Facebook Inc Net Revenues
Net Revenues of Meta Inc (formerly Facebook)
Amounts are in $millions.
Year | Revenue $Mn |
---|---|
2021 | $114,934 |
2020 | $85,965 |
2019 | $70,697 |
2018 | $55,838 |
2017 | $40,653 |
2016 | $27,638 |
2015 | $17,928 |
2014 | $12,466 |
2013 | $7,872 |
2012 | $5,089 |
2011 | $3,711 |
2010 | $1,974 |
2009 | $777 |
2008 | $272 |
2021: The net revenues of Meta Inc (formerly known as Facebook) grew to $114.934 billion in 2021 compared to $86 billion in 2020.
The net revenue of Facebook Inc again took an impressive jump in 2020 compared to the previous year. the net revenue of the social media giant grew by $15.2 billion in 2020 compared to 2019. Facebook's annual net revenue for 2020 was $85.9 billion compared to $70.7 billion in 2019.
Facebook's net revenue during the first half of 2020 reached $36.4 billion compared to $32 billion during the same period in the previous year.
2019: Facebook's revenue grew to $70.7 billion in 2019 from $55.8 billion in 2018.
2018 - Facebook's revenue was $55.84 billion, up 37% year-over-year, and advertising revenue was $55.01 billion , up 38% year-over-year.
About Facebook:
Facebook is one of the leading social media platforms with an active user base that runs in billions. The company was incorporated in Delaware in July 2004. It has its headquarters at Menlo Park, California. Apart from Facebook, the company also owns Messenger, Instagram, Whatsapp, and Oculus. Substantially all of facebook's revenue comes from advertising. The social media platform of Facebook provides attractive features for building communities and connecting with others as well as advertising and promotions.
Facebook Annual Reports.