The Meta Story
3.2 billion daily users — and a $50B+ bet on the metaverse
Family Daily Active Users
Facebook, Instagram, WhatsApp, Messenger
Reality Labs Losses
The cost of building the metaverse
From social network to metaverse bet - and the Reels comeback
Meta makes $52/year from every person who uses their apps. In North America, it's $250+.
Social platforms — Facebook, Instagram, WhatsApp
Family of Apps prints money — 50%+ operating margins. Reality Labs loses $15B/year, but core advertising subsidizes the metaverse bet.
Profitability over time
Revenue breakdown by product segment
Annual revenue by segment
3.2 billion daily users — and a $50B+ bet on the metaverse
Facebook, Instagram, WhatsApp, Messenger
The cost of building the metaverse
Enjoyed the Meta Platforms, Inc. breakdown?
Get the next one in your inbox.
Meta Platforms, Inc. develops products that enable people to connect and share through mobile devices, personal computers, virtual reality headsets, and wearables.