Meta Platforms

Meta Platforms

World Rank (Jan-05-2024)
7
Market Cap (Jan-05-2024)
884.871 Billion USD
World Rank (Jul-30-2023)
8
Market Cap (Jul-30-2023)
834.120 Billion USD
World Rank (Jan-07-2022)
7
Market Cap (Jan-07-2022)
922.960 Billion USD
World Rank (Jan-01-2021)
6
Market Cap (Jan-01-2021)
778.040 Billion USD
Company Rank in Country in 2023
Rank in USA in July-2023 is 7
Headquarters Country
USA
Nasdaq / NYSE Code
META
Key Metrics
As on June 2023, Facebook has 3.03 Billion active users per month.
As on December 2021, Facebook has 2.8 Billion active users per month.
As on April 2020, Facebook has 2.6 Billion active users per month.
Market Cap (Mar-08-2026)
1631.21
CEO
Mark Zuckerberg
Chairman
Mark Zuckerberg
Founders
Mark Zuckerberg
Andrew McCollum
Eduardo Saverin
Dustin Moskovitz
Chris Hughes
Billionaires
Mark Zuckerberg
Dustin Moskovitz
Eduardo Saverin
Jeff Rothschild
Sean Parker
Sheryl Sandberg
Employee Count
67,317
Employee Count as of Date
As on Dec-2023
Headquarters City/State
California
World Region
Americas
World Subregion
Northern America
Annual Revenue in USD
134,902 Million USD
Annual Operating Income in USD
46,751 Million USD
Annual Net Income in USD
39,098 Million USD
Annual Results for Period Ending
Dec-2023 ending year
Total Assets in USD
229,623 Million USD
Total Liabilities in USD
76,455 Million USD
Total Equity in USD
153,168 Million USD
Balance Sheet for Period Ending
Dec-2023 ending year
Business Sector
Communication Services
Internet or Mobile App Based Business
Social Media
Artificial Intelligence
Internet of Things
Company Website
Facebook - Worlds Biggest Social Media Network
Wikipedia
Wikipedia
Yahoo
Yahoo @ Nasdaq
Facebook
Facebook
Company Profile

Meta Platforms is parent company of Facebook and Facebook is World's largest Social Media Network. After Google and Amazon, the next biggest internet based company in the World is Facebook. As on June 2023, Facebook has 3.03 Billion active users per month. WhatsApp and Instagram companies are acquired by Facebook. Headquarters is in USA.

As on Jan-05-2024, Meta Platforms market cap was 884 Billion USD and it is World Top 7th company by market cap.

Meta Platforms had 66,185 employees as of September 30, 2023, a decrease of 24% year-over-year.

Facts About Company

For year ending Dec-2023, Facebook annual revenue generated was 134.90 billion USD and Facebook annual net income was 39.09 billion USD.

For year ending Dec-2022, Facebook annual revenue generated was 116.60 billion USD and Facebook annual net income was 23.20 billion USD.

For year ending Dec-2021, Facebook annual revenues was 117,929 Million USD and Facebook Annual Net Income was 39,370 Million USD.

As on 2023, Facebook has 71,469 employees.

As on 2022, Facebook had 77,805 employees.

As on Dec-2021, Facebook had 71,970 employees.

Highlights of Facebook quarterly results ending in Sep-2023

  • Family daily active people (DAP) : DAP was 3.14 billion on average for September 2023, an increase of 7% year-over-year.
  • Family monthly active people (MAP) : MAP was 3.96 billion as of September 30, 2023, an increase of 7% year-over-year.
  • Facebook daily active users (DAUs) : DAUs were 2.09 billion on average for September 2023, an increase of 5% year-over-year.
  • Facebook monthly active users (MAUs) : MAUs were 3.05 billion as of September 30, 2023, an increase of 3% year-over-year.
  • Ad impressions and price per ad : In the third quarter of 2023, ad impressions delivered across our Family of Apps increased by 31% year-over-year and the average price per ad decreased by 6% year-over-year.
  • Revenue – Revenue was $34.15 billion, an increase of 23% year-over-year, and an increase of 21% year-over-year on a constant currency basis.
  • Long-term debt – Long-term debt was $18.38 billion as of September 30, 2023.
  • Headcount – Headcount was 66,185 as of September 30, 2023, a decrease of 24% year-over-year. A substantial majority of the employees impacted by the layoffs are no longer included in our reported headcount as of September 30, 2023.

Highlights of Facebook quarterly results ending in Dec-2023

  • Family daily active people (DAP) – DAP was 3.19 billion on average for December 2023, an increase of 8% year-over-year.
  • Family monthly active people (MAP) – MAP was 3.98 billion as of December 31, 2023, an increase of 6% year-over-year.
  • Facebook daily active users (DAUs) – DAUs were 2.11 billion on average for December 2023, an increase of 6% year-over-year.
  • Facebook monthly active users (MAUs) – MAUs were 3.07 billion as of December 31, 2023, an increase of 3% year-over-year.
  • Ad impressions and price per ad – In the fourth quarter of 2023, ad impressions delivered across our Family of Apps increased by 21% year-over-year and the average price per ad increased by 2% year-over-year. For the full year 2023, ad impressions increased by 28% year-over-year and the average price per ad decreased by 9% year-over-year.
  • Headcount – Headcount was 67,317 as of December 31, 2023, a decrease of 22% year-over-year
Subsidiaries

Facebook
Instagram
WhatsApp
Oculus VR
CTRL-Labs
Giphy

Annual Results Summary

FaceBook Annual Results - Revenue and Net Income - in Billion USD:

ANNUAL RESULTSRevenueOperating IncomeNet Income
Dec-2024164.5069.3862.36
Dec-2023134.9046.7539.09
Dec-2022116.6028.9423.20
Dec-2021117.9346.7539.370
Dec-202085.9632.6729.15
Dec-201970.6923.9818.48
Dec-201855.8424.9122.11
Dec-201740.6520.2015.93
Dec-201627.64 10.19
Balance Sheet Summary

Facebook - Balance Sheet Summary - in Million USD:

Year Ending:Total AssetsTotal LiabilitiesTotal Equity
Dec-2024276,05493,417182,637
Dec-2023229,62376,455153,168
Dec-2022185,72760,014125,713
Dec-2021165,98741,108124,879
Dec-2020159,31631,026128,290
Dec-2019133,37632,322101,054
Dec-201897,33413,20784,127
Dec-201784,52410,17774,347
Founded Year
2004
Institutional Investors

Top 30 Investors in META PLATFORMS as of Dec-31-2023

RankInstitution NameDateShares HeldChange (Shares)Change (%)Value (In 1,000s)
1Vanguard Group Inc12/31/2023186,349,3453,104,5491.69%$88,202,872 
2Blackrock Inc.12/31/2023157,506,6241,541,4130.99%$74,551,035 
3Fmr Llc12/31/2023133,692,5112,882,6032.20%$63,279,339 
4State Street Corp12/31/202389,090,4503,036,5873.53%$42,168,292 
5Jpmorgan Chase & Co12/31/202349,077,756685,5811.42%$23,229,483 
6Geode Capital Management, Llc12/31/202345,918,987721,2681.60%$21,734,375 
7Price T Rowe Associates Inc /Md/12/31/202345,531,821-3,047,221-6.27%$21,551,122 
8Capital World Investors12/31/202338,054,513927,4912.50%$18,011,962 
9Morgan Stanley12/31/202336,251,699-26,073-0.07%$17,158,654 
10Capital International Investors12/31/202334,738,4701,083,7193.22%$16,442,413 
11Norges Bank12/31/202331,884,550-3,208,918-9.14%$15,091,595 
12Capital Research Global Investors12/31/202330,217,1754,440,22917.23%$14,302,393 
13Northern Trust Corp12/31/202322,222,252-781,675-3.40%$10,518,236 
14Wellington Management Group Llp12/31/202319,173,796-1,797,498-8.57%$9,075,341 
15Legal & General Group Plc12/31/202317,989,7543,984,28228.45%$8,514,910 
16Invesco Ltd.12/31/202317,387,844-6,666-0.04%$8,230,014 
17Nuveen Asset Management, Llc12/31/202316,970,203-755,425-4.26%$8,032,336 
18Bank Of New York Mellon Corp12/31/202315,820,744-444,654-2.73%$7,488,275 
19Sanders Capital, Llc12/31/202314,569,705344,3842.42%$6,896,133 
20Bank Of America Corp /De/12/31/202314,527,163-4,288,996-22.79%$6,875,997 
21Charles Schwab Investment Management Inc12/31/202313,324,745181,2831.38%$6,306,868 
22Goldman Sachs Group Inc12/31/202311,211,5941,225,02812.27%$5,306,672 
23Gqg Partners Llc12/31/202311,154,59316,9950.15%$5,279,692 
24Jennison Associates Llc12/31/202311,118,778-444,817-3.85%$5,262,740 
25Arrowstreet Capital, Limited Partnership12/31/202311,020,987-584,509-5.04%$5,216,454 
26Janus Henderson Group Plc12/31/202310,961,657112,7331.04%$5,188,371 
27Loomis Sayles & Co L P12/31/202310,938,386-630,561-5.45%$5,177,357 
28Ubs Asset Management Americas Inc12/31/202310,060,752-199,330-1.94%$4,761,955 
29Barclays Plc12/31/202310,044,2744,622,30585.25%$4,754,156 
30Newlands Management Operations Llc12/31/20239,602,653-60,100-0.62%$4,545,128 

 

 

IPO Year
2012
Stock Category
S&P 500
Nasdaq 100
Stock Exchange
Nasdaq
Company SubCategory
Top Technology Companies in USA
Top Software and IT Companies in USA
Top Media Companies in USA
Top Technology Companies in S&P 500
Top Software and IT Companies in S&P 500
Top Artificial Intelligence Companies in USA
Nasdaq Sector
Technology
Nasdaq Industry
Computer Software: Programming Data Processing

Comments

Submitted by value.today on Sun, 02/04/2024 - 16:58 - UTC

Permalink

Meta Platforms Quarterly results for period ending Dec-2023

Meta Platforms : Quarterly Results Ending Dec-2023
Meta revenue for quarter ending Dec-2023 was 40,111 million USD.
Meta revenue for quarter ending Dec-2022 was 32,165 million USD.

Meta net income for quarter ending Dec-2023 was 14,017 million USD.
Meta net income for quarter ending Dec-2022 was 4,652 million USD.

Meta Platforms : Annual Results Ending Dec-2023
Meta annual revenue for year ending Dec-2023 was 134,902 million USD.
Meta annual revenue for year ending Dec-2022 was 116,609 million USD.

Meta annual net income for year ending Dec-2023 was 39,098 million USD.
Meta annual net income for year ending Dec-2022 was 23,200 million USD.

Meta Platforms Headcount was 67,317 as of December 31, 2023, a decrease of 22% year-over-year.

Highlights of Facebook quarterly results ending in Dec-2023

  • Family daily active people (DAP) – DAP was 3.19 billion on average for December 2023, an increase of 8% year-over-year.
  • Family monthly active people (MAP) – MAP was 3.98 billion as of December 31, 2023, an increase of 6% year-over-year.
  • Facebook daily active users (DAUs) – DAUs were 2.11 billion on average for December 2023, an increase of 6% year-over-year.
  • Facebook monthly active users (MAUs) – MAUs were 3.07 billion as of December 31, 2023, an increase of 3% year-over-year.
  • Ad impressions and price per ad – In the fourth quarter of 2023, ad impressions delivered across our Family of Apps increased by 21% year-over-year and the average price per ad increased by 2% year-over-year. For the full year 2023, ad impressions increased by 28% year-over-year and the average price per ad decreased by 9% year-over-year.

Share