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← Filings of META

Tables in the 10-Q of Meta Platforms, Inc.

47 tables with numbers, filed Jul 28, 2022. Each one downloads as an Excel file or a CSV (numbers are stored as numbers), with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

Table 1 after “Indicate the number of shares outstanding of each of the issuer's classes of Common Stock, as of the latest practicable date.”

ClassNumber of Shares Outstanding
Class A Common Stock$0.000006 par value2,280,672,002shares outstanding as of July 22, 2022
Class B Common Stock$0.000006 par value406,876,470shares outstanding as of July 22, 2022

Table 2 after “TABLE OF CONTENTS”

Page
Note About Forward-Looking Statements3
Limitations of Key Metrics and Other Data4
PART I—FINANCIAL INFORMATION7
Item 1.Financial Statements (unaudited)7
Condensed Consolidated Balance Sheets—June 30, 2022 and December 31, 20217
Condensed Consolidated Statements of Income—for the three and six months ended June 30, 2022 and 20218
Condensed Consolidated Statements of Comprehensive Income—for the three and six months ended June 30, 2022 and 20219

First 8 of 20 rows. The download has all of them.

Table 3 after “(Unaudited)”

June 30, 2022December 31, 2021
Assets
Current assets:
Cash and cash equivalents$12,681$16,601
Marketable securities27,80831,397
Accounts receivable, net11,52514,039
Prepaid expenses and other current assets3,9734,629
Total current assets55,98766,666

First 8 of 34 rows. The download has all of them.

Table 4 after “(Unaudited)”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenue$28,822$29,077$56,729$55,248
Costs and expenses:
Cost of revenue5,1925,39911,19710,530
Research and development8,6906,09616,39711,293
Marketing and sales3,5953,2596,9076,102
General and administrative2,9871,9565,3473,578

First 8 of 26 rows. The download has all of them.

Table 5 after “(Unaudited)”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Net income$6,687$10,394$14,152$19,892
Other comprehensive income (loss):
Change in foreign currency translation adjustment, net of tax(1,076)169(1,435)(432)
Change in unrealized gain (loss) on available-for-sale investments and other, net of tax(339)(38)(1,283)(210)
Comprehensive income$5,272$10,525$11,434$19,250

Table 6 after “(Unaudited)”

Three Months Ended June 30, 2022Three Months Ended June 30, 2021
Class A and Class B Common StockAdditional Paid-In CapitalAccumulated Other Comprehensive LossRetained EarningsTotal Stockholders' EquityClass A and Class B Common StockAdditional Paid-In CapitalAccumulated Other Comprehensive IncomeRetained EarningsTotal Stockholders' Equity
SharesPar ValueSharesPar Value
Balances at beginning of period2,714$—$57,512$(1,996)$67,712$123,2282,841$—$51,160$154$82,343$133,657
Issuance of common stock14—————11—————
Shares withheld related to net share settlement(5)—(934)—(68)(1,002)(4)—(863)—(491)(1,354)
Share-based compensation——3,351——3,351——2,548——2,548
Share repurchases(26)———(5,082)(5,082)(22)———(7,149)(7,149)

First 8 of 22 rows. The download has all of them.

Table 7 after “(Unaudited)”

Six Months Ended June 30,
20222021
Cash flows from operating activities
Net income$14,152$19,892
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization4,1353,958
Share-based compensation5,8504,379
Deferred income taxes(1,016)647

First 8 of 44 rows. The download has all of them.

Table 8 after “(Unaudited)”

Six Months Ended June 30,
20222021
Supplemental cash flow data
Cash paid for income taxes, net$2,641$6,294
Non-cash investing and financing activities:
Property and equipment in accounts payable and accrued expenses and other current liabilities$4,543$2,249
Settlement of convertible notes with marketable equity securities$131$—
Other current assets through financing arrangement in accrued expenses and other current liabilities$214$381

First 8 of 9 rows. The download has all of them.

Table 9 after “Revenue disaggregated by revenue source and by segment consists of the following (in millions). For comparative purposes, amounts in the pri”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Advertising$28,152$28,580$55,150$54,018
Other revenue218192433391
Family of Apps28,37028,77255,58354,409
Reality Labs4523051,146839
Total revenue$28,822$29,077$56,729$55,248

Table 10 after “Revenue disaggregated by geography, based on the addresses of our customers, consists of the following (in millions):”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
United States and Canada (1)$12,186$12,612$23,965$24,048
Europe (2)6,6507,22013,28813,604
Asia-Pacific6,9606,67713,68212,778
Rest of World (2)3,0262,5685,7944,818
Total revenue$28,822$29,077$56,729$55,248

Table 11 after “The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, excep”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Class AClass BClass AClass BClass AClass BClass AClass B
Basic EPS:
Numerator
Net income$5,673$1,014$8,785$1,609$12,009$2,143$16,810$3,082
Denominator
Shares used in computation of basic earnings per share2,2944102,3954392,3034112,401440

First 8 of 21 rows. The download has all of them.

Table 12 after “The following table sets forth the cash, cash equivalents, and marketable securities by major security type, and restricted cash (in million”

June 30, 2022December 31, 2021
Cash and cash equivalents:
Cash$6,322$7,308
Money market funds3,8798,850
U.S. government securities62425
U.S. government agency securities1,122108
Certificates of deposit and time deposits356250
Corporate debt securities37860

First 8 of 22 rows. The download has all of them.

Table 13 after “The following table summarizes our available-for-sale marketable debt securities and cash equivalents with unrealized losses as of June 30, ”

June 30, 2022
Less than 12 months12 months or greaterTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. government securities$8,599$(301)$212$(13)$8,811$(314)
U.S. government agency securities4,414(132)1,744(131)6,158(263)
Corporate debt securities12,200(700)666(53)12,866(753)
Total$25,213$(1,133)$2,622$(197)$27,835$(1,330)

Table 14 after “The following table classifies our marketable debt securities by contractual maturities (in millions):”

June 30, 2022
Due within one year$3,276
Due after one year to five years24,407
Total$27,683

Table 15 after “Our non-marketable equity securities are investments in privately-held companies without readily determinable fair values. The following tab”

June 30, 2022December 31, 2021
Non-marketable equity securities under measurement alternative:
Initial cost$6,385$6,480
Cumulative upward adjustments293311
Cumulative impairment/downward adjustments(176)(50)
Carrying value6,5026,741
Non-marketable equity securities under equity method3434
Total$6,536$6,775

Table 16 after “The following table summarizes our assets measured at fair value on a recurring basis and the classification by level of input within the fa”

Fair Value Measurement at Reporting Date Using
DescriptionJune 30, 2022Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Cash equivalents:
Money market funds$3,879$3,879$—$—
U.S. government securities624624——
U.S. government agency securities1,1221,122——
Certificates of deposit and time deposits356—356—
Corporate debt securities378—378—

First 8 of 16 rows. The download has all of them.

Table 17 after “The following table summarizes our assets measured at fair value on a recurring basis and the classification by level of input within the fa”

Fair Value Measurement at Reporting Date Using
DescriptionDecember 31, 2021Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Cash equivalents:
Money market funds$8,850$8,850$—$—
U.S. government securities2525——
U.S. government agency securities108108——
Certificates of deposit and time deposits250—250—
Corporate debt securities60—60—

First 8 of 15 rows. The download has all of them.

Table 18 after “Property and equipment, net consists of the following (in millions):”

June 30, 2022December 31, 2021
Land$1,703$1,688
Servers and network assets28,99625,584
Buildings23,94622,531
Leasehold improvements6,1265,795
Equipment and other5,1474,764
Finance lease right-of-use assets3,0042,840
Construction in progress21,10014,687

First 8 of 11 rows. The download has all of them.

Table 19 after “The components of lease costs are as follows (in millions):”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Finance lease cost
Amortization of right-of-use assets$95$83$193$164
Interest4487
Operating lease cost435371846733
Variable lease cost and other, net8659176126
Total lease cost$620$517$1,223$1,030

Table 20 after “Supplemental balance sheet information related to leases is as follows:”

June 30, 2022December 31, 2021
Weighted-average remaining lease term
Finance leases13.9 years13.9 years
Operating leases12.9 years13.0 years
Weighted-average discount rate
Finance leases2.7%2.7%
Operating leases2.9%2.8%

Table 21 after “The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2022 (in millions):”

Operating LeasesFinance Leases
The remainder of 2022$732$60
20231,75270
20241,84352
20251,60648
20261,55149
Thereafter12,424452
Total undiscounted cash flows19,908731

First 8 of 13 rows. The download has all of them.

Table 22 after “Supplemental cash flow information related to leases is as follows (in millions):”

Six Months Ended June 30,
20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$779$682
Operating cash flows for finance leases$8$7
Financing cash flows for finance leases$452$274
Lease liabilities arising from obtaining right-of-use assets:
Operating leases$3,073$1,941

First 8 of 9 rows. The download has all of them.

Table 23 after “Changes in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2022 are as follows (in millions):”

Family of AppsReality LabsTotal
Goodwill at December 31, 2021$18,458$739$19,197
Acquisitions7733011,074
Adjustments—(42)(42)
Goodwill at June 30, 2022$19,231$998$20,229

Table 24 after “The following table sets forth the major categories of the intangible assets and the weighted‑average remaining useful lives for those asset”

June 30, 2022December 31, 2021
Weighted-Average Remaining Useful Lives (in years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Acquired technology5.3$630$(225)$405$1,412$(1,169)$243
Acquired patents3.0390(301)89827(722)105
Trade names3.923(3)20644(633)11
Other9.898(18)80176(167)9
Total finite-lived assets1,141(547)5943,059(2,691)368
Total indefinite-lived assetsN/A371—371266—266

First 8 of 9 rows. The download has all of them.

Table 25 after “As of June 30, 2022, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter”

The remainder of 2022$99
2023146
2024118
202576
202635
Thereafter120
Total$594

Table 26 after “The following is a schedule, by years, of non-cancelable contractual commitments as of June 30, 2022 (in millions):”

The remainder of 2022$11,777
20237,633
20241,465
2025425
2026295
Thereafter2,565
Total$24,160

Table 27 after “The following table summarizes the activities for our unvested RSUs for the six months ended June 30, 2022:”

Number of SharesWeighted-Average Grant Date Fair Value Per Share
(in thousands)
Unvested at December 31, 202198,848$244.32
Granted83,867$208.24
Vested(25,014)$220.46
Forfeited(8,515)$233.14
Unvested at June 30, 2022149,186$228.67

Table 28 after “For comparative purposes, amounts in the prior periods have been recast:”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenue:
Family of Apps$28,370$28,772$55,583$54,409
Reality Labs4523051,146839
Total revenue$28,822$29,077$56,729$55,248
Income (loss) from operations:
Family of Apps$11,164$14,799$22,647$28,004

First 8 of 10 rows. The download has all of them.

Table 29 after “The following table sets forth our long-lived assets by geographic area, which consist of property and equipment, net and operating lease ri”

June 30, 2022December 31, 2021
United States$67,040$55,497
Rest of the world (1)14,67814,467
Total long-lived assets$81,718$69,964

Table 30 after “For comparative purposes, amounts in the prior periods have been recast:”

Family of AppsReality LabsTotal
Three Months Ended June 30,% changeThree Months Ended June 30,% changeThree Months Ended June 30,% change
202220212022202120222021
(dollars in millions)
Revenue$28,370$28,772(1)%$452$30548%$28,822$29,077(1)%
Costs and expenses$17,206$13,97323%$3,258$2,73719%$20,464$16,71022%
Income (loss) from operations$11,164$14,799(25)%$(2,806)$(2,432)(15)%$8,358$12,367(32)%
Operating margin39%51%(621)%(797)%29%43%

Table 31 after “We define ARPP as our total revenue during a given quarter, divided by the average of the number of MAP at the beginning and end of the quar”

ARPP:$6.10$6.76$8.62$7.75$8.36$8.18$9.39$7.72$7.91
Ad RevenueNon-Ad Revenue

Table 32 after “We calculate our revenue by user geography based on our estimate of the geography in which ad impressions are delivered, virtual and digital”

ARPU:$2.99$3.67$4.05$3.94$4.16$4.30$4.89$4.47$4.54ARPU:$1.78$2.22$2.77$2.64$3.05$3.14$3.43$3.14$3.35
Ad RevenueNon-Ad Revenue

Table 33 after “The following table sets forth our condensed consolidated statements of income data (in millions):”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenue$28,822$29,077$56,729$55,248
Costs and expenses:
Cost of revenue5,1925,39911,19710,530
Research and development8,6906,09616,39711,293
Marketing and sales3,5953,2596,9076,102
General and administrative2,9871,9565,3473,578

First 8 of 14 rows. The download has all of them.

Table 34 after “:”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenue100%100%100%100%
Costs and expenses:
Cost of revenue18192019
Research and development30212920
Marketing and sales12111211
General and administrative10796

First 8 of 14 rows. The download has all of them.

Table 35 after “Share-based compensation expense included in costs and expenses (in millions):”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Cost of revenue$213$163$373$281
Research and development2,6061,9674,5473,376
Marketing and sales289239506413
General and administrative243179424309
Total share-based compensation expense$3,351$2,548$5,850$4,379

Table 36 after “:”

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Cost of revenue1%1%1%1%
Research and development9786
Marketing and sales1111
General and administrative1111
Total share-based compensation expense12%9%10%8%

Table 37 after “The following table sets forth our revenue by source and by segment. For comparative purposes, amounts in the prior periods have been recast”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Advertising$28,152$28,580(1)%$55,150$54,0182%
Other revenue21819214%43339111%
Family of Apps28,37028,772(1)%55,58354,4092%
Reality Labs45230548%1,14683937%
Total revenue$28,822$29,077(1)%$56,729$55,2483%

Table 38 after “Cost of revenue”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Cost of revenue$5,192$5,399(4)%$11,197$10,5306%
Percentage of revenue18%19%20%19%

Table 39 after “Research and development”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Research and development$8,690$6,09643%$16,397$11,29345%
Percentage of revenue30%21%29%20%

Table 40 after “Marketing and sales”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Marketing and sales$3,595$3,25910%$6,907$6,10213%
Percentage of revenue12%11%12%11%

Table 41 after “General and administrative”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
General and administrative$2,987$1,95653%$5,347$3,57849%
Percentage of revenue10%7%9%6%

Table 42 after “The following table sets forth income (loss) from operations by segment. For comparative purposes, amounts in the prior periods have been re”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Family of Apps$11,164$14,799(25)%$22,647$28,004(19)%
Reality Labs(2,806)(2,432)(15)%(5,766)(4,259)(35)%
Total income from operations$8,358$12,367(32)%$16,881$23,745(29)%

Table 43 after “Interest and other income (expense)”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Interest income$91$121(25)%$167$239(30)%
Foreign currency exchange gains (losses), net(60)—(100)%(6)(93)94%
Other income (expense), net(203)25NM52125(58)%
Interest and other income (expense)$(172)$146(218)%$213$271(21)%

Table 44 after “Provision for income taxes”

Three Months Ended June 30,Six Months Ended June 30,
20222021% change20222021% change
(in millions, except percentages)
Provision for income taxes$1,499$2,119(29)%$2,942$4,124(29)%
Effective tax rate18%17%17%17%

Table 45 after “The following table presents our cash flows (in millions):”

Six Months Ended June 30,
20222021
Net cash provided by operating activities$26,272$25,489
Net cash used in investing activities$(11,738)$(13,069)
Net cash used in financing activities$(17,223)$(13,734)

Table 46 after “The following table summarizes the share repurchase activity for the three months ended June 30, 2022:”

Total Number of Shares Purchased(1)Average Price Paid Per Share(2)Total Number of Shares Purchased as Part of Publicly Announced Programs(1)Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs(1)
(in thousands)(in thousands)(in millions)
April 1 - 30, 202210,633$207.8410,633$27,197
May 1 - 31, 202210,237$197.0610,237$25,179
June 1 - 30, 20224,865$175.744,865$24,324
25,73525,735

Table 47 after “Exhibits”

ExhibitIncorporated by ReferenceFiled Herewith
NumberExhibit DescriptionFormFile No.ExhibitFiling Date
31.1Certification of Mark Zuckerberg, Chief Executive Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
31.2Certification of David M. Wehner, Chief Financial Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
32.1#Certification of Mark Zuckerberg, Chief Executive Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
32.2#Certification of David M. Wehner, Chief Financial Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
101.INSInline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).X
101.SCHInline XBRL Taxonomy Extension Schema Document.X

First 8 of 13 rows. The download has all of them.