Meta Platforms (META) FCF Margin (2011 - 2026)
Meta Platforms (META) posted quarterly FCF Margin of 2.87% for Q2 2026, down 1612.0% year-over-year from 0.19% in Q2 2025, and down 87.78% quarter-over-quarter from 23.49% in Q1 2026.
Meta Platforms (META) FCF Margin (2011 - 2026) Analysis & Trends
Meta Platforms (META) has reported FCF Margin for 16 consecutive years, with 2.87% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin fell 1612.0% year-over-year to 2.87%; the TTM figure through Jun 2026 stood at 17.95% (down 1009.0% YoY), while the FY2025 annual figure was 22.94%, down 993.0% from the prior year.
- FCF Margin slipped to 2.87% in Q2 2026 per META's latest filing, from 23.49% in the prior quarter.
- Across five years, FCF Margin topped out at 40.73% in Q3 2023 and bottomed at 1.14% in Q3 2022.
- Historically, FCF Margin has averaged 24.81% across 5 years, with a median of 25.62% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin plunged 3244 bps — and 2023, when it surged 3958 bps.
- Meta Platforms' FCF Margin stood at 17.76% in 2022, then jumped by 66 bps to 29.45% in 2023, then retreated by 5 bps to 28.03% in 2024, then decreased by 12 bps to 24.76% in 2025, then sank by 88 bps to 2.87% in 2026.
- Business Quant data shows META's FCF Margin at 2.87% in Q2 2026, 23.49% in Q1 2026, and 24.76% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,253.34 Bn | 3,824.30 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,548.59 Bn | 1,458.33 Bn | 49.47 Bn | 2.87% |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.09 Bn | 284.60 Bn | 1.88 Mn | 26.66% |
| 5 | Spotify Technology | 104.28 Bn | 94.04 Bn | 1.75 Bn | 18.55% |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 54.09% |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn | 1,185.69% |
| 9 | 30.74 Bn | 27.96 Bn | 734.60 Mn | 32.39% | |
| 10 | Tencent Music Entertainment | 27.35 Bn | 24.65 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.87% |
| Mar 31, 2026 | 23.49% |
| Dec 31, 2025 | 60.14% |
| Sep 30, 2025 | 98.24% |
| Jun 30, 2025 | 11.41% |
| Mar 31, 2025 | 34.71% |
| Dec 31, 2024 | 90.30% |
| Sep 30, 2024 | 12.62% |
| Jun 30, 2024 | 57.69% |
| Mar 31, 2024 | 35.24% |
| Dec 31, 2023 | -7.82% |
| Sep 30, 2023 | 57.81% |
| Jun 30, 2023 | 56.03% |
| Mar 31, 2023 | 33.28% |
| Dec 31, 2022 | 17.76% |
| Sep 30, 2022 | 1.14% |
| Jun 30, 2022 | 10.03% |
| Mar 31, 2022 | 37.15% |
| Dec 31, 2021 | 6.09% |
| Sep 30, 2021 | 47.24% |