← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $27.6b | $40.7b | $55.8b | $70.7b | $86.0b | $117.9b | $116.6b | $134.9b | $164.5b | $201.0b | |
| Cost of Revenue | $3.8b | $5.5b | $9.4b | $12.8b | $16.7b | $22.6b | $25.2b | $26.0b | $30.2b | $36.2b | |
| Gross Profit (Calculated) | $23.8b | $35.2b | $46.5b | $57.9b | $69.3b | $95.3b | $91.4b | $108.9b | $134.3b | $164.8b | |
| Research and development | $5.9b | $7.8b | $10.3b | $13.6b | $18.4b | $24.7b | $35.3b | $38.5b | $43.9b | $57.4b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $12.4b | $20.2b | $24.9b | $24.0b | $32.7b | $46.8b | $28.9b | $46.8b | $69.4b | $83.3b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $751.0m | $692.0m | $640.0m | $562.0m | $473.0m | $407.0m | $185.0m | $161.0m | $211.0m | $615.0m | |
| Basic (in shares) | $2.9b | $2.9b | $2.9b | $2.9b | $2.9b | $2.8b | $2.7b | $2.6b | $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 | |
| 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 | |
| General and administrative | $1.7b | $2.5b | $3.5b | $10.5b | $6.6b | $9.8b | $11.8b | $11.4b | $9.7b | $12.2b | |
| Goodwill, Impairment Loss | — | — | $0 | — | — | — | — | — | — | — | |
| 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 | |
| Income (loss) from operations | $12.4b | $20.2b | $24.9b | $24.0b | $32.7b | $46.8b | $28.9b | $46.8b | $69.4b | $83.3b | |
| 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 | |
| Investment Income, Interest | $176.0m | $398.0m | $661.0m | $924.0m | — | — | — | $1.6b | $2.5b | $2.1b | |
| Marketing and sales | $3.8b | $4.7b | $7.8b | $9.9b | $11.6b | $14.0b | $15.3b | $12.3b | $11.3b | $12.0b | |
| Provision for income taxes | $2.3b | $4.7b | $3.2b | $6.3b | $4.0b | $7.9b | $5.6b | $8.3b | $8.3b | $25.5b | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $29.0m | $14.0m | $1.0m | $0 | $0 | — | — | — | — | — | |
| 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 | |
| Income before provision for income taxes | $12.5b | $20.6b | $25.4b | $24.8b | $33.2b | $47.3b | $28.8b | $47.4b | $70.7b | $85.9b | |
| Net Income (Loss) Attributable to Parent | $10.2b | $15.9b | $22.1b | $18.5b | $29.1b | $39.4b | $23.2b | $39.1b | $62.4b | $60.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $10.2b | $15.9b | $22.1b | $18.5b | $29.1b | $39.4b | $23.2b | $39.1b | $62.4b | $60.5b | |
| 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 | |
| Earnings Per Share, Basic | $3.56 | $5.49 | $7.65 | $6.48 | $10.22 | $13.99 | $8.63 | $15.19 | $24.61 | $23.98 | |
| Earnings Per Share, Diluted | $3.49 | $5.39 | $7.57 | $6.43 | $10.09 | $13.77 | $8.59 | $14.87 | $23.86 | $23.49 | |
| 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 | |
| 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 | |
| Other income (expense): | |||||||||||
| Costs and Expenses | $15.2b | $20.4b | $30.9b | $46.7b | $53.3b | $71.2b | $87.7b | $88.2b | $95.1b | $117.7b | |
| 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 | |
| General and Administrative Expense | $1.7b | $2.5b | $3.5b | $10.5b | $6.6b | $9.8b | $11.8b | $11.4b | $9.7b | $12.2b | |
| Interest Expense | $10.0m | $6.0m | $9.0m | $20.0m | — | — | — | $446.0m | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $715.0m | $1.2b | |
| Interest Expense, Debt | — | — | — | — | — | — | — | $420.0m | $683.0m | $1.1b | |
| Labor and Related Expense | — | — | — | — | — | — | — | — | $41.3b | $50.7b | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | $53.8b | $67.0b | |
| Other Nonoperating Income (Expense) | $1.0m | $5.0m | $9.0m | $27.0m | ($34.0m) | $210.0m | ($320.0m) | ($150.0m) | $171.0m | $1.3b | |
| Research and Development Expense | $5.9b | $7.8b | $10.3b | $13.6b | $18.4b | $24.7b | $35.3b | $38.5b | $43.9b | $57.4b | |
| Selling and Marketing Expense | $3.8b | $4.7b | $7.8b | $9.9b | $11.6b | $14.0b | $15.3b | $12.3b | $11.3b | $12.0b | |
| Income Tax Expense (Benefit) | $2.3b | $4.7b | $3.2b | $6.3b | $4.0b | $7.9b | $5.6b | $8.3b | $8.3b | $25.5b | |
| Interest Revenue (Expense), Net | — | — | — | — | $672.0m | $461.0m | $276.0m | — | — | — | |
| Nonoperating Income (Expense) | $91.0m | $391.0m | $448.0m | $826.0m | $509.0m | $531.0m | ($125.0m) | $677.0m | $1.3b | $2.7b | |
| Total costs and expenses | $15.2b | $20.4b | $30.9b | $46.7b | $53.3b | $71.2b | $87.7b | $88.2b | $95.1b | $117.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.