Meta Platforms, Inc. (META) FY2024 Annual P&L / Income Statement

Meta Platforms, Inc. (META) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

164,501,000,000 US dollars

Cost of revenue

30,161,000,000 US dollars

Gross profit (calculated)

134,340,000,000 US dollars

Operating expenses (calculated)

64,960,000,000 US dollars

Income (loss) from operations

69,380,000,000 US dollars

Interest and other income (expense), net

1,283,000,000 US dollars

Income before provision for income taxes

70,663,000,000 US dollars

Provision for income taxes

8,303,000,000 US dollars

Net income

62,360,000,000 US dollars

Family of Apps

162,355,000,000 US dollars

Reality Labs

2,146,000,000 US dollars

Research and development

43,873,000,000 US dollars

Marketing and sales

11,347,000,000 US dollars

General and administrative

9,740,000,000 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.