Meta Platforms (META) Other Working Capital Changes (2011 - 2026)
Meta Platforms (META) posted Other Working Capital Changes of $645 million for Q2 2026, down 27.7% from $892 million a year earlier.
Meta Platforms (META) Other Working Capital Changes (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Working Capital Changes at Meta Platforms was -$5.65 billion; for FY2025, it was $481 million, down 82.9% from FY2024.
- In prior years, Meta Platforms' Other Working Capital Changes was $2.81 billion in FY2024 (+349.5%), $624 million in FY2023 (-29.6%), $886 million in FY2022 (-49.4%) and $1.75 billion in FY2021.
- Quarterly Other Working Capital Changes has run from a low of -$5.17 billion in Q1 2026 to a high of $1.11 billion in Q4 2024 over five years.
- On a year-over-year basis, Other Working Capital Changes increased in two of the last four quarters, with growth averaging 25.6%.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was Q3 2022, with growth of 228.5%; the weakest was Q2 2023, with a decline of 87.6%.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was -$5.17 billion (Q1 2026), -$387 million (Q4 2025) and -$736 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -161.00 Mn |
| Mar 31, 2026 | -7.60 Bn |
| Dec 31, 2025 | -564.00 Mn |
| Sep 30, 2025 | -1.77 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 584.00 Mn |
| Sep 30, 2024 | 774.00 Mn |
| Jun 30, 2024 | 566.00 Mn |
| Mar 31, 2024 | 183.00 Mn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | -980.00 Mn |
| Jun 30, 2023 | -205.00 Mn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.33 Bn |
| Sep 30, 2022 | -298.00 Mn |
| Jun 30, 2022 | -500.00 Mn |
| Mar 31, 2022 | 516.00 Mn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 90.00 Mn |
Meta Platforms Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=META&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "META", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();