Meta Platforms, Inc. Q2 2024 Earnings Analysis
Revenue grew 22.1% year over year. Meta Platforms, Inc. also posted year-over-year earnings growth, reinforcing a more resilient operating profile.
Revenue trend
Revenue trend remains stable.
Margin and earnings quality
Profitability was broadly stable.
What matters next
Investors will continue watching execution quality.
Revenue & YoY Growth
QuarterlyRevenue trend and year-over-year growth across recent reported quarterly periods.
Net Income & Net Margin
QuarterlyNet income and net margin trend over recent reported quarterly periods.
Revenue Analysis
Meta Platforms, Inc. reported $39.1B in revenue for Q2 2024, up 22.1% YoY. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $13.5B, up 72.9% YoY. Net margin was 34.5%.
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 Q2 2024?
Meta Platforms, Inc. reported revenue of $39.1B in Q2 2024.
What was Meta Platforms, Inc.'s net income in Q2 2024?
Meta Platforms, Inc. reported net income of $13.5B in Q2 2024.
How did Meta Platforms, Inc.'s revenue change year over year?
Meta Platforms, Inc.'s revenue increased by 22.1% year over year in Q2 2024.
What was Meta Platforms, Inc.'s net margin in Q2 2024?
Meta Platforms, Inc.'s net margin was 34.5% in Q2 2024.
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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.
