total expenses, FY2022
Meta Platforms, Inc. expects total expenses of $91 billion to $97 billion for FY2022.
Guided $91 to $97 billion on 25 Oct 2021; reported $87.66 billion 464 days later; below the range by 3.7%, better than guided.
01FJTBYB00P6P4C64JF6TE8BB0
- Status
- missed better than guided
- Guided
- $91 to $97 billion
- Stated
- 2021-10-25
- Reported
- $87.66 billion
- Outcome date
- 2023-02-01
- Days to falsifiable
- 464
- Acknowledged
- no
The guidance
We anticipate our full-year 2022 total expenses will be in the range of $91-97 billion, driven by investments in technical and product talent and infrastructure-related costs.
8-K 0001326801-21-000062, filed 2021-10-25 View on EDGAR
The outcome
Costs and expenses – Total costs and expenses were $25.77 billion and $87.66 billion, an increase of 22% and 23% year-over-year for the fourth quarter and full year 2022, respectively.
8-K 0001326801-23-000008, filed 2023-02-01 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.