Meta Platforms, Inc. (META)
NASDAQ: META · Real-Time Price · USD
567.58
-24.22 (-4.09%)
At close: Oct 31, 2024, 4:00 PM
568.00
+0.42 (0.07%)
After-hours: Oct 31, 2024, 7:25 PM EDT
Meta Platforms Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
Revenue | 156,227 | 134,902 | 116,609 | 117,929 | 85,965 | 70,697 | Upgrade
|
Revenue Growth (YoY) | 23.06% | 15.69% | -1.12% | 37.18% | 21.60% | 26.61% | Upgrade
|
Cost of Revenue | 29,064 | 26,006 | 23,754 | 22,649 | 16,692 | 12,770 | Upgrade
|
Gross Profit | 127,163 | 108,896 | 92,855 | 95,280 | 69,273 | 57,927 | Upgrade
|
Selling, General & Admin | 21,095 | 22,204 | 25,681 | 23,872 | 18,155 | 15,341 | Upgrade
|
Research & Development | 40,216 | 36,489 | 33,619 | 24,655 | 18,447 | 13,600 | Upgrade
|
Operating Expenses | 61,311 | 58,693 | 59,300 | 48,527 | 36,602 | 28,941 | Upgrade
|
Operating Income | 65,852 | 50,203 | 33,555 | 46,753 | 32,671 | 28,986 | Upgrade
|
Interest Expense | -446 | -446 | -185 | -23 | - | - | Upgrade
|
Interest & Investment Income | 2,480 | 1,639 | 461 | 484 | 672 | 904 | Upgrade
|
Currency Exchange Gain (Loss) | -366 | -366 | -81 | -140 | -129 | -105 | Upgrade
|
Other Non Operating Income (Expenses) | -49 | -49 | 127 | 210 | -34 | 27 | Upgrade
|
EBT Excluding Unusual Items | 67,471 | 50,981 | 33,877 | 47,284 | 33,180 | 29,812 | Upgrade
|
Merger & Restructuring Charges | -3,452 | -3,452 | -4,611 | - | - | - | Upgrade
|
Gain (Loss) on Sale of Investments | -101 | -101 | -447 | - | - | - | Upgrade
|
Legal Settlements | - | - | - | - | - | -5,000 | Upgrade
|
Pretax Income | 63,918 | 47,428 | 28,819 | 47,284 | 33,180 | 24,812 | Upgrade
|
Income Tax Expense | 8,379 | 8,330 | 5,619 | 7,914 | 4,034 | 6,327 | Upgrade
|
Net Income | 55,539 | 39,098 | 23,200 | 39,370 | 29,146 | 18,485 | Upgrade
|
Net Income to Common | 55,539 | 39,098 | 23,200 | 39,370 | 29,146 | 18,485 | Upgrade
|
Net Income Growth | 86.79% | 68.53% | -41.07% | 35.08% | 57.67% | -16.40% | Upgrade
|
Shares Outstanding (Basic) | 2,543 | 2,574 | 2,687 | 2,815 | 2,851 | 2,854 | Upgrade
|
Shares Outstanding (Diluted) | 2,623 | 2,629 | 2,702 | 2,859 | 2,888 | 2,876 | Upgrade
|
Shares Change (YoY) | -0.10% | -2.70% | -5.49% | -1.00% | 0.42% | -1.54% | Upgrade
|
EPS (Basic) | 21.84 | 15.19 | 8.63 | 13.99 | 10.22 | 6.48 | Upgrade
|
EPS (Diluted) | 21.18 | 14.87 | 8.59 | 13.77 | 10.09 | 6.43 | Upgrade
|
EPS Growth | 86.86% | 73.11% | -37.62% | 36.47% | 56.92% | -15.06% | Upgrade
|
Free Cash Flow | 52,100 | 43,847 | 19,044 | 38,993 | 23,584 | 21,212 | Upgrade
|
Free Cash Flow Per Share | 19.86 | 16.68 | 7.05 | 13.64 | 8.17 | 7.38 | Upgrade
|
Gross Margin | 81.40% | 80.72% | 79.63% | 80.79% | 80.58% | 81.94% | Upgrade
|
Operating Margin | 42.15% | 37.21% | 28.78% | 39.65% | 38.01% | 41.00% | Upgrade
|
Profit Margin | 35.55% | 28.98% | 19.90% | 33.38% | 33.90% | 26.15% | Upgrade
|
Free Cash Flow Margin | 33.35% | 32.50% | 16.33% | 33.06% | 27.43% | 30.00% | Upgrade
|
EBITDA | 80,062 | 61,381 | 42,241 | 54,720 | 39,533 | 34,727 | Upgrade
|
EBITDA Margin | 51.25% | 45.50% | 36.22% | 46.40% | 45.99% | 49.12% | Upgrade
|
D&A For EBITDA | 14,210 | 11,178 | 8,686 | 7,967 | 6,862 | 5,741 | Upgrade
|
EBIT | 65,852 | 50,203 | 33,555 | 46,753 | 32,671 | 28,986 | Upgrade
|
EBIT Margin | 42.15% | 37.21% | 28.78% | 39.65% | 38.01% | 41.00% | Upgrade
|
Effective Tax Rate | 13.11% | 17.56% | 19.50% | 16.74% | 12.16% | 25.50% | Upgrade
|
Advertising Expenses | - | 2,020 | 2,650 | 2,990 | 2,260 | 1,570 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.