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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Q2.26
| 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 | — | — | +30.47% |
| Q3 2012 | 2012-09-30 | $79.0M | −$350.0M | −81.59% | +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 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 source filings ↗Community posts
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