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

- Company: Meta Platforms, Inc. (META)
- Period: 2023-01-01 to 2023-12-31
- Filing: FY2023 10-K, filed 2024-02-02, accession number 0001326801-24-000012
- Page: https://plicit.ai/financials/meta/fy2023-annual-income-statement
- Chart image: https://plicit.ai/charts/meta-fy2023-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/meta/fy2023-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/meta-fy2023-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-01-01 through 2023-12-31. View: Business segment. 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
- **Family of Apps**: 133,006,000,000 US dollars
- **Reality Labs**: 1,896,000,000 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/meta/fy2023-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/meta-fy2023-annual-revenue-by-geography-sankey.png

Income statement for 2023-01-01 through 2023-12-31. View: Geography. 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
- **United States & Canada**: 52,888,000,000 US dollars
- **Europe**: 31,210,000,000 US dollars
- **Asia-Pacific**: 36,154,000,000 US dollars
- **Rest of World**: 14,650,000,000 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.