EI Earnings Insight Lab
Meta Platforms, Inc.

Meta Platforms, Inc. FY 2022 Earnings Analysis

Reported on 2023-02-02 / Fiscal Year FY 2022
Revenue Down YoY EPS Below Prior Year Weak Year
Meta Platforms, Inc. faced a challenging FY 2022, with pressure on both growth and profitability.

Revenue declined 1.1% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

Jump to FAQ
Source: Company filings / processed earnings data
Summary Charts Key Takeaways Revenue Analysis Profitability FAQ
Revenue
$116.6B
YoY: -1.1193%
QoQ: N/A
Net Income
$23.2B
YoY: -41.0719%
QoQ: N/A
EPS (Diluted)
$8.59
YoY: -37.62%
Net Margin
19.9%
YoY: -13.49 pts
QoQ: N/A
Gross Margin
78.3%
Operating Margin
24.8%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Profitability was broadly stable.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Annual

Revenue trend and year-over-year growth across recent reported annual periods.

Net Income & Net Margin

Annual

Net income and net margin trend over recent reported annual periods.

Revenue Analysis

Meta Platforms, Inc. reported $116.6B in revenue for FY 2022, down 1.1% YoY. The year-over-year decline indicates ongoing pressure on topline performance.

Revenue Snapshot
Current Fiscal Year $116.6B
Previous Fiscal Year $117.9B
YoY Change -1.1%

Profitability Analysis

Net income came in at $23.2B, down 41.1% YoY. Net margin was 19.9%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $23.2B
EPS $8.59
Net Margin 19.9%
YoY Margin Change -13.5 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Meta Platforms, Inc.'s revenue in FY 2022?

Meta Platforms, Inc. reported revenue of $116.6B in FY 2022.

What was Meta Platforms, Inc.'s net income in FY 2022?

Meta Platforms, Inc. reported net income of $23.2B in FY 2022.

How did Meta Platforms, Inc.'s revenue change year over year?

Meta Platforms, Inc.'s revenue decreased by 1.1% year over year in FY 2022.

What was Meta Platforms, Inc.'s net margin in FY 2022?

Meta Platforms, Inc.'s net margin was 19.9% in FY 2022.

Related
Meta Platforms, Inc. FY 2021 Earnings

Compare this fiscal year with the previous annual earnings report.
Related
Meta Platforms, Inc. Company Overview

Explore company profile, industry, and historical context.
Related
Meta Platforms, Inc. Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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