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Alphabet Inc. GOOGL Free cash flow margin

Free cash flow margin at other companies

International Business Machines logo
International Business MachinesIBM
18.7%-1.3pp
Apple logo
AppleAAPL
29.3%+5.7pp
Microsoft logo
MicrosoftMSFT
20.2%-5.2pp
Amazon logo
AmazonAMZN
0.2%-1.8pp
Netflix logo
NetflixNFLX
23.1%+2.7pp
Booking Holdings Inc. logo
Booking Holdings Inc.BKNG
32.6%-2.6pp

Other financials

Income statement

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Revenue$119.80B+24.2%
Gross profit$73.9B+28.7%
Operating income$40.8B+30.4%
Net income$112.19B+298%
EPS (diluted)$9.11+294%

Balance sheet

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Cash & equivalents$55.9B+166%
Total debt$120.79B+190%
Total equity$640.48B+76.5%
Total assets$921.98B+83.6%

Cash flow

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Operating cash flow$39.1B+40.8%
CapEx$44.9B+100%
Free cash flow$10.1B-46.6%

Valuation

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Market cap$4.36T+84.2%
Enterprise value$4.43T+85.4%
P/E17.9×-2.6×
P/S9.8×+3.4×

Profitability

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Gross margin60.9%+2.0pp
Operating margin33.1%+0.4pp
Net margin54.8%+23.7pp

Returns & leverage

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Return on equity48.7%+13.8pp
Debt / equity0.2×+0.1×
Current ratio2.7×+0.8×

Where this comes from

Calculated from Alphabet Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Alphabet Inc.’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 29, 2026, 9:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001652044-26-000048

FAQ

What is Alphabet Inc.'s free cash flow margin?
Alphabet Inc. (GOOGL) reported free cash flow margin of 15.2% in Q1 2026.
How has Alphabet Inc.'s free cash flow margin changed year-over-year?
Alphabet Inc.'s free cash flow margin decreased by 26.7% year-over-year, from 20.8% to 15.2%.
What is the long-term trend for Alphabet Inc.'s free cash flow margin?
Over 5 years (2020 to 2025), Alphabet Inc.'s free cash flow margin has grown at a -5.0% compound annual growth rate (CAGR), from 23.5% to 18.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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