GOOGL Free cash flow
Free cash flow at Alphabet Inc. (Class A) rose to $73.3B in fiscal 2025, the highest in the 5 years reported, from $72.8B in 2024.
Not a GAAP measure. Derived here as operating cash flow less capital expenditure, both as filed; the arithmetic is shown in the table.
SOURCE: us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment · EDGAR CompanyFacts · CIK 1652044 · EDGAR ↗ · FY2021–FY2025 · ANNUAL
History AS FILED · DERIVATION SHOWN WHERE DERIVED
| Fiscal year | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|
| FY2025 | $164.7B | −$91.4B | $73.3B |
| FY2024 | $125.3B | −$52.5B | $72.8B |
| FY2023 | $101.7B | −$32.3B | $69.5B |
| FY2022 | $91.5B | −$31.5B | $60.0B |
| FY2021 | $91.7B | −$24.6B | $67.0B |
Cross-checks touching this measure FROM THE FILING REVIEW
✓ MATCHESoperating cash flow
Every quoted figure reconciles to the filed lines: $164.7 billion against net cash provided by operating activities.
FY2025 10-K · FULL RECONCILIATION →✓ MATCHEScapital expenditures
Every quoted figure reconciles to the filed lines: $91.4 billion against capital expenditure.
FY2025 10-K · FULL RECONCILIATION →◐ WATCHStock compensation in cash flow
Share-based compensation is 15.1% of operating cash flow — carried as watch (15% threshold).
FY2025 10-K · FULL RECONCILIATION →✓ CLEANCash conversion stability
OCF ÷ NI ran 1.25× · 1.25× · 1.38× across three years — swing 0.13×, inside the 1.00× threshold.
FY2025 10-K · FULL RECONCILIATION →✓ CLEANCapital returned vs free cash flow
Capital returned ran 0.76× of free cash flow (threshold 1.00×).
FY2025 10-K · FULL RECONCILIATION →More SAME DATA, OTHER VIEWS
Free cash flow across coverage → · GOOGL company view →
Revenue · Net income · Operating cash flow · Capital expenditure · Cash & equivalents · Total assets · Shareholders' equity · Total debt · Return on equity · Days sales outstanding
Not investment advice. Every figure on this page is an XBRL fact from the issuer's own SEC filings or an arithmetic over such facts with the method shown. No forecast is made; no posture is expressed.