Meta Platforms (META) FCF Margin (2016 - 2026)
On a quarterly basis, FCF Margin rose 255.0% to 28.74% in Q1 2026 year-over-year; TTM through Mar 2026 was 23.82%, a 2457.0% decrease, with the full-year FY2025 number at 22.94%, down 2824.0% from a year prior.
Meta Platforms (META) has 16 years of FCF Margin data on record, last reported at 28.74% in Q1 2026.
- FCF Margin reached 28.74% in Q1 2026 per META's latest filing, up from 40.64% in the prior quarter.
- Over the last five years, FCF Margin for META hit a ceiling of 104.4% in Q4 2022 and a floor of 40.64% in Q4 2025.
- A 5-year average of 39.85% and a median of 33.28% in 2023 define the central range for FCF Margin.
- Peak YoY movement for FCF Margin: skyrocketed 8336bps in 2023, then plummeted -13094bps in 2025.
- Tracing META's FCF Margin over 5 years: stood at 104.4% in 2022, then tumbled by -53bps to 49.38% in 2023, then skyrocketed by 83bps to 90.3% in 2024, then plummeted by -145bps to 40.64% in 2025, then surged by 171bps to 28.74% in 2026.
- Business Quant data shows FCF Margin for META at 28.74% in Q1 2026, 40.64% in Q4 2025, and 61.44% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,539.18 Bn | 1,458.00 Bn | 46.09 Bn | 28.74% |
| 2 | Spotify Technology | 118.05 Bn | 107.81 Bn | 1.75 Bn | 18.55% |
| 3 | 28.76 Bn | 25.99 Bn | 511.94 Mn | 46.90% | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 1,185.69% |
| 5 | 12.01 Bn | 10.71 Bn | 768.96 Mn | 30.94% | |
| 6 | Strive | 9.69 Bn | 9.62 Bn | - | 250.15% |
| 7 | Snap | 9.60 Bn | 6.78 Bn | 1.29 Bn | 18.71% |
| 8 | Match | 8.34 Bn | 7.31 Bn | 653.28 Mn | 20.14% |
| 9 | Baidu | 5.09 Bn | -5.87 Bn | 1.88 Mn | 8.29% |
| 10 | Iac | 3.16 Bn | 2.06 Bn | 289.86 Mn | 0.47% |
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% |
| Mar 31, 2021 | 30.34% |
| Dec 31, 2020 | 49.79% |
| Sep 30, 2020 | 43.24% |
| Jun 30, 2020 | 31.27% |
| Mar 31, 2020 | 41.96% |
| Dec 31, 2019 | 23.64% |
| Sep 30, 2019 | 32.72% |
| Jun 30, 2019 | 16.36% |
| Mar 31, 2019 | 51.01% |
| Dec 31, 2018 | 42.37% |
| Sep 30, 2018 | 52.01% |
| Jun 30, 2018 | 60.19% |
| Mar 31, 2018 | 42.19% |
| Dec 31, 2017 | 86.79% |
| Sep 30, 2017 | 42.33% |
| Jun 30, 2017 | 42.01% |
| Mar 31, 2017 | 47.15% |
| Dec 31, 2016 | 8.60% |
| Sep 30, 2016 | 54.29% |
| Jun 30, 2016 | 73.15% |