Alphabet (GOOG) Exchange Rate Effect (2014 - 2026)
Alphabet (GOOG) posted quarterly Exchange Rate Effect of -$31.0 million for Q2 2026, down 107.73% year-over-year from $401.0 million in Q2 2025, and up 74.8% quarter-over-quarter from -$123.0 million in Q1 2026.
Alphabet (GOOG) Exchange Rate Effect (2014 - 2026) Analysis & Trends
Alphabet (GOOG) has reported Exchange Rate Effect for 13 consecutive years, with -$31.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Exchange Rate Effect fell 107.73% year-over-year to -$31.0 million; the TTM figure through Jun 2026 stood at -$390.0 million (down 300.0% YoY), while the FY2025 annual figure was $208.0 million, up 133.99% from the prior year.
- Exchange Rate Effect climbed to -$31.0 million in Q2 2026 per GOOG's latest filing, from -$123.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $401.0 million in Q2 2025 and bottomed at -$390.0 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged -$82.5 million across 5 years, with a median of -$65.0 million in 2023.
- Annual changes were most pronounced in 2024 — Exchange Rate Effect tumbled 815.38% — and 2025, when it jumped 268.49%.
- Alphabet's Exchange Rate Effect stood at $137.0 million in 2022, then tumbled by 168.61% to -$94.0 million in 2023, then tumbled by 314.89% to -$390.0 million in 2024, then soared by 90.77% to -$36.0 million in 2025, then grew by 13.89% to -$31.0 million in 2026.
- Business Quant data shows GOOG's Exchange Rate Effect at -$31.0 million in Q2 2026, -$123.0 million in Q1 2026, and -$36.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | -31.00 Mn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | -7.00 Mn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | -39.00 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 46.83 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | -3,091.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | -5.10 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 Bn | 514.00 Mn | -7.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -31.00 Mn |
| Jun 30, 2026 | -31.00 Mn |
| Mar 31, 2026 | -123.00 Mn |
| Mar 31, 2026 | -123.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Sep 30, 2025 | -200.00 Mn |
| Sep 30, 2025 | -200.00 Mn |
| Jun 30, 2025 | 401.00 Mn |
| Jun 30, 2025 | 401.00 Mn |
| Mar 31, 2025 | 43.00 Mn |
| Mar 31, 2025 | 43.00 Mn |
| Dec 31, 2024 | -390.00 Mn |
| Dec 31, 2024 | -390.00 Mn |
| Sep 30, 2024 | 141.00 Mn |
| Sep 30, 2024 | 141.00 Mn |
| Jun 30, 2024 | -238.00 Mn |
| Jun 30, 2024 | -238.00 Mn |
| Mar 31, 2024 | -125.00 Mn |
| Mar 31, 2024 | -125.00 Mn |