Side by sideAlphabet (GOOGL) and Netflix (NFLX)Memos of October 11, 2026 and October 12, 2026
Alphabet vs Netflix stock: the numbers side by side (October 2026)
How do Alphabet and Netflix compare?
| Alphabet GOOGL | Netflix NFLX | |
|---|---|---|
| Revenue growth | 15.1%2025 | 15.9%2025 |
| Operating margin | 32.0%2025 | 29.5%2025 |
| Free cash flow | 73,266US$ millions · 2025 | 9,461,053US$ thousands · 2025 |
| Free cash flow yield | 1.7%Today (Oct 11, 2026) | 3.2%Today (Oct 12, 2026) |
| Dividend yield | 0.3%Today (Oct 11, 2026) | 0.0%Today (Oct 12, 2026) |
| P/E, last 12 months | 17.6xToday (Oct 11, 2026) | 22.1xToday (Oct 12, 2026) |
| P/E, next 12 months | 23.2xToday (Oct 11, 2026) | 18.5xToday (Oct 12, 2026) |
| Weighted price forecast, about 1 year | 376.88 (+7%)October 2027 | 65.87 (-6 %)October 2027 |
| Weighted price forecast, about 3 years | 510.69 (+46%)October 2029 | 90.74 (+29 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | Netflix | The higher figure |
| Operating margin | Alphabet | The higher figure |
| Free cash flow | — | The higher figure |
| Free cash flow yield | Netflix | The higher figure |
| Dividend yield | Alphabet | The higher figure |
| P/E, last 12 months | Alphabet | The lower figure |
| P/E, next 12 months | Netflix | The lower figure |
| Weighted price forecast, about 1 year | Alphabet | The higher weighted return |
| Weighted price forecast, about 3 years | Alphabet | The higher weighted return |
What does each company do?
Alphabet sells advertising to businesses, subscriptions and digital services to consumers, and computing and workplace tools to businesses.
Alphabet (GOOGL), from our memo of October 11, 2026 · Alphabet stock forecast
Netflix sells households recurring access to a changing library of series, films, live programming—shows or events streamed as they happen—podcasts and games.
Netflix (NFLX), from our memo of October 12, 2026 · Netflix stock forecast
More on Alphabet
More on Netflix
Side by side
NVIDIA vs AlphabetApple vs AlphabetAlphabet vs MicrosoftAlphabet vs AmazonAlphabet vs MetaAlphabet vs Oracle