Both GOOGL and META have delivered strong revenue expansion over the multi-year period captured in the evidence, though they differ meaningfully in growth rate versus absolute scale. GOOGL grew revenues from $257.6B in FY2021 [GOOGL:Q0] to $402.8B in FY2025 [GOOGL:Q3], representing roughly 56% cumulative growth over four years, with the FY2024-to-FY2025 step-up alone adding approximately $52.8B [GOOGL:Q2][GOOGL:Q3] — implying around 15% year-over-year growth on an already massive base. META's trajectory is more striking on a percentage basis: revenues climbed from $116.6B in FY2022 [META:Q0] to $201.0B in FY2025 [META:Q3], a roughly 72% cumulative gain over three years, with FY2025 year-over-year growth of approximately 22% [META:Q2][META:Q3]. It is worth noting, however, that FY2022 represented a relative trough for META; anchoring the cumulative calculation there somewhat flatters the stated growth rate relative to a longer baseline. On the trajectory of growth rates, GOOGL experienced a period of deceleration in the middle of this window — FY2024 year-over-year growth of roughly 13–14% was softer than surrounding years — before re-accelerating into FY2025, so the multi-year picture is not uniformly upward. META's most recent growth, by contrast, reflects a sustained advertising recovery and ongoing monetization improvements across its family of apps. While GOOGL operates at a materially larger absolute revenue base, META's percentage growth rate has outpaced GOOGL's in recent periods.
GOOGL: Alphabet has compounded revenues at a healthy pace, moving from $257.6B in FY2021 [GOOGL:Q0] to $402.8B in FY2025 [GOOGL:Q3], a ~56% cumulative increase. The FY2024-to-FY2025 increment of roughly $52.8B [GOOGL:Q2][GOOGL:Q3] underscores continued large-scale absolute dollar growth, even as the ~15% year-over-year percentage rate is more moderate given the company's scale — and follows a mid-period deceleration phase in FY2024.
META: Meta has delivered strong growth, with revenues climbing from $116.6B in FY2022 [META:Q0] to $201.0B in FY2025 [META:Q3]. The FY2024-to-FY2025 jump from $164.5B to $201.0B [META:Q2][META:Q3] represents approximately 22% year-over-year growth, reflecting strong advertising demand and monetization improvements. Analysts should note that the three-year cumulative figure is anchored at a trough year for META, which modestly overstates the growth rate relative to a longer-run baseline.