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META (Meta Platforms) Gross Profit : $134,338 Mil (TTM As of Dec. 2024)


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What is Meta Platforms Gross Profit?

Meta Platforms's gross profit for the three months ended in Dec. 2024 was $39,546 Mil. Meta Platforms's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $134,338 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Meta Platforms's gross profit for the three months ended in Dec. 2024 was $39,546 Mil. Meta Platforms's Revenue for the three months ended in Dec. 2024 was $48,385 Mil. Therefore, Meta Platforms's Gross Margin % for the quarter that ended in Dec. 2024 was 81.73%.

Meta Platforms had a gross margin of 81.73% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Meta Platforms was 86.58%. The lowest was 78.35%. And the median was 81.81%.


Meta Platforms Gross Profit Historical Data

The historical data trend for Meta Platforms's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meta Platforms Gross Profit Chart

Meta Platforms Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69,273.00 95,280.00 91,360.00 108,943.00 134,340.00

Meta Platforms Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32,416.00 29,815.00 31,763.00 33,214.00 39,546.00

Competitive Comparison of Meta Platforms's Gross Profit

For the Internet Content & Information subindustry, Meta Platforms's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meta Platforms's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Gross Profit distribution charts can be found below:

* The bar in red indicates where Meta Platforms's Gross Profit falls into.


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Meta Platforms Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Meta Platforms's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=164501 - 30161
=134,340

Meta Platforms's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=48385 - 8839
=39,546

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $134,338 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Meta Platforms's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=39,546 / 48385
=81.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Meta Platforms  (NAS:META) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Meta Platforms had a gross margin of 81.73% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Meta Platforms Gross Profit Related Terms

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Meta Platforms Business Description

Address
1 Meta Way, Menlo Park, CA, USA, 94025
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.
Executives
Jennifer Newstead officer: VP and General Counsel C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Javier Olivan officer: Chief Operating Officer 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Christopher K Cox officer: Chief Product Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Mark Zuckerberg director, 10 percent owner, officer: COB and CEO C/O META PLATFORMS, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Andrew Bosworth officer: Chief Technology Officer C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Susan J Li officer: Chief Financial Officer ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Peggy Alford director 435 TASSO STREET, PALO ALTO CA 94301
Nicholas Clegg officer: President, Global Affairs C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Aaron Anderson officer: Chief Accounting Officer C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Sheryl Sandberg officer: Chief Operating Officer P.O. BOX 2929, SAN FRANCISCO CA 94126
Taylor Susan J.s. officer: Chief Accounting Officer C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Marne L. Levine officer: Chief Business Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
David M. Wehner officer: Chief Financial Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Tony Xu director C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
David B. Fischer officer: Chief Revenue Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025