10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
META PLATFORMS, INC. | |||
Ticker: META Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 3, 2017) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Revenue | $ 27,638 | 17,928 | 12,466 |
| Costs and expenses: | |||
| Cost of revenue | 3,789 | 2,867 | 2,153 |
| Research and development | 5,919 | 4,816 | 2,666 |
| Marketing and sales | 3,772 | 2,725 | 1,680 |
| General and administrative | 1,731 | 1,295 | 973 |
| Total costs and expenses | 15,211 | 11,703 | 7,472 |
| Income from operations | 12,427 | 6,225 | 4,994 |
| Interest and other income/(expense), net | 91 | (31) | (84) |
| Income before provision for income taxes | 12,518 | 6,194 | 4,910 |
| Provision for income taxes | 2,301 | 2,506 | 1,970 |
| Net income | 10,217 | 3,688 | 2,940 |
| Less: Net income attributable to participating securities | 29 | 19 | 15 |
| Net income attributable to Class A and Class B common stockholders | 10,188 | 3,669 | 2,925 |
| Earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in dollars per share) | 3.56 | 1.31 | 1.12 |
| Diluted (in dollars per share) | 3.49 | 1.29 | 1.10 |
| Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in shares) | 2,863 | 2,803 | 2,614 |
| Diluted (in shares) | 2,925 | 2,853 | 2,664 |
| Share-based compensation expense included in costs and expenses: | |||
| Share-based compensation expense | 3,218 | 2,969 | 1,837 |
| Income Statement Location | |||
| Cost of revenue | |||
| Share-based compensation expense | 113 | 81 | 62 |
| Research and development | |||
| Share-based compensation expense | 2,494 | 2,350 | 1,328 |
| Marketing and sales | |||
| Share-based compensation expense | 368 | 320 | 249 |
| General and administrative | |||
| Share-based compensation expense | 243 | 218 | 198 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2016 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |