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 | 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| Date | Value |
|---|---|
| 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 |