Facebook Reports 6.6% Revenue Growth in Q1 2021

Technology & Telecommunications

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Cindy Mutia Annur 27/05/2022 11:06 WIB

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Facebook reported company revenue of US$27.90 billion in Q1 2022. This represents a 6.61% increase compared to the previous year.

Facebook Revenue per Quarter I (2018-2022)

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Facebook Revenue per Quarter I (2018-2022)

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Facebook reported first-quarter 2022 revenue of US$27.90 billion, or approximately Rp 408.80 trillion (using an exchange rate of US$1 = Rp 14,581). This represents a 6.61% year-on-year (YoY) increase.

The largest portion of Facebook's revenue in the first three months of the year came from the United States and Canada, totaling US$12.67 billion.

Revenue from Europe amounted to US$6.48 billion, followed by Asia-Pacific at US$5.75 billion and other regions at US$2.99 billion.

Advertising revenue was the biggest contributor to Facebook's income, reaching US$26.99 billion, a 6.13% YoY growth.

Other advertising revenue amounted to US$215 million, while Reality Labs revenue reached Rp 695 million.

Facebook's average daily active users (DAU) reached 1.96 billion in Q1 2022, a 4.81% YoY increase. Meanwhile, monthly active users (MAU) reached 2.93 billion as of March 31, 2022, representing a 2.80% YoY increase.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."