Meta Platforms, Inc. (META) FY2023 Annual P&L / Income Statement

Meta Platforms, Inc. (META) FY2023 Annual P&L / Income Statement

Income statement for 2023-01-01 through 2023-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

134,902,000,000 US dollars

Cost of revenue

25,959,000,000 US dollars

Gross profit (calculated)

108,943,000,000 US dollars

Operating expenses (calculated)

62,192,000,000 US dollars

Income from operations

46,751,000,000 US dollars

Interest and other income (expense), net

677,000,000 US dollars

Income before provision for income taxes

47,428,000,000 US dollars

Provision for income taxes

8,330,000,000 US dollars

Net income

39,098,000,000 US dollars

Reality Labs

1,896,000,000 US dollars

Family of Apps - Advertising

131,948,000,000 US dollars

Family of Apps - Other revenue

1,058,000,000 US dollars

Research and development

38,483,000,000 US dollars

Marketing and sales

12,301,000,000 US dollars

General and administrative

11,408,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.