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Investor Presentaiton

Segment Results In Millions Meta Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Advertising $ 32,639 $ 26,998 $ 28,152 $ 27,237 $ 31,254 $ 28,101 $ 31,498 $ 33,643 $ 38,706 Other 155 215 218 192 184 205 225 293 334 Family of Apps 32,794 27,213 28,370 Revenue 27,429 31,438 28,306 31,723 33,936 39,040 Reality Labs Revenue 877 695 452 285 727 339 276 210 1,071 Total Revenue $ 33,671 $ 27,908 $ 28,822 $ 27,714 $ 32,165 $ 28,645 $ 31,999 $ 34,146 $ 40,111 Family of Apps Operating Income $ 15,889 $ 11,484 $ 11,164 $ 9,336 $ 10,678 $ 11,219 $ 13,131 $ 17,490 $ 21,030 Reality Labs Operating (Loss) (3,304) (2,960) (2,806) (3,672) (4,279) (3,992) (3,739) (3,742) (4,646) Total Income from $ Operations 12,585 $ 8,524 $ 8,358 $ 5,664 $ 6,399 $ 7,227 $ 9,392 $ 13,748 $ 16,384 Operating Margin 37% 31% 29% 20% 20% 25% 29% 40% 41% We report our financial results based on two reportable segments: Family of Apps (FOA) and Reality Labs (RL). FoA includes Facebook, Instagram, Messenger, WhatsApp, and other services. RL includes augmented, mixed, and virtual reality related consumer hardware, software, and content. 4
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