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Family of Apps → Revenue: $28.3B
Advertising → Family of Apps: $28.1B
Revenue → Gross profit: $22.5B
Gross profit → Operating expenses: $15.3B
Operating expenses → R&D: $9.4B
Gross profit → Operating profit: $7.2B
Revenue → Cost of revenue: $6.1B
Operating profit → Net profit: $5.6B
Operating expenses → Marketing and sales: $3.0B
Operating expenses → G&A: $2.9B
Operating profit → Tax: $1.6B
Reality Labs → Revenue: $0.3B
Other revenue → Family of Apps: $0.2B
Interest and other → Net profit: $0.1B
Advertising: $28.1B
Family of Apps: $28.3B
Other revenue: $0.2B
Revenue: $28.6B
Reality Labs: $0.3B
Gross profit: $22.5B
Cost of revenue: $6.1B
Operating profit: $7.2B
Operating expenses: $15.3B
Net profit: $5.7B
Tax: $1.6B
Interest and other: $0.1B
R&D: $9.4B
Marketing and sales: $3.0B
G&A: $2.9B
created with SankeyArt.com
Advertising
$28.1B
4% Y/Y
Family of Apps
$28.3B
4% Y/Y
Other revenue
$0.2B
-5% Y/Y
Revenue
$28.6B
3% Y/Y
Reality Labs
$0.3B
-51% Y/Y
Gross profit
$22.5B
3% Y/Y
Cost of revenue
$6.1B
2% Y/Y
Operating profit
$7.2B
-15% Y/Y
Operating expenses
$15.3B
14% Y/Y
Net profit
$5.7B
-24% Y/Y
Tax
$1.6B
11% Y/Y
Interest and other
$0.1B
-79% Y/Y
R&D
$9.4B
22% Y/Y
Marketing and sales
$3.0B
-8% Y/Y
G&A
$2.9B
22% Y/Y
Meta Q1 FY23 Income Statement
2022
Q4
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
