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.
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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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 2.87% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 17.50% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 1,357.29% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 32.39% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.88% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 41.32% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 7.54% |
Historic Data
Download Data
Historic 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% |