For the year ending 2025-12-31, META had -$6,338M decrease in cash & cash equivalents over the period. $46,109M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | 60,458 | 62,360 | 39,098 |
| Depreciation and amortization | 18,616 | 15,498 | 11,178 |
| Share-based compensation | 20,427 | 16,690 | 14,027 |
| Deferred income taxes | 18,738 | -4,738 | 131 |
| Unrealized (gain) loss on equity investments | 1,138 | - | - |
| Impairment charges for facilities consolidation | 0 | 383 | 2,432 |
| Restructuring charges-Data Center Assets | - | 0 | -224 |
| Other | 416 | -87 | -635 |
| Accounts receivable | 1,815 | 1,485 | 2,399 |
| Prepaid expenses and other current assets | 89 | 698 | -559 |
| Other assets | 481 | 270 | 80 |
| Accounts payable | -14 | 373 | 51 |
| Partners payable | - | - | -271 |
| Accrued expenses and other current liabilities | 1,077 | 323 | 5,352 |
| Other liabilities | 437 | 2,805 | 624 |
| Net cash provided by operating activities | 115,800 | 91,328 | 71,113 |
| Purchases of property and equipment | 69,691 | 37,256 | 27,266 |
| Purchases of marketable securities | 36,929 | 25,542 | - |
| Sales and maturities of marketable securities | 26,874 | 15,789 | - |
| Proceeds relating to property and equipment | - | - | 221 |
| Payments for held-for-sale assets | 2,432 | - | - |
| Purchases of marketable debt securities | - | - | 2,982 |
| Proceeds from venture distribution | 2,554 | - | - |
| Sales and maturities of marketable debt securities | - | - | 6,184 |
| Purchases of non-marketable equity investments | 18,330 | - | - |
| Acquisitions of businesses and intangible assets | 4,231 | 270 | 629 |
| Other investing activities | -182 | -129 | 23 |
| Net cash used in investing activities | -102,003 | -47,150 | -24,495 |
| Taxes paid related to net share settlement of equity awards | 18,400 | 13,770 | 7,012 |
| Repurchases of class a common stock | 26,248 | 30,125 | 19,774 |
| Payments for dividends and dividend equivalents | 5,324 | 5,072 | - |
| Proceeds from issuance of long-term debt, net | 29,906 | 10,432 | 8,455 |
| Principal payments on finance leases | 2,524 | 1,969 | 1,058 |
| Other financing activities | 2,220 | -277 | -111 |
| Net cash used in financing activities | -20,370 | -40,781 | -19,500 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash equivalents | 235 | -786 | 113 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash equivalents | -6,338 | 2,611 | 27,231 |
| Cash and cash equivalents at beginning of period | 45,438 | 42,827 | 15,596 |
| Cash and cash equivalents at end of period | 39,100 | 45,438 | 42,827 |
Meta Platforms, Inc. (META)
Meta Platforms, Inc. (META)