's Shirin Ghaffary joins "Nightcap's" Jon Sarlin to discuss the existential moment of change at Facebook. For more, watch the full Nightcap episode here.

Here's why Facebook is facing an existential moment

In investment, the hotter the concept, the cooler our minds need to be. I am a long-term bull on the metaverse future and also on Meta Platforms.

Meta Platforms: The Timeline Is Not For Everyone

Meta Platforms, Inc.'s stock has been under a lot of pressure as it adjusts to ATT changes and the emergence of TikTok. While the Chinese company is a formidable opponent, potential regulation targeting TikTok could boost Meta's network.

Netflix, Not TikTok, Is Biggest Threat Facing Meta Platforms

A big group of U.S. states, led by New York, argued to an appeals court Monday that it should reinstate an antitrust lawsuit against Meta's Facebook because of ongoing harm from the company's actions and because the states had not waited too long to file their complaint.

U.S. states ask appeals court to reinstate Facebook lawsuit

Meta is going all in to expand the reach of its short video products. In the latest step to those offerings widely reachable, the company is launching a Facebook Reels API for developers to integrate into their apps.

Facebook debuts a Reels API for sharing from third-party apps

The social media heavyweight is underwater. Does that mean smart investors should pounce on the stock today?

Should Investors Buy Meta Platforms Stock Amid the Nasdaq Pullback?

Meta Platforms has seen the long-standing COO and CFO depart their positions since the Q2 earnings report. The company hasn't attended any investor conferences with the new executives or updated guidance to calm the markets.

Meta Platforms: Leadership Vacuum Will Pass

Twitter

A U.S. appeals court on Friday upheld a Texas law that bars large social media companies from banning or censoring users based on "viewpoint," a setback for technology industry groups that have argued that the Republican-backed measure would turn platforms into bastions of dangerous content.

U.S. appeals court rules against big tech's ability to regulate online speech

Nearly 100 Facebook janitors were laid off from the tech giant's California offices Friday, two months after being told their jobs would be safe.

Almost 100 Facebook janitors laid off as Silicon Valley service-worker cuts continue

Facebook was a member of the exclusive $1 trillion club a year ago, but it's fallen a long way since then.

Facebook stock falls to yet another ignominious level

Meta's challenges are mounting and investors continue to bail.

Meta shares plunged 14% this week, falling close to their pandemic low

Adobe

QUALCOMM

Are these good technology stocks to buy right now?

3 Technology Stocks For Your Mid-September Watchlist

Meta Platforms, Inc. has seen a rapid growth slowdown yet is cutting its expense budget consequently. This combination still results in huge near-term earnings pressure, hurting fundamental earnings power to support Meta Platforms shares.

Meta Platforms: A Mixed Bag

Apple and Meta are two tech mega caps that have created a lot of value in the past. Over the last year, their performance is very different, however. What does a recession mean for Apple and Meta? Is the market accounting for these risks correctly?

Apple Vs. Meta Platforms Stock: Which Is The Better Buy?

Meta Platforms has declined by more than 50% in 2022, falling much further than the major indices. META is now trading at a valuation that puts its share price at a lower price than it was in parts of 2017.

News for Meta Stock (META)