Meta Platforms (META) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter rose compared to the prior quarter and also increased versus the same quarter a year ago. The company attributed the growth to higher advertising revenue, though the filing context does not support additional causal detail.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter rose compared to the prior quarter and also increased versus the same quarter a year ago. The company attributed the growth to higher advertising revenue, though the filing context does not support additional causal detail.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$48.4B
Revenue reported for this quarter.
Quarter-over-quarter
+19.2%
Change from the immediately preceding quarter.
Year-over-year
+20.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$164.5B
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 |
|---|---|---|
| Mar 31, 2024 | $36.5B | +27.3% |
| Jun 30, 2024 | $39.1B | +22.1% |
| Sep 30, 2024 | $40.6B | +18.9% |
| Dec 31, 2024 | $48.4B | +20.6% |
Revenue performance
Reported revenue showed a positive direction, increasing from the preceding quarter. The year-over-year comparison also reflected an upward trend.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Relative to the same quarter one year earlier, revenue was also higher, continuing the pattern seen in earlier quarters of the fiscal year.
What to watch
Ad impressions and average price per ad both increased year-over-year, according to the management discussion in the filing.