Meta Platforms (META)
NASDAQ:META

Meta Platforms (META) Income Statement

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Meta Platforms Income Statement

Last quarter (Q2 2023), Meta Platforms's total revenue was $32.00B, an increase of 11.02% from the same quarter last year. In Q2, Meta Platforms's net income was $7.79B. See Meta Platforms’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 120.52B$ 116.61B$ 117.93B$ 85.97B$ 70.70B$ 55.84B
Cost of Revenue
$ 20.16B$ 25.25B$ 22.65B$ 16.69B$ 12.77B$ 9.36B
Gross Profit
$ 100.36B$ 91.36B$ 95.28B$ 69.27B$ 57.93B$ 46.48B
Operating Expense
$ 65.74B$ 74.41B$ 57.69B$ 36.60B$ 33.94B$ 21.57B
Operating Income
$ 34.63B$ 16.95B$ 37.59B$ 32.67B$ 23.99B$ 24.91B
Net Non Operating Interest Income Expense
$ 79.00M$ -125.00M$ 531.00M$ 672.00M$ 904.00M$ 652.00M
Other Income Expense
$ -348.00M-$ -210.00M$ -163.00M$ -78.00M$ -204.00M
Pretax Income
$ 34.27B$ 28.82B$ 47.28B$ 33.18B$ 24.81B$ 25.36B
Tax Provision
$ 11.72B$ 5.62B$ 7.91B$ 4.03B$ 6.33B$ 3.25B
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 22.55B$ 11.21B$ 30.21B$ 29.15B$ 18.48B$ 22.11B
Basic EPS
$ 8.64$ 8.63$ 13.99$ 10.22$ 6.48$ 7.65
Diluted EPS
$ 8.58$ 8.59$ 13.77$ 10.09$ 6.43$ 7.57
Basic Average Shares
$ 10.48B$ 2.69B$ 2.81B$ 2.85B$ 2.85B$ 2.89B
Diluted Average Shares
$ 10.55B$ 2.70B$ 2.86B$ 2.89B$ 2.88B$ 2.92B
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 85.90B$ 99.66B$ 80.34B$ 53.29B$ 46.71B$ 30.93B
Net Income From Continuing And Discontinued Operation
$ 22.55B$ 23.20B$ 39.37B$ 29.15B$ 18.48B$ 22.11B
Normalized Income
$ 21.15B--$ 29.26B$ 18.56B$ 22.30B
Interest Expense
----$ 20.00M$ 9.00M
EBIT
$ 34.67B$ 28.82B$ 46.81B$ 32.67B$ 23.99B$ 24.91B
EBITDA
$ 44.37B$ 37.51B$ 54.77B$ 39.53B$ 29.73B$ 29.23B
Currency in USD

Meta Platforms Earnings and Revenue History


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