Meta Platforms Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	60,458	62,360	39,098	23,200	39,370
Depreciation & Amortization	18,616	15,440	11,178	8,686	7,967
Other Amortization	-	58	-	-	-
Asset Writedown & Restructuring Costs	-	383	2,432	3,559	-
Loss (Gain) From Sale of Investments	-1,138	-53	102	-	-
Stock-Based Compensation	20,427	16,690	14,027	11,992	9,164
Other Operating Activities	18,322	-4,598	440	-2,645	482
Change in Accounts Receivable	-1,815	-1,485	-2,399	231	-3,110
Change in Accounts Payable	-14	373	51	210	1,436
Change in Other Net Operating Assets	944	2,160	6,184	5,242	2,374
Operating Cash Flow	115,800	91,328	71,113	50,475	57,683
Operating Cash Flow Growth	26.80%	28.43%	40.89%	-12.50%	48.87%
Capital Expenditures	-69,691	-37,256	-27,045	-31,186	-18,690
Sale of Property, Plant & Equipment	-	-	-	-	123
Cash Acquisitions	-4,231	-270	-629	-1,312	-851
Investment in Securities	-25,831	-9,764	3,201	3,532	12,179
Other Investing Activities	-2,250	140	-22	-4	-331
Investing Cash Flow	-102,003	-47,150	-24,495	-28,970	-7,570
Long-Term Debt Issued	29,906	10,432	8,455	9,921	-
Total Debt Issued	29,906	10,432	8,455	9,921	-
Long-Term Debt Repaid	-2,524	-1,969	-1,058	-850	-677
Total Debt Repaid	-2,524	-1,969	-1,058	-850	-677
Net Debt Issued (Repaid)	27,382	8,463	7,397	9,071	-677
Repurchase of Common Stock	-44,648	-43,895	-26,786	-31,551	-50,052
Common Dividends Paid	-5,324	-5,072	-	-	-
Other Financing Activities	2,220	-277	-111	344	1
Financing Cash Flow	-20,370	-40,781	-19,500	-22,136	-50,728
Foreign Exchange Rate Adjustments	235	-786	113	-638	-474
Net Cash Flow	-6,338	2,611	27,231	-1,269	-1,089
Free Cash Flow	46,109	54,072	44,068	19,289	38,993
Free Cash Flow Growth	-14.73%	22.70%	128.46%	-50.53%	65.34%
Free Cash Flow Margin	22.94%	32.87%	32.67%	16.54%	33.06%
Free Cash Flow Per Share	17.91	20.69	16.76	7.14	13.64
Cash Interest Paid	696	486	448	-	-
Cash Income Tax Paid	7,578	10,554	6,607	6,407	8,525
Levered Free Cash Flow	23,432	36,897	30,628	15,856	28,745
Unlevered Free Cash Flow	24,161	37,344	30,906	15,972	28,760
Change in Working Capital	-885	1,048	3,836	5,683	700

Source: S&P Global Market Intelligence. Standard template. Financial Sources.