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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 971.73 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 7.90 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 260.74 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 420.61 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 269.93 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 352.53 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 120.54 Mn |
Historic Data
Download Data
Historic 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 | 14.83 Bn |
| Dec 31, 2025 | 14.83 Bn |
| Sep 30, 2025 | 11.17 Bn |
| Sep 30, 2025 | 11.17 Bn |
| Jun 30, 2025 | 9.02 Bn |
| Jun 30, 2025 | 9.02 Bn |
| Mar 31, 2025 | 11.09 Bn |
| Mar 31, 2025 | 11.09 Bn |
| Dec 31, 2024 | 13.56 Bn |
| Dec 31, 2024 | 13.56 Bn |
| Sep 30, 2024 | 16.47 Bn |
| Sep 30, 2024 | 16.47 Bn |
| Jun 30, 2024 | 11.20 Bn |
| Jun 30, 2024 | 11.20 Bn |
| Mar 31, 2024 | 12.85 Bn |
| Mar 31, 2024 | 12.85 Bn |