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Alphabet vs Meta Platforms (GOOG vs META)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Alphabet is the larger company by revenue ($402.8B vs $201.0B) and market value ($4.1T vs $1.5T). Meta Platforms has grown revenue faster over the last 4 fiscal years (+70.4% cumulative vs +56.4%). Meta Platforms runs the higher operating margin (41.4% vs 32.0%). Alphabet trades at the lower trailing P/E (16.8x vs 21.6x).

About Alphabet

Alphabet Inc. operates as a collection of businesses, with its largest segment being Google. Google provides services including Search, YouTube, advertising platforms, Android, Chrome, and devices like the Pixel series, serving users worldwide. Alphabet also offers Google Cloud services to businesses, delivering cloud computing solutions and productivity tools.

About Meta Platforms

Meta Platforms, Inc. develops technology products that enable people to connect, share, and build communities through mobile devices, personal computers, virtual reality headsets, and AI glasses. Its main offerings include social media apps like Facebook, Instagram, Messenger, Threads, and WhatsApp, as well as virtual reality devices such as Meta Quest and AI-powered wearables like Meta AI glasses. Meta serves individual users, creators, businesses, and advertisers worldwide by providing platforms for communication, content sharing, and digital advertising.

Head to head (GOOG FY2025 vs META FY2025)

MetricGOOGFY2025METAFY2025
Revenue$402.84B$200.97B
Revenue growth (YoY)15.1%22.2%
Gross margin59.7%82.0%
Operating margin32.0%41.4%
Net margin32.8%30.1%
Net income$132.17B$60.46B
Diluted EPS$10.81$23.49
FCF margin18.2%22.9%
ROE31.8%27.8%
Long-term debt / equity0.11×0.27×
Market cap$4.06T$1.47T
P/E16.8×21.6×

Fundamentals are from each company’s SEC filings (GOOG FY2025, META FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
GOOG$257.64B$282.84B$307.39B$350.02B$402.84B
META$117.93B$116.61B$134.90B$164.50B$200.97B
Net incomeFY2021FY2022FY2023FY2024FY2025
GOOG$76.03B$59.97B$73.80B$100.12B$132.17B
META$39.37B$23.20B$39.10B$62.36B$60.46B
Operating marginFY2021FY2022FY2023FY2024FY2025
GOOG30.6%26.5%27.4%32.1%32.0%
META39.6%24.8%34.7%42.2%41.4%

Peer standing

Where each company ranks among the 332 software companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricGOOGMETA
Gross margin
59.7%38th percentile of 264
82.0%89th percentile of 264
Operating margin
32.0%95th percentile of 303
41.4%97th percentile of 303
Net margin
32.8%93rd percentile of 307
30.1%92nd percentile of 307
FCF margin
18.2%58th percentile of 285
22.9%71st percentile of 285
Revenue growth (YoY)
+15.1%61st percentile of 325
+22.2%76th percentile of 325
ROE
31.8%88th percentile of 285
27.8%86th percentile of 285
P/E
16.8×30th percentile of 169
21.6×41st percentile of 169
Long-term debt / equity
0.11×21st percentile of 127
0.27×37th percentile of 127
Short interest (days to cover)
2.41d35th percentile of 330
1.94d28th percentile of 330

Short interest

FINRA settlement dataGOOGMETA
Shares sold short42.9M28.0M
Change vs prior settlement-8.6%-10.8%
Days to cover2.411.94
As of settlement2026-08-142026-08-14

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 activity (codes P/S)GOOGMETA
Buys0
Sells62 ($21.1M)

Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.

Held by the same investors

19 tracked 13F managers hold both Alphabet and Meta Platforms as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Appaloosa, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Dodge & Cox, First Eagle Investment Management, Giverny Capital, Gotham Asset Management, Harris Associates (Oakmark) and 7 more. See which superinvestors hold your own portfolio with the smart money checker.

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.