META · Business overview

Meta Platforms.

Social apps, advertising and Reality Labs.

What does the business do?

Meta Platforms operates social and messaging services including Facebook, Instagram, WhatsApp, Messenger and Threads. It earns most of its revenue by selling advertising that helps businesses reach people using its apps. Its Reality Labs business develops virtual and augmented reality products, alongside the infrastructure and product development that support the wider group.

What to look at next

The detailed profile connects the business explanation with historical financial observations and their definitions.

  • Business model: Social apps, advertising and Reality Labs.
  • Measures to understand: Audience measures, monetisation and segment earnings.
  • Important distinctions: Capital spending, competition and separate business economics.

Read each observation with its reporting period, currency, accounting basis and source. Historical results describe what happened; they do not establish future outcomes.

Source references

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