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: 2018 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2018 10-K (Filed: Jan 31, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Revenue | $ 55,838 | 40,653 | 27,638 |
| Costs and expenses: | |||
| Cost of revenue | 9,355 | 5,454 | 3,789 |
| Research and development | 10,273 | 7,754 | 5,919 |
| Marketing and sales | 7,846 | 4,725 | 3,772 |
| General and administrative | 3,451 | 2,517 | 1,731 |
| Total costs and expenses | 30,925 | 20,450 | 15,211 |
| Income from operations | 24,913 | 20,203 | 12,427 |
| Interest and other income (expense), net | 448 | 391 | 91 |
| Income before provision for income taxes | 25,361 | 20,594 | 12,518 |
| Provision for income taxes | 3,249 | 4,660 | 2,301 |
| Net income | 22,112 | 15,934 | 10,217 |
| Less: Net income attributable to participating securities | 1 | 14 | 29 |
| Net income attributable to Class A and Class B common stockholders | 22,111 | 15,920 | 10,188 |
| Earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in dollars per share) | 7.65 | 5.49 | 3.56 |
| Diluted (in dollars per share) | 7.57 | 5.39 | 3.49 |
| Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in shares) | 2,890 | 2,901 | 2,863 |
| Diluted (in shares) | 2,921 | 2,956 | 2,925 |
| Share-based compensation expense included in costs and expenses: | |||
| Share-based compensation expense | 4,152 | 3,723 | 3,218 |
| Income Statement Location | |||
| Cost of revenue | |||
| Share-based compensation expense | 284 | 178 | 113 |
| Research and development | |||
| Share-based compensation expense | 3,022 | 2,820 | 2,494 |
| Marketing and sales | |||
| Share-based compensation expense | 511 | 436 | 368 |
| General and administrative | |||
| Share-based compensation expense | 335 | 289 | 243 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2018 | |
| 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 |