Meta Platforms Income Taxes 2010-2023 | META

Meta Platforms annual/quarterly income taxes history and growth rate from 2010 to 2023. Income taxes can be defined as the total amount of income tax expense for the given period.
  • Meta Platforms income taxes for the quarter ending December 31, 2023 were $2.790B, a 86.5% increase year-over-year.
  • Meta Platforms income taxes for the twelve months ending December 31, 2023 were $8.330B, a 48.25% increase year-over-year.
  • Meta Platforms annual income taxes for 2023 were $8.33B, a 48.25% increase from 2022.
  • Meta Platforms annual income taxes for 2022 were $5.619B, a 29% decline from 2021.
  • Meta Platforms annual income taxes for 2021 were $7.914B, a 96.18% increase from 2020.
Meta Platforms Annual Income Taxes
(Millions of US $)
2023 $8,330
2022 $5,619
2021 $7,914
2020 $4,034
2019 $6,327
2018 $3,249
2017 $4,660
2016 $2,301
2015 $2,506
2014 $1,970
2013 $1,254
2012 $441
2011 $695
2010 $402
2009 $25
Meta Platforms Quarterly Income Taxes
(Millions of US $)
2023-12-31 $2,790
2023-09-30 $2,437
2023-06-30 $1,505
2023-03-31 $1,598
2022-12-31 $1,496
2022-09-30 $1,181
2022-06-30 $1,499
2022-03-31 $1,443
2021-12-31 $2,418
2021-09-30 $1,371
2021-06-30 $2,119
2021-03-31 $2,006
2020-12-31 $1,835
2020-09-30 $287
2020-06-30 $953
2020-03-31 $959
2019-12-31 $1,820
2019-09-30 $1,238
2019-06-30 $2,216
2019-03-31 $1,053
2018-12-31 $1,090
2018-09-30 $775
2018-06-30 $762
2018-03-31 $622
2017-12-31 $3,193
2017-09-30 $529
2017-06-30 $594
2017-03-31 $344
2016-12-31 $965
2016-09-30 $537
2016-06-30 $471
2016-03-31 $328
2015-12-31 $996
2015-09-30 $536
2015-06-30 $554
2015-03-31 $420
2014-12-31 $412
2014-09-30 $530
2014-06-30 $595
2014-03-31 $433
2013-12-31 $607
2013-09-30 $301
2013-06-30 $212
2013-03-31 $134
2012-12-31 $441
2012-09-30 $431
2012-06-30 $-608
2012-03-31 $177
2011-12-31 $218
2011-09-30 $152
2011-06-30 $159
2011-03-31 $165
2010-12-31 $186
2010-09-30 $85
2010-06-30 $89
2010-03-31 $67
2009-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $1205.919B $134.902B
Meta Platforms is the world's largest social media platform. The company's portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger, these apps now form Meta's family of products used by billions of people on a monthly basis. Meta uses metrics like daily active users (DAUs) and monthly active users (MAUs) to measure Facebook's user base. Marketers buy ads that can appear on multiple platforms including Meta, Instagram, Messenger and third-party applications and websites. Meta, thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google, Twitter, Amazon and Snapchat-parent Snap. Meta also faces significant competition from the likes of Apple (messaging), YouTube (advertising and video), Bytedance (social media) and Tencent (messaging and social media).
Stock Name Country Market Cap PE Ratio
Palo Alto Networks (PANW) United States $95.531B 113.28
CrowdStrike (CRWD) United States $76.900B 648.86
PayPal Holdings (PYPL) United States $67.418B 16.15
Workday (WDAY) United States $64.933B 198.35
Snowflake (SNOW) United States $52.092B 0.00
Atlassian (TEAM) United States $46.815B 0.00
Fortinet (FTNT) United States $44.392B 39.53
Datadog (DDOG) United States $38.454B 289.67
Sea (SE) Singapore $37.268B 274.96
Veeva Systems (VEEV) United States $32.894B 69.36
HubSpot (HUBS) United States $29.893B 0.00
Pinterest (PINS) United States $29.137B 177.71
Snap (SNAP) United States $27.159B 0.00
MongoDB (MDB) United States $25.832B 0.00
Cloudflare (NET) United States $24.764B 0.00
Samsara (IOT) United States $21.883B 0.00
Zoom Video Communications (ZM) United States $18.801B 26.93
Topicus (TOITF) Canada $17.900B 92.90
Bentley Systems (BSY) United States $15.868B 69.63
Nice (NICE) Israel $14.011B 34.50
Aspen Technology (AZPN) United States $13.042B 37.17
Toast (TOST) United States $12.149B 0.00
Twilio (TWLO) United States $10.833B 0.00
Paycom Software (PAYC) United States $10.087B 21.67
F5 (FFIV) United States $10.025B 16.97
Dayforce (DAY) United States $9.340B 74.87
Unity Software (U) United States $9.324B 0.00
Paylocity Holding (PCTY) United States $9.243B 44.03
AppFolio (APPF) United States $8.883B 240.49
Informatica (INFA) United States $8.820B 80.78
Monday (MNDY) Israel $8.738B 0.00
GitLab (GTLB) United States $8.392B 0.00
Reddit (RDDT) United States $7.967B 0.00
KANZHUN LIMITED (BZ) China $7.648B 61.73
Trump Media & Technology Group (DJT) United States $7.435B 0.00
HashiCorp (HCP) United States $6.537B 0.00
BILL Holdings (BILL) United States $6.121B 221.81
Rubrik (RBRK) $5.911B 0.00
Tenable Holdings (TENB) United States $5.387B 0.00
Smartsheet (SMAR) United States $5.338B 0.00
StoneCo (STNE) Cayman Islands $5.248B 17.40
Vertex (VERX) United States $4.712B 117.42
Workiva (WK) United States $4.517B 0.00
Clearwater Analytics Holdings (CWAN) United States $4.446B 0.00
Alight (ALIT) United States $4.329B 17.48
Clarivate (CLVT) United Kingdom $4.170B 9.31
JFrog (FROG) United States $4.139B 0.00
Freshworks (FRSH) United States $4.120B 0.00
Kingdee Software Group (KGDEY) China $4.096B 0.00
Five9 (FIVN) United States $3.956B 0.00
Box (BOX) United States $3.762B 217.17
BlackLine (BL) United States $3.647B 147.48
NCino (NCNO) United States $3.519B 1027.00
Asana (ASAN) United States $3.329B 0.00
DoubleVerify Holdings (DV) United States $3.235B 49.55
Evolent Health (EVH) United States $3.112B 48.14
DigitalOcean Holdings (DOCN) United States $2.971B 55.22
Intapp (INTA) United States $2.698B 0.00
Rumble (RUM) United States $2.660B 0.00
Paycor HCM (PYCR) United States $2.628B 98.40
Alkami Technology (ALKT) United States $2.571B 0.00
Ziff Davis (ZD) United States $2.544B 9.57
AvidXchange Holdings (AVDX) United States $2.368B 0.00
Rapid7 (RPD) United States $2.365B 94.85
Appian (APPN) United States $2.287B 0.00
SEMrush Holdings (SEMR) United States $2.210B 169.89
ODDITY Tech (ODD) Israel $2.162B 32.77
Compass (COMP) United States $1.995B 0.00
SolarWinds (SWI) United States $1.973B 21.72
Calix (CALX) United States $1.970B 42.96
PagerDuty (PD) United States $1.890B 0.00
Grindr (GRND) United States $1.854B 40.73
EverCommerce (EVCM) United States $1.804B 0.00
E2open Parent Holdings (ETWO) United States $1.676B 27.33
Getty Images Holdings (GETY) United States $1.581B 27.64
Udemy (UDMY) United States $1.552B 0.00
Diebold Nixdorf (DBD) United States $1.540B 0.00
Zuora (ZUO) United States $1.534B 0.00
Bumble (BMBL) United States $1.482B 67.35
Everbridge (EVBG) United States $1.443B 112.16
Docebo (DCBO) Canada $1.411B 80.09
Arlo Technologies (ARLO) United States $1.352B 0.00
Couchbase (BASE) United States $1.304B 0.00
Magnite (MGNI) United States $1.292B 115.38
VTEX (VTEX) United Kingdom $1.250B 0.00
Enfusion (ENFN) United States $1.186B 231.50
Model N (MODN) United States $1.173B 135.23
Fastly (FSLY) United States $1.168B 0.00
PubMatic (PUBM) United States $1.124B 107.00
Soho House & Co (SHCO) United Kingdom $1.004B 0.00
Nextdoor Holdings (KIND) United States $0.929B 0.00
Tuya (TUYA) China $0.923B 0.00
Riskified (RSKD) United States $0.900B 0.00
Hello Group (MOMO) China $0.881B 4.41
Radware (RDWR) Israel $0.874B 0.00
Kingsoft Cloud Holdings (KC) China $0.842B 0.00
Olo (OLO) United States $0.769B 0.00
Yalla Group (YALA) $0.761B 7.62
Thryv Holdings (THRY) United States $0.755B 110.95
I3 Verticals (IIIV) United States $0.740B 25.19
WalkMe (WKME) Israel $0.712B 0.00
Blend Labs (BLND) United States $0.701B 0.00
Planet Labs PBC (PL) United States $0.607B 0.00
Cognyte Software (CGNT) Israel $0.543B 0.00
Chegg (CHGG) United States $0.504B 61.62
CS Disco (LAW) United States $0.490B 0.00
ONESPAN INC (OSPN) United States $0.472B 43.00
Jiayin Group (JFIN) China $0.358B 1.97
8x8 Inc (EGHT) United States $0.347B 0.00
Consensus Cloud Solutions (CCSI) United States $0.346B 3.79
Porch (PRCH) United States $0.331B 0.00
Arteris (AIP) United States $0.324B 0.00
Backblaze (BLZE) United States $0.309B 0.00
Materialise (MTLS) Belgium $0.307B 26.00
ReposiTrak (TRAK) United States $0.300B 56.79
Innovid (CTV) Israel $0.288B 0.00
Domo (DOMO) United States $0.280B 0.00
ON24 (ONTF) United States $0.265B 0.00
Digital Turbine (APPS) United States $0.229B 10.18
Rimini Street (RMNI) United States $0.213B 6.74
D-Wave Quantum (QBTS) United States $0.212B 0.00
Audioeye (AEYE) United States $0.211B 0.00
EGain (EGAN) United States $0.207B 23.64
Perfect (PERF) Taiwan $0.198B 29.12
Kaltura (KLTR) United States $0.182B 0.00
Rekor Systems (REKR) United States $0.154B 0.00
ZeroFox Holdings (ZFOX) United States $0.141B 0.00
TIAN GE INTERAC (TGRVF) China $0.137B 0.00
Plum Acquisition I (PLMI) United States $0.125B 0.00
Cheetah Mobile (CMCM) China $0.121B 0.00
Sangoma Technologies (SANG) Canada $0.108B 0.00
Synchronoss Technologies (SNCR) United States $0.094B 0.00
Upland Software (UPLD) United States $0.082B 9.00
SurgePays (SURG) United States $0.079B 2.94
Quantum Computing (QUBT) United States $0.069B 0.00
KOREs (KORE) United States $0.067B 0.00
LeddarTech Holdings (LDTC) Canada $0.064B 0.00
Phunware (PHUN) United States $0.059B 0.00
GAN (GAN) United States $0.057B 0.00
Edgio (EGIO) United States $0.055B 0.00
IZEA WORLDWIDE, INC (IZEA) United States $0.048B 0.00
Inseego (INSG) United States $0.046B 0.00
Wireless Ronin Technologies (CREX) United States $0.042B 0.00
MIND C.T.I (MNDO) Israel $0.039B 7.66
MariaDB (MRDB) United States $0.034B 0.00
2U (TWOU) United States $0.031B 0.00
MultiSensor AI Holdings (MSAI) United States $0.030B 0.00
ARB IOT Group (ARBB) Singapore $0.026B 0.00
VirnetX Holding Corp (VHC) United States $0.017B 0.00
Aurora Mobile (JG) China $0.017B 0.00
MF (MFI) $0.016B 0.00
Nvni Group (NVNI) United States $0.014B 0.00
EzFill Holdings (EZFL) United States $0.013B 0.00
Iveda Solutions (IVDA) United States $0.013B 0.00
Shiftpixy (PIXY) United States $0.012B 0.00
OneMedNet (ONMD) United States $0.012B 0.00
ICoreConnect (ICCT) United States $0.012B 0.00
CISO Global (CISO) United States $0.012B 0.00
Verb Technology (VERB) United States $0.011B 0.00
Next Technology Holding (NXTT) China $0.011B 0.00
Amesite (AMST) United States $0.008B 0.00
Collective Audience (CAUD) United States $0.008B 0.00
WaveDancer (WAVD) United States $0.006B 0.00
DatChat (DATS) United States $0.005B 0.00
Locafy (LCFY) Australia $0.004B 0.00
Versus Systems (VS) Canada $0.004B 0.00
SCWorx (WORX) United States $0.003B 0.00
Oblong (OBLG) United States $0.002B 0.00
My Size (MYSZ) Israel $0.002B 0.00
BYND Cannasoft Enterprises (BCAN) Israel $0.001B 0.00
Qutoutiao (QTT) China $0.000B 0.00
Castlight Health, Inc (CSLT) United States $0.000B 0.00
ForgeRock (FORG) United States $0.000B 0.00
Karooooo (KARO) Singapore $0.000B 22.82
Cloopen (RAAS) China $0.000B 0.00