Below are the financial statements of Meta Platforms, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 164.5a | 134.9a | 116.61a |
| Costs and expenses | — | — | — |
| Cost of revenue | -30.16a | -25.96a | -25.25a |
| Research and development | -43.87a | -38.48a | -35.34a |
| Marketing and sales | -11.35a | -12.3a | -15.26a |
| General and administrative | -9.74a | -11.41a | -11.82a |
| Total costs and expenses | -95.12a | -88.15a | -87.67a |
| Income from operations | 69.38a | 46.75a | 28.94a |
| Interest and other income (expense), net | 1.28a | 0.68a | -0.13a |
| Income before provision for income taxes | 70.66a | 47.43a | 28.82a |
| Provision for income taxes | -8.3a | -8.33a | -5.62a |
| Net income | 62.36a | 39.1a | 23.2a |
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