Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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

Microsoft Excel
Sep 30, 2025 Jun 30, 2025 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 investments
Property and equipment, net
Operating lease right-of-use assets
Goodwill
Other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 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).


Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets fluctuated notably over the period. It declined from 17.07% at the beginning to a low near 3.35% by September 2025, following some intermittent recoveries. This indicates a general reduction in liquid cash holdings within the asset mix.
Marketable securities
Marketable securities as a percentage of total assets showed a gradual decline over time, decreasing from around 26.50% initially to approximately 11.28% by the last reported quarter. This trend suggests a shift away from marketable securities in the asset allocation.
Accounts receivable, net
Accounts receivable maintained relative stability, mostly ranging between 5% and 8% of total assets. There were moderate fluctuations, with some peaks around the end of 2021, indicating slight variations in credit extension to customers over time.
Prepaid expenses and other current assets
This category exhibited modest fluctuations, with percentages mostly in a range of about 1.2% to 3.7%. The values peaked at 3.74% in September 2025, implying occasional higher prepayments or other short-term asset holdings.
Current assets
Current assets as a whole declined from just over 50% of total assets in early 2020 to roughly 24% by late 2025. This downward trajectory highlights a strategic or operational shift reducing short-term asset proportions relative to the total asset base.
Non-marketable equity investments
Information on non-marketable equity investments started appearing from September 2020 onward and generally showed a slight downward trend from about 4.2% to around 2.2% with a notable spike to 8.25% in June 2025 before dropping back, indicating variability in this long-term investment category.
Property and equipment, net
There was a consistent upward trend in property and equipment, growing from 26.83% to more than 52% of total assets by the end of the observed period. This demonstrates significant capital investment in physical assets that grew to become a substantial part of the asset structure.
Operating lease right-of-use assets
This asset category showed slight variability, generally ranging between 5.3% and 8.3% of total assets. The percentage remained relatively stable, suggesting consistent lease-related asset commitments throughout the periods.
Goodwill
Goodwill as a proportion of total assets decreased steadily from approximately 13.6% to under 7%, indicating possible amortization, impairment, or divestitures affecting intangible asset balances over time.
Other assets
Other assets showed a mild increasing trend from around 2.5% to over 5% at some points but ended lower near 2.26%, implying some variability but no clear persistent pattern throughout the timeline.
Non-current assets
The share of non-current assets expanded considerably from just below 50% to almost 76% of total assets, reflecting an increasing focus on long-term investments and assets such as property, equipment, and intangible assets.
Total assets
As expected, total assets consistently represented 100% of total assets, serving as the base for ratio calculations in this analysis.