Meta Platforms (META) Intangibles (2011 - 2023)
Meta Platforms' (META) quarterly Intangibles came in at $788.0 million in Q4 2023, down 12.15% year-over-year from $897.0 million in Q4 2022, and down 3.08% quarter-over-quarter from $813.0 million in Q3 2023.
Analysis
Meta Platforms (META) Intangibles (2011 - 2023) Analysis & Trends
Meta Platforms (META) has reported Intangibles for 13 consecutive years, with $788.0 million the latest figure, recorded in Q4 2023.
- On a quarterly basis, Intangibles fell 12.15% year-over-year to $788.0 million in Q4 2023; TTM through Dec 2023 was $788.0 million, a 12.15% decrease from a year earlier, with the FY2023 full-year figure at $788.0 million, down 12.15% from the prior year.
- Intangibles was $788.0 million for Q4 2023 at Meta Platforms, down from $813.0 million in the prior quarter.
- Over five years, Intangibles peaked at $1.2 billion in Q1 2019 and troughed at $365.0 million in Q3 2021.
- A 5-year average of $801.3 million and a median of $854.5 million in 2019 frame the typical range for Intangibles.
- Across the five-year window, Intangibles sank 50.94% in 2021 and surged 139.73% in 2022, its largest moves.
- Over 5 years, Intangibles stood at $894.0 million in 2019, then sank by 30.31% to $623.0 million in 2020, then increased by 1.77% to $634.0 million in 2021, then surged by 41.48% to $897.0 million in 2022, then dropped by 12.15% to $788.0 million in 2023.
- The last three Intangibles figures came in at $788.0 million (Q4 2023), $813.0 million (Q3 2023), and $856.0 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | - |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 10.57 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 424.87 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 83.04 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 152.99 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 94.31 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 215.94 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | 89,000.00 |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 194.48 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 65.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 788.00 Mn |
| Sep 30, 2023 | 813.00 Mn |
| Jun 30, 2023 | 856.00 Mn |
| Mar 31, 2023 | 949.00 Mn |
| Dec 31, 2022 | 897.00 Mn |
| Sep 30, 2022 | 875.00 Mn |
| Jun 30, 2022 | 965.00 Mn |
| Mar 31, 2022 | 910.00 Mn |
| Dec 31, 2021 | 634.00 Mn |
| Sep 30, 2021 | 365.00 Mn |
| Jun 30, 2021 | 514.00 Mn |
| Mar 31, 2021 | 505.00 Mn |
| Dec 31, 2020 | 623.00 Mn |
| Sep 30, 2020 | 744.00 Mn |
| Jun 30, 2020 | 859.00 Mn |
| Mar 31, 2020 | 838.00 Mn |
| Dec 31, 2019 | 894.00 Mn |
| Sep 30, 2019 | 853.00 Mn |
| Jun 30, 2019 | 994.00 Mn |
| Mar 31, 2019 | 1.15 Bn |