Alphabet (GOOG) Current Taxes (2014 - 2022)
Alphabet (GOOG) posted quarterly Current Taxes of $1.0 billion for Q3 2022, down 75.42% year-over-year from $4.2 billion in Q3 2021, and down 47.6% quarter-over-quarter from $2.0 billion in Q2 2022.
Alphabet (GOOG) Current Taxes (2014 - 2022) Analysis & Trends
Alphabet (GOOG) has reported Current Taxes for 9 consecutive years, with $1.0 billion the latest figure, recorded in Q3 2022.
- In Q3 2022, Current Taxes fell 75.42% year-over-year to $1.0 billion; the TTM figure through Sep 2022 stood at $1.0 billion (down 75.42% YoY), while the FY2021 annual figure was $808.0 million, down 45.59% from the prior year.
- Current Taxes declined to $1.0 billion in Q3 2022 per GOOG's latest filing, from $2.0 billion in the prior quarter.
- Across five years, Current Taxes topped out at $4.3 billion in Q1 2022 and bottomed at $69.0 million in Q4 2018.
- Historically, Current Taxes has averaged $1.4 billion across 5 years, with a median of $1.1 billion in 2020.
- On a YoY basis, Current Taxes climbed as much as 793.98% in 2018 and fell as far as 92.17% in 2018.
- Alphabet's Current Taxes stood at $69.0 million in 2018, then surged by 297.1% to $274.0 million in 2019, then soared by 441.97% to $1.5 billion in 2020, then sank by 45.59% to $808.0 million in 2021, then grew by 26.86% to $1.0 billion in 2022.
- Business Quant data shows GOOG's Current Taxes at $1.0 billion in Q3 2022, $2.0 billion in Q2 2022, and $4.3 billion in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 175.61 Mn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | 245.67 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 114,984.00 |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 23.30 Mn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.09 Bn | 24.39 Bn | 514.00 Mn | 154.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 1.03 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 4.34 Bn |
| Dec 31, 2021 | 808.00 Mn |
| Sep 30, 2021 | 4.17 Bn |
| Jun 30, 2021 | 1.81 Bn |
| Mar 31, 2021 | 1.89 Bn |
| Dec 31, 2020 | 1.49 Bn |
| Sep 30, 2020 | 1.10 Bn |
| Jun 30, 2020 | 975.00 Mn |
| Mar 31, 2020 | 913.00 Mn |
| Dec 31, 2019 | 274.00 Mn |
| Sep 30, 2019 | 131.00 Mn |
| Jun 30, 2019 | 536.00 Mn |
| Mar 31, 2019 | 761.00 Mn |
| Dec 31, 2018 | 69.00 Mn |
| Jun 30, 2018 | 1.19 Bn |
| Mar 31, 2018 | 1.34 Bn |
| Dec 31, 2017 | 881.00 Mn |
| Sep 30, 2017 | 221.00 Mn |