Meta Platforms (META) Revenue — Quarter Ended Jun 30, 2024
Revenue grew in the quarter, rising compared to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue grew in the quarter, rising compared to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$39.1B
Revenue reported for this quarter.
Quarter-over-quarter
+7.2%
Change from the immediately preceding quarter.
Year-over-year
+22.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$149.8B
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 |
|---|---|---|
| Sep 30, 2023 | $34.1B | +23.2% |
| Dec 31, 2023 | $40.1B | +24.7% |
| Mar 31, 2024 | $36.5B | +27.3% |
| Jun 30, 2024 | $39.1B | +22.1% |
Revenue performance
The quarter's revenue continued its upward trajectory, reflecting ongoing business momentum.
Quarterly comparison
Sequentially, revenue increased from the immediately preceding quarter. On a year-over-year basis, revenue also rose compared to the same quarter a year ago.
What to watch
The company noted a highly competitive and rapidly changing operating environment, which could affect future results.