Meta Platforms, Inc. (META) Asset Writedowns and Impairment (2012 - 2024)

Meta Platforms has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting $95.0 million for Q4 2024.

• In Q4 2024, Asset Writedowns and Impairment fell 91.28% year-over-year to $95.0 million; the TTM figure through Dec 2024 stood at $383.0 million (down 84.25% YoY), while the FY2024 annual figure was $383.0 million, down 84.25% from the prior year.
• Asset Writedowns and Impairment grew to $95.0 million in Q4 2024, from $8.0 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for META reached as high as $1.8 billion in Q4 2022 and fell as low as $8.0 million in Q3 2024.
• The 3-year median for Asset Writedowns and Impairment is $290.0 million (2023), against an average of $503.5 million.
• Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment dropped 17.68% — and 2024, when it slumped 97.65%.
• A 3-year view of Asset Writedowns and Impairment shows it stood at $1.8 billion in 2022, then sank by 39.68% to $1.1 billion in 2023, then slumped by 91.28% to $95.0 million in 2024.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $95.0 million, $8.0 million, and $40.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.