Meta Platforms, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $27.6b
$40.7b +47.09%
$55.8b +37.35%
$70.7b +26.61%
$86.0b +21.60%
$117.9b +37.18%
$116.6b -1.12%
$134.9b +15.69%
$164.5b +21.94%
$201.0b +22.17%
$228.2b +13.57%
Interest Revenue (Expense), Net $672.0m $461.0m $276.0m
Cost of Revenue $3.8b
$5.5b +43.94%
$9.4b +71.53%
$12.8b +36.50%
$16.7b +30.71%
$22.6b +35.69%
$25.2b +11.48%
$26.0b +2.81%
$30.2b +16.19%
$36.2b +19.94%
$41.7b +15.17%
Gross Profit (Calculated) $23.8b
$35.2b +47.59%
$46.5b +32.06%
$57.9b +24.62%
$69.3b +19.59%
$95.3b +37.54%
$91.4b -4.11%
$108.9b +19.25%
$134.3b +23.31%
$164.8b +22.67%
Research and Development Expense $5.9b $7.8b $10.3b $13.6b $18.4b $24.7b $35.3b $38.5b $43.9b $57.4b $71.6b
Selling and Marketing Expense $3.8b $4.7b $7.8b $9.9b $11.6b $14.0b $15.3b $12.3b $11.3b $12.0b $28.0b
General and Administrative Expense $1.7b $2.5b $3.5b $10.5b $6.6b $9.8b $11.8b $11.4b $9.7b $12.2b $15.4b
Labor and Related Expense $41.3b $50.7b
Amortization of Intangible Assets $751.0m $692.0m $640.0m $562.0m $473.0m $407.0m $185.0m $161.0m $211.0m $615.0m
Operating expenses:
Operating Income (Loss) $12.4b
$20.2b +62.57%
$24.9b +23.31%
$24.0b -3.72%
$32.7b +36.21%
$46.8b +43.10%
$28.9b -38.09%
$46.8b +61.52%
$69.4b +48.40%
$83.3b +20.03%
$86.9b +4.38%
Interest Expense $10.0m $6.0m $9.0m $20.0m $446.0m $2.0b
Interest Expense, Debt $420.0m $683.0m $1.1b $2.0b
Investment Income, Interest $176.0m $398.0m $661.0m $924.0m $1.6b $2.5b $2.1b
Foreign Currency Transaction Gain (Loss), before Tax ($76.0m) ($6.0m) ($213.0m) ($105.0m) ($129.0m) ($140.0m) ($81.0m) ($366.0m) ($690.0m) $352.0m
Other income (expense):
Interest Expense (non-operating) $715.0m $1.2b $2.0b
Interest and other income, net $91.0m $391.0m $448.0m $826.0m $509.0m $531.0m ($125.0m) $677.0m $1.3b $2.7b
Other Nonoperating Income (Expense) $1.0m $5.0m $9.0m $27.0m ($34.0m) $210.0m ($320.0m) ($150.0m) $171.0m $1.3b
Nonoperating Income (Expense) $91.0m $391.0m $448.0m $826.0m $509.0m $531.0m ($125.0m) $677.0m $1.3b $2.7b
Income (Loss) from Continuing Operations before Income Taxes, Domestic $6.4b $7.1b $8.8b $5.3b $24.2b $43.7b $25.0b $43.5b $66.3b $79.6b $87.5b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $12.5b $20.6b $25.4b $24.8b $33.2b $47.3b $28.8b $47.4b $70.7b $85.9b $87.5b
Current Income Tax Expense (Benefit) $2.8b $5.0b $3.0b $6.4b $5.0b $7.3b $8.9b $8.2b $13.0b $6.7b $19.4b
Income Tax Expense (Benefit) $2.3b $4.7b $3.2b $6.3b $4.0b $7.9b $5.6b $8.3b $8.3b $25.5b $19.4b
Net Income (Loss) Attributable to Parent $10.2b
$15.9b +55.96%
$22.1b +38.77%
$18.5b -16.40%
$29.1b +57.67%
$39.4b +35.08%
$23.2b -41.07%
$39.1b +68.53%
$62.4b +59.50%
$60.5b -3.05%
$68.1b +12.64%
Net Income (Loss) Available to Common Stockholders, Basic $10.2b
$15.9b +56.26%
$22.1b +38.89%
$18.5b -16.40%
$29.1b +57.67%
$39.4b +35.08%
$23.2b -41.07%
$39.1b +68.53%
$62.4b +59.50%
$60.5b -3.05%
$68.1b +12.64%
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $29.0m $14.0m $1.0m $0 $0
Earnings Per Share, Basic $3.56 $5.49 $7.65 $6.48 $10.22 $13.99 $8.63 $15.19 $24.61 $23.98 $26.90
Earnings Per Share, Diluted $3.49 $5.39 $7.57 $6.43 $10.09 $13.77 $8.59 $14.87 $23.86 $23.49 $26.55
Common Stock, Dividends, Per Share, Declared $3.56 $5.49 $7.65 $6.48 $10.22 $13.99 $8.63 $15.19 $2.00 $2.10
Basic (in shares) $2.9b $2.9b $2.9b $2.9b $2.9b $2.8b $2.7b $2.6b $2.5b $2.5b $2.5b
Diluted (in shares) $2.9b $3.0b $2.9b $2.9b $2.9b $2.9b $2.7b $2.6b $2.6b $2.6b $2.6b
Weighted Average Number of Shares Outstanding, Basic 2.9b 2.9b 2.9b 2.9b 2.9b 2.8b 2.7b 2.6b 2.5b 2.5b 2.5b
Weighted Average Number of Shares Outstanding, Diluted 2.9b 3.0b 2.9b 2.9b 2.9b 2.9b 2.7b 2.6b 2.6b 2.6b 2.6b
Additional Financial Items
Costs and Expenses $15.2b $20.4b $30.9b $46.7b $53.3b $71.2b $87.7b $88.2b $95.1b $117.7b
Goodwill, Impairment Loss $0
Income (loss) from operations $12.4b
$20.2b +62.57%
$24.9b +23.31%
$24.0b -3.72%
$32.7b +36.21%
$46.8b +43.10%
$28.9b -38.09%
$46.8b +61.52%
$69.4b +48.40%
$83.3b +20.03%
$86.9b +4.38%
Marketing and sales $3.8b $4.7b $7.8b $9.9b $11.6b $14.0b $15.3b $12.3b $11.3b $12.0b
Other Cost and Expense, Operating $53.8b $67.0b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.