Meta Platforms (META) Net Income

Price: $576.93
Market Cap: $1.46T
Avg Volume: 13.21M
Country: US
Industry: Internet Content & Information
Sector: Communication Services
Beta: 1.216
52W Range: $279.4-602.95
Website: Meta Platforms

What is Meta Platforms's Net Income?

  • Meta Platforms's annual net income as of FY 2023 is $39.10B.
  • Meta Platforms's quarterly net income as of Q2 2024 is $13.46B.

What is Net Income?

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.

Related Metrics

Other important metrics to assess Meta Platforms's financial health include:

  • Net Income Growth - the rate at which a company's net income is growing:
    • Annual Growth: 68.53%
  • Net Income Ratio - net income divided by revenue:
    • Annual: 28.98%
    • Quarterly: 34.46%
  • Net Income Per Share - net income divided by the number of shares outstanding:
    • Annual: $15.19

These metrics provide insights into Meta Platforms's financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Net Income

$39.10B

Quarterly Net Income

$13.46B

Historical Annual Net Income
Historical Quarterly Net Income
Annual Net Income Growth
Annual Net Income Per Share

Meta Platforms Historical Net Income Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Net Income Net Income Growth Net Income Ratio Net Income Per Share
2023 $39.10B 68.53% 28.98% $15.19
2022 $23.20B -41.07% 19.90% $8.63
2021 $39.37B 35.08% 33.38% $13.99
2020 $29.15B 57.67% 33.90% $10.22
2019 $18.48B -16.40% 26.15% $6.48
2018 $22.11B 38.89% 39.60% $7.65
2017 $15.92B 56.26% 39.20% $5.39
2016 $10.19B 177.68% 36.97% $3.49
2015 $3.67B 25.44% 20.57% $1.29
2014 $2.92B 96.18% 23.58% $1.10