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Alphabet vs Meta Platforms: revenue, profit, margins and growth compared

Alphabet brought in $402.8B of revenue in fiscal 2025, Meta Platforms $201B in fiscal 2025. Revenue changed by +15.1% at Alphabet and +22.2% at Meta Platforms on the year before, so Meta Platforms grew faster. Alphabet kept 32.8% of its revenue as net profit, Meta Platforms 30.1%. Free cash flow was $73.3B at Alphabet and $46.1B at Meta Platforms.

Side by side, latest fiscal year

GOOGLMETA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$402.8B$201B
Revenue growth+15.1%+22.2%
Net income$132.2B$60.5B
Net margin32.8%30.1%
Free cash flow$73.3B$46.1B
Free cash flow margin18.2%22.9%
Earnings per share (diluted)$10.81$23.49
Cash$30.7B$35.9B
Debt$49.1B$58.7B
Price to earnings31.832.0
Market value$4.21T$1.91T
Dividend yield0.24%0.28%
Rank by revenue in sector#2 of 530 · Technology#5 of 530 · Technology

Over the years

Revenue
GOOGL FY2018: $136.8BGOOGL FY2019: $161.9BGOOGL FY2020: $182.5BGOOGL FY2021: $257.6BGOOGL FY2022: $282.8BGOOGL FY2023: $307.4BGOOGL FY2024: $350BGOOGL FY2025: $402.8BMETA FY2018: $55.8BMETA FY2019: $70.7BMETA FY2020: $86BMETA FY2021: $117.9BMETA FY2022: $116.6BMETA FY2023: $134.9BMETA FY2024: $164.5BMETA FY2025: $201BFY18FY19FY20FY21FY22FY23FY24FY25
GOOGL $402.8BMETA $201B
Net income
GOOGL FY2018: $30.7BGOOGL FY2019: $34.3BGOOGL FY2020: $40.3BGOOGL FY2021: $76BGOOGL FY2022: $60BGOOGL FY2023: $73.8BGOOGL FY2024: $100.1BGOOGL FY2025: $132.2BMETA FY2018: $22.1BMETA FY2019: $18.5BMETA FY2020: $29.1BMETA FY2021: $39.4BMETA FY2022: $23.2BMETA FY2023: $39.1BMETA FY2024: $62.4BMETA FY2025: $60.5BFY18FY19FY20FY21FY22FY23FY24FY25
GOOGL $132.2BMETA $60.5B
Net margin
GOOGL FY2018: 22.5%GOOGL FY2019: 21.2%GOOGL FY2020: 22.1%GOOGL FY2021: 29.5%GOOGL FY2022: 21.2%GOOGL FY2023: 24.0%GOOGL FY2024: 28.6%GOOGL FY2025: 32.8%META FY2018: 39.6%META FY2019: 26.1%META FY2020: 33.9%META FY2021: 33.4%META FY2022: 19.9%META FY2023: 29.0%META FY2024: 37.9%META FY2025: 30.1%FY18FY19FY20FY21FY22FY23FY24FY25
GOOGL 32.8%META 30.1%
Revenue growth
GOOGL FY2019: +18.3%GOOGL FY2020: +12.8%GOOGL FY2021: +41.2%GOOGL FY2022: +9.8%GOOGL FY2023: +8.7%GOOGL FY2024: +13.9%GOOGL FY2025: +15.1%META FY2019: +26.6%META FY2020: +21.6%META FY2021: +37.2%META FY2022: -1.1%META FY2023: +15.7%META FY2024: +21.9%META FY2025: +22.2%FY19FY20FY21FY22FY23FY24FY25
GOOGL +15.1%META +22.2%
Free cash flow
GOOGL FY2018: $22.8BGOOGL FY2019: $31BGOOGL FY2020: $42.8BGOOGL FY2021: $67BGOOGL FY2022: $60BGOOGL FY2023: $69.5BGOOGL FY2024: $72.8BGOOGL FY2025: $73.3BMETA FY2018: $15.4BMETA FY2019: $21.2BMETA FY2020: $23.6BMETA FY2021: $39BMETA FY2022: $19.3BMETA FY2023: $44.1BMETA FY2024: $54.1BMETA FY2025: $46.1BFY18FY19FY20FY21FY22FY23FY24FY25
GOOGL $73.3BMETA $46.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Alphabet and Meta Platforms

Which is bigger by revenue, Alphabet or Meta Platforms?

Alphabet is bigger by revenue: $402.8B in fiscal 2025, against $201B for Meta Platforms in fiscal 2025.

Which keeps more of its revenue as profit, Alphabet or Meta Platforms?

Alphabet had a net margin of 32.8% in fiscal 2025; Meta Platforms had 30.1% in fiscal 2025.

Which grew revenue faster, Alphabet or Meta Platforms?

In their latest fiscal years revenue changed by +15.1% at Alphabet and +22.2% at Meta Platforms.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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