Meta Platforms (META) Construction in Progress (2022 - 2023)
On a quarterly basis, Construction in Progress fell 35.78% to $1.4 billion in Q4 2023 year-over-year; TTM through Dec 2023 was $1.4 billion, a 35.78% decrease, with the full-year FY2023 number at $1.4 billion, down 35.78% from a year prior.
Meta Platforms (META) has 2 years of Construction in Progress data on record, last reported at $1.4 billion in Q4 2023.
- Construction in Progress reached $1.4 billion in Q4 2023 per META's latest filing, down from $1.5 billion in the prior quarter.
- Over the last five years, Construction in Progress for META hit a ceiling of $2.2 billion in Q4 2022 and a floor of $1.4 billion in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,539.18 Bn | 1,458.00 Bn | 46.09 Bn | - |
| 2 | Spotify Technology | 118.05 Bn | 107.81 Bn | 1.75 Bn | - |
| 3 | 28.76 Bn | 25.99 Bn | 511.94 Mn | - | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | - |
| 5 | 12.01 Bn | 10.71 Bn | 768.96 Mn | - | |
| 6 | Strive | 9.69 Bn | 9.62 Bn | - | - |
| 7 | Snap | 9.60 Bn | 6.78 Bn | 1.29 Bn | - |
| 8 | Match | 8.34 Bn | 7.31 Bn | 653.28 Mn | - |
| 9 | Baidu | 5.09 Bn | -5.87 Bn | 1.88 Mn | - |
| 10 | Iac | 3.16 Bn | 2.06 Bn | 289.86 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 |