Name | Value |
---|---|
Revenues | 34.1B |
Cost of Revenue | 6.2B |
Gross Profit | 27.9B |
Operating Expense | 14.2B |
Operating I/L | 14.1B |
Other Income/Expense | -0.1B |
Interest Income | 0.5B |
Pretax | 14.0B |
Income Tax Expense | 2.4B |
Net Income/Loss | 11.6B |
Meta Platforms, Inc. develops products for connecting and sharing through mobile devices, computers, virtual reality, and wearables. Its Family of Apps segment includes Facebook, Instagram, Messenger, and WhatsApp, facilitating social interaction, content sharing, and communication. The Reality Labs segment focuses on augmented and virtual reality products, offering consumer hardware, software, and content for immersive experiences. Meta Platforms, Inc. generates revenue through advertising, virtual reality hardware sales, and digital communication services, serving individuals and businesses globally.