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Meta's Annual Revenue (2010 - 2021, $ Billion)

Industry: Internet Services; Social Media
Current: Company Performance

Meta’s generated an annual revenue of $117.9 billion in 2021
In 2020, Meta’s earned $86 billion in revenues
Digital advertisement is the major source of revenue for Meta

Meta, a leading social media platform, reported annual revenue of nearly $117.9 billion in the fiscal year 2021, a growth of nearly 37% as compared to the annual revenue of nearly $86 billion in 2020. The major source of annual revenue for Meta is from advertisements and the revenue is further segregated into revenue from these two segments: Family of Apps and Reality Labs.

Family of Apps (FoA):

Meta’s Family of Apps (FoA) consists of social media platforms like Facebook, Instagram, Messenger, and WhatsApp. Revenues in this segment are generated from selling advertisement placements to marketers. The advertisements are placed on multiple platforms like Facebook, Instagram, Messenger, and third-party applications & websites. In 2021, FoA generated $115.7 billion in revenues, whereas, in 2020 the revenue amounted to $84.9 billion.

Reality Labs (RL):

Reality Labs (RL) is the augmented and virtual reality segment of Meta. RL generates revenue from sales of consumer hardware products, software, and content. In the fiscal year 2021, RL generated $2.3 billion in revenues.

Revenue by Geography:

Most of Meta’s revenue is earned from the United States of America, followed by revenue from the European region. In 2021, the revenue from the United States of America amounted to $48.4 billion, the European region contributed $29 billion in revenue, the Asia-Pacific region generated $26.7 billion in revenue, and revenue from the Rest of the World stood at $10.6 billion. Meta generated nearly $3 billion in revenue from Canada.

Note: Meta includes Russia and Turkey in the European region, and the Rest of the World includes Africa, Latin America, and the Middle East.

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