Alphabet (GOOGL) Current Taxes (2014 - 2022)
Alphabet (GOOGL) posted quarterly Current Taxes of $1.0 billion for Q3 2022, down 75.42% YoY from $4.2 billion in Q3 2021, and down 47.6% sequentially from $2.0 billion in Q2 2022.
Alphabet (GOOGL) Current Taxes (2014 - 2022) Analysis & Trends
Alphabet has disclosed Current Taxes across 9 years of filings, most recently posting $1.0 billion for 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 eased to $1.0 billion in Q3 2022, from $2.0 billion in the prior quarter.
- Over the last five years, Current Taxes for GOOGL reached as high as $4.3 billion in Q1 2022 and fell as low as $69.0 million in Q4 2018.
- The 5-year median for Current Taxes is $1.1 billion (2020), against an average of $1.4 billion.
- The widest YoY moves for Current Taxes: up 793.98% in 2018, down 92.17% in 2018.
- A 5-year view of Current Taxes shows it stood at $69.0 million in 2018, then jumped by 297.1% to $274.0 million in 2019, then surged by 441.97% to $1.5 billion in 2020, then slumped by 45.59% to $808.0 million in 2021, then climbed by 26.86% to $1.0 billion in 2022.
- According to Business Quant data, Current Taxes over the past three periods registered $1.0 billion, $2.0 billion, and $4.3 billion for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | - |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | - |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | 114,984.00 |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | 245.67 Mn |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | 23.30 Mn |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | - | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | 1.83 Bn |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | 154.00 Mn |
| 10 | Alphabet | - | - | 102.29 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |