Alphabet (GOOGL) FCF Margin (2014 - 2026)
Alphabet (GOOGL) posted quarterly FCF Margin of 9.21% for Q1 2026, down 1180.0% YoY from 0.85% in Q1 2025, and down 57.32% sequentially from 21.57% in Q4 2025.
Alphabet (GOOGL) FCF Margin (2014 - 2026) Analysis & Trends
Alphabet has disclosed FCF Margin across 13 years of filings, most recently posting 9.21% for Q1 2026.
- In Q1 2026, FCF Margin fell 1180.0% year-over-year to 9.21%; the TTM figure through Mar 2026 stood at 15.25% (down 1730.0% YoY), while the FY2025 annual figure was 18.19%, down 1466.0% from the prior year.
- FCF Margin eased to 9.21% in Q1 2026, from 21.57% in the prior quarter.
- Over the last five years, FCF Margin for GOOGL reached as high as 69.5% in Q4 2024 and fell as low as 5.5% in Q2 2025.
- The 5-year median for FCF Margin is 21.57% (2025), against an average of 24.33%.
- Annual changes were most pronounced in 2024 — FCF Margin soared 3160 bps — and 2025, when it sank 4793 bps.
- 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 tumbled by 69 bps to 21.57% in 2025, then sank by 57 bps to 9.21% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 9.21%, 21.57%, and 23.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | 9.21% |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | 28.74% |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | 26.66% |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | 54.09% |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | - |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | 1,185.69% |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | 46.90% | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | - |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | - |
| 10 | Alphabet | - | - | 102.29 Bn | 9.21% |
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% |