Alphabet vs Meta — Free Cash Flow Comparison

Alphabet (GOOGL) free cash flow was $73.3B in FY2025 (+1% YoY); Meta (META) free cash flow was $46.1B in FY2025 (-15% YoY). The tables below show the complete quarterly and annual free cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Alphabet	Meta
2025	$73.3B	$46.1B
2024	$72.8B	$54.1B
2023	$69.5B	$44.1B
2022	$60.0B	$19.3B
2021	$67.0B	$39.0B
2020	$42.8B	$23.6B
2019	$31.0B	$21.2B
2018	$22.8B	$15.4B
2017	$23.9B	$17.5B
2016	$25.8B	$11.6B
2015	$16.6B	$7.8B
2014	$12.0B	$5.5B
2013	$11.3B	$2.9B
2012	$13.3B	$377M
2011	$11.1B	$943M
2010	$7.1B	$405M
2009	$8.5B	—
2008	$5.5B	—
2007	$3.4B	—

Alphabet — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$73.3B	+1%
2024	$72.8B	+5%
2023	$69.5B	+16%
2022	$60.0B	-10%
2021	$67.0B	+56%
2020	$42.8B	+38%
2019	$31.0B	+36%
2018	$22.8B	-4%
2017	$23.9B	-7%
2016	$25.8B	+55%
2015	$16.6B	+38%
2014	$12.0B	+6%
2013	$11.3B	-15%
2012	$13.3B	+20%
2011	$11.1B	+58%
2010	$7.1B	-17%
2009	$8.5B	+55%
2008	$5.5B	+63%
2007	$3.4B

Meta — Annual Free Cash Flow

Fiscal Year	Free Cash Flow	YoY
2025	$46.1B	-15%
2024	$54.1B	+23%
2023	$44.1B	+128%
2022	$19.3B	-51%
2021	$39.0B	+65%
2020	$23.6B	+11%
2019	$21.2B	+38%
2018	$15.4B	-12%
2017	$17.5B	+50%
2016	$11.6B	+49%
2015	$7.8B	+42%
2014	$5.5B	+92%
2013	$2.9B	+659%
2012	$377M	-60%
2011	$943M	+133%
2010	$405M

Source: GOOGL on EDGAR · META on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.