Alphabet (GOOG) Free Cash Flow (2014 - 2026)
Alphabet's (GOOG) quarterly Free Cash Flow came in at -$5.9 billion in Q2 2026, down 210.45% year-over-year from $5.3 billion in Q2 2025, and down 157.88% quarter-over-quarter from $10.1 billion in Q1 2026.
Analysis
Alphabet (GOOG) Free Cash Flow (2014 - 2026) Analysis & Trends
Alphabet (GOOG) has reported Free Cash Flow for 13 consecutive years, with -$5.9 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 210.45% year-over-year to -$5.9 billion in Q2 2026; TTM through Jun 2026 was $53.3 billion, a 20.16% decrease from a year earlier, with the FY2025 full-year figure at $73.3 billion, up 0.69% from the prior year.
- Free Cash Flow was -$5.9 billion for Q2 2026 at Alphabet, down from $10.1 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $24.8 billion in Q4 2024 and troughed at -$5.9 billion in Q2 2026.
- A 5-year average of $15.5 billion and a median of $16.5 billion in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow soared 214.55% in 2024 and sank 210.45% in 2026, its largest moves.
- Over 5 years, Free Cash Flow stood at $16.0 billion in 2022, then slumped by 50.71% to $7.9 billion in 2023, then soared by 214.55% to $24.8 billion in 2024, then fell by 1.15% to $24.6 billion in 2025, then tumbled by 123.85% to -$5.9 billion in 2026.
- The last three Free Cash Flow figures came in at -$5.9 billion (Q2 2026), $10.1 billion (Q1 2026), and $24.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,184.93 Bn | 3,755.89 Bn | 73.85 Bn | -5.86 Bn |
| 2 | AppLovin | 103.29 Bn | 100.24 Bn | 1.70 Bn | 869.04 Mn |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 140.37 Mn |
| 4 | Magnite | 3.61 Bn | 3.27 Bn | 130.79 Mn | 174.50 Mn |
| 5 | DoubleVerify Holdings | 2.08 Bn | 1.87 Bn | 161.31 Mn | 65.73 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 991.48 Mn | 863.16 Mn | 49.81 Mn | 50.35 Mn |
| 8 | Ibotta | 965.22 Mn | 817.04 Mn | 69.72 Mn | 8.94 Mn |
| 9 | Taboola.com | 906.66 Mn | 773.61 Mn | 139.48 Mn | 17.32 Mn |
| 10 | Mntn | 837.08 Mn | 599.80 Mn | 66.30 Mn | 23.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.86 Bn |
| Mar 31, 2026 | 10.12 Bn |
| Dec 31, 2025 | 24.55 Bn |
| Sep 30, 2025 | 24.46 Bn |
| Jun 30, 2025 | 5.30 Bn |
| Mar 31, 2025 | 18.95 Bn |
| Dec 31, 2024 | 24.84 Bn |
| Sep 30, 2024 | 17.64 Bn |
| Jun 30, 2024 | 13.45 Bn |
| Mar 31, 2024 | 16.84 Bn |
| Dec 31, 2023 | 7.90 Bn |
| Sep 30, 2023 | 22.60 Bn |
| Jun 30, 2023 | 21.78 Bn |
| Mar 31, 2023 | 17.22 Bn |
| Dec 31, 2022 | 16.02 Bn |
| Sep 30, 2022 | 16.08 Bn |
| Jun 30, 2022 | 12.59 Bn |
| Mar 31, 2022 | 15.32 Bn |
| Dec 31, 2021 | 18.55 Bn |
| Sep 30, 2021 | 18.72 Bn |