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Alphabet Inc. GOOGL Free cash flow

Free cash flow at other companies

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International Business MachinesIBM
$4.94B+19.7%
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AppleAAPL
$26.73B+28.0%
Microsoft logo
MicrosoftMSFT
$15.8B-22.1%
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AmazonAMZN
-$18.17B-127%
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NetflixNFLX
$5.09B+91.4%
Akamai Technologies logo
Akamai TechnologiesAKAM

Other financials

Income statement

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Revenue$109.90B+21.8%
Gross profit$68.6B+27.4%
Operating income$39.7B+29.7%
Net income$62.6B+81.2%
EPS (diluted)$5.11+81.9%

Balance sheet

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Cash & equivalents$38.1B+63.6%
Total debt$97.9B+456%
Total equity$478.75B+38.7%
Total assets$703.92B+48.1%

Cash flow

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Operating cash flow$45.8B+26.7%
CapEx$35.7B+107%

Valuation

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Market cap$4.18T+105%
Enterprise value$4.24T+109%
P/E26.1×+7.7×
P/S9.9×+4.2×

Profitability

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Gross margin60.4%+1.8pp
Operating margin32.7%0.0pp
Net margin37.9%+7.1pp
FCF margin15.2%-5.6pp

Returns & leverage

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Return on equity38.9%+4.1pp
Debt / equity0.2×+0.2×
Current ratio1.9×+0.2×

Where this comes from

Calculated from Alphabet Inc.’s reported figures.

The official record: Alphabet Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alphabet Inc.'s free cash flow?
Alphabet Inc. (GOOGL) reported free cash flow of $10.12B in Q1 2026.
How has Alphabet Inc.'s free cash flow changed year-over-year?
Alphabet Inc.'s free cash flow decreased by 46.6% year-over-year, from $18.95B to $10.12B.
What is the long-term trend for Alphabet Inc.'s free cash flow?
Over 4 years (2021 to 2025), Alphabet Inc.'s free cash flow has grown at a 2.3% compound annual growth rate (CAGR), from $67.01B to $73.27B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.