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 Reddit 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
DateValue
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