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Meta Platforms (META) Asset Writedowns and Impairment (2022 - 2024)

Meta Platforms (META) has disclosed Asset Writedowns and Impairment for 4 consecutive years, with $95.0 million as the latest value for Q4 2024.

  • Quarterly Asset Writedowns and Impairment fell 91.28% to $95.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $383.0 million through Dec 2024, down 84.25% year-over-year, with the annual reading at $383.0 million for FY2024, 84.25% down from the prior year.
  • Asset Writedowns and Impairment for Q4 2024 was $95.0 million at Meta Platforms, up from $8.0 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $1.8 billion in Q4 2022, with the low at $8.0 million in Q3 2024.
  • Average Asset Writedowns and Impairment over 3 years is $503.5 million, with a median of $290.0 million recorded in 2023.
  • The sharpest move saw Asset Writedowns and Impairment decreased 17.68% in 2023, then crashed 97.65% in 2024.
  • Over 3 years, Asset Writedowns and Impairment stood at $1.8 billion in 2022, then plummeted by 39.68% to $1.1 billion in 2023, then crashed by 91.28% to $95.0 million in 2024.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods came in at $95.0 million, $8.0 million, and $40.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.