While they provisioned $25B, the 10-K Meta filed states they paid $2.8B in Federal income taxes for the full year 2025. The amount they provisioned is not limited to Federal income taxes, it also includes state and foreign income taxes.
I am not an accountant or finance professional but the table they refer to has the 2.8B under "current" and the 25B figure under "total".
Is it just that of their 2025 taxes, they paid 2.8B during that calendar year and it's only Feb and the remaining was not yet actually paid out at the time that filing was prepared?
Interesting. Wouldn’t surprise me if there are different ways to report the same numbers to make the situation seem more or less favorable. Statisticians and accountants are both professional liars (speaking as a statistician married to an accountant).
shubhamjain|3 days ago
TYPE_FASTER|3 days ago
abeppu|3 days ago
datsci_est_2015|3 days ago
loeg|3 days ago
Yeah -- accurately, and inaccurately.