Meta Platforms, Inc. (TSX:META)

Meta Platforms Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	200,966	164,501	134,902	116,609	117,929
Revenue Growth (YoY)	22.17%	21.94%	15.69%	-1.12%	37.18%
Cost of Revenue	36,175	30,130	26,006	23,754	22,649
Gross Profit	164,791	134,371	108,896	92,855	95,280
Selling, General & Admin	24,143	22,533	22,979	25,681	23,872
Research & Development	57,372	43,619	36,911	33,619	24,655
Operating Expenses	81,515	66,152	59,890	59,300	48,527
Operating Income	83,276	68,219	49,006	33,555	46,753
Interest Expense	-	-715	-446	-185	-23
Interest & Investment Income	2,656	2,517	1,639	461	484
Currency Exchange Gain (Loss)	-	-690	-366	-81	-140
Other Non Operating Income (Expenses)	-	213	-49	127	210
EBT Excluding Unusual Items	85,932	69,544	49,784	33,877	47,284
Merger & Restructuring Charges	-	-389	-2,255	-4,611	-
Gain (Loss) on Sale of Investments	-	-42	-101	-447	-
Legal Settlements	-	1,550	-	-	-
Pretax Income	85,932	70,663	47,428	28,819	47,284
Income Tax Expense	25,474	8,303	8,330	5,619	7,914
Net Income	60,458	62,360	39,098	23,200	39,370
Net Income to Common	60,458	62,360	39,098	23,200	39,370
Net Income Growth	-3.05%	59.50%	68.53%	-41.07%	35.08%
Shares Outstanding (Basic)	2,521	2,534	2,574	2,687	2,815
Shares Outstanding (Diluted)	2,574	2,614	2,629	2,702	2,859
Shares Change (YoY)	-1.53%	-0.57%	-2.70%	-5.49%	-1.00%
EPS (Basic)	23.98	24.61	15.19	8.63	13.99
EPS (Diluted)	23.49	23.86	14.87	8.59	13.77
EPS Growth	-1.55%	60.46%	73.11%	-37.62%	36.47%
Free Cash Flow	46,109	54,072	44,068	19,289	38,993
Free Cash Flow Per Share	17.91	20.69	16.76	7.14	13.64
Dividend Per Share	-	2.000	-	-	-
Gross Margin	82.00%	81.68%	80.72%	79.63%	80.79%
Operating Margin	41.44%	41.47%	36.33%	28.78%	39.65%
Profit Margin	30.08%	37.91%	28.98%	19.90%	33.38%
Free Cash Flow Margin	22.94%	32.87%	32.67%	16.54%	33.06%
EBITDA	101,892	83,717	60,184	42,241	54,720
EBITDA Margin	50.70%	50.89%	44.61%	36.22%	46.40%
D&A For EBITDA	18,616	15,498	11,178	8,686	7,967
EBIT	83,276	68,219	49,006	33,555	46,753
EBIT Margin	41.44%	41.47%	36.33%	28.78%	39.65%
Effective Tax Rate	29.64%	11.75%	17.56%	19.50%	16.74%
Advertising Expenses	-	2,060	2,020	2,650	2,990

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.