Meta Platforms (META) Other Working Capital Changes (2017 - 2021)
Meta Platforms (META) posted quarterly Other Working Capital Changes of $645.0 million for Q2 2026, down 27.69% year-over-year from $892.0 million in Q2 2025, and up 112.47% quarter-over-quarter from -$5.2 billion in Q1 2026.
Analysis
Meta Platforms (META) Other Working Capital Changes (2017 - 2021) Analysis & Trends
Meta Platforms (META) has reported Other Working Capital Changes for 10 consecutive years, with $645.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Other Working Capital Changes fell 27.69% year-over-year to $645.0 million; the TTM figure through Jun 2026 stood at -$5.7 billion (down 257.36% YoY), while the FY2025 annual figure was $437.0 million, down 84.42% from the prior year.
- Other Working Capital Changes grew to $645.0 million in Q2 2026 per META's latest filing, from -$5.2 billion in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $2.4 billion in Q1 2026 and bottomed at -$855.0 million in Q4 2022.
- Historically, Other Working Capital Changes has averaged $204.9 million across 5 years, with a median of $130.0 million in 2024.
- Annual changes were most pronounced in 2024 — Other Working Capital Changes surged 1351.39% — and 2026, when it tumbled 826.54%.
- Meta Platforms' Other Working Capital Changes stood at $475.0 million in 2022, then jumped by 39.58% to $663.0 million in 2023, then jumped by 68.02% to $1.1 billion in 2024, then plunged by 138.69% to -$431.0 million in 2025, then surged by 249.65% to $645.0 million in 2026.
- Business Quant data shows META's Other Working Capital Changes at $645.0 million in Q2 2026, -$5.2 billion in Q1 2026, and -$431.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 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 |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 100.00 Mn |
| Dec 31, 2021 | 100.00 Mn |
| Dec 31, 2021 | 100.00 Mn |
| Sep 30, 2021 | 78.00 Mn |
| Sep 30, 2021 | 78.00 Mn |
| Sep 30, 2021 | 78.00 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Mar 31, 2021 | 6.00 Mn |
| Mar 31, 2021 | 6.00 Mn |
| Mar 31, 2021 | 6.00 Mn |
| Dec 31, 2020 | -3.00 Mn |
| Dec 31, 2020 | -3.00 Mn |
| Dec 31, 2020 | -3.00 Mn |
| Sep 30, 2020 | 112.00 Mn |
| Sep 30, 2020 | 112.00 Mn |
| Sep 30, 2020 | 112.00 Mn |
| Jun 30, 2020 | 15.00 Mn |
| Jun 30, 2020 | 15.00 Mn |