Meta Platforms, Inc. (META)
NASDAQ: META · Real-Time Price · USD
589.34
-2.36 (-0.40%)
At close: Nov 8, 2024, 4:00 PM
588.16
-1.18 (-0.20%)
After-hours: Nov 8, 2024, 7:57 PM EST

Meta Platforms Income Statement

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 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 2018 - 2014
Revenue
156,227134,902116,609117,92985,96570,697
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Revenue Growth (YoY)
23.06%15.69%-1.12%37.18%21.60%26.61%
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Cost of Revenue
28,90026,00623,75422,64916,69212,770
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Gross Profit
127,327108,89692,85595,28069,27357,927
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Selling, General & Admin
21,44122,20425,68123,87218,15515,341
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Research & Development
40,88736,48933,61924,65518,44713,600
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Operating Expenses
62,32858,69359,30048,52736,60228,941
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Operating Income
64,99950,20333,55546,75332,67128,986
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Interest Expense
-600-446-185-23--
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Interest & Investment Income
2,3741,639461484672904
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Currency Exchange Gain (Loss)
-366-366-81-140-129-105
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Other Non Operating Income (Expenses)
211-49127210-3427
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EBT Excluding Unusual Items
66,61850,98133,87747,28433,18029,812
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Merger & Restructuring Charges
-2,599-3,452-4,611---
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Gain (Loss) on Sale of Investments
-101-101-447---
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Legal Settlements
------5,000
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Pretax Income
63,91847,42828,81947,28433,18024,812
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Income Tax Expense
8,3798,3305,6197,9144,0346,327
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Net Income
55,53939,09823,20039,37029,14618,485
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Net Income to Common
55,53939,09823,20039,37029,14618,485
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Net Income Growth
86.79%68.53%-41.07%35.08%57.67%-16.40%
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Shares Outstanding (Basic)
2,5432,5742,6872,8152,8512,854
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Shares Outstanding (Diluted)
2,6232,6292,7022,8592,8882,876
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Shares Change (YoY)
-0.29%-2.70%-5.49%-1.00%0.42%-1.54%
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EPS (Basic)
21.8415.198.6313.9910.226.48
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EPS (Diluted)
21.1814.878.5913.7710.096.43
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EPS Growth
87.26%73.11%-37.62%36.47%56.92%-15.06%
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Free Cash Flow
52,10043,84719,04438,99323,58421,212
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Free Cash Flow Per Share
19.8616.687.0513.648.177.38
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Gross Margin
81.50%80.72%79.63%80.79%80.58%81.94%
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Operating Margin
41.61%37.21%28.78%39.65%38.01%41.00%
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Profit Margin
35.55%28.98%19.90%33.38%33.90%26.15%
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Free Cash Flow Margin
33.35%32.50%16.33%33.06%27.43%30.00%
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EBITDA
79,20961,38142,24154,72039,53334,727
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EBITDA Margin
50.70%45.50%36.22%46.40%45.99%49.12%
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D&A For EBITDA
14,21011,1788,6867,9676,8625,741
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EBIT
64,99950,20333,55546,75332,67128,986
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EBIT Margin
41.61%37.21%28.78%39.65%38.01%41.00%
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Effective Tax Rate
13.11%17.56%19.50%16.74%12.16%25.50%
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Advertising Expenses
-2,0202,6502,9902,2601,570
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Source: S&P Capital IQ. Standard template. Financial Sources.