Meta Platforms (META) Intangibles (2011 - 2023)
Meta Platforms (META) posted quarterly Intangibles of $788.0 million for 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.
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.
- In Q4 2023, Intangibles fell 12.15% year-over-year to $788.0 million; the TTM figure through Dec 2023 stood at $788.0 million (down 12.15% YoY), while the FY2023 annual figure was $788.0 million, down 12.15% from the prior year.
- Intangibles slipped to $788.0 million in Q4 2023 per META's latest filing, from $813.0 million in the prior quarter.
- Across five years, Intangibles topped out at $1.2 billion in Q1 2019 and bottomed at $365.0 million in Q3 2021.
- Historically, Intangibles has averaged $801.3 million across 5 years, with a median of $854.5 million in 2019.
- Annual changes were most pronounced in 2021 — Intangibles plunged 50.94% — and 2022, when it soared 139.73%.
- Meta Platforms' Intangibles stood at $894.0 million in 2019, then sank by 30.31% to $623.0 million in 2020, then gained by 1.77% to $634.0 million in 2021, then jumped by 41.48% to $897.0 million in 2022, then fell by 12.15% to $788.0 million in 2023.
- Business Quant data shows META's Intangibles at $788.0 million in Q4 2023, $813.0 million in Q3 2023, and $856.0 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,250.36 Bn | 3,821.32 Bn | 73.85 Bn | 9.11 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 | 2.58 Mn |
| 4 | Baidu | 287.92 Bn | 283.43 Bn | 1.88 Mn | 633.00 Mn |
| 5 | Spotify Technology | 105.84 Bn | 95.60 Bn | 1.75 Bn | 48.00 Mn |
| 6 | Joyy | 78.10 Bn | 77.21 Bn | 205.64 Mn | 725.28 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 99,574.00 |
| 8 | Nebius | 49.84 Bn | 40.21 Bn | 295.20 Mn | 48.30 Mn |
| 9 | 31.14 Bn | 28.35 Bn | 734.60 Mn | 10.57 Mn | |
| 10 | Tencent Music Entertainment | 27.38 Bn | 24.68 Bn | 514.00 Mn | 402.00 Mn |
Historic Data
Download 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 |