← Meta Platforms, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $10.2b | $15.9b | $22.1b | $18.5b | $29.1b | $39.4b | $23.2b | $39.1b | $62.4b | $60.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $10.2b | $15.9b | $22.1b | $18.5b | $29.1b | $39.4b | $23.2b | $39.1b | $62.4b | $60.5b | |
| Amortization of Intangible Assets | $751.0m | $692.0m | $640.0m | $562.0m | $473.0m | $407.0m | $185.0m | $161.0m | $211.0m | $615.0m | |
| Depreciation | $1.6b | $2.3b | $3.7b | $5.2b | $6.4b | $7.6b | $8.5b | $11.0b | $15.3b | $18.0b | |
| Depreciation, Depletion and Amortization | $2.3b | $3.0b | $4.3b | $5.7b | $6.9b | $8.0b | $8.7b | $11.2b | $15.5b | $18.6b | |
| Deferred Income Tax Expense (Benefit) | ($457.0m) | ($377.0m) | $286.0m | ($37.0m) | ($1.2b) | $609.0m | ($3.3b) | $131.0m | ($4.7b) | $18.8b | |
| Deferred income taxes | ($457.0m) | ($377.0m) | $286.0m | ($37.0m) | ($1.2b) | $609.0m | ($3.3b) | $131.0m | ($4.7b) | $18.7b | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $0 | — | — | — | — | — | — | — | |
| Impairment charges for facilities consolidation | — | — | — | — | — | $0 | $2.2b | $2.4b | $383.0m | $0 | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $3.2b | $3.2b | $2.3b | $3.6b | $5.5b | $3.6b | $7.0b | $13.8b | $18.4b | |
| Share-based Payment Arrangement, Expense | $3.2b | $3.7b | $4.2b | $4.8b | $6.5b | $9.2b | $12.0b | $14.0b | $16.7b | $20.4b | |
| Share-based Payment Arrangement, Noncash Expense | $3.2b | $3.7b | $4.2b | $4.8b | $6.5b | $9.2b | $12.0b | $14.0b | $16.7b | $20.4b | |
| Share-based compensation | $3.2b | $3.7b | $4.2b | $4.8b | $6.5b | $9.2b | $12.0b | $14.0b | $16.7b | $20.4b | |
| Income Tax Expense (Benefit) | $2.3b | $4.7b | $3.2b | $6.3b | $4.0b | $7.9b | $5.6b | $8.3b | $8.3b | $25.5b | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $715.0m | $1.2b | |
| Other Nonoperating Income (Expense) | $1.0m | $5.0m | $9.0m | $27.0m | ($34.0m) | $210.0m | ($320.0m) | ($150.0m) | $171.0m | $1.3b | |
| Purchases of non-marketable equity investments | — | — | — | — | ($6.4b) | ($47.0m) | ($5.0m) | ($1.0m) | ($11.0m) | ($18.3b) | |
| Unrealized (gain) loss on equity investments | — | — | — | — | — | — | — | $102.0m | ($53.0m) | ($1.1b) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Accounts Receivable, Credit Loss Expense (Reversal) | $66.0m | $48.0m | $77.0m | — | — | — | — | — | — | — | |
| Accounts payable | $14.0m | $43.0m | $221.0m | $113.0m | ($17.0m) | $1.4b | $210.0m | $51.0m | $373.0m | ($14.0m) | |
| Accounts receivable | ($1.5b) | ($1.6b) | ($1.9b) | ($2.0b) | ($1.5b) | ($3.1b) | $231.0m | ($2.4b) | ($1.5b) | ($1.8b) | |
| Accrued expenses and other current liabilities | $1.0b | $309.0m | $1.4b | $7.3b | ($1.1b) | $3.4b | $4.2b | $5.4b | $323.0m | $1.1b | |
| Acquisition of businesses and intangible assets in accounts payable, accrued expenses and other current liabilities, and other liabilities | — | — | — | — | — | — | $291.0m | $119.0m | $172.0m | $2.7b | |
| Acquisitions of businesses and intangible assets | — | — | — | — | ($388.0m) | ($851.0m) | ($1.3b) | ($629.0m) | ($270.0m) | ($4.2b) | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | ($463.0m) | $102.0m | ($53.0m) | ($1.1b) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | $102.0m | ($53.0m) | $413.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($76.0m) | ($6.0m) | ($213.0m) | ($105.0m) | ($129.0m) | ($140.0m) | ($81.0m) | ($366.0m) | ($690.0m) | $352.0m | |
| General and Administrative Expense | $1.7b | $2.5b | $3.5b | $10.5b | $6.6b | $9.8b | $11.8b | $11.4b | $9.7b | $12.2b | |
| Goodwill | $18.1b | $18.2b | $18.3b | $18.7b | $19.1b | $19.2b | $20.3b | $20.7b | $20.7b | $24.5b | |
| Increase (Decrease) in Accounts Payable | $14.0m | $43.0m | $221.0m | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Receivable | $1.5b | $1.6b | $1.9b | $2.0b | $1.5b | $3.1b | ($231.0m) | $2.4b | $1.5b | $1.8b | |
| Investment Income, Interest | $176.0m | $398.0m | $661.0m | $924.0m | — | — | — | $1.6b | $2.5b | $2.1b | |
| Nonoperating Income (Expense) | $91.0m | $391.0m | $448.0m | $826.0m | $509.0m | $531.0m | ($125.0m) | $677.0m | $1.3b | $2.7b | |
| Other | $30.0m | $24.0m | ($64.0m) | $39.0m | $118.0m | ($127.0m) | $178.0m | $635.0m | $87.0m | ($416.0m) | |
| Other assets | $14.0m | $154.0m | ($159.0m) | $41.0m | ($34.0m) | ($349.0m) | ($106.0m) | ($80.0m) | ($270.0m) | ($481.0m) | |
| Other liabilities | $1.3b | $3.1b | ($634.0m) | $1.2b | ($527.0m) | $941.0m | $886.0m | $624.0m | $2.8b | $437.0m | |
| Payments for held-for-sale assets | — | — | — | — | — | — | — | $0 | $0 | ($2.4b) | |
| Prepaid expenses and other current assets | ($159.0m) | ($192.0m) | ($690.0m) | $47.0m | $135.0m | ($1.8b) | $162.0m | $559.0m | ($698.0m) | ($89.0m) | |
| Principal payments on finance leases | — | $0 | $0 | ($552.0m) | ($604.0m) | ($677.0m) | ($850.0m) | ($1.1b) | ($2.0b) | ($2.5b) | |
| Proceeds from Venture distribution | — | — | — | — | — | — | — | $0 | $0 | $2.6b | |
| Property and equipment in accounts payable and accrued expenses and other current liabilities | $272.0m | $363.0m | $2.0b | $1.9b | $2.2b | $3.4b | $3.3b | $4.1b | $7.1b | $9.3b | |
| Purchases of marketable securities | ($22.3b) | ($25.7b) | ($14.7b) | ($23.9b) | ($33.9b) | ($30.4b) | ($9.6b) | ($3.0b) | ($25.5b) | ($36.9b) | |
| Purchases of property and equipment, accrued but unpaid | $4.5b | $6.7b | $13.9b | $15.1b | $15.1b | $18.6b | $31.4b | $27.3b | $37.3b | $69.7b | |
| Restricted cash equivalents, included in other assets | — | — | — | — | — | — | $621.0m | $866.0m | $1.2b | $2.4b | |
| Sales and maturities of marketable securities | — | — | — | — | — | — | $13.2b | $6.2b | $15.8b | $26.9b | |
| Net Cash Provided by (Used in) Operating Activities | $16.1b | $24.2b | $29.3b | $36.3b | $38.7b | $57.7b | $50.5b | $71.1b | $91.3b | $115.8b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.5b | $6.7b | $13.9b | $15.1b | $15.1b | $18.6b | $31.4b | $27.3b | $37.3b | $69.7b | |
| Other investing activities | $0 | ($13.0m) | ($25.0m) | ($61.0m) | ($36.0m) | ($284.0m) | $1.0m | ($23.0m) | $129.0m | $182.0m | |
| Payments for (Proceeds from) Other Investing Activities | $0 | — | $25.0m | $61.0m | $36.0m | $284.0m | ($1.0m) | $23.0m | ($129.0m) | ($182.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($11.7b) | ($20.0b) | ($11.6b) | ($19.9b) | ($30.1b) | ($7.6b) | ($29.0b) | ($24.5b) | ($47.1b) | ($102.0b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $0 | $0 | $9.9b | $8.5b | $10.4b | $29.9b | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $1.3b | $3.0b | $4.8b | $10.2b | $14.0b | $10.9b | $2.1b | — | — | — | |
| Proceeds from issuance of long-term debt, net | — | — | — | — | $0 | $0 | $9.9b | $8.5b | $10.4b | $29.9b | |
| Payments for Repurchase of Common Stock | — | $2.0b | $12.9b | $4.2b | $6.3b | $44.5b | $28.0b | $19.8b | $30.1b | $26.2b | |
| Repurchases of Class A common stock | $0 | ($2.0b) | ($12.9b) | ($4.2b) | ($6.3b) | ($44.5b) | ($28.0b) | ($19.8b) | ($30.1b) | ($26.2b) | |
| Dividends paid | — | — | — | — | — | — | — | — | $5.1b | $5.3b | |
| Payments for dividends and dividend equivalents | — | — | — | — | — | — | $0 | $0 | ($5.1b) | ($5.3b) | |
| Other financing activities | $2.0m | ($13.0m) | $15.0m | $15.0m | $124.0m | ($13.0m) | $344.0m | ($111.0m) | ($277.0m) | $2.2b | |
| Proceeds from (Payments for) Other Financing Activities | $2.0m | ($13.0m) | $15.0m | $15.0m | $124.0m | ($13.0m) | $344.0m | ($111.0m) | ($277.0m) | $2.2b | |
| Net Cash Provided by (Used in) Financing Activities | ($310.0m) | ($5.2b) | ($15.6b) | ($7.3b) | ($10.3b) | ($50.7b) | ($22.1b) | ($19.5b) | ($40.8b) | ($20.4b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($63.0m) | $232.0m | ($179.0m) | $4.0m | $279.0m | ($474.0m) | ($638.0m) | $113.0m | ($786.0m) | $235.0m | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash equivalents | ($63.0m) | $232.0m | ($179.0m) | $4.0m | $279.0m | ($474.0m) | ($638.0m) | $113.0m | ($786.0m) | $235.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($63.0m) | $232.0m | $1.9b | $9.2b | ($1.3b) | ($1.1b) | ($1.3b) | $27.2b | $2.6b | ($6.3b) | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash equivalents | $3.9b | ($905.0m) | $1.9b | $9.2b | ($1.3b) | ($1.1b) | ($1.3b) | $27.2b | $2.6b | ($6.3b) | |
| Cash and cash equivalents | $8.9b | $8.1b | $10.0b | $19.1b | $17.6b | $16.6b | $14.7b | $41.9b | $43.9b | $35.9b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($63.0m) | $232.0m | $10.1b | $19.3b | $18.0b | $16.9b | $15.6b | $42.8b | $45.4b | $39.1b | |
| Cash, cash equivalents, and restricted cash equivalents at beginning of the period | $9.1b | $8.2b | $10.1b | $19.3b | $18.0b | $16.9b | $15.6b | $42.8b | $45.4b | $39.1b | |
| Restricted cash equivalents, included in prepaid expenses and other current assets | — | — | — | — | — | — | $294.0m | $99.0m | $353.0m | $837.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $11.0m | $0 | $1.0m | — | — | $0 | $0 | $448.0m | $486.0m | $696.0m | |
| Income Taxes Paid, Net | $1.2b | $2.1b | $3.8b | $5.2b | $4.2b | $8.5b | $6.4b | $6.6b | $10.6b | $7.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.