Alphabet (GOOGL) Free Cash Flow (2014 - 2026)
Alphabet (GOOGL) posted Free Cash Flow of -$5.86 billion for Q2 2026, compared with $5.3 billion a year earlier.
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Analysis
Alphabet (GOOGL) Free Cash Flow (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Alphabet was $53.27 billion, down 20.2% year-over-year; for FY2025, it was $73.27 billion, up 0.7% from FY2024.
- Annual Free Cash Flow has increased for three consecutive years, with a five-year compound annual growth rate of 11.3% (FY2020 to FY2025).
- In prior years, Alphabet's Free Cash Flow was $72.76 billion in FY2024 (+4.7%), $69.5 billion in FY2023 (+15.8%), $60.01 billion in FY2022 (-10.4%) and $67.01 billion in FY2021 (+56.4%).
- The Q2 2026 figure stands as the lowest quarterly Free Cash Flow in data going back to Q4 2014.
- On a year-over-year basis, Free Cash Flow increased in three of the last seven quarters, with growth averaging 19.4%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q4 2024, with growth of 214.6%; the weakest was Q2 2025, with a decline of 60.6%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $10.12 billion (Q1 2026), $24.55 billion (Q4 2025) and $24.46 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 1.53 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 3.37 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 654.00 Mn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 2.79 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 3.64 Bn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 3.77 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 971.73 Mn |
| 10 | Airbnb | 95.83 Bn | 49.06 Bn | 2.98 Bn | 1.27 Bn |
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 |
API Access
Alphabet Free Cash Flow 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=free-cash-flow&ticker=GOOGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "GOOGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();