Meta Platforms
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Meta Platforms's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $134,902,000,000. The net income raised on $39,098,000,000 and profit margin reached 29%. Total operating expenses were $62,192,000,000.
Profit Margin
| 2014 | 12.46B | 2.92B | 23.46% |
|---|---|---|---|
| 2015 | 17.92B | 3.66B | 20.47% |
| 2016 | 27.63B | 10.21B | 36.97% |
| 2017 | 40.65B | 15.92B | 39.16% |
| 2018 | 55.83B | 22.11B | 39.6% |
| 2019 | 70.69B | 18.48B | 26.15% |
| 2020 | 85.96B | 29.14B | 33.9% |
| 2021 | 117.92B | 39.37B | 33.38% |
| 2022 | 116.60B | 23.2B | 19.9% |
| 2023 | 134.90B | 39.09B | 28.98% |
META Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 134.90B | 116.60B | 117.92B | 85.96B | 70.69B | 55.83B | 40.65B | 27.63B | 17.92B | 12.46B |
Cost of revenue | 25.95B | 25.24B | 22.64B | 16.69B | 12.77B | 9.35B | 5.45B | 3.78B | 2.86B | 2.15B |
Gross profit | 108.94B | 91.36B | 95.28B | 69.27B | 57.92B | 46.48B | 35.19B | 23.84B | 15.06B | 10.31B |
Operating exp. | ||||||||||
Research and development | 38.48B | 35.33B | 24.65B | 18.44B | 13.6B | 10.27B | 7.75B | 5.91B | 4.81B | 2.66B |
Selling and marketing | 12.30B | 15.26B | 14.04B | 11.59B | 9.87B | 7.84B | 4.72B | 3.77B | 2.72B | 1.68B |
Total operating expenses | 62.19B | 62.41B | 48.52B | 36.60B | 33.94B | 21.57B | 14.99B | 11.42B | 8.83B | 5.31B |
Operating income | 46.75B | 28.94B | 46.75B | 32.67B | 23.98B | 24.91B | 20.20B | 12.42B | 6.22B | 4.99B |
Other income (expenses), net | 677M | -401M | 70M | 509M | -78M | -204M | 391M | -75M | -31M | -84M |
Income before tax | 47.42B | 28.81B | 47.28B | 33.18B | 24.81B | 25.36B | 20.59B | 12.51B | 6.19B | 4.91B |
Income tax expense | 8.33B | 5.61B | 7.91B | 4.03B | 6.32B | 3.24B | 4.66B | 2.30B | 2.50B | 1.97B |
Net income | 39.09B | 23.2B | 39.37B | 29.14B | 18.48B | 22.11B | 15.92B | 10.21B | 3.66B | 2.92B |
Earnings per share | ||||||||||
Basic EPS | 15.19 | 8.63 | 13.99 | 10.22 | 6.48 | 7.65 | 5.49 | 3.56 | 1.31 | 1.12 |
Diluted EPS | 14.87 | 8.59 | 13.77 | 10.09 | 6.43 | 7.57 | 5.39 | 3.49 | 1.29 | 1.1 |
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