META
Income statement / Annual
Last year (2023), Meta Platforms, Inc.'s total revenue was $134.90 B,
an increase of 15.69% from the previous year.
In 2023, Meta Platforms, Inc.'s net income was $39.10 B.
See Meta Platforms, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$134.90 B
|
$116.61 B
|
$117.93 B
|
$85.97 B
|
$70.70 B
|
$55.84 B
|
$40.65 B
|
$27.64 B
|
$17.93 B
|
$12.47 B
|
| Cost of Revenue |
$25.96 B |
$25.25 B |
$22.65 B |
$16.69 B |
$12.77 B |
$9.36 B |
$5.45 B |
$3.79 B |
$2.87 B |
$2.15 B |
| Gross Profit |
$108.94 B |
$91.36 B |
$95.28 B |
$69.27 B |
$57.93 B |
$46.48 B |
$35.20 B |
$23.85 B |
$15.06 B |
$10.31 B |
| Gross Profit Ratio |
0.81 |
0.78 |
0.81 |
0.81 |
0.82 |
0.83 |
0.87 |
0.86 |
0.84 |
0.83 |
| Research and Development
Expenses |
$38.48 B
|
$35.34 B
|
$24.66 B
|
$18.45 B
|
$13.60 B
|
$10.27 B
|
$7.75 B
|
$5.92 B
|
$4.82 B
|
$2.67 B
|
| General & Administrative
Expenses |
$11.41 B
|
$11.82 B
|
$9.83 B
|
$6.56 B
|
$10.47 B
|
$3.45 B
|
$2.52 B
|
$1.73 B
|
$1.30 B
|
$973.00 M
|
| Selling & Marketing
Expenses |
$12.30 B
|
$15.26 B
|
$14.04 B
|
$11.59 B
|
$9.88 B
|
$7.85 B
|
$4.73 B
|
$3.77 B
|
$2.73 B
|
$1.68 B
|
| Selling, General &
Administrative Expenses |
$23.71 B
|
$27.08 B
|
$23.87 B
|
$18.16 B
|
$20.34 B
|
$11.30 B
|
$7.24 B
|
$5.50 B
|
$4.02 B
|
$2.65 B
|
| Other Expenses |
$0.00 |
-$320.00 M |
$210.00 M |
-$34.00 M |
$27.00 M |
$9.00 M |
$5.00 M |
$1.00 M |
$6.00 M |
-$1.00 M |
| Operating Expenses |
$62.19 B |
$62.42 B |
$48.53 B |
$36.60 B |
$33.94 B |
$21.57 B |
$15.00 B |
$11.42 B |
$8.84 B |
$5.32 B |
| Cost And Expenses |
$88.15 B |
$87.67 B |
$71.18 B |
$53.29 B |
$46.71 B |
$30.93 B |
$20.45 B |
$15.21 B |
$11.70 B |
$7.47 B |
| Interest Income |
$1.64 B |
$276.00 M |
$531.00 M |
$509.00 M |
$924.00 M |
$661.00 M |
$398.00 M |
$176.00 M |
$52.00 M |
$27.00 M |
| Interest Expense |
$446.00 M |
$276.00 M |
$461.00 M |
$672.00 M |
$20.00 M |
$9.00 M |
$6.00 M |
$10.00 M |
$23.00 M |
$23.00 M |
| Depreciation &
Amortization |
$11.18 B
|
$8.69 B
|
$7.97 B
|
$6.86 B
|
$5.74 B
|
$4.32 B
|
$3.03 B
|
$2.34 B
|
$1.95 B
|
$1.24 B
|
| EBITDA |
$61.38 B
|
$42.24 B
|
$54.72 B
|
$39.53 B
|
$34.73 B
|
$29.23 B
|
$23.23 B
|
$14.77 B
|
$8.17 B
|
$6.24 B
|
| EBITDA Ratio |
0.46 |
0.36 |
0.46 |
0.46 |
0.49 |
0.52 |
0.57 |
0.53 |
0.46 |
0.5 |
| Operating Income Ratio
|
0.35
|
0.29
|
0.4
|
0.38
|
0.41
|
0.45
|
0.5
|
0.45
|
0.35
|
0.4
|
| Total Other
Income/Expenses Net |
$677.00 M
|
-$125.00 M
|
$531.00 M
|
$509.00 M
|
$826.00 M
|
$448.00 M
|
$391.00 M
|
$91.00 M
|
-$31.00 M
|
-$84.00 M
|
| Income Before Tax |
$47.43 B |
$28.82 B |
$47.28 B |
$33.18 B |
$24.81 B |
$25.36 B |
$20.59 B |
$12.52 B |
$6.19 B |
$4.91 B |
| Income Before Tax Ratio
|
0.35
|
0.25
|
0.4
|
0.39
|
0.35
|
0.45
|
0.51
|
0.45
|
0.35
|
0.39
|
| Income Tax Expense |
$8.33 B |
$5.62 B |
$7.91 B |
$4.03 B |
$6.33 B |
$3.25 B |
$4.66 B |
$2.30 B |
$2.51 B |
$1.97 B |
| Net Income |
$39.10 B |
$23.20 B |
$39.37 B |
$29.15 B |
$18.49 B |
$22.11 B |
$15.92 B |
$10.19 B |
$3.67 B |
$2.93 B |
| Net Income Ratio |
0.29 |
0.2 |
0.33 |
0.34 |
0.26 |
0.4 |
0.39 |
0.37 |
0.21 |
0.24 |
| EPS |
15.19 |
8.63 |
13.99 |
10.22 |
6.48 |
7.65 |
5.49 |
3.56 |
1.31 |
1.12 |
| EPS Diluted |
14.87 |
8.59 |
13.77 |
10.09 |
6.43 |
7.57 |
5.39 |
3.49 |
1.29 |
1.1 |
| Weighted Average Shares
Out |
$2.57 B
|
$2.69 B
|
$2.82 B
|
$2.85 B
|
$2.85 B
|
$2.89 B
|
$2.95 B
|
$2.92 B
|
$2.84 B
|
$2.65 B
|
| Weighted Average Shares
Out Diluted |
$2.63 B
|
$2.70 B
|
$2.86 B
|
$2.89 B
|
$2.88 B
|
$2.92 B
|
$2.96 B
|
$2.93 B
|
$2.85 B
|
$2.66 B
|
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