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: 2017 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 1, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Revenue | $ 40,653 | 27,638 | 17,928 |
| Costs and expenses: | |||
| Cost of revenue | 5,454 | 3,789 | 2,867 |
| Research and development | 7,754 | 5,919 | 4,816 |
| Marketing and sales | 4,725 | 3,772 | 2,725 |
| General and administrative | 2,517 | 1,731 | 1,295 |
| Total costs and expenses | 20,450 | 15,211 | 11,703 |
| Income from operations | 20,203 | 12,427 | 6,225 |
| Interest and other income (expense), net | 391 | 91 | (31) |
| Income before provision for income taxes | 20,594 | 12,518 | 6,194 |
| Provision for income taxes | 4,660 | 2,301 | 2,506 |
| Net income | 15,934 | 10,217 | 3,688 |
| Less: Net income attributable to participating securities | 14 | 29 | 19 |
| Net income attributable to Class A and Class B common stockholders | 15,920 | 10,188 | 3,669 |
| Earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in dollars per share) | 5.49 | 3.56 | 1.31 |
| Diluted (in dollars per share) | 5.39 | 3.49 | 1.29 |
| Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in shares) | 2,901 | 2,863 | 2,803 |
| Diluted (in shares) | 2,956 | 2,925 | 2,853 |
| Share-based compensation expense included in costs and expenses: | |||
| Share-based compensation expense | 3,723 | 3,218 | 2,969 |
| Income Statement Location | |||
| Cost of revenue | |||
| Share-based compensation expense | 178 | 113 | 81 |
| Research and development | |||
| Share-based compensation expense | 2,820 | 2,494 | 2,350 |
| Marketing and sales | |||
| Share-based compensation expense | 436 | 368 | 320 |
| General and administrative | |||
| Share-based compensation expense | 289 | 243 | 218 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2017 | |
| 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 |