10q10k10q10k.net

vs

Side-by-side financial comparison of Fox Corporation (Class B) (FOX) and Alphabet Inc. (Class A) (GOOGL), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Alphabet Inc. (Class A) is the larger business by last-quarter revenue ($113.8B vs $5.2B, roughly 22.0× Fox Corporation (Class B)). Alphabet Inc. (Class A) runs the higher net margin — 4.8% vs 30.3%, a 25.5% gap on every dollar of revenue. On growth, Alphabet Inc. (Class A) posted the faster year-over-year revenue change (18.0% vs 2.0%). Alphabet Inc. (Class A) produced more free cash flow last quarter ($24.6B vs $-791.0M). Over the past eight quarters, Fox Corporation (Class B)'s revenue compounded faster (22.6% CAGR vs 18.9%).

Fox Corporation, commonly known as Fox Corp or Fox, is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan with offices also in Burbank, California. Named after William Fox and incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019. 21CF went defunct the next day. The company is controlled by Lachlan Murdoch through a family trust with 36% voting s...

Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in ...

FOX vs GOOGL — Head-to-Head

Bigger by revenue
GOOGL
GOOGL
22.0× larger
GOOGL
$113.8B
$5.2B
FOX
Growing faster (revenue YoY)
GOOGL
GOOGL
+15.9% gap
GOOGL
18.0%
2.0%
FOX
Higher net margin
GOOGL
GOOGL
25.5% more per $
GOOGL
30.3%
4.8%
FOX
More free cash flow
GOOGL
GOOGL
$25.3B more FCF
GOOGL
$24.6B
$-791.0M
FOX
Faster 2-yr revenue CAGR
FOX
FOX
Annualised
FOX
22.6%
18.9%
GOOGL

Income Statement — Q2 2026 vs Q4 2025

Metric
FOX
FOX
GOOGL
GOOGL
Revenue
$5.2B
$113.8B
Net Profit
$247.0M
$34.5B
Gross Margin
59.8%
Operating Margin
6.2%
31.6%
Net Margin
4.8%
30.3%
Revenue YoY
2.0%
18.0%
Net Profit YoY
-36.3%
29.8%
EPS (diluted)
$0.52
$2.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
FOX
FOX
GOOGL
GOOGL
Q4 25
$5.2B
$113.8B
Q3 25
$3.7B
$102.3B
Q2 25
$3.3B
$96.4B
Q1 25
$4.4B
$90.2B
Q4 24
$5.1B
$96.5B
Q3 24
$3.6B
$88.3B
Q2 24
$3.1B
$84.7B
Q1 24
$3.4B
$80.5B
Net Profit
FOX
FOX
GOOGL
GOOGL
Q4 25
$247.0M
$34.5B
Q3 25
$609.0M
$35.0B
Q2 25
$719.0M
$28.2B
Q1 25
$354.0M
$34.5B
Q4 24
$388.0M
$26.5B
Q3 24
$832.0M
$26.3B
Q2 24
$320.0M
$23.6B
Q1 24
$704.0M
$23.7B
Gross Margin
FOX
FOX
GOOGL
GOOGL
Q4 25
59.8%
Q3 25
59.6%
Q2 25
59.5%
Q1 25
59.7%
Q4 24
57.9%
Q3 24
58.7%
Q2 24
58.1%
Q1 24
58.1%
Operating Margin
FOX
FOX
GOOGL
GOOGL
Q4 25
6.2%
31.6%
Q3 25
21.4%
30.5%
Q2 25
29.2%
32.4%
Q1 25
10.8%
33.9%
Q4 24
10.1%
32.1%
Q3 24
31.2%
32.3%
Q2 24
14.6%
32.4%
Q1 24
27.9%
31.6%
Net Margin
FOX
FOX
GOOGL
GOOGL
Q4 25
4.8%
30.3%
Q3 25
16.3%
34.2%
Q2 25
21.9%
29.2%
Q1 25
8.1%
38.3%
Q4 24
7.6%
27.5%
Q3 24
23.3%
29.8%
Q2 24
10.3%
27.9%
Q1 24
20.4%
29.4%
EPS (diluted)
FOX
FOX
GOOGL
GOOGL
Q4 25
$0.52
$2.82
Q3 25
$1.32
$2.87
Q2 25
$1.57
$2.31
Q1 25
$0.75
$2.81
Q4 24
$0.81
$2.14
Q3 24
$1.78
$2.12
Q2 24
$0.68
$1.89
Q1 24
$1.40
$1.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
FOX
FOX
GOOGL
GOOGL
Cash + ST InvestmentsLiquidity on hand
$126.8B
Total DebtLower is stronger
$49.1B
Stockholders' EquityBook value
$10.9B
$415.3B
Total Assets
$21.5B
$595.3B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
FOX
FOX
GOOGL
GOOGL
Q4 25
$126.8B
Q3 25
$98.5B
Q2 25
$95.1B
Q1 25
$95.3B
Q4 24
$95.7B
Q3 24
$93.2B
Q2 24
$100.7B
Q1 24
$108.1B
Total Debt
FOX
FOX
GOOGL
GOOGL
Q4 25
$49.1B
Q3 25
$6.6B
Q2 25
$6.6B
Q1 25
$7.2B
$10.9B
Q4 24
$7.2B
$10.9B
Q3 24
$7.2B
$12.3B
Q2 24
$7.2B
$13.2B
Q1 24
$7.2B
$13.2B
Stockholders' Equity
FOX
FOX
GOOGL
GOOGL
Q4 25
$10.9B
$415.3B
Q3 25
$12.2B
$386.9B
Q2 25
$12.0B
$362.9B
Q1 25
$11.5B
$345.3B
Q4 24
$11.5B
$325.1B
Q3 24
$11.3B
$314.1B
Q2 24
$10.7B
$300.8B
Q1 24
$10.6B
$292.8B
Total Assets
FOX
FOX
GOOGL
GOOGL
Q4 25
$21.5B
$595.3B
Q3 25
$22.8B
$536.5B
Q2 25
$23.2B
$502.1B
Q1 25
$23.4B
$475.4B
Q4 24
$23.0B
$450.3B
Q3 24
$22.5B
$430.3B
Q2 24
$22.0B
$414.8B
Q1 24
$21.7B
$407.4B
Debt / Equity
FOX
FOX
GOOGL
GOOGL
Q4 25
0.12×
Q3 25
0.54×
Q2 25
0.55×
Q1 25
0.62×
0.03×
Q4 24
0.63×
0.03×
Q3 24
0.64×
0.04×
Q2 24
0.67×
0.04×
Q1 24
0.68×
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
FOX
FOX
GOOGL
GOOGL
Operating Cash FlowLast quarter
$-669.0M
$52.4B
Free Cash FlowOCF − Capex
$-791.0M
$24.6B
FCF MarginFCF / Revenue
-15.3%
21.6%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
2.4%
24.5%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
-2.71×
1.52×
TTM Free Cash FlowTrailing 4 quarters
$2.3B
$73.3B

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
FOX
FOX
GOOGL
GOOGL
Q4 25
$-669.0M
$52.4B
Q3 25
$-130.0M
$48.4B
Q2 25
$1.5B
$27.7B
Q1 25
$2.0B
$36.1B
Q4 24
$-362.0M
$39.1B
Q3 24
$158.0M
$30.7B
Q2 24
$899.0M
$26.6B
Q1 24
$1.5B
$28.8B
Free Cash Flow
FOX
FOX
GOOGL
GOOGL
Q4 25
$-791.0M
$24.6B
Q3 25
$-234.0M
$24.5B
Q2 25
$1.4B
$5.3B
Q1 25
$1.9B
$19.0B
Q4 24
$-436.0M
$24.8B
Q3 24
$94.0M
$17.6B
Q2 24
$787.0M
$13.5B
Q1 24
$1.4B
$16.8B
FCF Margin
FOX
FOX
GOOGL
GOOGL
Q4 25
-15.3%
21.6%
Q3 25
-6.3%
23.9%
Q2 25
42.4%
5.5%
Q1 25
44.4%
21.0%
Q4 24
-8.6%
25.7%
Q3 24
2.6%
20.0%
Q2 24
25.5%
15.9%
Q1 24
40.4%
20.9%
Capex Intensity
FOX
FOX
GOOGL
GOOGL
Q4 25
2.4%
24.5%
Q3 25
2.8%
23.4%
Q2 25
3.6%
23.3%
Q1 25
1.7%
19.1%
Q4 24
1.5%
14.8%
Q3 24
1.8%
14.8%
Q2 24
3.6%
15.6%
Q1 24
2.4%
14.9%
Cash Conversion
FOX
FOX
GOOGL
GOOGL
Q4 25
-2.71×
1.52×
Q3 25
-0.21×
1.38×
Q2 25
2.10×
0.98×
Q1 25
5.69×
1.05×
Q4 24
-0.93×
1.47×
Q3 24
0.19×
1.17×
Q2 24
2.81×
1.13×
Q1 24
2.10×
1.22×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

FOX
FOX

Television Segment$2.9B57%
Distribution$1.2B22%
Other$621.0M12%
Advertising$491.0M9%

GOOGL
GOOGL

Google Search$63.1B55%
Google Cloud$17.7B16%
Subscriptions & Devices$13.6B12%
YouTube$11.4B10%
Google Network$7.8B7%

Related Comparisons