Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $85,965 | $117,929 | $116,609 | $134,902 | $164,501 |
| Gross Profit | $69,273 | $95,280 | $91,360 | $108,943 | $134,340 |
| Operating Income | $32,671 | $46,753 | $28,944 | $46,751 | $69,380 |
| Net Income | $29,146 | $39,370 | $23,200 | $39,098 | $62,360 |
Over the five-year period from 2020 to 2024, Meta Platforms, Inc. has demonstrated overall revenue growth with some short-term volatility. Revenue increased notably from approximately 85.97 billion USD in 2020 to 117.93 billion USD in 2021—an estimated 37% year-over-year increase. However, 2022 saw a slight dip in revenue to 116.61 billion USD, before rebounding to 134.90 billion USD in 2023 and climbing further to 164.50 billion USD in 2024. Gross profit trends mirror this progression, with a sustained upward trend from 69.27 billion USD in 2020 to 134.34 billion USD in 2024, reflecting continued operational efficiency and expansion in high-margin activities. Operating income and net income reveal more pronounced fluctuations. Operating income grew from 32.67 billion USD in 2020 to 46.75 billion USD in 2021 but experienced a significant decline, falling by nearly 38% to 28.94 billion USD in 2022. It rebounded in 2023 and reached 69.38 billion USD in 2024. Similarly, net income dropped sharply from 39.37 billion USD in 2021 to 23.20 billion USD in 2022—a swing of over 40%—before recovering in subsequent years and peaking at 62.36 billion USD in 2024. These swings may be driven by short-term market conditions or operational adjustments, as indicated by data changes, although the consistent recovery and upward trend in later years suggest robust fundamentals. Overall, Meta Platforms appears financially healthy and sustainable, successfully navigating fluctuations while maintaining strong profitability and revenue expansion within a competitive and fast-evolving tech landscape.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.