Alphabet (GOOG) EBITDA Margin (2014 - 2026)

Alphabet (GOOG) posted quarterly EBITDA Margin of 34.03% for Q2 2026, up 160.0% year-over-year from 13.09% in Q2 2025, and down 5.78% quarter-over-quarter from 36.12% in Q1 2026.

Alphabet (GOOG) EBITDA Margin (2014 - 2026) Analysis & Trends

Alphabet (GOOG) has reported EBITDA Margin for 13 consecutive years, with 34.03% the latest figure, recorded in Q2 2026.

  • In Q2 2026, EBITDA Margin rose 160.0% year-over-year to 34.03%; the TTM figure through Jun 2026 stood at 33.11% (up 43.0% YoY), while the FY2025 annual figure was 32.03%, down 8.0% from the prior year.
  • EBITDA Margin slipped to 34.03% in Q2 2026 per GOOG's latest filing, from 36.12% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 36.12% in Q1 2026 and bottomed at 23.88% in Q4 2022.
  • Historically, EBITDA Margin has averaged 30.15% across 5 years, with a median of 31.04% in 2025.
  • Annual changes were most pronounced in 2022 — EBITDA Margin tumbled 750 bps — and 2024, when it surged 667 bps.
  • Alphabet's EBITDA Margin stood at 23.88% in 2022, then climbed by 15 bps to 27.46% in 2023, then grew by 17 bps to 32.11% in 2024, then dropped by 2 bps to 31.57% in 2025, then increased by 8 bps to 34.03% in 2026.
  • Business Quant data shows GOOG's EBITDA Margin at 34.03% in Q2 2026, 36.12% in Q1 2026, and 31.57% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Alphabet 4,239.24 Bn 3,810.20 Bn 73.85 Bn 34.03%
2 Meta Platforms 1,536.10 Bn 1,445.84 Bn 49.47 Bn 30.88%
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn 1.52%
4 Baidu 289.49 Bn 284.99 Bn 1.88 Mn 18.86%
5 Spotify Technology 102.84 Bn 92.60 Bn 1.75 Bn 23.32%
6 Joyy 77.82 Bn 76.94 Bn 205.64 Mn 3.14%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 18.99%
8 Nebius 49.20 Bn 39.58 Bn 295.20 Mn 32.46%
9 Reddit 30.50 Bn 27.72 Bn 734.60 Mn 28.79%
10 Tencent Music Entertainment 27.07 Bn 24.37 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 34.03%
Mar 31, 2026 36.12%
Dec 31, 2025 31.57%
Sep 30, 2025 30.51%
Jun 30, 2025 32.43%
Mar 31, 2025 33.92%
Dec 31, 2024 32.11%
Sep 30, 2024 32.31%
Jun 30, 2024 32.36%
Mar 31, 2024 31.63%
Dec 31, 2023 27.46%
Sep 30, 2023 27.83%
Jun 30, 2023 29.27%
Mar 31, 2023 24.95%
Dec 31, 2022 23.88%
Sep 30, 2022 24.80%
Jun 30, 2022 27.92%
Mar 31, 2022 29.55%
Dec 31, 2021 29.05%
Sep 30, 2021 32.30%