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 | 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| Date | Value |
|---|---|
| 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% |