Meta Platforms (META) Asset Writedowns and Impairment (2012 - 2024)
Meta Platforms (META) posted quarterly 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.
Analysis
Meta Platforms (META) Asset Writedowns and Impairment (2012 - 2024) Analysis & Trends
Meta Platforms (META) has reported Asset Writedowns and Impairment for 4 consecutive years, with $95.0 million the latest figure, recorded in 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 advanced to $95.0 million in Q4 2024 per META's latest filing, from $8.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.8 billion in Q4 2022 and bottomed at $8.0 million in Q3 2024.
- Historically, Asset Writedowns and Impairment has averaged $503.5 million across 3 years, with a median of $290.0 million in 2023.
- Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment dropped 17.68% — and 2024, when it plunged 97.65%.
- Meta Platforms' 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.
- 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic 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 |