Name: Meta Platforms Inc. (NASDAQ:META) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

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.

Assets: Selected Items

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

US$ in millions

	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	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
Cash and cash equivalents	11,222)	15,462)	23,426)	35,873)	10,187)	12,005)	28,750)	43,889)	43,852)	32,045)	32,307)	41,862)	36,890)	28,785)	11,551)	14,681)	14,308)	12,681)	14,886)	16,601)	14,496)	16,186)	19,513)
Marketable securities	71,227)	74,798)	57,754)	45,719)	34,261)	35,066)	41,480)	33,926)	27,048)	26,035)	25,813)	23,541)	24,233)	24,661)	25,888)	26,057)	27,468)	27,808)	29,004)	31,397)	43,579)	47,894)	44,706)
Accounts receivable, net	22,716)	21,752)	17,470)	19,769)	17,297)	16,561)	14,514)	16,994)	14,700)	14,505)	13,430)	16,169)	12,944)	12,511)	11,044)	13,466)	11,227)	11,525)	11,390)	14,039)	12,088)	11,698)	10,276)
Prepaid expenses and other current assets	14,735)	13,463)	11,115)	7,361)	11,373)	9,981)	5,483)	5,236)	5,467)	3,846)	3,780)	3,793)	4,311)	3,603)	4,000)	5,345)	5,312)	3,973)	3,985)	4,629)	5,258)	4,919)	2,827)
Current assets	119,900)	125,475)	109,765)	108,722)	73,118)	73,613)	90,227)	100,045)	91,067)	76,431)	75,330)	85,365)	78,378)	69,560)	52,483)	59,549)	58,315)	55,987)	59,265)	66,666)	75,421)	80,697)	77,322)
Non-marketable equity investments	32,624)	30,157)	28,410)	27,524)	25,074)	21,988)	6,168)	6,070)	6,071)	6,207)	6,218)	6,141)	6,142)	6,208)	6,167)	6,201)	6,528)	6,536)	6,775)	6,775)	6,758)	6,393)	6,342)
Property and equipment, net	253,222)	225,724)	194,776)	176,400)	160,270)	147,039)	133,567)	121,346)	112,162)	102,959)	98,908)	96,587)	91,772)	87,949)	84,156)	79,518)	73,738)	67,588)	61,582)	57,809)	53,726)	50,909)	47,720)
Operating lease right-of-use assets	26,576)	23,985)	23,268)	20,404)	17,372)	15,662)	15,505)	14,922)	14,812)	14,058)	13,555)	13,294)	13,033)	12,955)	12,899)	12,673)	13,641)	14,130)	12,241)	12,155)	11,063)	10,525)	10,202)
Goodwill	23,421)	23,406)	24,748)	24,534)	21,158)	20,654)	20,654)	20,654)	20,654)	20,654)	20,654)	20,654)	20,668)	20,659)	20,649)	20,306)	20,268)	20,229)	19,923)	19,197)	19,065)	19,219)	19,056)
Other assets	23,093)	21,209)	14,283)	8,437)	6,852)	15,788)	14,092)	13,017)	11,642)	9,929)	8,179)	7,582)	6,281)	9,357)	8,137)	7,480)	6,404)	5,309)	4,432)	3,385)	3,552)	2,866)	2,881)
Non-current assets	358,936)	324,481)	285,485)	257,299)	230,726)	221,131)	189,986)	176,009)	165,341)	153,807)	147,514)	144,258)	137,896)	137,128)	132,008)	126,178)	120,579)	113,792)	104,953)	99,321)	94,164)	89,912)	86,201)
Total assets	478,836)	449,956)	395,250)	366,021)	303,844)	294,744)	280,213)	276,054)	256,408)	230,238)	222,844)	229,623)	216,274)	206,688)	184,491)	185,727)	178,894)	169,779)	164,218)	165,987)	169,585)	170,609)	163,523)

Total assets exhibited a substantial long-term expansion, growing from 163,523 million US dollars in March 2021 to 478,836 million US dollars by September 2026. This trajectory is characterized by a period of relative stability between 2021 and early 2023, followed by an accelerated growth phase starting in 2024, where total assets nearly doubled within three years.

Fixed Asset Expansion: Property and equipment, net, represents the primary driver of asset growth. This line item increased consistently from 47,720 million US dollars in March 2021 to 253,222 million US dollars by September 2026. The growth curve steepened significantly after March 2024, indicating a period of aggressive capital expenditure and infrastructure investment.
Liquidity and Cash Management: Cash and cash equivalents showed significant volatility, with peaks occurring in December 2023 (41,862 million US dollars) and September 2024 (43,852 million US dollars), followed by a sharp contraction in June 2025 to 12,005 million US dollars. Simultaneously, marketable securities experienced a U-shaped trend; values declined from 44,706 million US dollars in early 2021 to a low of 23,541 million US dollars in December 2023, before surging to 71,227 million US dollars by September 2026. This suggests a strategic shift in liquidity allocation toward interest-bearing securities in the later periods.
Current Asset Dynamics: Current assets fluctuated between 52,483 million US dollars in March 2023 and a peak of 125,475 million US dollars in June 2026. While accounts receivable grew steadily from 10,276 million US dollars to 22,716 million US dollars, prepaid expenses and other current assets saw a notable increase starting in June 2025, peaking at 14,735 million US dollars in September 2026.
Strategic and Intangible Assets: Non-marketable equity investments remained stagnant around 6,000 million US dollars for several years before experiencing a sharp increase beginning in March 2025, reaching 32,624 million US dollars by September 2026. Goodwill remained relatively stable, showing a moderate increase from 19,056 million US dollars to 23,421 million US dollars over the period. Operating lease right-of-use assets trended upward gradually, ending at 26,576 million US dollars.

The overall balance sheet composition shifted heavily toward non-current assets. Non-current assets grew from 86,201 million US dollars to 358,936 million US dollars, reflecting a strategic pivot toward long-term infrastructure and strategic investments over short-term liquid holdings.

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Meta Platforms Inc. (NASDAQ:META)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data