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Facebook: quarterly net income 2010-2020

Facebook's net income from 1st quarter 2010 to 4th quarter 2020

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Source

Release date

January 2021

Region

Worldwide

Survey time period

Q1 2010 to Q4 2020

Special properties

GAAP net income

Supplementary notes

In the fourth quarter of 2016, Facebook elected to early adopt ASU 2016-09. As such, 2016 quarterly GAAP net income includes the impact of the ASU 2016-09 adoption. Q1 2019 includes a 3 billion U.S. dollar legal expense accrued in Q1 2019 related to the ongoing FTC matter as discussed in Q1 2019 press release. Q2 2019 includes an additional $2.0 billion legal expense accrued in the second quarter of 2019 related to the FTC settlement and $1.1 billion in income taxes due to the developments in AlteraCorp. v. Commissioner as discussed in Q2 2019 Press Release. Q3 of 2020 reflects a one-time income tax benefit of 913 million U.S. dollars related to effects of a tax election to capitalize and amortize certain research and development expenses for purposed related to the U.S. income tax.

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Statistics on "Facebook"

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