Income Statement
The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
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- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Analysis of Profitability Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Selected Financial Data since 2012
- Operating Profit Margin since 2012
- Return on Equity (ROE) since 2012
- Total Asset Turnover since 2012
- Price to Earnings (P/E) since 2012
- Price to Book Value (P/BV) since 2012
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Meta Platforms Inc., consolidated income statement
US$ in millions
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Income statement item | Description | The company |
|---|---|---|
| Revenue | Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. | Meta Platforms Inc. revenue increased from 2022 to 2023 and from 2023 to 2024. |
| Income from operations | The net result for the period of deducting operating expenses from operating revenues. | Meta Platforms Inc. income from operations increased from 2022 to 2023 and from 2023 to 2024. |
| Income before provision for income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | Meta Platforms Inc. income before provision for income taxes increased from 2022 to 2023 and from 2023 to 2024. |
| Net income | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Meta Platforms Inc. net income increased from 2022 to 2023 and from 2023 to 2024. |