$META
Meta Platforms, Inc.
CIK:0001326801|SEC Filings
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Income Statement [Abstract] | ||||
| Revenue | $ 60,801 | $ 47,516 | $ 117,111 | $ 89,830 |
| Costs and expenses: | ||||
| Cost of revenue | 11,330 | 8,491 | 21,549 | 16,063 |
| Research and development | 21,656 | 12,942 | 39,354 | 25,092 |
| Marketing and sales | 3,431 | 2,979 | 6,339 | 5,735 |
| General and administrative | 5,609 | 2,663 | 8,222 | 4,943 |
| Total costs and expenses | 42,026 | 27,075 | 75,464 | 51,833 |
| Income (loss) from operations | 18,775 | 20,441 | 41,647 | 37,997 |
| Interest and other income (expense), net | (19) | 93 | (1,139) | 919 |
| Income before income taxes | 18,756 | 20,534 | 40,508 | 38,916 |
| Provision (benefit) for income taxes | 2,908 | 2,197 | (2,113) | 3,935 |
| Net income | $ 15,848 | $ 18,337 | $ 42,621 | $ 34,981 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 6.23 | $ 7.28 | $ 16.79 | $ 13.87 |
| Diluted (in dollars per share) | $ 6.18 | $ 7.14 | $ 16.62 | $ 13.56 |
| Weighted-average shares used to compute earnings per share: | ||||
| Basic (in shares) | 2,543 | 2,518 | 2,538 | 2,522 |
| Diluted (in shares) | 2,566 | 2,570 | 2,565 | 2,580 |