Meta Earnings Presentation Q3 2023 slide image

Meta Earnings Presentation Q3 2023

Family Monthly Active People (MAP) In Billions 3.96 3.88 3.81 3.58 3.59 3.64 3.65 3.71 3.74 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 III Q4'22 Q1'23 Q2'23 Q3'23 Meta We define a monthly active person (MAP) as a registered and logged-in user of one or more Family products who visited at least one of these Family products through a mobile device application or using a web or mobile browser in the last 30 days as of the date of measurement. The numbers for MAP do not include users on our other products unless they would otherwise qualify as MAP based on their other activities on our Family products. We do not require people to use a common identifier or link their accounts to use multiple products in our Family, and therefore must seek to attribute multiple user accounts within and across products to individual people. Our calculations of MAP rely upon complex techniques, algorithms, and machine learning models that seek to estimate the underlying number of unique people using one or more of these products, including by matching user accounts within an individual product and across multiple products when we believe they are attributable to a single person, and counting such group of accounts as one person. As these techniques and models require significant judgment, are developed based on internal reviews of limited samples of user accounts, and are calibrated against user survey data, there is necessarily some margin of error in our estimates. We view MAP as a measure of the size of our global active community of people using our products. For additional information, see "Limitations of Key Metrics and Other Data" located in the Appendix of this presentation. In the third quarter of 2022, we updated our Family metrics calculations to maintain calibration of our models against recent user survey data, and we estimate such update contributed an aggregate of approximately 40 million MAP to our reported worldwide MAP in September 2022. 11 11
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