While the green algaChlamydomonas reinhardtiihas long served as a reference organism, few studies have interrogated its role as a primary producer in microbial interactions. Here, we quantitatively investigated C. reinhardtii′s capacity to support a heterotrophic microbe using the established coculture system withMesorhizobium japonicum, a vitamin B12-producing α-proteobacterium. Using stable isotope probing and nanoscale secondary ion mass spectrometry (nanoSIMS), we tracked the flow of photosynthetic fixed carbon and consequent bacterial biomass synthesis under continuous and diel light with single-cell resolution. We found that more13C fixed by the alga was taken up by bacterial cells under continuous light, invalidating the hypothesis that the alga′s fermentative degradation of starch reserves during the night would boostM. japonicumheterotrophy.15NH4assimilation rates and changes in cell size revealed that the carbon transferred was insufficient for balanced growth ofM. japonicumcells, which instead underwent reductive division. However, despite this sign of starvation,M. japonicumstill supported a B12-dependentC. reinhardtiimutant. Finally, we showed that bacterial proliferation could be supported solely by the algal lysis that occurred in coculture, highlighting the role of necromass in carbon cycling. Collectively, these results reveal the scarcity of fixed carbon in this microbial trophic relationship, demonstrate B12exchange even during bacterial starvation, and underscore the importance of quantitative approaches for assessing metabolic coupling in algal-bacterial interactions.