Meta Youth Settlement & Engagement Impact Workbench

Scenario Presets

Teen Time Reduction -28%

0% (No change) -50% -100% (Total)

Adult (25-54) ARPU Shift +0.0%

-5.0% 0.0% +15.0%

Settlement Liability $17.0B

$5.0B $17.0B (Actual) $30.0B

Amortization Schedule 4 Years

Annual FCF Legal Drag 8.1% FCF

$0B (0%) $4.25B/yr $52.3B (100%)

Meta's $52.3B annual FCF easily absorbs the $4.25B/yr settlement installment, leaving >$48B net FCF annually.

Adjusted Revenue

$162.29B

-$2.21B (-1.3%)

Teen Ad Revenue

$5.69B

-$2.21B (-28.0%)

Post-Payout FCF

$48.05B

12.3x Coverage

Time vs Rev Gap

3.4x Disparity

16.5% Time / 4.8% Rev

Cohort / Stream	Share of Time	Baseline Rev	Simulated Rev	Impact ($B)	Monetization Dynamic