Despite Tumultuous 2021, Meta Posts Revenue Gains of 20% for Q4, 37% for Full Year

The company broke out financial results by Family of Apps, Reality Labs for the first time

Get the scoop from strategic media pros at Disney, YouTube and more just in time for upfront season at Convergent TV, March 21–22. Learn more.

In a year that could not have been less ordinary for Meta Holdings, continued strong financial momentum was the one hint of normalcy.

The company posted revenue of $33.671 billion in the fourth quarter of 2021, up 20% from the same quarter in 2020, and revenue for the full year of $117.929 billion was up 37% compared with 2020.

Net income slipped 8% year over year in the fourth quarter, to $10.285 billion, as Meta began investing in hiring and technology to fulfill its mission of helping to build out the metaverse.



Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in