META · 10-K · 2025A · Full report
Cash Used in Financing Activities
Meta Platforms, Inc. · 2026-01-29 · Importance 78 · Surprise 74
Net cash used in financing activities was $20.37 billion in 2025, down from $40.78 billion in 2024.,Financing outflows in 2025 included $26.25 billion for share repurchases, $18.40 billion of taxes paid related to net share settlement of RSUs, and $5.32 billion of dividend and dividend equivalent payments, partially offset by $29.91 billion of net proceeds from the November 2025 note issuance.,The decrease in cash used in financing activities versus 2024 was mostly due to the increased net proceeds from the Notes issuance in 2025.
Key facts
- Cash used in financing activities during 2025 mostly consisted of $26.25 billion for repurchases of Class A common stock, $18.40 billion of taxes paid related to net share settlement of RSUs, and $5.32 billion of payments of dividends and dividend equivalents, partially offset by $29.91 billion net proceeds from the issuance of the Notes.
- Net cash used in investing activities was $(102,003) million for the year ended December 31, 2025.
- Net cash used in financing activities was $(40,781) million for the year ended December 31, 2024.
- Taxes paid related to net share settlement of employee restricted stock unit awards were $18.40 billion during 2025.
- Net cash used in investing activities was $(47,150) million for the year ended December 31, 2024.
- Net cash used in financing activities was $(20,370) million for the year ended December 31, 2025.
- Net cash used in investing activities was $(24,495) million for the year ended December 31, 2023.
- Net cash used in financing activities was $(19,500) million for the year ended December 31, 2023.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -27.9% | Net cash used in investing activities was $(102,003) million for the year ended December 31, 2025. |
| cash | positive | realized | +8.2% | Cash used in financing activities during 2025 mostly consisted of $26.25 billion for repurchases of Class A common stock, $18.40 billion… |
| liability | negative | realized | -8.2% | Cash used in financing activities during 2025 mostly consisted of $26.25 billion for repurchases of Class A common stock, $18.40 billion… |
| cash | negative | realized | -7.2% | Cash used in financing activities during 2025 mostly consisted of $26.25 billion for repurchases of Class A common stock, $18.40 billion… |
| cash | negative | realized | -5.0% | Cash used in financing activities during 2025 mostly consisted of $26.25 billion for repurchases of Class A common stock, $18.40 billion… |
| cash | negative | realized | -1.4% | Cash used in financing activities during 2025 mostly consisted of $26.25 billion for repurchases of Class A common stock, $18.40 billion… |