Meta Platforms Income Statement
META / Communication Services|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Meta Platforms reported $201.0B in revenue and $60.5B in net income for FY2025. Revenue has grown at a 33.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 30.9%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.2%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $201.0B | $164.5B | $134.9B | $86.0B | $117.9B | $55.8B | $40.7B | $27.6B | $17.9B | $12.5B | $7.9B | $12.5B | $7.9B | $2.0B | $3.7B |
| Cost of Revenue | $36.2B | $30.2B | $26.0B | $16.7B | $22.6B | $9.4B | $5.5B | $3.8B | $2.9B | $2.2B | $1.9B | $2.2B | $1.9B | $493.0M | $860.0M |
| SG&A Expense | $12.2B | $9.7B | $11.4B | $6.6B | $9.8B | $3.5B | $2.5B | $1.7B | $1.3B | $973.0M | $781.0M | $973.0M | $781.0M | $138.0M | $314.0M |
| R&D Expense | $57.4B | $43.9B | $38.5B | $18.4B | $24.7B | $10.3B | $7.8B | $5.9B | $4.8B | $2.7B | $1.4B | $2.7B | $1.4B | $144.0M | $388.0M |
| Operating Income | $83.3B | $69.4B | $46.8B | $32.7B | $46.8B | $24.9B | $20.2B | $12.4B | $6.2B | $5.0B | $2.8B | $5.0B | $2.8B | $1.0B | $1.8B |
| Interest Expense | $1.1B | $683.0M | $446.0M | - | $23.0M | - | $6.0M | $10.0M | $23.0M | $23.0M | $56.0M | $23.0M | $56.0M | $22.0M | $42.0M |
| Income Tax | $25.5B | $8.3B | $8.3B | $4.0B | $7.9B | $3.2B | $4.7B | $2.3B | $2.5B | $2.0B | $1.3B | $2.0B | $1.3B | $402.0M | $695.0M |
| Net Income | $60.5B | $62.4B | $39.1B | $29.1B | $39.4B | $22.1B | $15.9B | $10.2B | $3.7B | $2.9B | $1.5B | $2.9B | $1.5B | $606.0M | $1.0B |
| EPS (Basic) | $15.19 | $8.63 | $13.99 | $10.22 | $6.48 | $7.65 | $5.49 | $3.56 | $1.31 | $1.12 | $0.62 | $0.02 | $0.52 | $0.34 | $0.52 |
| EPS (Diluted) | $14.87 | $8.59 | $13.77 | $10.09 | $6.43 | $7.57 | $5.39 | $3.49 | $1.29 | $1.10 | $0.60 | $0.01 | $0.46 | $0.28 | $0.46 |
| Shares Outstanding | 2.6B | 2.7B | 2.9B | 2.9B | 2.9B | 2.9B | 3.0B | 2.9B | 2.9B | 2.7B | 2.5B | 2.2B | 1.5B | 1.4B | 1.5B |
| Operating Margin | 41.4% | 42.2% | 34.7% | 38.0% | 39.6% | 44.6% | 49.7% | 45.0% | 34.7% | 40.1% | 35.6% | 40.1% | 35.6% | 52.3% | 47.3% |
| Profit Margin | 30.1% | 37.9% | 29.0% | 33.9% | 33.4% | 39.6% | 39.2% | 37.0% | 20.6% | 23.6% | 19.1% | 23.6% | 19.1% | 30.7% | 27.0% |