In the second quarter of 2024 social company Meta's total revenue amounted to 39 billion U.S. dollars, the majority of which was generated through advertising. In the fourth quarter of 2023, Meta's global quarterly revenue was 40 billion U.S. dollars.
Facebook company information
It is hard to imagine internet without social media and social media without Facebook. With 2.9 billion monthly active users, Facebook is the biggest social network worldwide. In fact, almost two billion users access Facebook on a daily basis. Due to its immense reach, Facebook is a highly influential publisher and one of the leading platforms for influencer marketing worldwide, surpassed only by Instagram and YouTube. Brands value social media marketing for increased exposure, traffic, and leads, and it is no surprise that Facebook can deliver on these metrics in vast quantities.
Global revenue generated by Meta Platforms from 4th quarter 2011 to 2nd quarter 2024
(in million U.S. dollars)
Characteristic
Revenue in million U.S. dollars
Q2 '24
39,071
Q1 '24
36,455
Q4 '23
40,111
Q3 '23
34,146
Q2 '23
31,999
Q1 '23
28,645
Q4 '22
32,165
Q3 '22
27,714
Q2 '22
28,822
Q1 '22
27,908
Q4 '21
33,671
Q3 '21
29,010
Q2 '21
29,077
Q1 '21
26,171
Q4 '20
28,072
Q3 '20
21,470
Q2 '20
18,687
Q1 '20
17,737
Q4 '19
21,082
Q3 '19
17,652
Q2 '19
16,886
Q1 '19
15,077
Q4 '18
16,914
Q3 '18
13,727
Q2 '18
13,231
Q1 '18
11,966
Q4 '17
12,972
Q3 '17
10,328
Q2 '17
9,321
Q1 '17
8,032
Q4 '16
8,809
Q3 '16
7,011
Q2 '16
6,436
Q1 '16
5,382
Q4 '15
5,841
Q3 '15
4,501
Q2 '15
4,042
Q1 '15
3,543
Q4 '14
3,851
Q3 '14
3,203
Q2 '14
2,910
Q1 '14
2,502
Q4 '13
2,585
Q3 '13
2,016
Q2 '13
1,813
Q1 '13
1,458
Q4 '12
1,585
Q3 '12
1,262
Q2 '12
1,184
Q1 '12
1,058
Q4 '11
1,131
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Meta Platforms. (July 31, 2024). Global revenue generated by Meta Platforms from 4th quarter 2011 to 2nd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/422035/facebooks-quarterly-global-revenue/
Meta Platforms. "Global revenue generated by Meta Platforms from 4th quarter 2011 to 2nd quarter 2024 (in million U.S. dollars)." Chart. July 31, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/422035/facebooks-quarterly-global-revenue/
Meta Platforms. (2024). Global revenue generated by Meta Platforms from 4th quarter 2011 to 2nd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/422035/facebooks-quarterly-global-revenue/
Meta Platforms. "Global Revenue Generated by Meta Platforms from 4th Quarter 2011 to 2nd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/422035/facebooks-quarterly-global-revenue/
Meta Platforms, Global revenue generated by Meta Platforms from 4th quarter 2011 to 2nd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/422035/facebooks-quarterly-global-revenue/ (last visited October 31, 2024)
Global revenue generated by Meta Platforms from 4th quarter 2011 to 2nd quarter 2024 (in million U.S. dollars) [Graph], Meta Platforms, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/422035/facebooks-quarterly-global-revenue/