Meta Platforms Soars to Record $165 Billion Revenue and $62 Billion Net Income in 2024

In 2024, Meta Platforms (Facebook) achieved a record $164.5 billion in revenue, up 21.9% year-over-year, while net income surged 59.5% to $62.4 billion, lifting its net profit margin to 37.9%. Over the past decade (2014–2024), Meta sustained robust growth, with a revenue CAGR of 29.4% and a net income CAGR of 35.7%, underscoring its long-term financial expansion.