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

Meta Platforms (META) has reported Asset Writedowns and Impairment for 4 consecutive years, with $95.0 million the latest figure, recorded in Q4 2024.

• On a quarterly basis, Asset Writedowns and Impairment fell 91.28% year-over-year to $95.0 million in Q4 2024; TTM through Dec 2024 was $383.0 million, a 84.25% decrease from a year earlier, with the FY2024 full-year figure at $383.0 million, down 84.25% from the prior year.
• Asset Writedowns and Impairment was $95.0 million for Q4 2024 at Meta Platforms, up 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.
• Across the five-year window, Asset Writedowns and Impairment slipped 17.68% in 2023 and sank 97.65% in 2024, its largest moves.
• Over 3 years, Asset Writedowns and Impairment stood at $1.8 billion in 2022, then plunged by 39.68% to $1.1 billion in 2023, then sank by 91.28% to $95.0 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $95.0 million (Q4 2024), $8.0 million (Q3 2024), and $40.0 million (Q2 2024), per Business Quant data.