Alphabet (GOOGL) Exchange Rate Effect (2014 - 2026)
Alphabet's Exchange Rate Effect was $45 million in Q3 2026, compared with -$200 million a year earlier.
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Analysis
Alphabet (GOOGL) Exchange Rate Effect (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alphabet's Exchange Rate Effect was -$145 million through Sep 30, 2026; for FY2025, it was $208 million.
- Exchange Rate Effect shows a five-year compound annual growth rate of 54.0% (FY2020 to FY2025).
- In earlier years, Exchange Rate Effect was -$612 million in FY2024, -$421 million in FY2023, -$506 million in FY2022 and -$287 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Exchange Rate Effect since Q2 2025.
- Per Business Quant data, GOOGL's Exchange Rate Effect in the three quarters before Q3 2026 was -$31 million (Q2 2026), -$123 million (Q1 2026) and -$36 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,624.96 Bn | 3,359.86 Bn | 76.16 Bn | 45.00 Mn |
| 2 | Meta Platforms | 1,640.16 Bn | 1,304.68 Bn | 51.23 Bn | 8.00 Mn |
| 3 | Netflix | 255.21 Bn | 216.51 Bn | 6.80 Bn | 19.00 Mn |
| 4 | Alibaba Group Holding | 219.23 Bn | 41.30 Bn | 15.16 Bn | -224.00 Mn |
| 5 | Shopify | 189.29 Bn | 174.44 Bn | 1.78 Bn | 1.00 Mn |
| 6 | Uber Technologies | 142.08 Bn | 113.28 Bn | 6.42 Bn | -34.00 Mn |
| 7 | AppLovin | 135.54 Bn | 124.07 Bn | 1.94 Bn | -428,000.00 |
| 8 | Spotify Technology | 126.14 Bn | 83.06 Bn | 1.89 Bn | 14.96 Mn |
| 9 | Booking Holdings | 119.69 Bn | 53.43 Bn | - | -5.00 Mn |
| 10 | PDD Holdings | 112.41 Bn | -131.65 Bn | 9.48 Bn | 182.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.00 Mn |
| Jun 30, 2026 | -31.00 Mn |
| Mar 31, 2026 | -123.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Sep 30, 2025 | -200.00 Mn |
| Jun 30, 2025 | 401.00 Mn |
| Mar 31, 2025 | 43.00 Mn |
| Dec 31, 2024 | -390.00 Mn |
| Sep 30, 2024 | 141.00 Mn |
| Jun 30, 2024 | -238.00 Mn |
| Mar 31, 2024 | -125.00 Mn |
| Dec 31, 2023 | -94.00 Mn |
| Sep 30, 2023 | -351.00 Mn |
| Jun 30, 2023 | -26.00 Mn |
| Mar 31, 2023 | 50.00 Mn |
| Dec 31, 2022 | 137.00 Mn |
| Sep 30, 2022 | -375.00 Mn |
| Jun 30, 2022 | -368.00 Mn |
| Mar 31, 2022 | 100.00 Mn |
| Dec 31, 2021 | -181.00 Mn |
API Access
Alphabet Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=GOOGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "GOOGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();