Meta Platforms, Inc. Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

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 2010 to 2023.
  • 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), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $8.33B +$2.71B +48.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-02
2022 $5.62B -$2.3B -29% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-02
2021 $7.91B +$3.88B +96.2% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-02
2020 $4.03B -$2.29B -36.2% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-02
2019 $6.33B +$3.08B +94.7% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-03
2018 $3.25B -$1.41B -30.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-01-28
2017 $4.66B +$2.36B +103% Jan 1, 2017 Dec 31, 2017 10-K 2020-01-30
2016 $2.3B -$205M -8.18% Jan 1, 2016 Dec 31, 2016 10-K 2019-01-31
2015 $2.51B +$536M +27.2% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-01
2014 $1.97B +$716M +57.1% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-03
2013 $1.25B +$813M +184% Jan 1, 2013 Dec 31, 2013 10-K 2016-01-28
2012 $441M -$254M -36.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-01-29
2011 $695M +$293M +72.9% Jan 1, 2011 Dec 31, 2011 10-K 2014-01-31
2010 $402M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-01
* An asterisk sign (*) next to the value indicates that the value is likely invalid.