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.
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