Meta Files 2023 10-K, Details Financials & Share Structure
Ticker: META · Form: 10-K · Filed: 2024-02-02T00:00:00.000Z
Sentiment: neutral
Topics: earnings, annual-report, financial-statements
TL;DR
**Meta's 2023 10-K is out, giving a full financial picture for investors.**
AI Summary
Meta Platforms, Inc. filed its 10-K for the fiscal year ended December 31, 2023, on February 2, 2024. The filing details the company's financial position and operations, including its Class A and Class B common stock as of January 26, 2024. This matters to investors because it provides a comprehensive, audited overview of Meta's financial health and performance, which is crucial for evaluating the company's stability and future growth prospects.
Why It Matters
This filing offers a deep dive into Meta's financial performance and shareholder structure, essential for investors to assess the company's value and potential risks.
Risk Assessment
Risk Level: medium — While a large, established company, Meta faces significant regulatory, competitive, and technological risks inherent in the social media and tech sectors.
Analyst Insight
Investors should review the full 10-K to understand Meta's detailed financial performance, risk factors, and strategic initiatives for the fiscal year ended December 31, 2023, before making investment decisions.
Key Numbers
- 0001326801 — Central Index Key (CIK) (Unique identifier for Meta Platforms, Inc. with the SEC)
- 137 — Public Document Count (Number of documents included in the filing)
- 20231231 — Conformed Period of Report (The fiscal year-end date for this 10-K)
- 20240202 — Filed As Of Date (The date the 10-K was officially filed)
- 001-35551 — SEC File Number (The specific identification number for Meta's filings with the SEC)
Key Players & Entities
- Meta Platforms, Inc. (company) — the company filing the 10-K
- 001-35551 (dollar_amount) — SEC file number for Meta Platforms, Inc.
- December 31, 2023 (date) — the end of the fiscal year reported
- February 2, 2024 (date) — the date the 10-K was filed
- January 26, 2024 (date) — date for which Class A and Class B common stock information is provided
Forward-Looking Statements
- Meta Platforms, Inc. will continue to focus on its core advertising business while investing in future technologies. (Meta Platforms, Inc.) — high confidence, target: 2024-12-31
FAQ
What is the fiscal year-end for Meta Platforms, Inc. as reported in this 10-K filing?
The conformed period of report for this 10-K filing is December 31, 2023, as indicated by 'CONFORMED PERIOD OF REPORT: 20231231'.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on February 2, 2024, as stated by 'FILED AS OF DATE: 20240202'.
What is the Central Index Key (CIK) for Meta Platforms, Inc.?
The Central Index Key (CIK) for Meta Platforms, Inc. is 0001326801, as specified under 'CENTRAL INDEX KEY: 0001326801'.
What was Meta Platforms, Inc.'s former company name and when did it change?
Meta Platforms, Inc.'s former company name was Facebook Inc, and the date of the name change was May 11, 2005, as indicated by 'FORMER CONFORMED NAME: Facebook Inc DATE OF NAME CHANGE: 20050511'.
What types of common stock are mentioned in the filing and for what date is this information provided?
The filing mentions us-gaap:CommonClassAMember (Class A Common Stock) and us-gaap:CommonClassBMember (Class B Common Stock) as of January 26, 2024.
From the Filing
0001326801-24-000012.txt : 20240202 0001326801-24-000012.hdr.sgml : 20240202 20240201193902 ACCESSION NUMBER: 0001326801-24-000012 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 137 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Meta Platforms, Inc. CENTRAL INDEX KEY: 0001326801 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 201665019 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35551 FILM NUMBER: 24588444 BUSINESS ADDRESS: STREET 1: 1 META WAY CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-543-4800 MAIL ADDRESS: STREET 1: 1 META WAY CITY: MENLO PARK STATE: CA ZIP: 94025 FORMER COMPANY: FORMER CONFORMED NAME: Facebook Inc DATE OF NAME CHANGE: 20050511 10-K 1 meta-20231231.htm 10-K meta-20231231 false 2023 FY 0001326801 965 915 264 P4Y P1Y P3Y http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 530 0001326801 2023-01-01 2023-12-31 0001326801 2023-06-30 iso4217:USD 0001326801 us-gaap:CommonClassAMember 2024-01-26 xbrli:shares 0001326801 us-gaap:CommonClassBMember 2024-01-26 0001326801 2023-12-31 0001326801 2022-12-31 iso4217:USD xbrli:shares 0001326801 us-gaap:CommonClassAMember 2023-12-31 0001326801 us-gaap:CommonClassAMember 2022-12-31 0001326801 us-gaap:CommonClassBMember 2022-12-31 0001326801 us-gaap:CommonClassBMember 2023-12-31 0001326801 2022-01-01 2022-12-31 0001326801 2021-01-01 2021-12-31 0001326801 us-gaap:CommonStockMember 2020-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001326801 us-gaap:RetainedEarningsMember 2020-12-31 0001326801 2020-12-31 0001326801 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001326801 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001326801 us-gaap:CommonStockMember 2021-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001326801 us-gaap:RetainedEarningsMember 2021-12-31 0001326801 2021-12-31 0001326801 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001326801 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001326801 us-gaap:CommonStockMember 2022-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001326801 us-gaap:RetainedEarningsMember 2022-12-31 0001326801 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001326801 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001326801 us-gaap:CommonStockMember 2023-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001326801 us-gaap:RetainedEarningsMember 2023-12-31 0001326801 meta:DataCenterAssetsMember 2023-01-01 2023-12-31 0001326801 meta:DataCenterAssetsMember 2022-01-01 2022-12-31 0001326801 meta:DataCenterAssetsMember 2021-01-01 2021-12-31 0001326801 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2023-12-31 0001326801 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2022-12-31 0001326801 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2021-12-31 0001326801 us-gaap:OtherAssetsMember 2023-12-31 0001326801 us-gaap:OtherAssetsMember 2022-12-31 0001326801 us-gaap:OtherAssetsMember 2021