Meta's Q3 FCF Turns Negative On AI Spend—Q4 Capex Implied At $49B-59B
Meta Platforms, Inc. (NASDAQ:META) reported free cash flow that moved from positive $10.625 billion in the third quarter of 2025 to negative $2.120 billion in 2026, a $12.745 billion swing by DFB calculation. Operating
Meta spent so much money on AI computers that it ran out of cash this quarter. When a company spends big on future tech, watch if that spending pays off later.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.