Alphabet (GOOG) Operating Margin (2014 - 2026)

Alphabet (GOOG) reported Operating Margin of 36.12% for Q1 2026, up 220.0% year-over-year from 11.29% in Q1 2025, and up 14.42% quarter-over-quarter from 31.57% in Q4 2025.

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

Alphabet (GOOG) has 13 years of Operating Margin data on file, last reported at 36.12% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 36.12%, up 220.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 32.69% (up 2.0% YoY), and the FY2025 annual result was 32.03%, down 8.0% from the prior year.
  • Operating Margin advanced to 36.12% in Q1 2026 per GOOG's latest filing, from 31.57% in the prior quarter.
  • Over five years, Operating Margin peaked at 36.12% in Q1 2026 and troughed at 23.88% in Q4 2022.
  • A 5-year average of 29.92% and a median of 30.51% in 2025 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 750 bps in 2022, then surged 667 bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 23.88% in 2022, then advanced by 15 bps to 27.46% in 2023, then climbed by 17 bps to 32.11% in 2024, then slipped by 2 bps to 31.57% in 2025, then climbed by 14 bps to 36.12% in 2026.
  • Business Quant data shows GOOG's Operating Margin at 36.12% in Q1 2026, 31.57% in Q4 2025, and 30.51% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -32.08%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 36.12%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 40.62%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 15.77%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 27.57%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -7.97%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 30.14%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 27.37%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -4.87%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 5.08%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 31.29%