Meta Platforms, Inc.

NasdaqGS-META

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						70,697	85,965	117,929	116,609	134,902	149,784
Total Revenues % Chg.						26.6%	21.6%	37.2%	-1.1%	15.7%	24.3%
Cost of Goods Sold, Total						12,770	16,692	22,649	23,754	26,006	27,724
Gross Profit						57,927	69,273	95,280	92,855	108,896	122,060
Selling General & Admin Expenses, Total						15,341	18,155	23,872	25,681	22,204	21,603
R&D Expenses						13,600	18,447	24,655	33,619	36,489	38,725
Other Operating Expenses, Total						28,941	36,602	48,527	59,300	58,693	60,328
Operating Income						28,986	32,671	46,753	33,555	50,203	61,732
Interest Expense, Total					—	—	—	-23	-185	-446	-529
Interest And Investment Income						904	672	484	461	1,639	2,247
Net Interest Expenses						904	672	461	276	1,193	1,718
Currency Exchange Gains (Loss)						-105	-129	-140	-81	-366	-475
Other Non Operating Income (Expenses)						27	-34	210	127	-49	178
EBT, Excl. Unusual Items						29,812	33,180	47,284	33,877	50,981	63,153
Restructuring Charges	—	—	—	—	—	—	—	—	-4,611	-3,452	-2,935
Gain (Loss) On Sale Of Investments	—	—	—	—	—	—	—	—	-447	-101	-101
Legal Settlements	—	—	—	—	—	-5,000	—	—	—	—	—
EBT, Incl. Unusual Items						24,812	33,180	47,284	28,819	47,428	60,117
Income Tax Expense						6,327	4,034	7,914	5,619	8,330	8,683
Earnings From Continuing Operations						18,485	29,146	39,370	23,200	39,098	51,434
Net Income						18,485	29,146	39,370	23,200	39,098	51,434
Preferred Dividend and Other Adjustments						—	—	—	—	—	—
Net Income to Common Incl Extra Items						18,485	29,146	39,370	23,200	39,098	51,434
Net Income to Common Excl. Extra Items						18,485	29,146	39,370	23,200	39,098	51,434
Total Shares Outstanding						2,852	2,849	2,741	2,614	2,561	2,533
Weighted Avg. Shares Outstanding						2,854	2,851	2,815	2,687	2,574	2,555.5
Weighted Avg. Shares Outstanding Dil						2,876	2,888	2,859	2,702	2,629	2,636.5
EPS						6.5	10.2	14	8.6	15.2	20.1
EPS Diluted						6.4	10.1	13.8	8.6	14.9	19.5
EBITDA						34,727	39,533	54,720	42,241	61,381	74,774
Effective Tax Rate						25.5%	12.2%	16.7%	19.5%	17.6%	14.4%