Alphabet Inc. (GOOGM) stock
GOOGMNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31Also trades as GOOG, GOOGL, GOOGN
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026Score 21/3028% below fair value
$41.29−1.24 (-2.92%)
Close on Oct 30, 2026Market cap $3.41TP/E 14.0Yield 0.30%
Alphabet operating margin
Operating margin is operating income as a percentage of revenue.
Alphabet's operating margin for the twelve months ending Jun 30, 2026 was 33.1%. For fiscal 2025 it was 32.0%, against 32.1% the year before. The highest annual figure on record is 32.1% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 32.0% | −0.1 |
| FY2024 | Dec 31, 2024 | 32.1% | +4.7 |
| FY2023 | Dec 31, 2023 | 27.4% | +1.0 |
| FY2022 | Dec 31, 2022 | 26.5% | −4.1 |
| FY2021 | Dec 31, 2021 | 30.6% | +8.0 |
| FY2020 | Dec 31, 2020 | 22.6% | +1.4 |
| FY2019 | Dec 31, 2019 | 21.1% | +1.0 |
| FY2018 | Dec 31, 2018 | 20.1% | −3.5 |
| FY2017 | Dec 31, 2017 | 23.6% | −2.7 |
| FY2016 | Dec 31, 2016 | 26.3% | +0.5 |
| FY2015 | Dec 31, 2015 | 25.8% | +0.8 |
| FY2014 | Dec 31, 2014 | 25.0% | −2.8 |
| FY2013 | Dec 31, 2013 | 27.7% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 34.0% | +1.6 |
| Q1 FY2026 | Mar 31, 2026 | 36.1% | +2.2 |
| Q4 FY2025 | Dec 31, 2025 | 31.6% | −0.5 |
| Q3 FY2025 | Sep 30, 2025 | 30.5% | −1.8 |
| Q2 FY2025 | Jun 30, 2025 | 32.4% | +0.1 |
| Q1 FY2025 | Mar 31, 2025 | 33.9% | +2.3 |
| Q4 FY2024 | Dec 31, 2024 | 32.1% | +4.6 |
| Q3 FY2024 | Sep 30, 2024 | 32.3% | +4.5 |
| Q2 FY2024 | Jun 30, 2024 | 32.4% | +3.1 |
| Q1 FY2024 | Mar 31, 2024 | 31.6% | +6.7 |
| Q4 FY2023 | Dec 31, 2023 | 27.5% | +3.6 |
| Q3 FY2023 | Sep 30, 2023 | 27.8% | +3.0 |
| Q2 FY2023 | Jun 30, 2023 | 29.3% | +1.4 |
| Q1 FY2023 | Mar 31, 2023 | 25.0% | −4.6 |
| Q4 FY2022 | Dec 31, 2022 | 23.9% | −5.2 |
| Q3 FY2022 | Sep 30, 2022 | 24.8% | −7.5 |
| Q2 FY2022 | Jun 30, 2022 | 27.9% | −3.4 |
| Q1 FY2022 | Mar 31, 2022 | 29.5% | −0.2 |
| Q4 FY2021 | Dec 31, 2021 | 29.1% | +1.5 |
| Q3 FY2021 | Sep 30, 2021 | 32.3% | +8.0 |
| Q2 FY2021 | Jun 30, 2021 | 31.3% | +14.6 |
| Q1 FY2021 | Mar 31, 2021 | 29.7% | +10.3 |
| Q4 FY2020 | Dec 31, 2020 | 27.5% | +7.4 |
| Q3 FY2020 | Sep 30, 2020 | 24.3% | +1.6 |
| Q2 FY2020 | Jun 30, 2020 | 16.7% | −6.9 |
| Q1 FY2020 | Mar 31, 2020 | 19.4% | +1.2 |
| Q4 FY2019 | Dec 31, 2019 | 20.1% | −0.8 |
| Q3 FY2019 | Sep 30, 2019 | 22.7% | −2.9 |
| Q2 FY2019 | Jun 30, 2019 | 23.6% | +14.2 |
| Q1 FY2019 | Mar 31, 2019 | 18.2% | −6.3 |
| Q4 FY2018 | Dec 31, 2018 | 20.9% | −2.9 |
| Q3 FY2018 | Sep 30, 2018 | 25.6% | −2.5 |
| Q2 FY2018 | Jun 30, 2018 | 9.3% | −6.6 |
| Q1 FY2018 | Mar 31, 2018 | 24.5% | −2.0 |
| Q4 FY2017 | Dec 31, 2017 | 23.8% | −1.7 |
| Q3 FY2017 | Sep 30, 2017 | 28.0% | +2.3 |
| Q2 FY2017 | Jun 30, 2017 | 15.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 26.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 25.5% | – |
| Q3 FY2016 | Sep 30, 2016 | 25.7% | – |