Meta Platforms, Inc. (META)

Nasdaq: META · Services-Computer Programming, Data Processing, Etc. · Menlo Park, CA · filing with the SEC since 2005

Grade6.8

◀ Past 6.7● Present 7.6▶ Future 6.3

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Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Jan 29, 2026	Jan 30, 2025	Feb 2, 2024	Feb 2, 2023	Feb 3, 2022	Jan 28, 2021	Jan 30, 2020	Jan 31, 2019	Feb 1, 2018	Feb 3, 2017
Revenue	200,966	164,501	134,902	116,609	117,929	85,965	70,697	55,838	40,653	27,638
Cost of revenue	36,175	30,161	25,959	25,249	22,649	16,692	12,770	9,355	5,454	3,789
Research and development	57,372	43,873	38,483	35,338	24,655	18,447	13,600	10,273	7,754	5,919
Sales and marketing	11,991	11,347	12,301	15,262	14,043	11,591	9,876	7,846	4,725	3,772
General and administrative	12,152	9,740	11,408	11,816	9,829	6,564	10,465	3,451	2,517	1,731
Total costs and expenses	117,690	95,121	88,151	87,665	71,176	53,294	46,711	30,925	20,450	15,211
Operating income	83,276	69,380	46,751	28,944	46,753	32,671	23,986	24,913	20,203	12,427
Interest expense	1,165	715	446	185	23	·	20	9	6	10
Interest and investment income	2,123	2,517	1,639	461	484	·	924	661	398	176
Other income (expense), net	1,346	171	-150	-320	210	-34	27	9	5	1
Total non-operating income (expense)	2,656	1,283	677	-125	531	509	826	448	391	91
Income before income taxes	85,932	70,663	47,428	28,819	47,284	33,180	24,812	25,361	20,594	12,518
Income tax expense	25,474	8,303	8,330	5,619	7,914	4,034	6,327	3,249	4,660	2,301
Net income	60,458	62,360	39,098	23,200	39,370	29,146	18,485	22,112	15,934	10,217
Net income to common shareholders	·	·	·	·	·	29,146	18,485	22,111	15,920	10,188
Earnings per share, basic	23.98	24.61	15.19	8.63	13.99	10.22	6.48	7.65	5.49	3.56
Earnings per share, diluted	23.49	23.86	14.87	8.59	13.77	10.09	6.43	7.57	5.39	3.49
Weighted average shares, basic	2,521	2,534	2,574	2,687	2,815	2,851	2,854	2,890	2,901	2,863
Weighted average shares, diluted	2,574	2,614	2,629	2,702	2,859	2,888	2,876	2,921	2,956	2,925

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton META · research, not advice