Meta Platforms (META) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$34.1B
Revenue reported for this quarter.
Quarter-over-quarter
+6.7%
Change from the immediately preceding quarter.
Year-over-year
+23.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$127B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $32.2B | -4.5% |
| Mar 31, 2023 | $28.6B | +2.6% |
| Jun 30, 2023 | $32B | +11.0% |
| Sep 30, 2023 | $34.1B | +23.2% |
Revenue performance
The company reported higher revenue for the quarter, continuing the upward trajectory seen in recent periods.
Quarterly comparison
Revenue grew compared to the immediately preceding quarter and was also higher than the same quarter one year ago.
What to watch
Monitor whether the pace of revenue growth can be sustained in the coming quarters.