Meta Platforms Inc.

NASDAQ META

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Meta Platforms Inc. Gross Profit for the quarter ending March 31, 2024: USD 29.84 B

Meta Platforms Inc. Gross Profit is USD 29.84 B for the quarter ending March 31, 2024, a 32.38% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Meta Platforms Inc. Gross Profit for the quarter ending March 31, 2023 was USD 22.54 B, a 2.89% change year over year.
  • Meta Platforms Inc. Gross Profit for the quarter ending March 31, 2022 was USD 21.90 B, a 4.10% change year over year.
  • Meta Platforms Inc. Gross Profit for the quarter ending March 31, 2021 was USD 21.04 B, a 47.36% change year over year.
  • Meta Platforms Inc. Gross Profit for the quarter ending March 31, 2020 was USD 14.28 B, a 16.45% change year over year.
NASDAQ: META

Meta Platforms Inc.

CEO Mr. Mark Elliot Zuckerberg
IPO Date May 18, 2012
Location United States
Headquarters 1601 Willow Road, Menlo Park, CA, United States, 94025
Employees 69,329
Sector Communication Services
Industry Internet content & information
Description

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

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StockViz Staff

September 8, 2024

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