Meta Platforms Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	241,605	200,966	164,501	134,902	116,609	117,929
Revenue Growth	27.52%	22.17%	21.94%	15.69%	-1.12%	37.18%
Cost of Revenue	45,823	36,175	30,161	25,959	23,754	22,649
Gross Profit	195,782	164,791	134,340	108,943	92,855	95,280
Selling, General & Admin	27,968	24,143	21,087	23,709	25,681	23,872
Research & Development	76,544	57,372	43,873	38,483	33,619	24,655
Operating Expenses	104,512	81,515	64,960	62,192	59,300	48,527
Operating Income	91,270	83,276	69,380	46,751	33,555	46,753
Interest Expense	-2,778	-1,165	-715	-446	-185	-23
Interest & Investment Income	3,163	2,123	2,517	1,639	461	484
Currency Exchange Gain (Loss)	-581	352	-690	-366	-81	-140
Other Non Operating Income (Expenses)	1,769	208	118	-48	127	210
EBT Excluding Unusual Items	92,843	84,794	70,610	47,530	33,877	47,284
Merger & Restructuring Charges	-	-	-	-	-4,611	-
Gain (Loss) on Sale of Investments	-2,090	1,138	53	-102	-447	-
Legal Settlements	-11,890	-	-	-	-	-
Pretax Income	78,863	85,932	70,663	47,428	28,819	47,284
Income Tax Expense	3,614	25,474	8,303	8,330	5,619	7,914
Net Income	75,249	60,458	62,360	39,098	23,200	39,370
Net Income to Common	75,249	60,458	62,360	39,098	23,200	39,370
Net Income Growth	28.57%	-3.05%	59.50%	68.53%	-41.07%	35.08%
Shares Outstanding (Basic)	2,538	2,521	2,534	2,574	2,687	2,815
Shares Outstanding (Diluted)	2,567	2,574	2,614	2,629	2,702	2,859
Shares Change	-0.76%	-1.53%	-0.57%	-2.70%	-5.49%	-1.00%
EPS (Basic)	29.65	23.98	24.61	15.19	8.63	13.99
EPS (Diluted)	29.33	23.49	23.86	14.87	8.59	13.77
EPS Growth	29.57%	-1.55%	60.46%	73.11%	-37.62%	36.47%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	28,649	46,109	54,072	44,068	19,289	38,993
Free Cash Flow Per Share	11.16	17.91	20.69	16.76	7.14	13.64
Dividend Per Share	2.100	2.100	2.000	-	-	-
Dividend Growth	1.21%	5.00%	-	-	-	-
Gross Margin	81.03%	82.00%	81.66%	80.76%	79.63%	80.79%
Operating Margin	37.78%	41.44%	42.18%	34.66%	28.78%	39.65%
Profit Margin	31.14%	30.08%	37.91%	28.98%	19.90%	33.38%
Free Cash Flow Margin	11.86%	22.94%	32.87%	32.67%	16.54%	33.06%
EBITDA	116,190	101,892	84,820	57,929	42,241	54,720
EBITDA Margin	48.09%	50.70%	51.56%	42.94%	36.22%	46.40%
D&A For EBITDA	24,920	18,616	15,440	11,178	8,686	7,967
EBIT	91,270	83,276	69,380	46,751	33,555	46,753
EBIT Margin	37.78%	41.44%	42.18%	34.66%	28.78%	39.65%
Effective Tax Rate	4.58%	29.64%	11.75%	17.56%	19.50%	16.74%
Advertising Expenses	-	2,090	2,060	2,020	2,650	2,990