Meta Platforms (META) FCF Margin (2011 - 2026)
Meta Platforms (META) reported FCF Margin of 28.74% for Q1 2026, up 255.0% year-over-year from 8.1% in Q1 2025, and up 170.73% quarter-over-quarter from 40.64% in Q4 2025.
Meta Platforms (META) FCF Margin (2011 - 2026) Analysis & Trends
Meta Platforms (META) has 16 years of FCF Margin data on file, last reported at 28.74% in Q1 2026.
- FCF Margin for Q1 2026 came in at 28.74%, up 255.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.82% (down 2457.0% YoY), and the FY2025 annual result was 22.94%, down 2824.0% from the prior year.
- FCF Margin grew to 28.74% in Q1 2026 per META's latest filing, from 40.64% in the prior quarter.
- Over five years, FCF Margin peaked at 104.4% in Q4 2022 and troughed at 40.64% in Q4 2025.
- A 5-year average of 39.85% and a median of 33.28% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2023 and 2025: FCF Margin surged 8336 bps in 2023, then plunged 13094 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 104.4% in 2022, then slumped by 53 bps to 49.38% in 2023, then jumped by 83 bps to 90.3% in 2024, then plunged by 145 bps to 40.64% in 2025, then surged by 171 bps to 28.74% in 2026.
- Business Quant data shows META's FCF Margin at 28.74% in Q1 2026, 40.64% in Q4 2025, and 61.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 1,185.69% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 9.21% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 28.74% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 18.55% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 46.90% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 30.94% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 0.06% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 20.14% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 18.71% |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 23.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.74% |
| Dec 31, 2025 | -40.64% |
| Sep 30, 2025 | 61.44% |
| Jun 30, 2025 | 58.68% |
| Mar 31, 2025 | 26.20% |
| Dec 31, 2024 | 90.30% |
| Sep 30, 2024 | 12.62% |
| Jun 30, 2024 | 57.69% |
| Mar 31, 2024 | 35.24% |
| Dec 31, 2023 | 49.38% |
| Sep 30, 2023 | 84.50% |
| Jun 30, 2023 | 27.56% |
| Mar 31, 2023 | 33.28% |
| Dec 31, 2022 | 104.40% |
| Sep 30, 2022 | 1.14% |
| Jun 30, 2022 | 16.04% |
| Mar 31, 2022 | 30.94% |
| Dec 31, 2021 | 51.48% |
| Sep 30, 2021 | 47.24% |
| Jun 30, 2021 | 52.62% |