Stock Analysis on Net
Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Meta Platforms Inc., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Advertising 131,948 113,642 114,934 84,169 69,655
Other revenue 1,058 808 721 657 541
Family of Apps 133,006 114,450 115,655 84,826 70,196
Reality Labs 1,896 2,159 2,274 1,139 501
Revenue 134,902 116,609 117,929 85,965 70,697

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Revenue Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Meta Platforms Inc. revenue decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.