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: 2021 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 3, 2022) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Revenue | $ 117,929 | 85,965 | 70,697 |
| Costs and expenses: | |||
| Cost of revenue | 22,649 | 16,692 | 12,770 |
| Research and development | 24,655 | 18,447 | 13,600 |
| Marketing and sales | 14,043 | 11,591 | 9,876 |
| General and administrative | 9,829 | 6,564 | 10,465 |
| Total costs and expenses | 71,176 | 53,294 | 46,711 |
| Income from operations | 46,753 | 32,671 | 23,986 |
| Interest and other income, net | 531 | 509 | 826 |
| Income before provision for income taxes | 47,284 | 33,180 | 24,812 |
| Provision for income taxes | 7,914 | 4,034 | 6,327 |
| Net income | 39,370 | 29,146 | 18,485 |
| Earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in dollars per share) | 13.99 | 10.22 | 6.48 |
| Diluted (in dollars per share) | 13.77 | 10.09 | 6.43 |
| Weighted-average shares used to compute earnings per share attributable to Class A and Class B common stockholders: | |||
| Basic (in shares) | 2,815 | 2,851 | 2,854 |
| Diluted (in shares) | 2,859 | 2,888 | 2,876 |
| Share-based compensation expense included in costs and expenses: | |||
| Share-based compensation expense included in costs and expenses | 9,164 | 6,536 | 4,836 |
| Income Statement Location | |||
| Cost of revenue | |||
| Share-based compensation expense included in costs and expenses | 577 | 447 | 377 |
| Research and development | |||
| Share-based compensation expense included in costs and expenses | 7,106 | 4,918 | 3,488 |
| Marketing and sales | |||
| Share-based compensation expense included in costs and expenses | 837 | 691 | 569 |
| General and administrative | |||
| Share-based compensation expense included in costs and expenses | 644 | 480 | 402 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2021 | |
| 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 |