Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Meta Platforms Inc., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income 20,838 15,688 13,465 12,369 14,017 11,583 7,789 5,709 4,653 4,395 6,687 7,465 10,285 9,193 10,395 9,497 11,219 7,846 5,179 4,902
Depreciation and amortization 4,460 4,027 3,637 3,374 3,172 2,859 2,623 2,524 2,376 2,175 1,979 2,156 2,014 1,995 1,986 1,972 1,863 1,698 1,704 1,597
Share-based compensation 4,262 4,250 4,616 3,562 3,424 3,492 4,060 3,051 3,008 3,134 3,352 2,498 2,407 2,378 2,549 1,830 1,784 1,722 1,695 1,335
Deferred income taxes (1,332) (1,308) (1,642) (456) (1,161) 3,049 (1,137) (620) (1,173) (1,097) (453) (563) 748 (786) 229 418 (376) (1,506) 213 477
Impairment charges for facilities consolidation, net 95 8 40 240 1,090 340 232 770 1,805 413
Data center assets abandonment (224) 1,341
Other 169 (11) (5) (66) 357 74 211 (7) 570 104 188 (221) 34 (73) (22) (66) 62 7 43 6
Accounts receivable (2,978) 143 (1,170) 2,520 (2,843) (678) (1,424) 2,546 (1,699) (105) (522) 2,557 (2,038) (555) (1,366) 849 (3,059) (377) (122) 2,046
Prepaid expenses and other current assets (530) (184) (84) 100 700 (908) (54) 821 855 (831) (435) 573 816 (253) (1,852) (461) 224 264 (324) (29)
Other assets (200) (29) 53 (94) (111) (36) 37 30 54 (28) (24) (108) (165) 11 (185) (10) (26) 7 1 (16)
Accounts payable 568 667 250 (1,112) 594 612 (51) (1,104) 876 (21) 237 (882) 876 694 116 (250) (56) 139 (56) (44)
Accrued expenses and other current liabilities 1,522 572 (497) (1,274) (274) 87 5,174 94 1,405 1,013 1,276 606 2,713 1,143 1,423 (1,747) 2,494 (87) (3,970) 795
Other liabilities 1,114 901 707 83 663 (72) (151) 184 440 540 (89) (5) 414 343 (26) 210 (89) 116 (486) (68)
Changes in assets and liabilities (504) 2,070 (741) 223 (1,271) (995) 3,531 2,571 1,931 568 443 2,741 2,616 1,383 (1,890) (1,409) (512) 62 (4,957) 2,684
Adjustments to reconcile net income to net cash provided by operating activities 7,150 9,036 5,905 6,877 5,387 8,819 9,520 8,289 9,858 5,297 5,509 6,611 7,819 4,897 2,852 2,745 2,821 1,983 (1,302) 6,099
Net cash provided by operating activities 27,988 24,724 19,370 19,246 19,404 20,402 17,309 13,998 14,511 9,692 12,196 14,076 18,104 14,090 13,247 12,242 14,040 9,829 3,877 11,001
Purchases of property and equipment (14,425) (8,258) (8,173) (6,400) (7,592) (6,496) (6,134) (6,823) (8,988) (9,355) (7,528) (5,315) (5,369) (4,314) (4,612) (4,272) (4,613) (3,689) (3,255) (3,558)
Purchases of marketable debt securities (10,898) (4,468) (3,289) (6,887) (1,172) (1,007) (718) (85) (741) (2,597) (2,220) (4,068) (6,093) (7,786) (10,297) (6,231) (5,737) (14,130) (6,179) (7,884)
Sales and maturities of marketable debt securities 3,817 4,114 3,233 4,625 2,359 1,474 1,817 534 2,263 2,269 3,159 5,467 17,937 11,985 7,033 5,631 5,267 7,255 5,841 7,408
Acquisitions of businesses and intangible assets (9) (132) (57) (72) (64) (38) (83) (444) (62) (34) (363) (853) (521) (71) (259) (4) (12) (339) (33)
Other investing activities 17 124 (12) (3) (10) (85) 75 (3) 16 (7) (10) (125) (144) (60) (2) (86) (6,023) (246) (42)
Net cash used in investing activities (21,498) (8,620) (8,298) (8,734) (6,472) (6,077) (5,203) (6,743) (7,531) (9,701) (6,959) (4,779) 5,829 (330) (8,195) (4,874) (5,173) (16,599) (4,178) (4,109)
Taxes paid related to net share settlement of equity awards (3,857) (3,543) (3,208) (3,162) (2,223) (2,088) (1,692) (1,009) (657) (1,011) (1,002) (925) (1,508) (1,575) (1,355) (1,077) (1,120) (1,000) (754) (690)
Repurchases of Class A common stock (8,818) (6,299) (15,008) (5,942) (3,569) (898) (9,365) (6,863) (6,354) (5,233) (9,506) (20,061) (13,458) (7,079) (3,939) (1,929) (1,725) (1,368) (1,250)
Payments for dividends and dividend equivalents (1,270) (1,263) (1,266) (1,273)
Proceeds from issuance of long-term debt, net 10,432 8,455 9,921
Principal payments on finance leases (411) (944) (299) (315) (307) (267) (220) (264) (235) (163) (219) (233) (172) (231) (123) (151) (206) (189) (109) (100)
Other financing activities 73 (235) (106) (9) 71 49 (353) 122 695 (246) (109) 4 (1) 12 8 (18) 48 3 79 18
Net cash used in financing activities (5,465) (4,371) (11,178) (19,767) (8,401) (5,875) 5,292 (10,516) (7,060) 2,147 (6,563) (10,660) (21,742) (15,252) (8,549) (5,185) (3,207) (2,911) (2,152) (2,022)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (714) 368 (152) (288) 396 (354) (14) 85 425 (365) (549) (149) (130) (215) 117 (246) 315 91 95 (222)
Net increase (decrease) in cash, cash equivalents, and restricted cash 311 12,101 (258) (9,543) 4,927 8,096 17,384 (3,176) 345 1,773 (1,875) (1,512) 2,061 (1,707) (3,380) 1,937 5,975 (9,590) (2,358) 4,648

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Meta Platforms Inc. net cash provided by operating activities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Meta Platforms Inc. net cash used in investing activities decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Net cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Meta Platforms Inc. net cash used in financing activities increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.