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Meta free cash flow, 2010–2025

Meta's free cash flow was $46.1 billion in the fiscal year ended Dec. 31, 2025, down 14.7% from $54.1 billion the year before: operating cash flow minus capital expenditures as reported in its Form 10-K (our arithmetic).

$46.1Blatest fiscal year (ended Dec. 31, 2025)
−14.7%change from the year before
$54.1Bhighest year shown (2024)
2010: $405.0M ’10 2011: $943.0M 2012: $377.0M ’12 2013: $2.86B 2014: $5.50B ’14 2015: $7.80B 2016: $11.6B ’16 2017: $17.5B 2018: $15.4B ’18 2019: $21.2B 2020: $23.6B ’20 2021: $39.0B 2022: $19.3B ’22 2023: $44.1B 2024: $54.1B ’24 2025: $46.1B ’25

Fiscal years labeled by the year in which they ended. Bars drawn from the table below.

Meta free cash flow by fiscal year

Fiscal year endedFree cash flowChangeFiling
Dec. 31, 2025 $46.1B −14.7% 10-K (2026) ↗
Dec. 31, 2024 $54.1B +22.7% 10-K (2026) ↗
Dec. 31, 2023 $44.1B +128.5% 10-K (2026) ↗
Dec. 31, 2022 $19.3B −50.5% 10-K (2025) ↗
Dec. 31, 2021 $39.0B +65.3% 10-K (2024) ↗
Dec. 31, 2020 $23.6B +11.2% 10-K (2023) ↗
Dec. 31, 2019 $21.2B +38.1% 10-K (2022) ↗
Dec. 31, 2018 $15.4B −12.1% 10-K (2021) ↗
Dec. 31, 2017 $17.5B +50.5% 10-K (2020) ↗
Dec. 31, 2016 $11.6B +49.0% 10-K (2019) ↗
Dec. 31, 2015 $7.80B +41.9% 10-K (2018) ↗
Dec. 31, 2014 $5.50B +92.1% 10-K (2017) ↗
Dec. 31, 2013 $2.86B +658.6% 10-K (2016) ↗
Dec. 31, 2012 $377.0M −60.0% 10-K (2015) ↗
Dec. 31, 2011 $943.0M +132.8% 10-K (2014) ↗
Dec. 31, 2010 $405.0M — 10-K (2013) ↗

Other Meta financials

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FAQ

Q What was Meta's free cash flow in its latest fiscal year?

A Meta's free cash flow was $46.1 billion in the fiscal year ended Dec. 31, 2025, down 14.7% from $54.1 billion the year before: operating cash flow minus capital expenditures as reported in its Form 10-K (our arithmetic).

Q What is Meta's highest annual free cash flow on record here?

A $54.1 billion, in the fiscal year ended Dec. 31, 2024, among the fiscal years 2010–2025 reported in its 10-K XBRL data.

Q Where does this free cash flow data come from?

A From Meta's annual reports on Form 10-K, as tagged in XBRL and published by the SEC (company facts). Our arithmetic: operating cash flow minus capital expenditures, both as reported. Companies that publish their own free cash flow figure may define it differently.

Source: Meta's annual reports on Form 10-K via SEC XBRL company facts, updated Oct. 15, 2026. Our arithmetic: operating cash flow minus capital expenditures, both as reported. Companies that publish their own free cash flow figure may define it differently. For each year the most recent 10-K that reports it is used, so a figure a company later restated shows the restated value; the filing link shows which report it came from. Change is our arithmetic. Financial data, not investment advice.