META may be new to the negative cash flow club, but not GOOGL: free cash flow was negative for a second straight quarter | Hanami
META may be new to the negative cash flow club, but not GOOGL: free cash flow was negative for a second straight quarter, -$9.1bn vs -$3.5bn consensus. Trailing-12-month FCF collapsed 73% to $19.7bn, from $73.6bn a year ago.
Quoted @zerohedge: GOOGL Capex rose 114% y/y to $51.4bn (below est $55.8bn). But operating cash flow fell 13% y/y to $42.3bn, far short of the $53.9bn consensus, so the capex 'miss' did not help free cash flow.(Historical earnings: For 2026Q2 (period ended 2026-06-30), Meta Platforms reported basic EPS of 16.79, diluted EPS of 16.62, net income of USD 42.621 billion, and revenue of USD 117.111 billion.
Consensus expectations: For 2026Q4 (event date 2027-01-26), consensus expects EPS of 8.278 and revenue of USD 73.742 billion.)