Meta Platforms (META) Free Cash Flow (2011 - 2026)

Meta Platforms (META) posted quarterly Free Cash Flow of $1.7 billion for Q2 2026, down 80.65% year-over-year from $9.0 billion in Q2 2025, and down 86.8% quarter-over-quarter from $13.2 billion in Q1 2026.

Meta Platforms (META) Free Cash Flow (2011 - 2026) Analysis & Trends

Meta Platforms (META) has reported Free Cash Flow for 16 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Free Cash Flow fell 80.65% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $41.0 billion (down 18.27% YoY), while the FY2025 annual figure was $46.1 billion, down 14.73% from the prior year.
  • Free Cash Flow declined to $1.7 billion in Q2 2026 per META's latest filing, from $13.2 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $16.5 billion in Q3 2024 and bottomed at $317.0 million in Q3 2022.
  • Historically, Free Cash Flow has averaged $9.9 billion across 5 years, with a median of $11.2 billion in 2023.
  • Annual changes were most pronounced in 2022 — Free Cash Flow sank 96.75% — and 2023, when it surged 4286.75%.
  • Meta Platforms' Free Cash Flow stood at $5.7 billion in 2022, then jumped by 106.76% to $11.8 billion in 2023, then climbed by 14.82% to $13.6 billion in 2024, then increased by 9.35% to $14.8 billion in 2025, then tumbled by 88.23% to $1.7 billion in 2026.
  • Business Quant data shows META's Free Cash Flow at $1.7 billion in Q2 2026, $13.2 billion in Q1 2026, and $14.8 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alphabet 4,253.76 Bn 3,824.72 Bn 73.85 Bn -5.86 Bn
2 Meta Platforms 1,517.54 Bn 1,427.28 Bn 49.47 Bn 1.75 Bn
3 Taboola.com 1,126.58 Bn 1,126.44 Bn 139.48 Mn -
4 Baidu 289.27 Bn 284.78 Bn 1.88 Mn 1.24 Bn
5 Spotify Technology 104.55 Bn 94.31 Bn 1.75 Bn 984.60 Mn
6 Joyy 77.74 Bn 76.85 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 290,746.00
8 Nebius 49.41 Bn 39.79 Bn 295.20 Mn 4.73 Bn
9 Reddit 30.51 Bn 27.72 Bn 734.60 Mn 260.74 Mn
10 Tencent Music Entertainment 27.01 Bn 24.31 Bn 514.00 Mn 336.67 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.75 Bn
Jun 30, 2026 1.75 Bn
Mar 31, 2026 13.23 Bn
Mar 31, 2026 13.23 Bn
Dec 31, 2025 36.02 Bn
Dec 31, 2025 36.02 Bn
Sep 30, 2025 50.34 Bn
Sep 30, 2025 50.34 Bn
Jun 30, 2025 5.42 Bn
Jun 30, 2025 5.42 Bn
Mar 31, 2025 14.69 Bn
Mar 31, 2025 14.69 Bn
Dec 31, 2024 43.69 Bn
Dec 31, 2024 43.69 Bn
Sep 30, 2024 5.12 Bn
Sep 30, 2024 5.12 Bn
Jun 30, 2024 22.54 Bn
Jun 30, 2024 22.54 Bn
Mar 31, 2024 12.85 Bn
Mar 31, 2024 12.85 Bn