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 Reddit 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
DateValue
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