META · 10-K · 2025A · Full report
Operating Cash Flow Trends
Meta Platforms, Inc. · 2026-01-29 · Importance 65 · Surprise 48
Net cash provided by operating activities was $115.80 billion in 2025, up from $91.33 billion in 2024.,Operating cash in 2025 mostly reflected $60.46 billion of net income adjusted for $20.43 billion of share-based compensation, $18.74 billion of deferred income taxes, and $18.62 billion of depreciation and amortization.,The year-over-year increase in operating cash flow was primarily due to higher cash collections from customers driven by revenue growth and lower cash paid for income taxes, partially offset by higher operational spending.
Key facts
- Cash generated from operations was $115.80 billion for the year ended December 31, 2025.
- Net cash provided by operating activities was $115,800 million for the year ended December 31, 2025.
- Net cash provided by operating activities was $91,328 million for the year ended December 31, 2024.
- Net cash provided by operating activities was $71,113 million for the year ended December 31, 2023.
- Cash provided by operating activities during 2025 mostly consisted of $60.46 billion of net income.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +31.6% | Net cash provided by operating activities was $115,800 million for the year ended December 31, 2025. |