Alphabet Inc. (GOOG) FCF Margin (2014 - 2026)
Alphabet (GOOG) posted FCF Margin of -4.89% for Q2 2026, down 10.38 percentage points from 5.50% a year earlier and down 14.09 percentage points from the prior quarter.
Alphabet Inc. (GOOG) FCF Margin (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Alphabet was 11.95%, down 6.02 percentage points year-over-year; for FY2025, it was 18.19%, down 2.60 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -5.28 percentage points (FY2020 to FY2025).
- In prior years, Alphabet's FCF Margin was 20.79% in FY2024 (-1.82 pp), 22.61% in FY2023 (+1.39 pp), 21.22% in FY2022 (-4.79 pp) and 26.01% in FY2021 (+2.54 pp).
- The Q2 2026 figure stands as the lowest quarterly FCF Margin in data going back to Q4 2014.
- On a year-over-year basis, FCF Margin has declined in each of the last three quarters, with an average year-over-year change of -3.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2024, with a gain of 16.60 percentage points; the weakest was Q2 2024, with a drop of 13.32 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 9.21% (Q1 2026), 21.57% (Q4 2025) and 23.90% (Q3 2025).
Peer Comparison
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% |
Alphabet Inc. FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=GOOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "GOOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=GOOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();