Meta Platforms Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	+20 Quarters
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021	Mar '21 Mar 31, 2021	Dec '20 Dec 31, 2020	Sep '20 Sep 30, 2020	+20 Quarters
Revenue	47,516	42,314	48,385	40,589	39,071	36,455	40,111	34,146	31,999	28,645	32,165	27,714	28,822	27,908	33,671	29,010	29,077	26,171	28,072	21,470	Upgrade
Revenue Growth (YoY)	21.61%	16.07%	20.63%	18.87%	22.10%	27.27%	24.70%	23.21%	11.02%	2.64%	-4.47%	-4.47%	-0.88%	6.64%	19.95%	35.12%	55.60%	47.55%	33.16%	21.63%	Upgrade
Cost of Revenue	8,491	7,572	8,832	7,374	7,308	6,640	7,602	6,197	5,987	6,218	6,841	5,716	5,192	6,005	6,348	5,771	5,399	5,131	5,210	4,194	Upgrade
Gross Profit	39,025	34,742	39,553	33,215	31,763	29,815	32,509	27,949	26,012	22,427	25,324	21,998	23,630	21,903	27,323	23,239	23,678	21,040	22,862	17,276	Upgrade
Selling, General & Admin	5,642	5,037	5,528	4,685	6,379	6,019	5,211	4,846	7,244	5,678	6,262	7,164	6,582	5,672	7,692	6,500	5,215	4,465	4,880	4,473	Upgrade
Research & Development	12,942	12,150	12,117	11,172	10,537	9,978	9,807	9,011	9,192	8,901	8,052	9,170	8,690	7,707	7,046	6,316	6,096	5,197	5,207	4,763	Upgrade
Operating Expenses	18,584	17,187	17,645	15,857	16,916	15,997	15,018	13,857	16,436	14,579	14,314	16,334	15,272	13,379	14,738	12,816	11,311	9,662	10,087	9,236	Upgrade
Operating Income	20,441	17,555	21,908	17,358	14,847	13,818	17,491	14,092	9,576	7,848	11,010	5,664	8,358	8,524	12,585	10,423	12,367	11,378	12,775	8,040	Upgrade
Interest Expense	-241	-240	-251	-208	-128	-127	-136	-139	-116	-55	-110	-65	-5	-5	-	-	-	-	-	-	Upgrade
Interest & Investment Income	481	658	731	661	540	585	588	534	323	193	142	142	96	81	102	120	121	118	136	146	Upgrade
Currency Exchange Gain (Loss)	196	232	-385	11	-168	-148	-61	-98	-145	-63	57	-131	-60	54	1	-48	-	-93	132	-38	Upgrade
Other Non Operating Income (Expenses)	-343	177	135	8	15	55	133	-25	-161	5	108	-34	-203	254	15	70	25	100	12	-15	Upgrade
EBT Excluding Unusual Items	20,534	18,382	22,138	17,830	15,106	14,183	18,015	14,364	9,477	7,928	11,207	5,576	8,186	8,908	12,703	10,565	12,513	11,503	13,055	8,133	Upgrade
Merger & Restructuring Charges	-	-	-94	-8	-	-	-1,107	-344	-184	-621	-4,611	-	-	-	-	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-42	-	-	-	-101	-	-	-	-447	-	-	-	-	-	-	-	-	-	Upgrade
Legal Settlements	-	-	1,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Pretax Income	20,534	18,382	23,552	17,822	15,106	14,183	16,807	14,020	9,293	7,307	6,149	5,576	8,186	8,908	12,703	10,565	12,513	11,503	13,055	8,133	Upgrade
Income Tax Expense	2,197	1,738	2,714	2,134	1,641	1,814	2,790	2,437	1,505	1,598	1,496	1,181	1,499	1,443	2,418	1,371	2,119	2,006	1,836	287	Upgrade
Net Income	18,337	16,644	20,838	15,688	13,465	12,369	14,017	11,583	7,788	5,709	4,653	4,395	6,687	7,465	10,285	9,194	10,394	9,497	11,219	7,846	Upgrade
Net Income to Common	18,337	16,644	20,838	15,688	13,465	12,369	14,017	11,583	7,788	5,709	4,653	4,395	6,687	7,465	10,285	9,194	10,394	9,497	11,219	7,846	Upgrade
Net Income Growth	36.18%	34.56%	48.66%	35.44%	72.89%	116.66%	201.25%	163.55%	16.46%	-23.52%	-54.76%	-52.20%	-35.66%	-21.40%	-8.33%	17.18%	100.73%	93.74%	52.66%	28.81%	Upgrade
Shares Outstanding (Basic)	2,518	2,527	2,529	2,529	2,534	2,545	2,565	2,576	2,568	2,587	2,638	2,682	2,704	2,725	2,765	2,814	2,834	2,847	2,850	2,850	Upgrade
Shares Outstanding (Diluted)	2,570	2,590	2,599	2,600	2,610	2,625	2,647	2,641	2,612	2,596	2,640	2,687	2,713	2,742	2,799	2,859	2,877	2,882	2,890	2,891	Upgrade
Shares Change (YoY)	-1.53%	-1.33%	-1.81%	-1.55%	-0.08%	1.12%	0.27%	-1.71%	-3.72%	-5.33%	-5.68%	-6.02%	-5.70%	-4.86%	-3.15%	-1.11%	-0.07%	0.49%	0.66%	0.59%	Upgrade
EPS (Basic)	7.28	6.59	8.24	6.20	5.31	4.86	5.46	4.50	3.03	2.21	1.76	1.64	2.47	2.74	3.72	3.27	3.67	3.34	3.94	2.75	Upgrade
EPS (Diluted)	7.14	6.43	8.02	6.03	5.16	4.71	5.30	4.39	2.98	2.20	1.76	1.64	2.46	2.72	3.68	3.22	3.61	3.30	3.88	2.71	Upgrade
EPS Growth	38.37%	36.52%	51.45%	37.36%	73.15%	114.09%	200.23%	167.89%	21.14%	-19.12%	-52.03%	-49.11%	-31.86%	-17.58%	-5.18%	18.82%	100.56%	92.98%	51.14%	27.83%	Upgrade
Free Cash Flow	9,023	11,085	13,563	16,466	11,197	12,846	11,812	13,906	11,175	7,175	5,468	317	4,624	8,635	12,704	9,744	8,606	7,939	9,427	6,140	Upgrade
Free Cash Flow Per Share	3.51	4.28	5.22	6.33	4.29	4.89	4.46	5.26	4.28	2.76	2.07	0.12	1.70	3.15	4.54	3.41	2.99	2.75	3.26	2.12	Upgrade
Dividend Per Share	0.525	0.525	0.500	0.500	0.500	0.500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Dividend Growth	5.00%	5.00%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Gross Margin	82.13%	82.10%	81.75%	81.83%	81.30%	81.79%	81.05%	81.85%	81.29%	78.29%	78.73%	79.38%	81.99%	78.48%	81.15%	80.11%	81.43%	80.39%	81.44%	80.47%	Upgrade
Operating Margin	43.02%	41.49%	45.28%	42.77%	38.00%	37.90%	43.61%	41.27%	29.93%	27.40%	34.23%	20.44%	29.00%	30.54%	37.38%	35.93%	42.53%	43.48%	45.51%	37.45%	Upgrade
Profit Margin	38.59%	39.33%	43.07%	38.65%	34.46%	33.93%	34.95%	33.92%	24.34%	19.93%	14.47%	15.86%	23.20%	26.75%	30.55%	31.69%	35.75%	36.29%	39.97%	36.54%	Upgrade
Free Cash Flow Margin	18.99%	26.20%	28.03%	40.57%	28.66%	35.24%	29.45%	40.73%	34.92%	25.05%	17.00%	1.14%	16.04%	30.94%	37.73%	33.59%	29.60%	30.34%	33.58%	28.60%	Upgrade
EBITDA	24,783	21,455	26,368	21,385	18,484	17,192	20,663	16,951	12,199	10,372	13,386	7,839	10,337	10,680	14,599	12,418	14,353	13,350	14,638	9,738	Upgrade
EBITDA Margin	52.16%	50.70%	54.50%	52.69%	47.31%	47.16%	51.52%	49.64%	38.12%	36.21%	41.62%	28.29%	35.87%	38.27%	43.36%	42.81%	49.36%	51.01%	52.14%	45.36%	Upgrade
D&A For EBITDA	4,342	3,900	4,460	4,027	3,637	3,374	3,172	2,859	2,623	2,524	2,376	2,175	1,979	2,156	2,014	1,995	1,986	1,972	1,863	1,698	Upgrade
EBIT	20,441	17,555	21,908	17,358	14,847	13,818	17,491	14,092	9,576	7,848	11,010	5,664	8,358	8,524	12,585	10,423	12,367	11,378	12,775	8,040	Upgrade
EBIT Margin	43.02%	41.49%	45.28%	42.77%	38.00%	37.90%	43.61%	41.27%	29.93%	27.40%	34.23%	20.44%	29.00%	30.54%	37.38%	35.93%	42.53%	43.48%	45.51%	37.45%	Upgrade
Effective Tax Rate	10.70%	9.46%	11.52%	11.97%	10.86%	12.79%	16.60%	17.38%	16.20%	21.87%	24.33%	21.18%	18.31%	16.20%	19.04%	12.98%	16.93%	17.44%	14.06%	3.53%	Upgrade

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

SEC Filings: 10-K · 10-Q