Meta said revenue for Q4 2024 increased 21% to $48,385 million and income from operations increased 43% to $23,365 million. Full-year revenue was $164,501 million and income from operations was $69,380 million.

1. 01

   Meta said revenue for Q4 2024 increased 21% to $48,385 million and income from operations increased 43% to $23,365 million. Full-year revenue was $164,501 million and income from operations was $69,380 million.

2. 02

   The company said total costs and expenses for Q4 2024 increased 5% year-over-year to $25.02 billion, and this included a favorable impact of $1.55 billion from a decrease in accrued losses for certain legal proceedings.

3. 03

   Meta said full-year 2024 capital expenditures, including principal payments on finance leases, were $39.23 billion and free cash flow was $52.10 billion. Full-year repurchases of Class A common stock were $29.75 billion and dividend and dividend equivalent payments were $5.07 billion.

4. 04

   The company said it expects total revenue for Q1 2025 to be $39.5 to 41.8 billion, full-year total expenses to be $114 to 119 billion, and full-year capital expenditures to be $60 to 65 billion. It also said it expects its full-year tax rate to be 12 to 15%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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