Meta Platforms Files 2024 10-K
Ticker: META · Form: 10-K · Filed: 2025-01-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
Meta's 2024 10-K is in! Full financials and risks for investors.
AI Summary
Meta Platforms, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The filing provides a comprehensive overview of the company's financial performance, business operations, and risk factors. Key financial data and operational details are presented for the fiscal years 2024, 2023, and 2022, with specific attention to common stock and additional paid-in capital.
Why It Matters
This 10-K filing is crucial for investors and analysts to understand Meta's financial health, strategic direction, and potential risks as of December 31, 2024.
Risk Assessment
Risk Level: medium — 10-K filings inherently contain forward-looking statements and discuss various business risks, making them medium-risk documents.
Key Numbers
- 2024 — Fiscal Year (Primary year for financial reporting in this 10-K)
- 2023 — Fiscal Year (Comparative year for financial reporting)
- 2022 — Fiscal Year (Comparative year for financial reporting)
Key Players & Entities
- Meta Platforms, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-01-30 (date) — Filing date
- Facebook Inc (company) — Former company name
FAQ
What is the primary business of Meta Platforms, Inc. as described in the 10-K?
The filing indicates Meta Platforms, Inc. operates in the 'SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.' sector (SIC code 7370).
When was the company formerly known as Facebook Inc.?
The company was formerly known as Facebook Inc. and its name change date was May 11, 2005.
What is the filing date of this 10-K report?
This 10-K report was filed on January 30, 2025.
What fiscal period does this 10-K report cover?
This 10-K report covers the fiscal period ending December 31, 2024.
What are some key financial reporting elements mentioned in the filing data?
The filing data mentions elements such as AccruedLiabilitiesCurrent, OtherLiabilitiesNoncurrent, CommonClassAMember, CommonClassBMember, CommonStockMember, and AdditionalPaidInCapitalMember.
From the Filing
0001326801-25-000017.txt : 20250130 0001326801-25-000017.hdr.sgml : 20250130 20250129200050 ACCESSION NUMBER: 0001326801-25-000017 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 135 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250130 DATE AS OF CHANGE: 20250129 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: 25570747 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-20241231.htm 10-K meta-20241231 false 2024 FY 0001326801 P4Y P1Y P5Y http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent 353 450 iso4217:USD xbrli:shares iso4217:USD xbrli:shares meta:segment meta:unit xbrli:pure meta:employee meta:objector meta:appeal iso4217:EUR meta:classAction meta:vote meta:shareBasedCompensationPlan meta:notice 0001326801 2024-01-01 2024-12-31 0001326801 2024-06-30 0001326801 us-gaap:CommonClassAMember 2025-01-24 0001326801 us-gaap:CommonClassBMember 2025-01-24 0001326801 2024-12-31 0001326801 2023-12-31 0001326801 us-gaap:CommonClassAMember 2023-12-31 0001326801 us-gaap:CommonClassAMember 2024-12-31 0001326801 us-gaap:CommonClassBMember 2024-12-31 0001326801 us-gaap:CommonClassBMember 2023-12-31 0001326801 2023-01-01 2023-12-31 0001326801 2022-01-01 2022-12-31 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 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 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0001326801 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0001326801 us-gaap:CommonStockMember 2024-12-31 0001326801 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001326801 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001326801 us-gaap:RetainedEarningsMember 2024-12-31 0001326801 meta:DataCenterAssetsMember 2024-01-01 2024-12-31 0001326801 meta:DataCenterAssetsMember 2023-01-01 2023-12-31 0001326801 meta:DataCenterAssetsMember 2022-01-01 2022-12-31 0001326801 us-gaap:SubsequentEventMember meta:ServersAndNetworkAssetsComponentsStoredBySuppliersMember 2025-01-29 0001326801 us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-12-31 0001326801 srt:Minimum