Current Liabilities
Income Taxes Payable
Meta Platforms, Inc. Income Taxes Payable decreased by 19.8% to $16.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from $10.99B to $16.85B. Over 3 years (FY 2022 to FY 2025), Income Taxes Payable shows an upward trend with a 107.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
14 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.34B | $3.59B | $5.84B | $4.61B | $3.66B | $4.86B | $2.24B | $2.70B | $9.99B | $10.99B | $12.05B | $11.74B | $21.01B | $16.85B |
| QoQ Change | — | +53.4% | +62.6% | -21.1% | -20.7% | +33.1% | -53.9% | +20.5% | +269.5% | +10.1% | +9.6% | -2.6% | +78.9% | -19.8% |
| YoY Change | — | — | — | — | +56.3% | +35.5% | -61.6% | -41.3% | +173.2% | +126.0% | +436.8% | +334.3% | +110.3% | +53.3% |
Range$2.24B – $21.01B
CAGR+83.6%
Avg YoY Growth+122.3%
Median YoY Growth+83.3%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Meta Platforms, Inc.'s income taxes payable?
- Meta Platforms, Inc. (META) reported income taxes payable of $16.85B in Q1 2026.
- How has Meta Platforms, Inc.'s income taxes payable changed year-over-year?
- Meta Platforms, Inc.'s income taxes payable increased by 53.3% year-over-year, from $10.99B to $16.85B.
- What is the long-term trend for Meta Platforms, Inc.'s income taxes payable?
- Over 3 years (2022 to 2025), Meta Platforms, Inc.'s income taxes payable has grown at a 107.9% compound annual growth rate (CAGR), from $2.34B to $21.01B.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.