META | Meta Platforms, Inc. Annual & Quarterly Income

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021	2020	2019	2018
Revenue	134.9 Billion	116.6 Billion	117.92 Billion	85.96 Billion	70.69 Billion	55.83 Billion
Cost of Revenue	25.95 Billion	25.24 Billion	22.64 Billion	16.69 Billion	12.77 Billion	9.35 Billion
Gross Profit	108.94 Billion	91.36 Billion	95.28 Billion	69.27 Billion	57.92 Billion	46.48 Billion
Operating Expenses	62.19 Billion	62.41 Billion	48.52 Billion	36.6 Billion	33.94 Billion	21.57 Billion
Selling, General and Administrative Expenses	23.7 Billion	27.07 Billion	23.87 Billion	18.15 Billion	20.34 Billion	11.29 Billion
Research and Development Expenses	38.48 Billion	35.33 Billion	24.65 Billion	18.44 Billion	13.6 Billion	10.27 Billion
Other Expenses	-	-320 Million	210 Million	-34 Million	27 Million	9 Million
Cost and Expenses	88.15 Billion	87.66 Billion	71.17 Billion	53.29 Billion	46.71 Billion	30.92 Billion
Operating Income	46.75 Billion	33.55 Billion	46.75 Billion	32.67 Billion	28.98 Billion	24.91 Billion
Interest Expense	446 Million	276 Million	461 Million	672 Million	20 Million	9 Million
Income Tax Expense	8.33 Billion	5.61 Billion	7.91 Billion	4.03 Billion	6.32 Billion	3.24 Billion
Earnings before Tax	47.42 Billion	28.81 Billion	47.28 Billion	33.18 Billion	24.81 Billion	25.36 Billion
Net Income	39.09 Billion	23.2 Billion	39.37 Billion	29.14 Billion	18.48 Billion	22.11 Billion
Earnings Per Share Basic	15.19	8.63	13.99	10.22	6.48	7.65
Earnings Per Share Diluted	14.87	8.59	13.77	10.09	6.43	7.57
Weighted Average Shares Outstanding	2.57 Billion	2.68 Billion	2.81 Billion	2.85 Billion	2.85 Billion	2.89 Billion
Weighted Average Shares Outstanding (Diluted)	2.62 Billion	2.7 Billion	2.85 Billion	2.88 Billion	2.87 Billion	2.92 Billion
Gross Margin	0.81	0.78	0.81	0.81	0.82	0.83
EBIT Margin	0.46	0.36	0.46	0.46	0.49	0.52
Profit Margin	0.29	0.20	0.33	0.34	0.26	0.40
EBITDA	61.38 Billion	42.24 Billion	54.72 Billion	39.53 Billion	34.72 Billion	29.22 Billion
Earnings Before Tax Margin	0.35	0.29	0.40	0.38	0.41	0.45

Breakdown	2024 Q3	2024 Q2	2024 Q1	2023 FY	2023 Q4	2023 Q3
Revenue	40.58 Billion	39.07 Billion	36.45 Billion	134.9 Billion	40.11 Billion	34.14 Billion
Cost of Revenue	7.37 Billion	7.3 Billion	6.64 Billion	25.95 Billion	7.69 Billion	6.21 Billion
Gross Profit	33.21 Billion	31.76 Billion	29.81 Billion	108.94 Billion	32.41 Billion	27.93 Billion
Operating Expenses	15.86 Billion	16.91 Billion	15.99 Billion	62.19 Billion	16.03 Billion	14.18 Billion
Selling, General and Administrative Expenses	4.68 Billion	6.37 Billion	6.01 Billion	-	5.51 Billion	4.94 Billion
Research and Development Expenses	11.17 Billion	10.53 Billion	9.97 Billion	-	10.51 Billion	9.24 Billion
Other Expenses	-	14 Million	-	-	-	-
Cost and Expenses	23.23 Billion	24.22 Billion	22.63 Billion	88.15 Billion	23.72 Billion	20.39 Billion
Operating Income	17.35 Billion	14.84 Billion	13.81 Billion	46.75 Billion	17.53 Billion	14.12 Billion
Interest Expense	208 Million	128 Million	127 Million	446 Million	136 Million	139 Million
Income Tax Expense	2.13 Billion	1.64 Billion	1.81 Billion	8.33 Billion	2.79 Billion	2.43 Billion
Earnings before Tax	17.82 Billion	15.1 Billion	14.18 Billion	47.42 Billion	16.8 Billion	14.02 Billion
Net Income	15.68 Billion	13.46 Billion	12.36 Billion	39.09 Billion	14.01 Billion	11.58 Billion
Earnings Per Share Basic	6.20	5.31	4.86	-	5.46	4.50
Earnings Per Share Diluted	6.03	5.16	4.71	-	5.33	4.39
Weighted Average Shares Outstanding	2.52 Billion	2.53 Billion	2.54 Billion	2.57 Billion	2.56 Billion	2.57 Billion
Weighted Average Shares Outstanding (Diluted)	2.6 Billion	2.61 Billion	2.62 Billion	2.62 Billion	2.63 Billion	2.64 Billion
Gross Margin	0.82	0.81	0.82	0.81	0.81	0.82
EBIT Margin	0.54	0.49	0.48	-	0.52	0.50
Profit Margin	0.39	0.34	0.34	0.29	0.35	0.34
EBITDA	22.05 Billion	19.03 Billion	17.68 Billion	-	20.7 Billion	16.98 Billion
Earnings Before Tax Margin	0.43	0.38	0.38	0.35	0.44	0.41

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