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> Assuming 1/3 of their business is in the US Americans often massively underestimate the size and importance of the US. Meta derives ~80% of its revenue from
by qeternity 2y ago
> Assuming 1/3 of their business is in the US
Americans often massively underestimate the size and importance of the US.
Meta derives ~80% of its revenue from the US and Canada.
- xlii 2y agoBased on their reports it’s approx. 42%. Do you have other sources? https://s21.q4cdn.com/399680738/files/doc_financials/2024/q1/Earnings-Presentation-Q1-2024.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2024/q1...
- samspenc 2y agoYeah I was also going by their quarterly earnings reports since they're a public company. Though that only breaks down the revenue by continent, but was using it to approximate US revenue at 30% of worldwide.