Meta Platforms Inc

For the period ended Dec 31, 2024. Filed Jan 30, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Jan 30, 2025

META$641.39+0.0%Stored close · as of Nov 10, 2026

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS

	Year Ended December 31,
	2024	2023	2022
Cash flows from operating activities
Net income	$62,360	$39,098	$23,200
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	15,498	11,178	8,686
Share-based compensation	16,690	14,027	11,992
Deferred income taxes	(4,738)	131	(3,286)
Impairment charges for facilities consolidation	383	2,432	2,218
Data center assets abandonment	—	(224)	1,341
Other	87	635	641
Changes in assets and liabilities:
Accounts receivable	(1,485)	(2,399)	231
Prepaid expenses and other current assets	(698)	559	162
Other assets	(270)	(80)	(106)
Accounts payable	373	51	210
Accrued expenses and other current liabilities	323	5,081	4,300
Other liabilities	2,805	624	886
Net cash provided by operating activities	91,328	71,113	50,475
Cash flows from investing activities
Purchases of property and equipment	(37,256)	(27,045)	(31,186)
Purchases of marketable securities	(25,542)	(2,982)	(9,626)
Sales and maturities of marketable securities	15,789	6,184	13,158
Acquisitions of businesses and intangible assets	(270)	(629)	(1,312)
Other investing activities	129	(23)	(4)
Net cash used in investing activities	(47,150)	(24,495)	(28,970)
Cash flows from financing activities
Taxes paid related to net share settlement of equity awards	(13,770)	(7,012)	(3,595)
Repurchases of Class A common stock	(30,125)	(19,774)	(27,956)
Payments for dividends and dividend equivalents	(5,072)	—	—
Proceeds from issuance of long-term debt, net	10,432	8,455	9,921
Principal payments on finance leases	(1,969)	(1,058)	(850)
Other financing activities	(277)	(111)	344
Net cash used in financing activities	(40,781)	(19,500)	(22,136)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(786)	113	(638)
Net increase (decrease) in cash, cash equivalents, and restricted cash	2,611	27,231	(1,269)
Cash, cash equivalents, and restricted cash at beginning of the period	42,827	15,596	16,865
Cash, cash equivalents, and restricted cash at end of the period	$45,438	$42,827	$15,596
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets
Cash and cash equivalents	$43,889	$41,862	$14,681
Restricted cash, included in prepaid expenses and other current assets	353	99	294
Restricted cash, included in other assets	1,196	866	621
Total cash, cash equivalents, and restricted cash	$45,438	$42,827	$15,596

CONSOLIDATED STATEMENTS OF CASH FLOWS

	Year Ended December 31,
	2024	2023	2022
Supplemental cash flow data
Cash paid for income taxes, net	$10,554	$6,607	$6,407
Cash paid for interest, net of amounts capitalized	$486	$448	$—
Non-cash investing and financing activities:
Property and equipment in accounts payable and accrued expenses and other current liabilities	$7,127	$4,105	$3,319
Acquisition of businesses and intangible assets in accrued expenses and other current liabilities and other liabilities	$172	$119	$291
Repurchases of Class A common stock in accrued expenses and other current liabilities	$—	$474	$310

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