Meta Platforms Q1 2024 10-Q Filing
Ticker: META · Form: 10-Q · Filed: 2024-04-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
Related Tickers: META
TL;DR
Meta's Q1 2024 10-Q is in. Get the latest on financials.
AI Summary
Meta Platforms, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details the company's financial performance and position, including its assets, liabilities, and equity as of March 31, 2024, and December 31, 2023. It also covers the financial results for the three months ended March 31, 2024, and the comparable period in 2023.
Why It Matters
This filing provides investors with a detailed look at Meta's financial health and operational performance for the first quarter of 2024, crucial for understanding the company's trajectory.
Risk Assessment
Risk Level: medium — 10-Q filings are standard for public companies, but the specific financial details and any disclosed risks can impact investor sentiment.
Key Numbers
- 2024-03-31 — Reporting Period End Date (Key date for financial statement comparison)
- 2023-12-31 — Prior Year End Date (Key date for balance sheet comparison)
- 2024-01-01 to 2024-03-31 — Q1 2024 Period (Financial performance period)
- 2023-01-01 to 2023-03-31 — Q1 2023 Period (Comparable prior period for performance)
Key Players & Entities
- Meta Platforms, Inc. (company) — Filer of the 10-Q
- 20240331 (date) — End of reporting period
- 20240425 (date) — Filing date
- 2024-01-01 (date) — Start of Q1 2024 reporting period
- 2023-03-31 (date) — End of comparable prior period
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended March 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on April 25, 2024.
What are the key dates for financial statement comparison mentioned in the filing header?
Key dates for financial statement comparison include March 31, 2024, December 31, 2023, and March 31, 2023.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001326801.
What is the SEC file number for Meta Platforms, Inc.?
The SEC file number for Meta Platforms, Inc. is 001-35551.
From the Filing
0001326801-24-000049.txt : 20240425 0001326801-24-000049.hdr.sgml : 20240425 20240424201419 ACCESSION NUMBER: 0001326801-24-000049 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 106 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240425 DATE AS OF CHANGE: 20240424 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35551 FILM NUMBER: 24872422 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-Q 1 meta-20240331.htm 10-Q meta-20240331 false 2024 Q1 0001326801 12/31 645 274 268 0001326801 2024-01-01 2024-03-31 0001326801 us-gaap:CommonClassAMember 2024-04-19 xbrli:shares 0001326801 us-gaap:CommonClassBMember 2024-04-19 0001326801 2024-03-31 iso4217:USD 0001326801 2023-12-31 iso4217:USD xbrli:shares 0001326801 us-gaap:CommonClassAMember 2024-03-31 0001326801 us-gaap:CommonClassAMember 2023-12-31 0001326801 us-gaap:CommonClassBMember 2023-12-31 0001326801 us-gaap:CommonClassBMember 2024-03-31 0001326801 2023-01-01 2023-03-31 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 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 2022-12-31 0001326801 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001326801 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001326801 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001326801 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001326801 us-gaap:CommonStockMember 2024-03-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001326801 us-gaap:RetainedEarningsMember 2024-03-31 0001326801 us-gaap:CommonStockMember 2023-03-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001326801 us-gaap:RetainedEarningsMember 2023-03-31 0001326801 2023-03-31 0001326801 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2024-03-31 0001326801 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2023-03-31 0001326801 us-gaap:OtherAssetsMember 2024-03-31 0001326801 us-gaap:OtherAssetsMember 2023-03-31 0001326801 us-gaap:AdvertisingMember meta:FamilyOfAppsMember 2024-01-01 2024-03-31 0001326801 us-gaap:AdvertisingMember meta:FamilyOfAppsMember 2023-01-01 2023-03-31 0001326801 us-gaap:ServiceOtherMember meta:FamilyOfAppsMember 2024-01-01 2024-03-31 0001326801 us-gaap:ServiceOtherMember meta:FamilyOfAppsMember 2023-01-01 2023-03-31 0001326801 meta:FamilyOfAppsMember 2024-01-01 2024-03-31 0001326801 meta:FamilyOfAppsMember 2023-01-01 2023-03-31 0001326801 meta:RealityLabsMember 2024-01-01 2024-03-31 0001326801 meta:RealityLabsMember 2023-01-01 2023-03-31 0001326801 meta:USCanadaMember 2024-01-01 2024-03-31 0001326801 meta:USCanadaMember 2023-01-01 2023-03-31 0001326801 srt:EuropeMember 2024-01-01 2024-03-31 0001326801 srt:EuropeMember 2023-0