Meta Platforms, Inc.

NasdaqGS-META

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	2,709	18,337	16,644	20,838	15,688	13,465
Net Income
Depreciation & Amortization	4,963	4,342	3,900	4,460	4,027	3,637
Depreciation and Amortization
Stock Based Compensation	5,556	4,834	4,147	4,262	4,250	4,616
Share-Based Compensation
Other Adjustments	18,922	-858	-1,224	-1,069	-1,022	-1,607
Deferred Income Taxes
Tax Benefit from Share-Based Award Activity
Excess Tax Benefit from Share-Based Award Activity
Impairment Charges for Facilities Consolidation, Net
Data Center Assets Abandonment
Unrealized Gain on Marketable Equity Securities
Other
Fair Value Adjustments for Non-Marketable Securities
Other
Changes in Trade Receivables	-806	-1,338	2,804	-2,978	143	-1,170
Accounts Receivable
Changes in Accounts Payable	-63	460	-1,034	568	667	250
Accounts Payable
Partners Payable
Changes in Accrued Expenses	455	-1,107	-2,231	1,522	572	-497
Accrued Expenses and Other Current Liabilities
Changes in Unearned Revenue	—	—	—	—	—	—
Deferred Revenue and Deposits
Changes in Other Operating Activities	-1,737	1,028	1,020	384	688	676
Prepaid Expenses and Other Current Assets
Other Assets
Other Liabilities
Cash from Operating Activities	29,999	25,561	24,026	27,988	24,724	19,370
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-18,829	-16,538	-12,941	-14,425	-8,258	-8,173
Purchases of Property and Equipment
Proceeds from Sale of Property, Plant & Equipment	—	—	—	—	—	—
Proceeds Relating to Property and Equipment
Purchases of Investments	-5,886	-22,860	-11,763	-10,898	-4,471	-3,296
Purchases of Marketable Debt Securities
Purchases of Marketable Securities
Purchases of Non-Marketable Equity Investments
Proceeds from Sale of Investments	4,704	14,273	4,784	3,817	4,114	3,233
Sales of Marketable Debt Securities
Maturities of Marketable Debt Securities
Sales and Maturities of Marketable Securities
Maturities of Marketable Securities
Payments for Business Acquisitions	-753	-61	—	-9	-132	-57
Acquisitions of Businesses and Intangible Assets
Other Investing Activities	-1,084	-671	-90	7	127	67
Payments for Held-for-Sale Assets
Change in Restricted Cash and Deposits
Other Investing Activities
Cash from Investing Activities	-21,848	-25,958	-20,010	-21,498	-8,620	-8,298
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	—	—	—	—	10,432	—
Proceeds from Issuance of Long-Term Debt, Net
Repayments of Long-Term Debt	-545	-474	-751	-411	-944	-299
Principal Payments on Finance Leases
Net Issuance / (Repayments) of Long-Term Debt	-545	-474	-751	-411	9,488	-299
Issuance of Common Shares	—	—	—	—	—	—
Excess Tax Benefit from Share-Based Award Activity
Repurchases of Common Shares	-8,462	-14,277	-17,637	-3,857	-12,361	-9,507
Taxes Paid Related to Net Share Settlement of Equity Awards
Repurchases of Class a Common Stock
Net Issuance / (Repurchases) of Common Shares	-8,462	-14,277	-17,637	-3,857	-12,361	-9,507
Common Share Dividends Paid	-1,330	-1,327	-1,329	-1,270	-1,263	-1,266
Payments for Dividends and Dividend Equivalents
Other Financing Activities	290	101	222	73	-235	-106
Net Change in Overdraft in Cash Pooling Entities
Other Financing Activities
Cash from Financing Activities	-10,047	-15,977	-19,495	-5,465	-4,371	-11,178
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	11,170	9,023	11,085	13,563	16,466	11,197
NOPAT	2,567.9	18,254	15,895.2	20,671.7	15,272.5	13,234.1
Levered Free Cash Flow	-13,047	6,048	4,607	12,936	22,872	9,059
Unlevered Free Cash Flow	-12,643.1	6,439	4,609.2	13,180.7	12,968.5	9,127.1
Net Change in Cash	-1,896	-16,374	-15,479	1,025	11,733	-106