Communication Services - Internet Content & Information - NASDAQ - US
$ 554.08
-4 %
$ 1.4 T
Market Cap
26.16
P/E
INCOME STATEMENT
135 B
REVENUE
46.8 B
OPERATING INCOME
39.1 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Meta Platforms, Inc.
| Revenue | 135 B |
| Cost Of Revenue | 26 B |
| Gross Profit | 109 B |
| Operating Expenses | 62.2 B |
| Operating Income | 46.8 B |
| Other Expenses | 7.65 B |
| Net Income | 39.1 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||
| Revenue | 134 902.0 | 116 609.0 | 117 929.0 | 85 965.0 | 70 697.0 | 55 838.0 | 40 653.0 | 27 638.0 | 17 928.0 | 12 466.0 | 7 872.0 | 5 089.0 | 3 711.0 | 1 974.0 | 777.0 | 272.0 | 153.0 |
| GROSS PROFIT | |||||||||||||||||
| Cost Of Revenue | 25 959.0 | 25 249.0 | 22 649.0 | 16 692.0 | 12 770.0 | 9 355.0 | 5 454.0 | 3 789.0 | 2 867.0 | 2 153.0 | 1 875.0 | 1 364.0 | 860.0 | 493.0 | 223.0 | 124.0 | 41.0 |
| Gross Profit | 108 943.0 | 91 360.0 | 95 280.0 | 69 273.0 | 57 927.0 | 46 483.0 | 35 199.0 | 23 849.0 | 15 061.0 | 10 313.0 | 5 997.0 | 3 725.0 | 2 851.0 | 1 481.0 | 554.0 | 148.0 | 112.0 |
| OPERATING INCOME | |||||||||||||||||
| Operating Expenses | 62 192.0 | 62 416.0 | 48 527.0 | 36 602.0 | 33 941.0 | 21 570.0 | 14 996.0 | 11 422.0 | 8 836.0 | 5 319.0 | 3 193.0 | 3 187.0 | 1 095.0 | 449.0 | 292.0 | 203.0 | 236.0 |
| Selling, General and Administrative Expenses | 23 709.0 | 27 078.0 | 23 872.0 | 18 155.0 | 20 341.0 | 11 297.0 | 7 242.0 | 5 503.0 | 4 020.0 | 2 653.0 | 1 778.0 | 1 788.0 | 707.0 | 305.0 | 205.0 | 156.0 | 155.0 |
| Research and Development Expenses | 38 483.0 | 35 338.0 | 24 655.0 | 18 447.0 | 13 600.0 | 10 273.0 | 7 754.0 | 5 919.0 | 4 816.0 | 2 666.0 | 1 415.0 | 1 399.0 | 388.0 | 144.0 | 87.0 | 47.0 | 81.0 |
| Operating Income | 46 751.0 | 33 555.0 | 46 753.0 | 32 671.0 | 28 986.0 | 24 913.0 | 20 203.0 | 12 427.0 | 6 225.0 | 4 994.0 | 2 921.0 | 538.0 | 1 756.0 | 1 032.0 | 262.0 | (55.0) | (124.0) |
| PRE-TAX INCOME | |||||||||||||||||
| Interest Income Expense | 446.0 | 276.0 | 461.0 | 672.0 | 20.0 | 9.0 | 6.0 | 10.0 | 23.0 | 23.0 | 56.0 | 51.0 | 42.0 | 22.0 | 10.0 | 1.0 | 11.0 |
| Total Other Income | 677.0 | (125.0) | 531.0 | 509.0 | 826.0 | 448.0 | 391.0 | 91.0 | (31.0) | (84.0) | (50.0) | (44.0) | (61.0) | (24.0) | (8.0) | (1.0) | (11.0) |
| Pre-Tax Income | 47 428.0 | 28 819.0 | 47 284.0 | 33 180.0 | 24 812.0 | 25 361.0 | 20 594.0 | 12 518.0 | 6 194.0 | 4 910.0 | 2 754.0 | 494.0 | 1 695.0 | 1 008.0 | 254.0 | (56.0) | (135.0) |
| NET INCOME | |||||||||||||||||
| Tax Provision | 8 330.0 | 5 619.0 | 7 914.0 | 4 034.0 | 6 327.0 | 3 249.0 | 4 660.0 | 2 301.0 | 2 506.0 | 1 970.0 | 1 254.0 | 441.0 | 695.0 | 402.0 | 25.0 | 0 | 3.0 |
| Net Income | 39 098.0 | 23 200.0 | 39 370.0 | 29 146.0 | 18 485.0 | 22 111.0 | 15 920.0 | 10 188.0 | 3 669.0 | 2 925.0 | 1 491.0 | 32.0 | 1 000.0 | 606.0 | 122.0 | (56.0) | (138.0) |
| EPS | 15.2 | 8.63 | 14 | 10.2 | 6.48 | 7.65 | 5.49 | 3.56 | 1.31 | 1.12 | 0.62 | 0.02 | 0.28 | 0.15 | 0.0571 | 0.0262 | 0.0645 |