Meta Platforms, Inc. (META)

Meta Platforms Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	178,804	164,501	134,902	116,609	117,929	85,965
Revenue Growth (YoY)	19.38%	21.94%	15.69%	-1.12%	37.18%	21.60%
Cost of Revenue	32,245	30,130	26,006	23,754	22,649	16,692
Gross Profit	146,559	134,371	108,896	92,855	95,280	69,273
Selling, General & Admin	20,812	22,533	22,979	25,681	23,872	18,155
Research & Development	48,196	43,619	36,911	33,619	24,655	18,447
Operating Expenses	69,008	66,152	59,890	59,300	48,527	36,602
Operating Income	77,551	68,219	49,006	33,555	46,753	32,671
Interest Expense	-941	-715	-446	-185	-23	-
Interest & Investment Income	2,531	2,517	1,639	461	484	672
Currency Exchange Gain (Loss)	53	-690	-366	-81	-140	-129
Other Non Operating Income (Expenses)	-23	213	-49	127	210	-34
EBT Excluding Unusual Items	79,171	69,544	49,784	33,877	47,284	33,180
Merger & Restructuring Charges	-389	-389	-2,255	-4,611	-	-
Gain (Loss) on Sale of Investments	-42	-42	-101	-447	-	-
Legal Settlements	1,550	1,550	-	-	-	-
Pretax Income	80,290	70,663	47,428	28,819	47,284	33,180
Income Tax Expense	8,783	8,303	8,330	5,619	7,914	4,034
Net Income	71,507	62,360	39,098	23,200	39,370	29,146
Net Income to Common	71,507	62,360	39,098	23,200	39,370	29,146
Net Income Growth	39.03%	59.50%	68.53%	-41.07%	35.08%	57.67%
Shares Outstanding (Basic)	2,525	2,534	2,574	2,687	2,815	2,851
Shares Outstanding (Diluted)	2,595	2,614	2,629	2,702	2,859	2,888
Shares Change (YoY)	-1.59%	-0.57%	-2.70%	-5.49%	-1.00%	0.42%
EPS (Basic)	28.32	24.61	15.19	8.63	13.99	10.22
EPS (Diluted)	27.57	23.86	14.87	8.59	13.77	10.09
EPS Growth	41.34%	60.46%	73.11%	-37.62%	36.47%	56.92%
Free Cash Flow	50,137	54,072	44,068	19,289	38,993	23,584
Free Cash Flow Per Share	19.32	20.69	16.76	7.14	13.64	8.17
Dividend Per Share	2.050	2.000	-	-	-	-
Gross Margin	81.97%	81.68%	80.72%	79.63%	80.79%	80.58%
Operating Margin	43.37%	41.47%	36.33%	28.78%	39.65%	38.01%
Profit Margin	39.99%	37.91%	28.98%	19.90%	33.38%	33.90%
Free Cash Flow Margin	28.04%	32.87%	32.67%	16.54%	33.06%	27.43%
EBITDA	94,280	83,717	60,184	42,241	54,720	39,533
EBITDA Margin	52.73%	50.89%	44.61%	36.22%	46.40%	45.99%
D&A For EBITDA	16,729	15,498	11,178	8,686	7,967	6,862
EBIT	77,551	68,219	49,006	33,555	46,753	32,671
EBIT Margin	43.37%	41.47%	36.33%	28.78%	39.65%	38.01%
Effective Tax Rate	10.94%	11.75%	17.56%	19.50%	16.74%	12.16%
Advertising Expenses	-	2,060	2,020	2,650	2,990	2,260

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q