Meta Platforms (META) Intangibles (2011 - 2023)
Meta Platforms' Intangibles was $788 million in Q4 2023, down 12.2% from $897 million a year earlier and down 3.1% from the prior quarter.
Analysis
Meta Platforms (META) Intangibles (2011 - 2023) Analysis & Trends
From Q4 2011 onward, Meta Platforms has reported Intangibles for 41 quarters.
- Intangibles shows a five-year compound annual growth rate of -9.4% (FY2018 to FY2023).
- In earlier years, Intangibles was $897 million in FY2022 (+41.5%), $634 million in FY2021 (+1.8%), $623 million in FY2020 (-30.3%) and $894 million in FY2019 (-30.9%).
- The Q4 2023 figure marks the lowest quarterly Intangibles since Q4 2021.
- Compared with a year earlier, Intangibles has declined for three straight quarters, with growth averaging 40.4% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q3 2022 (growth of 139.7%); the worst was Q3 2021 (a decline of 50.9%).
- Per Business Quant data, META's Intangibles in the three quarters before Q4 2023 was $813 million (Q3 2023), $856 million (Q2 2023) and $949 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 9.11 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 2.46 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 852.00 Mn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 2.00 Mn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 41.85 Mn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | - |
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 |
API Access
Meta Platforms Intangibles 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=intangibles&ticker=META&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();