Meta Platforms (META) Construction in Progress (2022 - 2023)
Meta Platforms (META) posted quarterly Construction in Progress of $1.4 billion for Q4 2023, down 35.78% year-over-year from $2.2 billion in Q4 2022, and down 7.28% quarter-over-quarter from $1.5 billion in Q3 2023.
Meta Platforms (META) Construction in Progress (2022 - 2023) Analysis & Trends
Meta Platforms (META) has reported Construction in Progress for 2 consecutive years, with $1.4 billion the latest figure, recorded in Q4 2023.
- In Q4 2023, Construction in Progress fell 35.78% year-over-year to $1.4 billion; the TTM figure through Dec 2023 stood at $1.4 billion (down 35.78% YoY), while the FY2023 annual figure was $1.4 billion, down 35.78% from the prior year.
- Construction in Progress eased to $1.4 billion in Q4 2023 per META's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Construction in Progress topped out at $2.2 billion in Q4 2022 and bottomed at $1.4 billion in Q4 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,250.36 Bn | 3,821.32 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,547.59 Bn | 1,457.33 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,140.46 Bn | 1,140.32 Bn | 139.48 Mn | - |
| 4 | Baidu | 287.92 Bn | 283.43 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 105.84 Bn | 95.60 Bn | 1.75 Bn | - |
| 6 | Joyy | 78.10 Bn | 77.21 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.84 Bn | 40.21 Bn | 295.20 Mn | - |
| 9 | 31.14 Bn | 28.35 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.38 Bn | 24.68 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.40 Bn |
| Sep 30, 2023 | 1.51 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.64 Bn |
| Dec 31, 2022 | 2.18 Bn |