$META
Meta Platforms Inc

2023 Q2 Form 10-Q Financial Statement

#000132680123000093 Filed on July 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q2
Revenue $32.00B
YoY Change 11.02%
Cost Of Revenue $5.945B
YoY Change 14.5%
Gross Profit $26.05B
YoY Change 10.26%
Gross Profit Margin 81.42%
Selling, General & Admin $6.864B
YoY Change 4.28%
% of Gross Profit 26.35%
Research & Development $9.202B
YoY Change 5.89%
% of Gross Profit 35.32%
Depreciation & Amortization $2.623B
YoY Change 35.91%
% of Gross Profit 10.07%
Operating Expenses $16.07B
YoY Change 5.2%
Operating Profit $9.988B
YoY Change 19.5%
Interest Expense $62.00M
YoY Change 100.0%
% of Operating Profit 0.62%
Other Income/Expense, Net -$161.0M
YoY Change -6.4%
Pretax Income $9.293B
YoY Change 13.52%
Income Tax $1.505B
% Of Pretax Income 16.19%
Net Earnings $7.788B
YoY Change 16.46%
Net Earnings / Revenue 24.34%
Basic Earnings Per Share $3.03
Diluted Earnings Per Share $2.98
COMMON SHARES
Basic Shares Outstanding 2.568B shares
Diluted Shares Outstanding 2.612B shares

Balance Sheet

Concept 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.45B
YoY Change 32.41%
Cash & Equivalents $22.66B
Short-Term Investments $24.66B
Other Short-Term Assets $3.603B
YoY Change -9.31%
Inventory
Prepaid Expenses
Receivables $12.51B
Other Receivables $0.00
Total Short-Term Assets $69.56B
YoY Change 24.24%
LONG-TERM ASSETS
Property, Plant & Equipment $100.9B
YoY Change 23.48%
Goodwill $20.66B
YoY Change 2.13%
Intangibles $856.0M
YoY Change -11.3%
Long-Term Investments $6.208B
YoY Change 18158.82%
Other Assets $8.501B
YoY Change 95.7%
Total Long-Term Assets $137.1B
YoY Change 20.51%
TOTAL ASSETS
Total Short-Term Assets $69.56B
Total Long-Term Assets $137.1B
Total Assets $206.7B
YoY Change 21.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.865B
YoY Change -22.55%
Accrued Expenses $15.50B
YoY Change 0.49%
Deferred Revenue $494.0M
YoY Change 2.49%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $854.0M
YoY Change 994.87%
Total Short-Term Liabilities $29.92B
YoY Change 34.68%
LONG-TERM LIABILITIES
Long-Term Debt $18.96B
YoY Change 3450.75%
Other Long-Term Liabilities $23.77B
YoY Change 239.47%
Total Long-Term Liabilities $42.73B
YoY Change 510.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.92B
Total Long-Term Liabilities $42.73B
Total Liabilities $72.66B
YoY Change 65.08%
SHAREHOLDERS EQUITY
Retained Earnings $67.98B
YoY Change -1.83%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $134.0B
YoY Change
Total Liabilities & Shareholders Equity $206.7B
YoY Change 21.74%

Cashflow Statement

Concept 2023 Q2
OPERATING ACTIVITIES
Net Income $7.788B
YoY Change 16.46%
Depreciation, Depletion And Amortization $2.623B
YoY Change 35.91%
Cash From Operating Activities $17.31B
YoY Change 41.92%
INVESTING ACTIVITIES
Capital Expenditures $6.216B
YoY Change -182.09%
Acquisitions
YoY Change
Other Investing Activities $1.013B
YoY Change 65.25%
Cash From Investing Activities -$5.203B
YoY Change -25.23%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net -$898.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.292B
YoY Change -180.63%
NET CHANGE
Cash From Operating Activities 17.31B
Cash From Investing Activities -5.203B
Cash From Financing Activities 5.292B
Net Change In Cash 17.40B
YoY Change -1412.07%
FREE CASH FLOW
Cash From Operating Activities $17.31B
Capital Expenditures $6.216B
Free Cash Flow $11.09B
YoY Change -43.88%

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