Acquisitions, Goodwill, and Intangible Assets

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Acquisitions, Goodwill, and Intangible Assets

During the three months ended September 30, 2025, we acquired software licenses of $2.29 billion and completed business acquisitions that were not material to our condensed consolidated financial statements, individually and in aggregate. Accordingly, pro forma historical results of operations related to these business acquisitions are not presented. The financial results of these business acquisitions were included in our condensed consolidated financial statements.

In connection with a certain business acquisition, we issued unregistered shares of our Class A common stock. See Part II, Item 2 — Unregistered Sales of Equity Securities and Use of Proceeds of this Quarterly Report on Form 10-Q.

Changes in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 2025 are as follows (in millions):


	Family of Apps		Reality Labs		Total
December 31, 2024	$	19,246	$	1,408	$	20,654
Acquisitions	505		—		505
Adjustments	—		(1)		(1)
September 30, 2025	$	19,751	$	1,407	$	21,158

The following table sets forth the major categories of the intangible assets and their weighted-average remaining useful lives (in millions):


		September 30, 2025						December 31, 2024
	Weighted-Average Remaining Useful Lives (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Acquired technology	3.6	$	566	$	(197)	$	369	$	442	$	(247)	$	195
Acquired patents	6.4	235		(146)		89		252		(165)		87
Acquired software	2.8	2,538		(251)		2,287		250		(58)		192
Other	1.4	23		(14)		9		24		(8)		16
Total finite-lived assets		3,362		(608)		2,754		968		(478)		490
Total indefinite-lived assets	N/A	425		—		425		425		—		425
Total		$	3,787	$	(608)	$	3,179	$	1,393	$	(478)	$	915

Amortization expense of intangible assets was $207 million and $63 million for the three months ended September 30, 2025 and 2024, respectively, and $326 million and $158 million for the nine months ended September 30, 2025 and 2024, respectively.

As of September 30, 2025, expected amortization expense for the unamortized finite-lived intangible assets for the next five years and thereafter is as follows (in millions):


The remainder of 2025	$	257
2026	965
2027	908
2028	535
2029	31
Thereafter	58
Total	$	2,754

Meta Platforms, Inc. 10-Q