Meta Platforms, Inc. Quarterly Income Tax Expense (Benefit) in USD from Q2 2011 to Q3 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Meta Platforms, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q2 2011 to Q3 2024.
  • Meta Platforms, Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $2.13B, a 12.4% decline year-over-year.
  • Meta Platforms, Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $8.38B, a 19.1% increase year-over-year.
  • Meta Platforms, Inc. annual Income Tax Expense (Benefit) for 2023 was $8.33B, a 48.2% increase from 2022.
  • Meta Platforms, Inc. annual Income Tax Expense (Benefit) for 2022 was $5.62B, a 29% decline from 2021.
  • Meta Platforms, Inc. annual Income Tax Expense (Benefit) for 2021 was $7.91B, a 96.2% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $8.38B $2.13B -$303M -12.4% Jul 1, 2024 Sep 30, 2024 10-Q 2024-10-31
Q2 2024 $8.68B $1.64B +$136M +9.04% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-01
Q1 2024 $8.55B $1.81B +$216M +13.5% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-25
Q4 2023 $8.33B $2.79B +$1.29B +86.5% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-02
Q3 2023 $7.04B $2.44B +$1.26B +106% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-31
Q2 2023 $5.78B $1.51B +$6M +0.4% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-01
Q1 2023 $5.77B $1.6B +$155M +10.7% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-25
Q4 2022 $5.62B $1.5B -$922M -38.1% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-02
Q3 2022 $6.54B $1.18B -$190M -13.9% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-26
Q2 2022 $6.73B $1.5B -$620M -29.3% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-27
Q1 2022 $7.35B $1.44B -$563M -28.1% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-27
Q4 2021 $7.91B $2.42B +$583M +31.8% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-02
Q3 2021 $7.33B $1.37B +$1.08B +378% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-27
Q2 2021 $6.25B $2.12B +$1.17B +122% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-28
Q1 2021 $5.08B $2.01B +$1.05B +109% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-28
Q4 2020 $4.03B $1.84B +$15M +0.82% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-02
Q3 2020 $4.02B $287M -$951M -76.8% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-26
Q2 2020 $4.97B $953M -$1.26B -57% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-29
Q1 2020 $6.23B $959M -$94M -8.93% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-29
Q4 2019 $6.33B $1.82B +$730M +67% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-03
Q3 2019 $5.6B $1.24B +$463M +59.7% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-30
Q2 2019 $5.13B $2.22B +$1.45B +191% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-31
Q1 2019 $3.68B $1.05B +$431M +69.3% Jan 1, 2019 Mar 31, 2019 10-Q 2020-04-30
Q4 2018 $3.25B $1.09B -$2.1B -65.9% Oct 1, 2018 Dec 31, 2018 10-K 2021-01-28
Q3 2018 $5.35B $775M +$246M +46.5% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-31
Q2 2018 $5.11B $762M +$168M +28.3% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-25
Q1 2018 $4.94B $622M +$278M +80.8% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-25
Q4 2017 $4.66B $3.19B +$2.23B +231% Oct 1, 2017 Dec 31, 2017 10-K 2020-01-30
Q3 2017 $2.43B $529M -$8M -1.49% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-31
Q2 2017 $2.44B $594M +$123M +26.1% Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-26
Q1 2017 $2.32B $344M +$16M +4.88% Jan 1, 2017 Mar 31, 2017 10-Q 2018-04-26
Q4 2016 $2.3B $965M -$31M -3.11% Oct 1, 2016 Dec 31, 2016 10-K 2019-01-31
Q3 2016 $2.33B $537M +$1M +0.19% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-02
Q2 2016 $2.33B $471M -$83M -15% Apr 1, 2016 Jun 30, 2016 10-Q 2017-07-27
Q1 2016 $2.41B $328M -$92M -21.9% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-04
Q4 2015 $2.51B $996M +$584M +142% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-01
Q3 2015 $1.92B $536M +$6M +1.13% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-03
Q2 2015 $1.92B $554M -$41M -6.89% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-28
Q1 2015 $1.96B $420M -$13M -3% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-28
Q4 2014 $1.97B $412M -$195M -32.1% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-03
Q3 2014 $2.17B $530M +$229M +76.1% Jul 1, 2014 Sep 30, 2014 10-Q 2015-11-05
Q2 2014 $1.94B $595M +$383M +181% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-31
Q1 2014 $1.55B $433M +$299M +223% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-23
Q4 2013 $1.25B $607M +$166M +37.6% Oct 1, 2013 Dec 31, 2013 10-K 2016-01-28
Q3 2013 $1.09B $301M -$130M -30.2% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-30
Q2 2013 $1.22B $212M +$820M Apr 1, 2013 Jun 30, 2013 10-Q 2014-07-24
Q1 2013 $398M $134M -$43M -24.3% Jan 1, 2013 Mar 31, 2013 10-Q 2014-04-25
Q4 2012 $441M $441M Oct 1, 2012 Dec 31, 2012 10-K 2015-01-29
Q3 2012 $431M +$279M +184% Jul 1, 2012 Sep 30, 2012 10-Q 2013-11-01
Q2 2012 -$608M -$767M -482% Apr 1, 2012 Jun 30, 2012 10-Q 2013-07-25
Q1 2012 $177M Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-02
Q3 2011 $152M Jul 1, 2011 Sep 30, 2011 10-Q 2012-10-24
Q2 2011 $159M Apr 1, 2011 Jun 30, 2011 10-Q 2012-07-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.