Family of Apps → Revenue: $36.0BAdvertising → Family of Apps: $35.6BRevenue → Gross profit: $29.8BGross profit → Operating expenses: $16.0BGross profit → Operating profit: $13.8BOperating profit → Net profit: $12.4BOperating expenses → R&D: $10.0BRevenue → Cost of revenue: $6.6BOperating expenses → G&A: $3.5BOperating expenses → Marketing and sales: $2.6BOperating profit → Tax: $1.8BReality Labs → Revenue: $0.4BOther revenue → Family of Apps: $0.4BInterest and other → Operating profit: $0.4BAdvertising: $35.6BFamily of Apps: $36.0BOther revenue: $0.4BRevenue: $36.5BReality Labs: $0.4BGross profit: $29.8BCost of revenue: $6.6BOperating profit: $14.2BOperating expenses: $16.0BNet profit: $12.4BTax: $1.8BInterest and other: $0.4BR&D: $10.0BMarketing and sales: $2.6BG&A: $3.5Bcreated with SankeyArt.comAdvertising$35.6B27% Y/YFamily of Apps$36.0B27% Y/YOther revenue$0.4B85% Y/YRevenue$36.5B27% Y/YReality Labs$0.4B30% Y/YGross profit$29.8B32% Y/YCost of revenue$6.6B9% Y/YOperating profit$14.2B94% Y/YOperating expenses$16.0B4% Y/YNet profit$12.4B117% Y/YTax$1.8B14% Y/YInterest and other$0.4B356% Y/YR&D$10.0B6% Y/YMarketing and sales$2.6B-16% Y/YG&A$3.5B20% Y/YMeta Q1 FY24 Income Statement