Meta Platforms | 8-K: Meta Reports Fourth Quarter and Full Year 2024 Results

Meta Platforms delivered robust Q4 2024 financial results with revenue reaching $48.39 billion, up 21% YoY, while net income soared 49% to $20.84 billion. Operating margin improved to 48% from 41% in the year-ago quarter. The company's daily active people across its family of apps grew 5% YoY to 3.35 billion in December 2024.For the full year 2024, Meta achieved revenue of $164.50 billion, up 22% YoY, with net income surging 59% to $62.36 billion. Ad impressions increased 11% YoY, while average price per ad rose 10%. The company maintained strong liquidity with $77.81 billion in cash and marketable securities at year-end.Looking ahead to Q1 2025, Meta expects revenue between $39.5-41.8 billion, representing 8-15% YoY growth. The company projects full-year 2025 expenses of $114-119 billion and capital expenditures of $60-65 billion, with increased investment in infrastructure, generative AI, and core business development.

Meta Platforms delivered robust Q4 2024 financial results with revenue reaching $48.39 billion, up 21% YoY, while net income soared 49% to $20.84 billion. Operating margin improved to 48% from 41% in the year-ago quarter. The company's daily active people across its family of apps grew 5% YoY to 3.35 billion in December 2024.For the full year 2024, Meta achieved revenue of $164.50 billion, up 22% YoY, with net income surging 59% to $62.36 billion. Ad impressions increased 11% YoY, while average price per ad rose 10%. The company maintained strong liquidity with $77.81 billion in cash and marketable securities at year-end.Looking ahead to Q1 2025, Meta expects revenue between $39.5-41.8 billion, representing 8-15% YoY growth. The company projects full-year 2025 expenses of $114-119 billion and capital expenditures of $60-65 billion, with increased investment in infrastructure, generative AI, and core business development.