Meta Platforms, Inc.
METAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
164,501
Cost of Revenue
30,161
Gross Profit
134,340
Gross Margin
81.7%
Operating Income
69,380
Operating Margin
42.2%
Net Income
62,360
Net Margin
37.9%
EPS (Basic)
$24.61
EPS (Diluted)
$23.86
EBITDA
86,876
EBITDA Margin
52.8%
2023
12/31/2023
Revenue
134,902
Cost of Revenue
25,959
Gross Profit
108,943
Gross Margin
80.8%
Operating Income
46,751
Operating Margin
34.7%
Net Income
39,098
Net Margin
29.0%
EPS (Basic)
$15.19
EPS (Diluted)
$14.87
EBITDA
59,052
EBITDA Margin
43.8%
2022
12/31/2022
Revenue
116,609
Cost of Revenue
25,249
Gross Profit
91,360
Gross Margin
78.3%
Operating Income
28,944
Operating Margin
24.8%
Net Income
23,200
Net Margin
19.9%
EPS (Basic)
$8.63
EPS (Diluted)
$8.59
EBITDA
37,690
EBITDA Margin
32.3%
2021
12/31/2021
Revenue
117,929
Cost of Revenue
22,649
Gross Profit
95,280
Gross Margin
80.8%
Operating Income
46,753
Operating Margin
39.6%
Net Income
39,370
Net Margin
33.4%
EPS (Basic)
$13.99
EPS (Diluted)
$13.77
EBITDA
55,274
EBITDA Margin
46.9%
2020
12/31/2020
Revenue
85,965
Cost of Revenue
16,692
Gross Profit
69,273
Gross Margin
80.6%
Operating Income
32,671
Operating Margin
38.0%
Net Income
29,146
Net Margin
33.9%
EPS (Basic)
$10.22
EPS (Diluted)
$10.09
EBITDA
39,533
EBITDA Margin
46.0%