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

Meta Platforms (META) reported Asset Writedowns and Impairment of $95.0 million for Q4 2024, down 91.28% year-over-year from $1.1 billion in Q1 2024, and up 1087.5% quarter-over-quarter from $8.0 million in Q3 2024.

Meta Platforms (META) Asset Writedowns and Impairment (2012 - 2024) Analysis & Trends

Meta Platforms (META) has 4 years of Asset Writedowns and Impairment data on file, last reported at $95.0 million in Q4 2024.

  • Asset Writedowns and Impairment for Q4 2024 came in at $95.0 million, down 91.28% year-over-year; the trailing twelve-month figure through Dec 2024 was $383.0 million (down 84.25% YoY), and the FY2024 annual result was $383.0 million, down 84.25% from the prior year.
  • Asset Writedowns and Impairment improved to $95.0 million in Q4 2024 per META's latest filing, from $8.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $1.8 billion in Q4 2022 and troughed at $8.0 million in Q3 2024.
  • A 3-year average of $503.5 million and a median of $290.0 million in 2023 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment dropped 17.68% in 2023, then plunged 97.65% in 2024.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $1.8 billion in 2022, then tumbled by 39.68% to $1.1 billion in 2023, then plunged by 91.28% to $95.0 million in 2024.
  • Business Quant data shows META's Asset Writedowns and Impairment at $95.0 million in Q4 2024, $8.0 million in Q3 2024, and $40.0 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nebius 1,942,920.03 Bn 1,942,920.03 Bn 295.20 Mn
2 Alphabet 4,333.14 Bn 4,117.52 Bn 102.29 Bn
3 Meta Platforms 1,436.75 Bn 1,355.57 Bn 46.09 Bn
4 Spotify Technology 115.76 Bn 105.52 Bn 1.75 Bn
5 Reddit 31.07 Bn 28.30 Bn 511.94 Mn
6 Pinterest 12.92 Bn 11.62 Bn 768.96 Mn
7 Kanzhun 12.73 Bn 10.63 Bn 255.62 Bn
8 Snap 8.83 Bn 6.00 Bn 1.29 Bn
9 Match 8.15 Bn 7.13 Bn 653.28 Mn
10 Zillow 7.57 Bn 6.79 Bn 519.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 95.00 Mn
Dec 31, 2024 95.00 Mn
Sep 30, 2024 8.00 Mn
Sep 30, 2024 8.00 Mn
Jun 30, 2024 40.00 Mn
Jun 30, 2024 40.00 Mn
Mar 31, 2024 240.00 Mn
Mar 31, 2024 240.00 Mn
Dec 31, 2023 1.09 Bn
Dec 31, 2023 1.09 Bn
Sep 30, 2023 340.00 Mn
Sep 30, 2023 340.00 Mn
Jun 30, 2023 232.00 Mn
Jun 30, 2023 232.00 Mn
Mar 31, 2023 770.00 Mn
Mar 31, 2023 770.00 Mn
Dec 31, 2022 1.81 Bn
Dec 31, 2022 1.81 Bn
Sep 30, 2022 413.00 Mn
Sep 30, 2022 413.00 Mn