Meta Platforms (META) Depreciation and Depletion (2019 - 2026)
Meta Platforms' Depreciation and Depletion came in at $6.81 billion for Q3 2026, up 43.1% from $4.76 billion a year earlier and up 13.5% from the prior quarter.
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Analysis
Meta Platforms (META) Depreciation and Depletion (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Meta Platforms reported Depreciation and Depletion of $23.61 billion, up 36.6% year-over-year; for FY2025, it was $18 billion, up 17.7% from FY2024.
- Depreciation and Depletion has increased in each of the last 15 years, with a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- Going back by year, Depreciation and Depletion was $15.29 billion in FY2024 (+38.7%), $11.02 billion in FY2023 (+29.6%), $8.5 billion in FY2022 (+12.4%) and $7.56 billion in FY2021 (+18.3%).
- The Q3 2026 figure represents the highest quarterly Depreciation and Depletion in data going back to Q1 2019.
- Year-over-year, Depreciation and Depletion has increased for 27 consecutive quarters, with growth averaging 30.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Depreciation and Depletion ran from 3.8% in Q2 2022 to 47.9% in Q1 2026.
- Business Quant data shows META's Depreciation and Depletion at $6 billion (Q2 2026), $5.68 billion (Q1 2026) and $5.12 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 8.37 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 6.81 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | - |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | - |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 31.06 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.81 Bn |
| Jun 30, 2026 | 6.00 Bn |
| Mar 31, 2026 | 5.68 Bn |
| Dec 31, 2025 | 5.12 Bn |
| Sep 30, 2025 | 4.76 Bn |
| Jun 30, 2025 | 4.28 Bn |
| Mar 31, 2025 | 3.84 Bn |
| Dec 31, 2024 | 4.41 Bn |
| Sep 30, 2024 | 3.96 Bn |
| Jun 30, 2024 | 3.58 Bn |
| Mar 31, 2024 | 3.33 Bn |
| Dec 31, 2023 | 3.14 Bn |
| Sep 30, 2023 | 2.83 Bn |
| Jun 30, 2023 | 2.58 Bn |
| Mar 31, 2023 | 2.48 Bn |
| Dec 31, 2022 | 2.33 Bn |
| Sep 30, 2022 | 2.13 Bn |
| Jun 30, 2022 | 1.93 Bn |
| Mar 31, 2022 | 2.12 Bn |
| Dec 31, 2021 | 1.97 Bn |
API Access
Meta Platforms Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "META", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();