Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

$24.99

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Meta Platforms Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Cash and cash equivalents
Marketable securities
Accounts receivable, net
Prepaid expenses and other current assets
Current assets
Non-marketable equity securities
Property and equipment, net
Operating lease right-of-use assets
Goodwill
Other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


The analysis of the financial data reveals several noteworthy trends in asset composition and valuation over the periods presented.

Cash and Cash Equivalents
There is a fluctuation with an overall increasing trend toward the more recent periods. After a notable decrease from March 2020 (US$23,618 million) to December 2022 (US$14,681 million), there is a significant rise peaking in December 2023 at US$41,862 million, followed by a moderate decline into 2025.
Marketable Securities
Marketable securities show a relatively stable range with some volatility, declining from US$36,671 million in March 2020 to a trough near US$23,541 million in December 2023, then increasing again substantially to US$41,480 million by March 2025.
Accounts Receivable, Net
This item generally trends upwards from US$7,289 million in March 2020 to a peak near US$16,994 million in September 2024. The increases suggest growing sales or billing volume over time, though there are periods of decline or plateauing toward late 2024 and early 2025.
Prepaid Expenses and Other Current Assets
This category exhibits considerable volatility, with a notable peak around June and September 2021 (above US$5,000 million) and again toward the end of 2024 and early 2025. The fluctuations suggest varying levels of advance payments or short-term asset management changes.
Current Assets
Current assets overall show considerable variability, declining from over US$69 billion in early 2020 to just above US$52 billion in March 2023 before rising sharply to peak over US$100 billion by March 2025. This indicates strong growth in liquid or short-term assets in the most recent years.
Non-Marketable Equity Securities
Data for this item begins from September 2020 and remains relatively flat thereafter, hovering around US$6,100 to US$6,700 million throughout the periods, indicating steady holdings.
Property and Equipment, Net
There is a consistent and substantial upward trajectory in property and equipment, with assets increasing from US$37,127 million in March 2020 to US$133,567 million by March 2025. This reflects sustained capital investments or asset acquisitions over the five-year span.
Operating Lease Right-of-Use Assets
These assets show gradual growth from about US$9,359 million in early 2020 to US$15,505 million in the first quarter of 2025, suggesting incremental expansion or adjustments in lease commitments.
Goodwill
Goodwill remains largely stable around US$19,000 to US$20,600 million throughout all observed quarters, indicating no major acquisitions or impairments affecting this asset.
Other Assets
Other assets demonstrate an increasing trend from US$3,725 million in March 2020 to over US$14,000 million by March 2025. This steady rise could represent growth in intangible assets or other non-classified asset increases.
Non-Current Assets
Non-current assets increase steadily over the period from US$69,022 million in March 2020 to nearly US$190,000 million by March 2025, confirming long-term asset growth in line with property and equipment expansion and other long-term holdings.
Total Assets
Total assets show an overall upward trend, increasing from approximately US$138 billion in March 2020 to about US$280 billion by March 2025. This growth trajectory is driven by increases in both current and non-current assets, reflecting overall company expansion and increased investment in both short- and long-term asset categories.

Assets: Selected Items


Current Assets: Selected Items