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. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests higher recent taxable earnings or deferred payments, while a decrease indicates tax payments have been settled or taxable income has declined.

Detailed definition

This represents the current portion of income tax liabilities that a company owes to government taxing authorities based...

Peer comparison

Varies significantly based on tax jurisdiction, effective tax rates, and the timing of quarterly estimated tax payments across the technology sector.

Metric ID: income_taxes_payable

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%

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 a company owes to the government that is due within the next year.