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 | 31.07 Bn | 28.30 Bn | 511.94 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |