total expenses, FY2023
Meta Platforms, Inc. expects total expenses of $87 billion to $89 billion for FY2023.
Guided $87 to $89 billion on 25 Oct 2023; reported $88.15 billion 99 days later; inside the range.
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- Status
- met
- Guided
- $87 to $89 billion
- Stated
- 2023-10-25
- Reported
- $88.15 billion
- Outcome date
- 2024-02-01
- Days to falsifiable
- 99
- Acknowledged
- no
The guidance
We anticipate that our full-year 2023 total expenses will be in the range of $87-89 billion, lowered from our prior range of $88-91 billion.
8-K 0001326801-23-000100, filed 2023-10-25 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.