Alphabet (GOOG) Enterprise Value (2013 - 2026)
Alphabet (GOOG) posted quarterly Enterprise Value of -$429.0 billion for Q2 2026, down 153.48% year-over-year from $802.3 billion in Q2 2025, and down 98.98% quarter-over-quarter from -$215.6 billion in Q1 2026.
Analysis
Alphabet (GOOG) Enterprise Value (2013 - 2026) Analysis & Trends
Alphabet (GOOG) has reported Enterprise Value for 13 consecutive years, with -$429.0 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Enterprise Value fell 153.48% year-over-year to -$429.0 billion; the TTM figure through Jun 2026 stood at -$429.0 billion (down 153.48% YoY), while the FY2025 annual figure was -$223.0 billion, down 32.85% from the prior year.
- Enterprise Value declined to -$429.0 billion in Q2 2026 per GOOG's latest filing, from -$215.6 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$166.5 billion in Q3 2024 and bottomed at -$429.0 billion in Q2 2026.
- Historically, Enterprise Value has averaged -$210.9 billion across 5 years, with a median of -$205.0 billion in 2022.
- Annual changes were most pronounced in 2022 — Enterprise Value advanced 20.4% — and 2026, when it slumped 153.48%.
- Alphabet's Enterprise Value stood at -$205.6 billion in 2022, then grew by 3.82% to -$197.8 billion in 2023, then rose by 15.14% to -$167.8 billion in 2024, then plunged by 32.85% to -$223.0 billion in 2025, then sank by 92.41% to -$429.0 billion in 2026.
- Business Quant data shows GOOG's Enterprise Value at -$429.0 billion in Q2 2026, -$215.6 billion in Q1 2026, and -$223.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -429.04 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | -90.26 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -6.92 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -9.10 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | -2.79 Bn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -2.14 Bn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -3.09 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -1.27 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | -583.81 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -2.66 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -429.04 Bn |
| Mar 31, 2026 | -215.62 Bn |
| Dec 31, 2025 | -222.98 Bn |
| Sep 30, 2025 | -173.90 Bn |
| Jun 30, 2025 | -169.26 Bn |
| Mar 31, 2025 | -167.39 Bn |
| Dec 31, 2024 | -167.85 Bn |
| Sep 30, 2024 | -166.50 Bn |
| Jun 30, 2024 | -174.23 Bn |
| Mar 31, 2024 | -191.69 Bn |
| Dec 31, 2023 | -197.78 Bn |
| Sep 30, 2023 | -209.17 Bn |
| Jun 30, 2023 | -210.74 Bn |
| Mar 31, 2023 | -204.28 Bn |
| Dec 31, 2022 | -205.65 Bn |
| Sep 30, 2022 | -210.53 Bn |
| Jun 30, 2022 | -232.06 Bn |
| Mar 31, 2022 | -247.05 Bn |
| Dec 31, 2021 | -258.35 Bn |
| Sep 30, 2021 | -260.29 Bn |