META Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-12-31), META reported revenue of $48.4B, gross profit of $39.5B (81.7% gross margin), operating income of $23.4B, and net income of $20.8B (43.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
META was profitable; revenue grew 19.2% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +19.2% | +32.8% | +4.4 pp |
Consensus estimate data is not available for this report.
META Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $48.4B | 100% |
| Cost of Revenue | −$8.8B | 18.3% |
| Gross Profit | $39.5B | 81.7% |
| Research & Development | −$12.2B | 25.2% |
| Selling, General & Administrative | −$3.2B | 6.7% |
| Operating Income | $23.4B | 48.3% |
| Other Income, net | $188M | 0.4% |
| Income Tax Expense | −$2.7B | 5.6% |
| Net Income | $20.8B | 43.1% |
Source: original SEC filing (filed 2025-01-29). Accession 0001326801-25-000014. Data normalized by EarningsFyi.