![]() ![]() In 2022, we initiated several measures to pursue greater efficiency and to realign our business and strategic priorities. Further, the employees that would be impacted by the 2023 layoffs are included in our reported headcount as of March 31, 2023. Substantially all employees impacted by the layoff announced in November 2022 are no longer reflected in our reported headcount as of March 31, 2023. Headcount – Headcount was 77,114 as of March 31, 2023, a decrease of 1% year-over-year.Long-term debt – Long-term debt was $9.92 billion as of March 31, 2023.Cash, cash equivalents, and marketable securities – Cash, cash equivalents, and marketable securities were $37.44 billion as of March 31, 2023.As of March 31, 2023, we had $41.73 billion available and authorized for repurchases. Share repurchases – We repurchased $9.22 billion of our Class A common stock in the first quarter of 2023.Capital expenditures – Capital expenditures, including principal payments on finance leases, were $7.09 billion for the first quarter of 2023.This includes charges related to our restructuring efforts of $1.14 billion in the first quarter of 2023. Costs and expenses – Total costs and expenses were $21.42 billion, an increase of 10% year-over-year. ![]() Revenue – Revenue was $28.65 billion, an increase of 3% year-over-year, and an increase of 6% year-over-year on a constant currency basis.Ad impressions and price per ad – In the first quarter of 2023, ad impressions delivered across our Family of Apps increased by 26% year-over-year and the average price per ad decreased by 17% year-over-year.Facebook monthly active users (MAUs) – MAUs were 2.99 billion as of March 31, 2023, an increase of 2% year-over-year.Facebook daily active users (DAUs) – DAUs were 2.04 billion on average for March 2023, an increase of 4% year-over-year.Family monthly active people (MAP) – MAP was 3.81 billion as of March 31, 2023, an increase of 5% year-over-year.Family daily active people (DAP) – DAP was 3.02 billion on average for March 2023, an increase of 5% year-over-year.In millions, except percentages and per share amountsįirst Quarter 2023 Operational and Other Financial Highlights ![]()
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