META · News · 20260731N
Free Cash Flow Trends
Meta Platforms, Inc. · 2026-07-31 · Importance 57 · Surprise 64 · In source text
Meta's second-quarter free cash flow fell to approximately $784 million. Operating cash flow was approximately $31.9 billion, implying that capital expenditures consumed nearly all operating cash generation during the quarter. Separate reporting said cash generation declined 91% as AI infrastructure spending accelerated. The cash-flow deterioration heightened investor concerns about funding the AI buildout and maintaining financial flexibility.
Key facts
- CNBC reported Meta's cash generation plummeted by 91% in the latest quarter. source
- Seeking Alpha reported free cash flow dropped to $784 million while operating cash flow was $31.9 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | CNBC reported Meta's cash generation plummeted by 91% in the latest quarter. |