Meta posts first negative free cash flow in over a decade as AI spending soars
Photo: Crypto Briefing
Capital expenditures of $34.91 billion outran operating cash flow in the third quarter, even as revenue jumped 26% Meta Platforms just spent more money than its business brought in. For a company that has printed cash for over ten years, that is a genuinely unusual sentence to write. The social media giant reported negative free cash flow of $2.12 billion for the third quarter of 2026, its first quarterly dip below zero in over a decade. The culprit is no mystery: an aggressive push to build out artificial intelligence infrastructure.
Source: Crypto Briefing
