Meta Platforms Inc
Meta Platforms Inc Cost Of Revenue
  • Meta Platforms Inc annual cost of revenue was $25.25 Billion in fiscal year 2022. The annual cost of revenue Increased $2.60 Billion from $22.65 Billion (in 2021) to $25.25 Billion (in 2022).
    This Increased represents a cost of revenue growth of +11.48% Billion year over year.


  • Meta Platforms Inc quarterly cost of revenue was $6.11 Billion in the quarter ending in Mar 2023.
    The quarterly cost of revenue Increased $103.00 Million from $6.01 Billion (in Mar 2022) to $6.11 Billion (in Mar 2023).
    This Increased represents a cost of revenue growth of +1.72% year over year.


  • In the last 5 years from 2018 to 2022 :
    • Highest cost of revenue of Meta Platforms Inc was $25.25 Billion in fiscal year 2022.
    • Lowest cost of revenue of Meta Platforms Inc was $9.36 Billion in fiscal year 2018.
    • Average cost of revenue of Meta Platforms Inc was $17.34 Billion.


  • Explore additional financial metrics for Meta Platforms Inc.
  • Check out competitors to Meta Platforms Inc.


  • Definition of Cost Of Revenue :
    Cost of Revenue/Cost of Goods Sold refers to the total cost incurred by a business for manufacturing a product and delivering the finished goods, or rendering a service to the customers. For more details on cost of revenue, examples and formulas, refer to our glossary.
Meta Platforms Inc: Cost of Revenue
Meta Platforms Inc : Cost Of Revenue Details
2022

Meta Platforms Inc annual cost of revenue was $25.25 Billion in fiscal year 2022.
Meta Platforms Inc quarterly cost of revenue was $6.01 Billion (Mar) , $5.19 Billion (Jun) , $5.72 Billion (Sep) , and $8.34 Billion (Dec) in fiscal year 2022.

2021

Meta Platforms Inc annual cost of revenue was $22.65 Billion in fiscal year 2021.
Meta Platforms Inc quarterly cost of revenue was $5.13 Billion (Mar) , $5.40 Billion (Jun) , $5.77 Billion (Sep) , and $6.35 Billion (Dec) in fiscal year 2021.

2020

Meta Platforms Inc annual cost of revenue was $16.69 Billion in fiscal year 2020.
Meta Platforms Inc quarterly cost of revenue was $3.46 Billion (Mar) , $3.83 Billion (Jun) , $4.19 Billion (Sep) , and $5.21 Billion (Dec) in fiscal year 2020.

Meta Platforms Inc : Cost Of Revenue (year over year growth)
Meta Platforms Inc : Cost Of Revenue (Year Over Year Growth) Details
2022

Meta Platforms Inc annual cost of revenue Increased +11.48% during fiscal year 2022 compared to 2021.
This represents an Increased in cost of revenue of +$2.60 Billion from $25.25 Billion (in 2022) to $22.65 Billion (in 2021).

2021

Meta Platforms Inc annual cost of revenue Increased +35.69% during fiscal year 2021 compared to 2020.
This represents an Increased in cost of revenue of +$5.96 Billion from $22.65 Billion (in 2021) to $16.69 Billion (in 2020).

2020

Meta Platforms Inc annual cost of revenue Increased +30.71% during fiscal year 2020 compared to 2019.
This represents an Increased in cost of revenue of +$3.92 Billion from $16.69 Billion (in 2020) to $12.77 Billion (in 2019).

Meta Platforms Inc: Cost Of Revenue - Annual (Tabular)
Period Cost Of Revenue Y/Y Growth
2022 $25.25 Billion 11.48 %
2021 $22.65 Billion 35.69 %
2020 $16.69 Billion 30.71 %
Meta Platforms Inc : Cost Of Revenue - Quarterly (Tabular)
Period Cost Of Revenue Y/Y Growth
Mar 23 $6.11 Billion 1.72%
Dec 22 $8.34 Billion 31.32%
Sep 22 $5.72 Billion -0.95%
Jun 22 $5.19 Billion -3.83%
Mar 22 $6.01 Billion 17.03%
Dec 21 $6.35 Billion 21.84%
Sep 21 $5.77 Billion 37.60%
Jun 21 $5.40 Billion 41.00%
Mar 21 $5.13 Billion 48.34%
Dec 20 $5.21 Billion 49.20%
Sep 20 $4.19 Billion 32.93%
Jun 20 $3.83 Billion 15.78%
Mar 20 $3.46 Billion 22.83%
Dec 19 $3.49 Billion 24.89%
Sep 19 $3.16 Billion 30.48%
Jun 19 $3.31 Billion 49.37%
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