META · News · 20260803N

Free Cash Flow Trends

Meta Platforms, Inc. · 2026-08-03 · Importance 89 · Surprise 82

Meta’s free cash flow fell 91% to $784 million in the latest quarter. The decline reflects elevated AI infrastructure investment, including data-center construction and AI-chip procurement, together with one-time legal and severance charges. Capital expenditures of $130 billion to $145 billion through 2026–2027 were described as absorbing nearly all operating cash flow and pausing buybacks.

Key facts

• CoreWeave has a $100 billion revenue backlog and 112% revenue growth while trading below its 52-week high due to high capital expenditure and negative free cash flow. source