Meta vs Snap — Free Cash Flow Comparison

Meta (META) free cash flow was $46.1B in FY2025 (-15% YoY); Snap (SNAP) free cash flow was $437M in FY2025 (+100% YoY). The tables below show the complete quarterly and annual free cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Meta	Snap
2025	$46.1B	$437M
2024	$54.1B	$219M
2023	$44.1B	$35M
2022	$19.3B	$55M
2021	$39.0B	$223M
2020	$23.6B	-$225M
2019	$21.2B	-$341M
2018	$15.4B	-$813M
2017	$17.5B	-$827M
2016	$11.6B	-$678M
2015	$7.8B	—
2014	$5.5B	—
2013	$2.9B	—
2012	$377M	—
2011	$943M	—
2010	$405M	—

Meta — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$46.1B	-15%
2024	$54.1B	+23%
2023	$44.1B	+128%
2022	$19.3B	-51%
2021	$39.0B	+65%
2020	$23.6B	+11%
2019	$21.2B	+38%
2018	$15.4B	-12%
2017	$17.5B	+50%
2016	$11.6B	+49%
2015	$7.8B	+42%
2014	$5.5B	+92%
2013	$2.9B	+659%
2012	$377M	-60%
2011	$943M	+133%
2010	$405M

Snap — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$437M	+100%
2024	$219M	+528%
2023	$35M	-37%
2022	$55M	-75%
2021	$223M	+199%
2020	-$225M	+34%
2019	-$341M	+58%
2018	-$813M	+2%
2017	-$827M	-22%
2016	-$678M

Source: META on EDGAR · SNAP on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.