Facebook, Inc. (FB) financial statements (2021 and earlier)

Company profile

Business Address 1601 WILLOW ROAD
MENLO PARK, CA 94025
State of Incorp. DE
Fiscal Year End December 31
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments61,95454,85541,11441,71129,44918,43411,199
Cash and cash equivalents17,57619,07910,0198,0798,9034,9074,315
Short-term investments44,37835,77631,09533,63220,54613,5276,884
Receivables11,3359,5187,5875,8323,9932,5591,678
Other undisclosed current assets2,3811,8521,7791,020959659793
Total current assets:75,67066,22550,48048,56334,40121,65213,670
Noncurrent Assets
Operating lease, right-of-use asset9,3489,460
Property, plant and equipment  24,68313,7218,5915,6873,967
Intangible assets, net (including goodwill)19,67319,60919,59520,10520,65721,27221,910
Goodwill19,05018,71518,30118,22118,12218,02617,981
Intangible assets, net (excluding goodwill)6238941,2941,8842,5353,2463,929
Other noncurrent assets2,7582,7592,5762,1351,312796637
Other undisclosed noncurrent assets51,86735,323     
Total noncurrent assets:83,64667,15146,85435,96130,56027,75526,514
TOTAL ASSETS:159,316133,37697,33484,52464,96149,40740,184
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,48313,0986,3293,2722,5051,6451,364
Accounts payable1,3311,363820380302196176
Accrued liabilities11,15211,7355,5092,8922,2031,449866
Employee-related liabilities      322
Deferred revenue382269
Debt54855   7114
Deferred revenue and credits98905666
Contract with customer, liability147
Other undisclosed current liabilities2,062831541390280217(120)
Total current liabilities:14,98115,0537,0173,7602,8751,9251,424
Noncurrent Liabilities
Long-term debt and lease obligation9,6319,524   107119
Capital lease obligations   107119
Operating lease, liability9,6319,524
Liabilities, other than long-term debt6,4147,7456,1906,4172,8923,1574,722
Deferred tax liabilities, net    987
Liability for uncertainty in income taxes      1,190
Other liabilities6,4147,7456,1906,4172,8923,1572,545
Other undisclosed noncurrent liabilities      (2,177)
Total noncurrent liabilities:16,04517,2696,1906,4172,8923,2642,664
Total liabilities:31,02632,32213,20710,1775,7675,1894,088
Stockholders' equity
Stockholders' equity attributable to parent128,290101,05484,12774,34759,19444,21836,096
Additional paid in capital50,01845,85142,90640,58438,22734,88630,225
Accumulated other comprehensive income (loss)927(489)(760)(227)(703)(455)(228)
Retained earnings77,34555,69241,98133,99021,6709,7876,099
Total stockholders' equity:128,290101,05484,12774,34759,19444,21836,096
TOTAL LIABILITIES AND EQUITY:159,316133,37697,33484,52464,96149,40740,184

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues85,96570,69755,83840,65327,63817,92812,466
Revenue, net40,65327,63817,92812,466
Cost of revenue(16,692)(12,770)(9,355)(5,454)(3,789)(2,867)(2,153)
Gross profit:69,27357,92746,48335,19923,84915,06110,313
Operating expenses(36,602)(33,941)(21,570)(14,996)(11,422)(8,836)(5,657)
Other undisclosed operating income      338
Operating income:32,67123,98624,91320,20312,4276,2254,994
Nonoperating income (expense)50982644839191(31)(84)
Investment income, nonoperating 9246613981765227
Foreign currency transaction loss, before tax(129)(105)(213)(6)(76)(66)(87)
Other nonoperating income (expense)(34)279516(1)
Interest and debt expense(14)(20)(9)(6)(10)(23)(23)
Income from continuing operations before equity method investments, income taxes:33,16624,79225,35220,58812,5086,1714,887
Other undisclosed income from continuing operations before income taxes142096102323
Income from continuing operations before income taxes:33,18024,81225,36120,59412,5186,1944,910
Income tax expense(4,034)(6,327)(3,249)(4,660)(2,301)(2,506)(1,970)
Net income attributable to parent:29,14618,48522,11215,93410,2173,6882,940
Undistributed earnings (loss) allocated to participating securities, basic  (1)(14)
Other undisclosed net loss available to common stockholders, basic    (29)(19)(15)
Net income available to common stockholders, diluted:29,14618,48522,11115,92010,1883,6692,925

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:29,14618,48522,11215,93410,2173,6882,940
Comprehensive income:29,14618,48522,11215,93410,2173,6882,940
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,416271(502)476(248)(227)(242)
Comprehensive income, net of tax, attributable to parent:30,56218,75621,61016,4109,9693,4612,698

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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