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by mulmen
695 days ago
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> Unless I've missed it somewhere, they don't explicitly state exactly how much profit they made last year. They state this in their financial reports and it is readily available on financial news websites. I’m not sure how you found revenue without also finding net income (aka profit). Type “meta profit” into a search engine and click the first result. This immediately gave me the answer in Bing, DuckDuckGo, Google, Kagi, and Yahoo. |
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Google takes me here (https://economictimes.indiatimes.com/tech/technology/meta-po...) where it's the same story
You mentioned Kagi, so I thought I'd try asking kagi's AI search: "how much did Meta make in profits last year"
That gave me:
According to the available information:
In 2023, Meta Platforms reported annual revenue of $134.902 billion, which was a 15.69% increase from 2022.12 However, the information does not explicitly state Meta's profit for 2023.
The closest relevant information is that in 2022, Meta's total operating profit declined from $46.8 billion in 2021 to $28.9 billion.3 Additionally, in Q4 2023, Meta reported revenue of $40.11 billion, which was a 25% year-over-year increase.4
So while we don't have the exact profit figure for 2023, the available data suggests Meta's profits were likely substantial, though potentially lower than the previous year's $46.8 billion.3