Meta Platforms annual free cash flow
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Meta Platforms Free Cash Flow (FCF) History (META)
Meta Platforms reported $46.11B in free cash flow for fiscal 2025, a decrease of 14.73% from the previous fiscal year, with a free cash flow margin of 22.94%.
View full Meta Platforms company overviewMeta Platforms free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $46.11B | −$7.96B | −14.73% | +22.94% |
| 2024 | 2024-12-31 | $54.07B | $10.00B | +22.70% | +32.87% |
| 2023 | 2023-12-31 | $44.07B | $24.78B | +128.46% | +32.67% |
| 2022 | 2022-12-31 | $19.29B | −$19.70B | −50.53% | +16.54% |
| 2021 | 2021-12-31 | $38.99B | $15.41B | +65.34% | +33.06% |
| 2020 | 2020-12-31 | $23.58B | $2.37B | +11.18% | +27.43% |
| 2019 | 2019-12-31 | $21.21B | $5.85B | +38.11% | +30.00% |
| 2018 | 2018-12-31 | $15.36B | −$2.12B | −12.15% | +27.51% |
| 2017 | 2017-12-31 | $17.48B | $5.87B | +50.49% | +43.01% |
| 2016 | 2016-12-31 | $11.62B | $3.82B | +48.99% | +42.03% |
| 2015 | 2015-12-31 | $7.80B | $2.30B | +41.89% | +43.49% |
| 2014 | 2014-12-31 | $5.50B | $2.63B | +92.13% | +44.08% |
| 2013 | 2013-12-31 | $2.86B | $2.48B | +658.62% | +36.33% |
| 2012 | 2012-12-31 | $377.0M | −$566.0M | −60.02% | +7.41% |
| 2011 | 2011-12-31 | $943.0M | $538.0M | +132.84% | +25.41% |
| 2010 | 2010-12-31 | $405.0M | — | — | +20.52% |
Meta Platforms quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.75B | −$7.28B | −80.65% | +2.87% |
| Q1 2026 | 2026-03-31 | $13.23B | $2.14B | +19.34% | +23.49% |
| Q4 2025 | 2025-12-31 | $14.83B | $1.27B | +9.35% | +24.76% |
| Q3 2025 | 2025-09-30 | $11.17B | −$5.30B | −32.16% | +21.80% |
| Q2 2025 | 2025-06-30 | $9.02B | −$2.17B | −19.42% | +18.99% |
| Q1 2025 | 2025-03-31 | $11.09B | −$1.76B | −13.71% | +26.20% |
| Q4 2024 | 2024-12-31 | $13.56B | $1.75B | +14.82% | +28.03% |
| Q3 2024 | 2024-09-30 | $16.47B | $2.56B | +18.41% | +40.57% |
| Q2 2024 | 2024-06-30 | $11.20B | $22.0M | +0.20% | +28.66% |
| Q1 2024 | 2024-03-31 | $12.85B | $5.67B | +79.04% | +35.24% |
| Q4 2023 | 2023-12-31 | $11.81B | $6.10B | +106.76% | +29.45% |
| Q3 2023 | 2023-09-30 | $13.91B | $13.59B | +4286.75% | +40.73% |
| Q2 2023 | 2023-06-30 | $11.18B | $6.55B | +141.67% | +34.92% |
| Q1 2023 | 2023-03-31 | $7.17B | −$1.46B | −16.91% | +25.05% |
| Q4 2022 | 2022-12-31 | $5.71B | −$6.99B | −55.03% | +17.76% |
| Q3 2022 | 2022-09-30 | $317.0M | −$9.43B | −96.75% | +1.14% |
| Q2 2022 | 2022-06-30 | $4.62B | −$3.98B | −46.27% | +16.04% |
| Q1 2022 | 2022-03-31 | $8.63B | $696.0M | +8.77% | +30.94% |
| Q4 2021 | 2021-12-31 | $12.70B | $3.33B | +35.45% | +37.73% |
| Q3 2021 | 2021-09-30 | $9.74B | $3.60B | +58.70% | +33.59% |
| Q2 2021 | 2021-06-30 | $8.61B | $7.98B | +1283.60% | +29.60% |
| Q1 2021 | 2021-03-31 | $7.94B | $496.0M | +6.66% | +30.34% |
| Q4 2020 | 2020-12-31 | $9.38B | $4.40B | +88.22% | +33.41% |
| Q3 2020 | 2020-09-30 | $6.14B | $365.0M | +6.32% | +28.60% |
| Q2 2020 | 2020-06-30 | $622.0M | −$4.36B | −87.52% | +3.33% |
| Q1 2020 | 2020-03-31 | $7.44B | $1.97B | +36.04% | +41.96% |
| Q4 2019 | 2019-12-31 | $4.98B | $1.67B | +50.23% | +23.64% |
| Q3 2019 | 2019-09-30 | $5.78B | $1.62B | +38.96% | +32.72% |
| Q2 2019 | 2019-06-30 | $4.98B | $2.15B | +75.58% | +29.51% |
| Q1 2019 | 2019-03-31 | $5.47B | $423.0M | +8.38% | +36.29% |
| Q4 2018 | 2018-12-31 | $3.32B | −$2.09B | −38.66% | +19.61% |
| Q3 2018 | 2018-09-30 | $4.16B | −$216.0M | −4.94% | +30.28% |
| Q2 2018 | 2018-06-30 | $2.84B | −$1.08B | −27.53% | +21.45% |
| Q1 2018 | 2018-03-31 | $5.05B | $1.26B | +33.30% | +42.19% |
| Q4 2017 | 2017-12-31 | $5.41B | $1.75B | +47.72% | +41.69% |
| Q3 2017 | 2017-09-30 | $4.37B | $1.43B | +48.66% | +42.33% |
| Q2 2017 | 2017-06-30 | $3.92B | $1.25B | +46.67% | +42.01% |
| Q1 2017 | 2017-03-31 | $3.79B | $1.44B | +61.49% | +47.15% |
| Q4 2016 | 2016-12-31 | $3.66B | −$195.0M | −5.06% | +41.56% |
| Q3 2016 | 2016-09-30 | $2.94B | $1.53B | +108.29% | +41.95% |
| Q2 2016 | 2016-06-30 | $2.67B | $1.34B | +100.60% | +41.49% |
| Q1 2016 | 2016-03-31 | $2.35B | $1.15B | +95.74% | +43.57% |
| Q4 2015 | 2015-12-31 | $3.86B | $921.0M | +31.38% | +66.00% |
| Q3 2015 | 2015-09-30 | $1.41B | $646.0M | +84.33% | +31.37% |
| Q2 2015 | 2015-06-30 | $1.33B | $459.0M | +52.64% | +32.93% |
| Q1 2015 | 2015-03-31 | $1.20B | $276.0M | +29.93% | +33.81% |
| Q4 2014 | 2014-12-31 | $2.94B | $2.19B | +292.38% | +76.21% |
| Q3 2014 | 2014-09-30 | $766.0M | $100.0M | +15.02% | +23.92% |
| Q2 2014 | 2014-06-30 | $872.0M | −$182.0M | −17.27% | +29.97% |
| Q1 2014 | 2014-03-31 | $922.0M | $530.0M | +135.20% | +36.85% |
| Q4 2013 | 2013-12-31 | $748.0M | $265.0M | +54.87% | +28.94% |
| Q3 2013 | 2013-09-30 | $666.0M | $587.0M | +743.04% | +33.04% |
| Q2 2013 | 2013-06-30 | $1.05B | $1.23B | — | +58.14% |
| Q1 2013 | 2013-03-31 | $392.0M | $404.0M | — | +26.89% |
| Q4 2012 | 2012-12-31 | $483.0M | $54.0M | +12.59% | +30.47% |
| Q3 2012 | 2012-09-30 | $79.0M | — | — | +6.26% |
| Q2 2012 | 2012-06-30 | −$173.0M | — | — | −14.61% |
| Q1 2012 | 2012-03-31 | −$12.0M | — | — | −1.13% |
| Q3 2011 | 2011-09-30 | $429.0M | — | — | +44.97% |
Meta Platforms free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $23.58B to $46.11B, a compound annual growth rate of 14.35%. Meta Platforms's latest reported quarter, Q2 2026, generated $1.75B in free cash flow, a decrease of 80.65% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Meta Platforms filings at SEC.gov ↗