META FY 2011 Earnings Report — Meta Platforms, Inc. Revenue & Financial Results | Market Cap Arena

Meta Platforms, Inc.META

FY 2011 Earnings

Reported December 31, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$3.7B	—	—	—	—
Op. Income	$1.8B	—	—	—	—
Gross Margin	76.8%	—	—	—	—
Net Margin	26.9%	—	—	—	—
EPS (Diluted)	$0.43	—	—	—	—
Free Cash Flow	$943M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$860M
GROSS PROFIT	$2.9B
R&D Expenses	$388M
Selling & Marketing	$427M
General & Administrative	$280M
SG&A Expenses	$707M
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$2.0B
OPERATING INCOME	$1.8B
Interest Income	$4M
Interest Expense	$42M
Other Income/Expenses	-$61M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$695M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.0B
D&A	$323M
EBIT	$1.7B
EBITDA	$2.1B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$860M
GROSS PROFIT	$2.9B
R&D Expenses	$388M
Selling & Marketing	$427M
General & Administrative	$280M
SG&A Expenses	$707M
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$2.0B
OPERATING INCOME	$1.8B
Interest Income	$4M
Interest Expense	$42M
Other Income/Expenses	-$61M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$695M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.0B
D&A	$323M
EBIT	$1.7B
EBITDA	$2.1B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$1.0B
Depreciation & Amortization	$323M
Stock-Based Compensation	$217M
Deferred Income Tax	$433M
Other Non-Cash Items	-$459M
Change in Working Capital	$35M
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$606M
Acquisitions (Net)	-$24M
Purchases of Investments	-$3.0B
Sales/Maturities of Investments	$629M
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$3.0B
Net Debt Issuance	-$261M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$461M
NET CASH FROM FINANCING	$1.2B
FREE CASH FLOW	$943M
Net Change in Cash	-$273M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.5B
Short-Term Investments	$2.4B
Net Receivables	$547M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$4.6B
PP&E (Net)	$1.5B
Goodwill	$82M
Intangible Assets	$80M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$90M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$6.3B
Account Payables	$63M
Short-Term Debt	$0
Deferred Revenue	$90M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$899M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$135M
TOTAL NON-CURRENT LIABILITIES	$533M
TOTAL LIABILITIES	$1.4B
Common Stock	$0
Additional Paid-In Capital	$2.7B
Retained Earnings	$1.6B
Treasury Stock	$0
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.9B
Minority Interest	$0
TOTAL EQUITY	$4.9B
TOTAL LIABILITIES & EQUITY	$6.3B
Total Debt	$677M
Net Debt	-$835M