Alphabet (GOOG) FCF Margin (2014 - 2026)

Alphabet (GOOG) posted quarterly FCF Margin of 4.89% for Q2 2026, down 1038.0% year-over-year from 0.52% in Q2 2025, and down 153.1% quarter-over-quarter from 9.21% in Q1 2026.

Alphabet (GOOG) FCF Margin (2014 - 2026) Analysis & Trends

Alphabet (GOOG) has reported FCF Margin for 13 consecutive years, with 4.89% the latest figure, recorded in Q2 2026.

  • In Q2 2026, FCF Margin fell 1038.0% year-over-year to 4.89%; the TTM figure through Jun 2026 stood at 11.95% (down 602.0% YoY), while the FY2025 annual figure was 18.19%, down 260.0% from the prior year.
  • FCF Margin eased to 4.89% in Q2 2026 per GOOG's latest filing, from 9.21% in the prior quarter.
  • Across five years, FCF Margin topped out at 29.47% in Q3 2023 and bottomed at 4.89% in Q2 2026.
  • Historically, FCF Margin has averaged 18.68% across 5 years, with a median of 21.03% in 2022.
  • On a YoY basis, FCF Margin climbed as much as 1660 bps in 2024 and fell as far as 1332 bps in 2024.
  • Alphabet's FCF Margin stood at 21.06% in 2022, then slumped by 57 bps to 9.15% in 2023, then surged by 181 bps to 25.75% in 2024, then slipped by 16 bps to 21.57% in 2025, then tumbled by 123 bps to 4.89% in 2026.
  • Business Quant data shows GOOG's FCF Margin at 4.89% in Q2 2026, 9.21% in Q1 2026, and 21.57% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alphabet 4,239.00 Bn 3,809.96 Bn 73.85 Bn -4.89%
2 Meta Platforms 1,535.20 Bn 1,444.94 Bn 49.47 Bn 2.87%
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn -
4 Baidu 289.02 Bn 284.53 Bn 1.88 Mn 26.66%
5 Spotify Technology 102.92 Bn 92.68 Bn 1.75 Bn 18.55%
6 Joyy 77.84 Bn 76.96 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 54.09%
8 Nebius 49.06 Bn 39.43 Bn 295.20 Mn 1,185.69%
9 Reddit 30.48 Bn 27.70 Bn 734.60 Mn 32.39%
10 Tencent Music Entertainment 27.04 Bn 24.34 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.89%
Mar 31, 2026 9.21%
Dec 31, 2025 21.57%
Sep 30, 2025 23.90%
Jun 30, 2025 5.50%
Mar 31, 2025 21.00%
Dec 31, 2024 25.75%
Sep 30, 2024 19.98%
Jun 30, 2024 15.88%
Mar 31, 2024 20.90%
Dec 31, 2023 9.15%
Sep 30, 2023 29.47%
Jun 30, 2023 29.19%
Mar 31, 2023 24.68%
Dec 31, 2022 21.06%
Sep 30, 2022 23.27%
Jun 30, 2022 18.07%
Mar 31, 2022 22.53%
Dec 31, 2021 24.63%
Sep 30, 2021 28.75%