Meta Platforms, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $60.46B | $62.36B | $39.10B | $23.20B | $39.37B | $29.15B | $18.49B | $22.11B |
| Depreciation & Amortization | $18.62B | $15.50B | $11.18B | $8.69B | $7.97B | $6.86B | $5.74B | $4.32B |
| Depreciation | $18.00B | $15.29B | $11.02B | $8.50B | $7.56B | $6.39B | $5.18B | $3.68B |
| Amortization | $615.0M | $211.0M | $161.0M | $185.0M | $407.0M | $473.0M | $562.0M | $640.0M |
| Stock-Based Compensation | $20.43B | $16.69B | $14.03B | $11.99B | $9.16B | $6.54B | $4.84B | $4.15B |
| Net Cash from Operating Activities | $115.80B | $91.33B | $71.11B | $50.48B | $57.68B | $38.75B | $36.31B | $29.27B |
| Investing Activities | ||||||||
| Capital Expenditures | $69.69B | $37.26B | $27.05B | $31.19B | $18.69B | $15.16B | $15.10B | $13.92B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-102.00B | $-47.15B | $-24.50B | $-28.97B | $-7.57B | $-30.06B | $-19.86B | $-11.60B |
| Financing Activities | ||||||||
| Dividends Paid | $5.32B | $5.07B | $0 | $0 | — | — | — | — |
| Stock Repurchases | $26.25B | $30.13B | $19.77B | $27.96B | $44.54B | $6.27B | $4.20B | $12.88B |
| Net Cash from Financing Activities | $-20.37B | $-40.78B | $-19.50B | $-22.14B | $-50.73B | $-10.29B | $-7.30B | $-15.57B |
| Net Change in Cash | $-6.34B | $2.61B | $27.23B | $-1.27B | $-1.09B | $-1.33B | $9.16B | $1.92B |
| Free Cash Flow | $46.11B | $54.07B | $44.07B | $19.29B | $38.99B | $23.58B | $21.21B | $15.36B |