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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Meta Platforms. (January 29, 2025). Net income generated by Meta Platforms from 2nd quarter 2010 to 4th quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 10, 2025, from https://www.statista.com/statistics/223289/facebooks-quarterly-net-income/?__sso_cookie_checker=failed
Meta Platforms. "Net income generated by Meta Platforms from 2nd quarter 2010 to 4th quarter 2024 (in million U.S. dollars)." Chart. January 29, 2025. Statista. Accessed February 10, 2025. https://www.statista.com/statistics/223289/facebooks-quarterly-net-income/?__sso_cookie_checker=failed
Meta Platforms. (2025). Net income generated by Meta Platforms from 2nd quarter 2010 to 4th quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 10, 2025. https://www.statista.com/statistics/223289/facebooks-quarterly-net-income/?__sso_cookie_checker=failed
Meta Platforms. "Net Income Generated by Meta Platforms from 2nd Quarter 2010 to 4th Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Jan 2025, https://www.statista.com/statistics/223289/facebooks-quarterly-net-income/?__sso_cookie_checker=failed
Meta Platforms, Net income generated by Meta Platforms from 2nd quarter 2010 to 4th quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/223289/facebooks-quarterly-net-income/?__sso_cookie_checker=failed (last visited February 10, 2025)
Net income generated by Meta Platforms from 2nd quarter 2010 to 4th quarter 2024 (in million U.S. dollars) [Graph], Meta Platforms, January 29, 2025. [Online]. Available: https://www.statista.com/statistics/223289/facebooks-quarterly-net-income/?__sso_cookie_checker=failed