Meta Platforms, Inc. (META)
NASDAQ: META · Real-Time Price · USD
594.87
-9.19 (-1.52%)
Mar 24, 2026, 11:32 AM EDT - Market open
Meta Platforms Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Net Income | 60,458 | 58,528 | 71,507 | 66,635 | 62,360 | 55,539 | 51,434 | 45,758 | 39,098 | 29,734 | 22,546 | 21,444 | 23,200 | 28,832 | 33,630 | 37,338 | 39,370 | 40,304 | 38,957 | 33,741 |
Depreciation & Amortization | 18,616 | 17,665 | 16,729 | 16,024 | 15,498 | 14,210 | 13,042 | 12,028 | 11,178 | 10,382 | 9,698 | 9,054 | 8,686 | 8,324 | 8,144 | 8,151 | 7,967 | 7,816 | 7,519 | 7,237 |
Stock-Based Compensation | 20,427 | 18,799 | 17,493 | 17,275 | 16,690 | 15,852 | 15,094 | 14,538 | 14,027 | 13,611 | 13,253 | 12,545 | 11,992 | 11,391 | 10,635 | 9,832 | 9,164 | 8,541 | 7,885 | 7,031 |
Other Adjustments | 17,228 | 15,716 | -4,517 | -5,266 | -4,324 | -2,907 | 1,867 | 2,780 | 3,205 | 4,992 | 949 | 1,378 | 451 | -863 | -1,142 | -670 | 466 | -614 | -1,254 | -1,205 |
Change in Receivables | -1,815 | -2,318 | -1,369 | -1,201 | -1,485 | -1,350 | -2,171 | -2,425 | -2,399 | -1,255 | -682 | 220 | 231 | -108 | -558 | -1,402 | -3,110 | -4,131 | -3,953 | -2,709 |
Changes in Accounts Payable | -14 | -69 | 661 | 451 | 373 | 399 | 344 | 43 | 51 | 435 | -177 | 183 | 300 | 349 | 1,013 | 759 | 1,424 | 619 | 152 | 52 |
Changes in Accrued Expenses | 1,077 | -1,361 | -1,244 | -634 | 323 | -1,473 | -1,958 | 3,713 | 5,081 | 6,713 | 7,625 | 3,631 | 4,300 | 5,404 | 5,500 | 5,801 | 3,357 | 3,114 | 1,762 | -3,715 |
Changes in Unearned Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 78 | 81 | 87 | 84 | 118 | 130 |
Changes in Other Operating Activities | -133 | 695 | 3,120 | 2,768 | 1,837 | 2,705 | 1,001 | 157 | 1,103 | 1,200 | 1,890 | 1,534 | 907 | 623 | 1,050 | -489 | -1,158 | -2,114 | -1,828 | -574 |
Operating Cash Flow | 115,800 | 107,574 | 102,299 | 96,108 | 91,328 | 82,744 | 78,422 | 76,361 | 71,113 | 66,220 | 55,510 | 50,397 | 50,475 | 54,068 | 58,466 | 59,517 | 57,683 | 53,619 | 49,358 | 39,988 |
Operating Cash Flow Growth | 26.80% | 30.01% | 30.45% | 25.86% | 28.43% | 24.95% | 41.27% | 51.52% | 40.89% | 22.48% | -5.06% | -15.32% | -12.50% | 0.84% | 18.45% | 48.84% | 48.87% | 58.68% | 48.37% | 5.21% |
Capital Expenditures | -69,691 | -62,733 | -52,162 | -43,797 | -37,256 | -30,423 | -28,661 | -26,622 | -27,045 | -28,251 | -31,130 | -32,568 | -31,186 | -27,788 | -22,759 | -19,828 | -18,690 | -17,951 | -17,294 | -15,908 |
Sale of Property, Plant & Equipment | - | - | - | - | - | - | - | - | - | 55 | 75 | 119 | 245 | 221 | 233 | 218 | 123 | 92 | 60 | 31 |
Purchases of Investments | -55,159 | -51,408 | -49,993 | -30,429 | -25,553 | -15,825 | -12,361 | -9,783 | -2,981 | -2,551 | -4,141 | -5,643 | -9,626 | -14,980 | -20,169 | -26,213 | -28,376 | -28,077 | -34,421 | -32,336 |
Proceeds from Sale of Investments | 26,874 | 27,578 | 26,988 | 15,948 | 15,789 | 14,331 | 11,691 | 10,275 | 6,184 | 6,088 | 6,883 | 8,627 | 13,560 | 29,235 | 38,951 | 41,722 | 41,886 | 29,216 | 24,486 | 23,995 |
Payments for Business Acquisitions | -4,231 | -824 | -202 | -198 | -270 | -325 | -159 | -185 | -629 | -627 | -623 | -903 | -1,312 | -1,771 | -1,808 | -1,704 | -851 | -334 | -275 | -202 |
Other Investing Activities | 304 | -1,827 | -616 | 43 | 61 | 40 | -97 | -170 | -23 | -18 | 8 | 86 | 1 | -126 | -240 | -293 | -285 | -187 | 190 | 4 |
Investing Cash Flow | -102,003 | -89,314 | -76,086 | -58,426 | -47,150 | -32,124 | -29,581 | -26,486 | -24,495 | -25,554 | -29,178 | -30,934 | -28,970 | -15,610 | -6,239 | -7,475 | -7,570 | -18,572 | -34,841 | -30,824 |
Long-Term Debt Issued | 29,906 | - | 10,432 | 10,432 | 10,432 | 10,432 | - | 4,228 | 8,455 | 8,455 | 14,149 | 9,921 | 9,921 | 9,922 | 1 | 1 | 1 | - | - | - |
Long-Term Debt Repaid | -2,524 | -2,181 | -2,580 | -2,405 | -1,969 | -1,865 | -1,188 | -1,109 | -1,058 | -986 | -882 | -881 | -850 | -787 | -855 | -759 | -677 | -711 | -669 | -655 |
Net Long-Term Debt Issued (Repaid) | 27,382 | -2,181 | 7,852 | 8,027 | 8,463 | 8,567 | -1,188 | 3,119 | 3,170 | 3,242 | 13,267 | 9,040 | 9,071 | 9,135 | -854 | -758 | -676 | -711 | -669 | -655 |
Repurchase of Common Stock | -44,648 | -44,233 | -48,132 | -43,362 | -43,895 | -48,203 | -41,499 | -34,582 | -26,786 | -26,141 | -27,849 | -31,494 | -31,551 | -45,600 | -53,268 | -55,467 | -50,052 | -31,532 | -19,224 | -12,912 |
Net Common Stock Issued (Repurchased) | -44,648 | -44,233 | -48,132 | -43,362 | -43,895 | -48,203 | -41,499 | -34,582 | -26,786 | -26,141 | -27,849 | -31,494 | -31,551 | -45,600 | -53,268 | -55,467 | -50,052 | -31,532 | -19,224 | -12,912 |
Common Dividends Paid | -5,324 | -5,256 | -5,189 | -5,128 | -5,072 | -3,802 | -2,539 | -1,273 | - | - | - | - | - | - | - | - | - | - | - | - |
Other Financing Activities | 2,220 | 686 | 161 | -46 | -277 | -279 | 5 | -242 | -111 | 263 | -32 | 212 | 94 | -351 | -93 | 24 | 16 | 50 | 41 | 112 |
Financing Cash Flow | -20,370 | -50,984 | -45,308 | -40,509 | -40,781 | -43,717 | -45,221 | -28,751 | -19,500 | -18,159 | -10,137 | -21,992 | -22,136 | -36,818 | -54,217 | -56,203 | -50,728 | -32,193 | -19,852 | -13,455 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 235 | -462 | -103 | -386 | -786 | 324 | -398 | -260 | 113 | 142 | 131 | -404 | -638 | -1,193 | -1,043 | -377 | -474 | -29 | 277 | 255 |
Net Cash Flow | -6,338 | -33,186 | -19,198 | -3,213 | 2,611 | 7,227 | 3,222 | 20,864 | 27,231 | 22,649 | 16,326 | -2,933 | -1,269 | 447 | -3,033 | -4,538 | -1,089 | 2,825 | -5,058 | -4,036 |
Free Cash Flow | 46,109 | 44,841 | 50,137 | 52,311 | 54,072 | 52,321 | 49,761 | 49,739 | 44,068 | 37,969 | 24,380 | 17,829 | 19,289 | 26,280 | 35,707 | 39,689 | 38,993 | 35,668 | 32,064 | 24,080 |
Free Cash Flow Growth | -14.73% | -14.30% | 0.76% | 5.17% | 22.70% | 37.80% | 104.11% | 178.98% | 128.46% | 44.48% | -31.72% | -55.08% | -50.53% | -26.32% | 11.36% | 64.82% | 65.34% | 85.89% | 70.34% | 3.86% |
FCF Margin | 22.94% | 23.67% | 28.04% | 30.71% | 32.87% | 33.49% | 33.22% | 34.85% | 32.67% | 29.91% | 20.23% | 15.19% | 16.54% | 22.25% | 29.90% | 33.17% | 33.06% | 31.75% | 30.60% | 25.51% |
Free Cash Flow Per Share | 17.91 | 17.36 | 19.36 | 20.12 | 20.69 | 20.00 | 18.95 | 18.93 | 16.76 | 14.48 | 9.26 | 6.71 | 7.14 | 9.61 | 12.85 | 14.08 | 13.64 | 12.40 | 11.11 | 8.37 |
Levered Free Cash Flow | 37,695 | 10,544 | 46,463 | 49,474 | 51,598 | 49,524 | 34,014 | 38,195 | 36,863 | 27,681 | 23,718 | 12,318 | 15,313 | 24,879 | 25,803 | 31,055 | 31,868 | 31,161 | 28,716 | 20,307 |
Unlevered Free Cash Flow | 8,444 | 11,169 | 37,204 | 39,893 | 42,003 | 39,637 | 34,073 | 34,266 | 28,908 | 20,210 | 10,735 | 3,617 | 6,343 | 15,547 | 26,264 | 31,153 | 32,102 | 31,286 | 28,830 | 20,383 |
Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.