Meta Platforms, Inc. (META) quarterly cash flow statement — complete operating, investing & financing history
Meta Platforms, Inc. (META) cash flow statement — 16-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 32.79B | 31.86B | 32.23B | 36.21B | 30B | 25.56B | 24.03B | 27.99B | 24.72B | 19.37B | 19.25B | 19.4B | 20.4B | 17.31B | 14B | 14.51B | 9.69B | 12.2B | 14.08B | 18.1B |
| Operating CF Margin % | 50.75% | 52.4% | 57.23% | 60.46% | 58.54% | 53.79% | 56.78% | 57.84% | 60.91% | 49.58% | 52.79% | 48.38% | 59.75% | 54.09% | 48.87% | 45.11% | 34.97% | 42.32% | 50.44% | 53.77% |
| Operating CF Growth % | 9.29% | 24.65% | 34.13% | 29.39% | 21.34% | 31.96% | 24.84% | 44.24% | 21.18% | 11.91% | 37.49% | 33.72% | 110.53% | 41.91% | -0.55% | -19.85% | -31.23% | -7.92% | 14.98% | 28.95% |
| Net Income | 9.86B | 15.85B | 26.77B | 22.77B | 2.71B | 18.34B | 16.64B | 20.84B | 15.69B | 13.46B | 12.37B | 14.02B | 11.58B | 7.79B | 5.71B | 4.65B | 4.39B | 6.69B | 7.46B | 10.29B |
| Depreciation & Amortization | 7.15B | 6.36B | 6B | 5.41B | 4.96B | 4.34B | 3.9B | 4.46B | 4.03B | 3.64B | 3.37B | 3.17B | 2.86B | 2.62B | 2.52B | 2.38B | 2.17B | 1.98B | 2.16B | 2.01B |
| Stock-Based Compensation | 7.36B | 7.66B | 6.03B | 5.89B | 5.56B | 4.83B | 4.15B | 4.26B | 4.25B | 4.62B | 3.56B | 3.42B | 3.49B | 4.06B | 3.05B | 3.01B | 3.13B | 3.35B | 2.5B | 2.41B |
| Deferred Taxes | 2.12B | 1.45B | 123M | 1.03B | 19.87B | -1.17B | -993M | -1.33B | -1.31B | -1.64B | -456M | -1.16B | 3.05B | -1.14B | -620M | -1.17B | -1.1B | -453M | -563M | 748M |
| Other Non-Cash Items | 6.29B | -3.76B | 1.05B | -553M | -945M | 175M | -231M | 264M | -3M | 35M | 174M | 1.22B | 414M | 444M | 763M | 3.72B | 517M | 189M | -221M | 34M |
| Working Capital Changes | 0 | 4.32B | -7.75B | 1.66B | -2.15B | -957M | 559M | -504M | 2.07B | -741M | 223M | -1.27B | -995M | 3.53B | 2.57B | 1.93B | 567M | 444M | 2.74B | 2.62B |
| Change in Receivables | -999M | -4.4B | 2.13B | -2.48B | -806M | -1.34B | 2.8B | -2.98B | 143M | -1.17B | 2.52B | -2.84B | -678M | -1.42B | 2.55B | -1.7B | -105M | -522M | 2.56B | -2.04B |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.6B | 584M | -937M | 623M | -63M | 460M | -1.03B | 568M | 667M | 250M | -1.11B | 594M | 612M | -51M | -1.1B | 876M | -22M | 237M | -882M | 876M |
| Cash from Investing | -30.98B | -49.65B | -33.68B | -34.19B | -21.85B | -25.96B | -20.01B | -21.5B | -8.62B | -8.3B | -8.73B | -6.47B | -6.08B | -5.2B | -6.74B | -7.53B | -9.7B | -6.96B | -4.78B | 5.83B |
| Capital Expenditures | -33.94B | -30.12B | -19B | -21.38B | -18.83B | -16.54B | -12.94B | -14.43B | -8.26B | -8.17B | -6.4B | -7.67B | -6.54B | -6.22B | -6.84B | -9.04B | -9.38B | -7.57B | -5.44B | -5.37B |
| CapEx % of Revenue | 52.54% | 49.53% | 33.74% | 35.7% | 36.75% | 34.81% | 30.58% | 29.81% | 20.35% | 20.92% | 17.56% | 19.11% | 19.16% | 19.43% | 23.89% | 28.11% | 33.83% | 26.27% | 19.5% | 15.95% |
| Acquisitions | 0 | -101M | -372M | -3.42B | -753M | -62M | -1M | -9M | -132M | -57M | -72M | -64M | -38M | -83M | -444M | -62M | -34M | -363M | -853M | -523M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 37M | -555M | -507M | -405M | -1.08B | -671M | 11M | 17M | 124M | -12M | 0 | 70M | 37M | -3M | 94M | 52M | 36M | 37M | 116M | -123M |
| Cash from Financing | -6.73B | 15.97B | -6.55B | 25.15B | -10.05B | -15.98B | -19.5B | -5.46B | -4.37B | -11.18B | -19.77B | -8.4B | -5.88B | 5.29B | -10.52B | -7.06B | 2.15B | -6.56B | -10.66B | -21.74B |
| Debt Issued (Net) | 0 | 25.87B | -843M | -754M | -545M | -474M | -751M | -411M | 9.49B | -299M | -315M | -307M | -267M | 8.23B | -264M | 15M | 9.57B | -219M | -213M | -173M |
| Equity Issued (Net) | 0 | 0 | -4.42B | -4.27B | -3.33B | -10.17B | -12.75B | -3.86B | -8.82B | -6.3B | -15.01B | -5.94B | -3.57B | -898M | -9.37B | -6.86B | -6.35B | -5.23B | -9.51B | -20.06B |
| Dividends Paid | -1.36B | 1.35B | -1.35B | -1.34B | -1.33B | -1.33B | -1.33B | -1.27B | -1.26B | -1.27B | -1.27B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -4.42B | -4.27B | -3.33B | -10.17B | -12.75B | -3.86B | -8.82B | -6.3B | -15.01B | -5.94B | -3.57B | -898M | -9.37B | -6.86B | -6.35B | -5.23B | -9.51B | -20.06B |
| Other Financing | -5.37B | -11.26B | 59M | 31.51B | -4.84B | -4.01B | -4.66B | 73M | -3.78B | -3.31B | -3.17B | -2.15B | -2.04B | -2.04B | -887M | -211M | -1.07B | -1.11B | -941M | -1.51B |
| Net Change in Cash | -4.92B | -1.83B | -8B | 27.16B | -1.89B | -16.24B | -15.37B | 311M | 12.1B | -258M | -9.57B | 4.93B | 8.1B | 17.38B | -3.18B | 345M | 1.77B | -1.88B | -1.51B | 2.06B |
| Free Cash Flow | -1.16B | 1.75B | 13.23B | 14.83B | 11.17B | 9.02B | 11.09B | 13.56B | 16.47B | 11.2B | 12.85B | 11.74B | 13.86B | 11.09B | 7.16B | 5.47B | 316M | 4.63B | 8.63B | 12.73B |
| FCF Margin % | -1.79% | 2.87% | 23.49% | 24.76% | 21.8% | 18.99% | 26.2% | 28.03% | 40.57% | 28.66% | 35.24% | 29.27% | 40.59% | 34.67% | 24.98% | 17% | 1.14% | 16.05% | 30.94% | 37.82% |
| FCF Growth % | -110.35% | -80.65% | 19.34% | 9.35% | -32.16% | -19.42% | -13.71% | 15.54% | 18.81% | 0.94% | 79.51% | 114.69% | 4285.76% | 139.85% | -17.13% | -57.06% | -96.77% | -46.43% | 8.34% | 35.08% |
| FCF per Share | -0.45 | 0.68 | 5.16 | 5.76 | 4.34 | 3.51 | 4.28 | 5.19 | 6.33 | 4.29 | 4.89 | 4.46 | 5.25 | 4.25 | 2.76 | 2.07 | 0.12 | 1.70 | 3.15 | 4.55 |
| FCF Conversion (FCF/Net Income) | 3.33x | 2.01x | 1.20x | 1.59x | 11.07x | 1.39x | 1.44x | 1.34x | 1.58x | 1.44x | 1.56x | 1.38x | 1.76x | 2.22x | 2.45x | 3.12x | 2.21x | 1.82x | 1.89x | 1.76x |
| Interest Paid | 0 | 0 | 284M | -603M | 125M | 126M | 352M | 130M | 111M | 124M | 121M | 146M | 120M | 0 | 182M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 1.46B | 541M | -6.29B | 749M | 5.1B | 448M | 2.23B | 1.77B | 5.93B | 630M | 4.59B | 509M | 1.1B | 405M | 1.76B | 2.01B | 2.14B | 502M | 606M |