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. In the quarter to June 2026, revenue grew 24.2%, EPS grew 296.1%, free cash flow fell 210.5% and total debt rose 315.8%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for three consecutive years, revenue growth for ten, operating cash flow growth for three.

340.59 8.63 −2.47%
Market cap
$4.25T
P/E
16.9×
Fwd P/E
25.9×
Dividend yield
0.25%
F-score
7/9
Altman Z
15.00
Beneish M
−2.64
Dividend safety
85/100

Alphabet Inc. (GOOGL) Operating margin

Alert me on Operating margin

Alphabet Inc.'s operating margin over the twelve months to 30 June 2026 was 33.1%, up 1.1 percentage points from fiscal 2025 (32.0%). Over the past ten years it has ranged from 20.1% (fiscal 2018) to 32.1% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Internet Content & Information industry median of −3.41% and above the Communication Services sector median of 0.35%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 32.0% (0.08)
FY2024 32.1% 4.69
FY2023 27.4% 0.96
FY2022 26.5% (4.09)
FY2021 30.6% 7.96
FY2020 22.6% 1.44
FY2019 21.2% 1.03
FY2018 20.1% (3.49)
FY2017 23.6% (2.66)
FY2016 26.3% 0.45

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 34.0% (2.09)
Mar 2026 36.1% 4.55
Dec 2025 31.6% 1.06
Sep 2025 30.5% (1.92)
42 more quarters

Against its own ten years

Low 20.1% High 32.1%
Ten-year median 26.3%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
META Meta Platforms, Inc. compare 38.1%
GOOGL Alphabet Inc. 33.1%
GOOG Alphabet Inc. compare 33.1%
RDDT Reddit Inc. compare 28.3%
MTCH Match Group Inc. compare 28.2%
SPOT Spotify Technology compare 14.6%
PINS Pinterest, Inc. compare 4.92%
SNAP Snap Inc. compare −5.10%
BIDU Baidu, Inc. compare −5.36%
Internet Content & Information industry median −3.41%
Communication Services sector median 0.35%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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