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    Meta Platforms Inc (META)

    Financials

    Updated May 1, 2025, 10:51 AM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Revenue (USD, millions)134,90236,45539,072.0040,589.0048,385.00164,50142,314
    Cost of Revenue (USD, millions)7,695.0025,9596,6407,308.007,374.008,839.0030,1617,572
    Research and Development (USD, millions)10,517.0038,4839,97810,537.0011,178.0012,180.0043,87312,150
    Marketing and Sales (USD, millions)3,226.0012,3012,5642,721.002,822.003,240.0011,3472,757
    General and Administrative (USD, millions)2,289.0011,4083,4553,659.001,864.00762.009,7402,280
    Total Costs and Expenses (USD, millions)23,727.0088,15122,63724,225.0023,238.0025,021.0095,12124,759
    Income from Operations (USD, millions)16,384.0046,75113,81814,847.0017,351.0023,364.0069,38017,555
    Interest and Other Income (Expense), Net (USD, millions)423.00677365259.00471.00188.001,283827
    Income Before Provision for Income Taxes (USD, millions)16,807.0047,42814,18315,106.0017,822.0023,552.0070,66318,382
    Provision for Income Taxes (USD, millions)2,790.008,3301,8141,641.002,134.002,714.008,3031,738
    Net Income (USD, millions)14,017.0039,09812,36913,465.0015,688.0020,838.0062,36016,644
    Basic Earnings per Share (USD)5.4615.194.865.316.208.2424.616.59
    Diluted Earnings per Share (USD)5.3114.874.715.156.027.9823.866.43
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, millions)41,86241,86232,30732,04543,85243,88943,88928,750
    Marketable securities (USD, millions)23,54123,54125,81326,03527,04833,92633,92641,480
    Accounts receivable, net (USD, millions)16,16916,16913,43014,50514,70016,99416,99414,514
    Prepaid expenses and other current assets (USD, millions)3,7933,7933,7803,8465,4675,2365,2365,483
    Total current assets (USD, millions)85,36585,36575,33076,43191,067100,045100,04590,227
    Non-marketable equity securities (USD, millions)6,1416,1416,2186,2076,0716,0706,0706,168
    Property and equipment, net (USD, millions)96,58796,58798,908102,959112,162121,346121,346133,567
    Operating lease right-of-use assets (USD, millions)13,29413,29413,55514,05814,81214,92214,92215,505
    Goodwill (USD, millions)20,65420,65420,65420,65420,65420,65420,65420,654
    Other assets (USD, millions)6,7946,7948,1799,92911,64213,01713,01714,092
    Total assets (USD, millions)229,623229,623222,844230,238256,408276,054276,054280,213
    Accounts payable (USD, millions)4,8494,8493,7853,1737,6567,6877,6878,512
    Operating lease liabilities, current (USD, millions)1,6231,6231,6761,9172,0161,9421,9421,976
    Accrued expenses and other current liabilities (USD, millions)24,62524,62522,64021,91423,65823,96723,96723,402
    Total current liabilities (USD, millions)31,96031,96028,10127,00433,33033,59633,59633,890
    Operating lease liabilities, non-current (USD, millions)17,22617,22617,57017,68518,20818,29218,29218,714
    Long-term debt (USD, millions)18,38518,38518,38718,38928,82328,82628,82628,829
    Long-term income taxes (USD, millions)--7,7957,8979,1719,9879,98710,991
    Other liabilities (USD, millions)8,8848,8841,4622,5002,3472,7162,7162,760
    Total liabilities (USD, millions)76,45576,45573,31573,47591,87993,41793,41795,184
    Additional paid-in capital (USD, millions)73,25373,25375,39178,27080,74983,22883,22885,568
    Accumulated other comprehensive loss (USD, millions)(2,155)(2,155)(2,655)(2,695)(1,192)(3,097)(3,097)(1,865)
    Retained earnings (USD, millions)82,07082,07076,79381,18884,972102,506102,506101,326
    Total stockholders' equity (USD, millions)153,168153,168149,529156,763164,529182,637182,637185,029
    Total liabilities and stockholders' equity (USD, millions)229,623229,623222,844230,238256,408276,054276,054280,213
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net income (USD, millions)14,017.0039,09812,36913,465.0015,688.0020,838.0062,36016,644
    Depreciation and amortization (USD, millions)3,172.0011,1783,3743,637.004,027.004,460.0015,4983,900
    Share-based compensation (USD, millions)3,424.0014,0273,5624,616.004,250.004,262.0016,6904,147
    Other adjustments to net income (USD, millions)357.00635(66)(5.00)(11.00)169.0087(231)
    Other assets (changes) (USD, millions)(111.00)(80)(94)53.00(29.00)(200.00)(270)(52)
    Other liabilities (changes) (USD, millions)663.0062483707.00901.001,114.002,805712
    Net cash provided by operating activities (USD, millions)19,404.0071,11319,24619,370.0024,724.0024,026
    Purchases of property and equipment (USD, millions)(7,665.00)(27,266)(6,400)(8,173.00)(8,258.00)(14,425.00)(37,256)(12,941)
    Purchases of marketable securities (USD, millions)(1,172.00)(2,982)(6,887)(3,289.00)(4,468.00)(10,898.00)(25,542)(11,763)
    Sales and maturities of marketable securities (USD, millions)2,359.006,1844,6253,233.004,114.003,817.0015,7894,784
    Other investing activities (USD, millions)(3.00)(23)--124.0017.00129(90)
    Net cash used in investing activities (USD, millions)(6,472.00)(24,495)(8,734)(8,298.00)(8,620.00)(21,498.00)(47,150)(20,010)
    Taxes paid related to net share settlement of equity awards (USD, millions)(2,223.00)(7,012)(3,162)(3,208.00)(3,543.00)(3,857.00)(13,770)(4,883)
    Repurchases of Class A common stock (USD, millions)(5,942.00)(19,774)(15,008)(6,299.00)(8,818.00)0.00(30,125)(12,754)
    Payments for dividends and dividend equivalents (USD, millions)--(1,273)(1,266.00)(1,263.00)(1,270.00)(5,072)(1,329)
    Principal payments on finance leases (USD, millions)(307.00)(1,058)(315)(299.00)(944.00)(411.00)(1,969)(751)
    Other financing activities (USD, millions)71.00(111)(9)(106.00)(235.00)73.00(277)222
    Net cash used in financing activities (USD, millions)(8,401.00)(19,500)(19,767)(11,178.00)(4,371.00)(5,465.00)(40,781)(19,495)
    Effect of exchange rate changes on cash, cash equivalents, and restricted cash (USD, millions)396.00113(288)(152.00)368.00(714.00)(786)112
    Net increase (decrease) in cash, cash equivalents, and restricted cash (USD, millions)4,927.0027,231(9,543)(258.00)12,101.00311.002,611(15,367)
    Deferred income taxes (USD, millions)131131(456)(2,098)(3,406)(4,738)(4,738)(993)
    Accounts receivable (USD, millions)(2,399)(2,399)2,5201,3501,493(1,485)(1,485)2,804
    Prepaid expenses and other current assets (USD, millions)559559100(168)(698)(698)360
    Accounts payable (USD, millions)5151(1,112)(862)(195)373373(1,034)
    Accrued expenses and other current liabilities (USD, millions)5,3525,352(1,274)(1,771)(1,199)323323(2,231)
    Cash, cash equivalents, and restricted cash at beginning of the period (USD, millions)15,59615,59642,82742,82742,82742,82742,82745,438
    Cash, cash equivalents, and restricted cash at end of the period (USD, millions)42,82742,82733,28433,02645,12745,43845,43830,071
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Family of Apps39,041133,00636,01538,71840,31947,303162,355-
    Reality Labs1,0711,8964403532701,0832,146-
    Advertising38,706131,94835,63538,32939,88546,784160,633-
    Payments and Other Fees--------
    Other Revenue3351,0583803894345191,722-
    Total Revenue40,112134,90236,45539,07140,58948,386164,501-
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    United States and Canada16,12752,88813,64614,64015,61919,30263,207-
    - United States-49,780----59,730-
    Europe9,35831,2108,4049,1539,20511,59938,361-
    Asia-Pacific10,52136,15410,31210,96711,24312,48745,009-
    - China-13,690----18,350-
    Rest of World4,10614,6504,0934,3114,5224,99817,924-
    Total Revenue40,112134,90236,45539,07140,58948,386164,501-
    KPIs - Metric (Unit, Scale)FY 2013 (%) [Index]Q1 2014 (%) [Index]Q2 2014 (%) [Index]Q3 2014 (%) [Index]Q4 2014FY 2014 (%)Q1 2015 (%)Q2 2015 (%)Q3 2015 (%)Q4 2015FY 2015 (%)Q1 2016 (%)Q2 2016 (%)Q3 2016 (%)Q4 2016FY 2016 (%)Q1 2017 (%)Q2 2017 (%)Q3 2017 (%)Q4 2017FY 2017 (%)Q1 2018 (%)Q2 2018 (%)Q3 2018 (%)Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Family daily active people (billions)-3.193.243.273.29---
    Family daily active people year-over-year growth (percent)-8%7%7%5%---
    Ad impressions delivered across our Family of Apps year-over-year growth (percent)--20%10%7%---
    Average price per ad year-over-year growth (percent)--6%10%11%---
    Headcount (count)-67,31769,32970,79972,404---
    Headcount year-over-year growth (percent)--22%-10%-1%9%---