Alphabet (GOOG) FCF Margin (2014 - 2026)
Alphabet (GOOG) reported FCF Margin of 9.21% for Q1 2026, down 1180.0% year-over-year from 0.85% in Q1 2025, and down 57.32% quarter-over-quarter from 21.57% in Q4 2025.
Alphabet (GOOG) FCF Margin (2014 - 2026) Analysis & Trends
Alphabet (GOOG) has 13 years of FCF Margin data on file, last reported at 9.21% in Q1 2026.
- FCF Margin for Q1 2026 came in at 9.21%, down 1180.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.25% (down 1730.0% YoY), and the FY2025 annual result was 18.19%, down 1466.0% from the prior year.
- FCF Margin retreated to 9.21% in Q1 2026 per GOOG's latest filing, from 21.57% in the prior quarter.
- Over five years, FCF Margin peaked at 69.5% in Q4 2024 and troughed at 5.5% in Q2 2025.
- A 5-year average of 24.33% and a median of 21.57% in 2025 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2025: FCF Margin soared 3160 bps in 2024, then tumbled 4793 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 21.06% in 2022, then surged by 80 bps to 37.9% in 2023, then surged by 83 bps to 69.5% in 2024, then sank by 69 bps to 21.57% in 2025, then tumbled by 57 bps to 9.21% in 2026.
- Business Quant data shows GOOG's FCF Margin at 9.21% in Q1 2026, 21.57% in Q4 2025, and 23.9% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 1,185.69% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 9.21% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 28.74% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 18.55% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 46.90% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 30.94% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 0.06% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 20.14% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 18.71% |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 23.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 69.50% |
| Sep 30, 2024 | 19.98% |
| Jun 30, 2024 | 15.88% |
| Mar 31, 2024 | 20.90% |
| Dec 31, 2023 | 37.90% |
| 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% |
| Jun 30, 2021 | 26.49% |