$META

Meta Platforms, Inc.

CIK:0001326801|SEC Filings
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 56,311 $ 42,314
Costs and expenses:    
Cost of revenue 10,218 7,572
Research and development 17,699 12,150
Marketing and sales 2,908 2,757
General and administrative 2,614 2,280
Total costs and expenses 33,439 24,759
Income (loss) from operations 22,872 17,555
Interest and other income (expense), net (1,120) 827
Income before income taxes 21,752 18,382
Provision (benefit) for income taxes (5,021) 1,738
Net income $ 26,773 $ 16,644
Earnings per share:    
Basic (in dollars per share) $ 10.57 $ 6.59
Diluted (in dollars per share) $ 10.44 $ 6.43
Weighted-average shares used to compute earnings per share:    
Basic (in shares) 2,534 2,527
Diluted (in shares) 2,564 2,590