total expenses, FY2023
Meta Platforms, Inc. expects total expenses of $88 billion to $91 billion for FY2023.
Guided $88 to $91 billion on 26 Jul 2023; reported $88.15 billion 190 days later; inside the range.
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- Status
- met
- Guided
- $88 to $91 billion
- Stated
- 2023-07-26
- Reported
- $88.15 billion
- Outcome date
- 2024-02-01
- Days to falsifiable
- 190
- Acknowledged
- no
The guidance
We anticipate our full-year 2023 total expenses will be in the range of $88-91 billion, increased from our prior range of $86-90 billion due to legal-related expenses recorded in the second quarter of 2023.
8-K 0001326801-23-000089, filed 2023-07-26 View on EDGAR
The outcome
Costs and expenses – Total costs and expenses were $23.73 billion and $88.15 billion for the fourth quarter and full year 2023, a decrease of 8% and an increase of 1% year-over-year, respectively.
8-K 0001326801-24-000010, filed 2024-02-01 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-10-02.