Alphabet Inc.

GOOGL Communication Services Internet Content & Information

Alphabet Inc.’s revenue for fiscal 2025 (year ended December 2025) was $402.8 billion, up 15.1% from fiscal 2024.

Revenue
+24.7%
EPS
−26.0%
Free cash flow
−137.1%
Total debt
+479.0%

Quarter to September 2026, against a year earlier

288.35 5.78 +2.05%
Market cap
$3.45T
P/E
14.6×
Fwd P/E
14.2×
Dividend yield
0.30%
F-score
7/9
Altman Z
15.00
Beneish M
−2.64
Dividend safety
85/100

Alphabet Inc. (GOOGL) Net margin

Alert me on Net margin

Alphabet Inc.'s net margin over the twelve months to 30 September 2026 was 50.0%, up 17.1 percentage points from fiscal 2025 (32.8%). Over the past ten years it has ranged from 11.4% (fiscal 2017) to 32.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Internet Content & Information industry median of −1.37% and above the Communication Services sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 32.8% 4.21
FY2024 28.6% 4.59
FY2023 24.0% 2.81
FY2022 21.2% (8.31)
FY2021 29.5% 7.45
FY2020 22.1% 0.84
FY2019 21.2% (1.24)
FY2018 22.5% 11.04
FY2017 11.4% (10.16)
FY2016 21.6% 0.48

Quarterly newest first

Period Net margin Change (points)
Sep 2026 20.5% (73.07)
Jun 2026 93.6% 36.64
Mar 2026 56.9% 26.67
Dec 2025 30.3% (3.91)
43 more quarters

Against its own ten years

Low 11.4% High 32.8%
Ten-year median 22.1%
Current reading's percentile 98

Net margin against peers

Company Net margin
GOOGL Alphabet Inc. 50.0%
GOOG Alphabet Inc. compare 50.0%
RDDT Reddit Inc. compare 32.1%
META Meta Platforms, Inc. compare 31.2%
MTCH Match Group Inc. compare 20.7%
SPOT Spotify Technology compare 15.5%
PINS Pinterest, Inc. compare 3.81%
SNAP Snap Inc. compare −2.30%
BIDU Baidu, Inc. compare −2.58%
Internet Content & Information industry median −1.37%
Communication Services sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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