Alphabet (GOOGL) Invested Capital (2014 - 2026)
Alphabet (GOOGL) posted Invested Capital of $738.65 billion for Q2 2026, up 91.1% from $386.52 billion a year earlier and up 32.8% from the prior quarter.
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Analysis
Alphabet (GOOGL) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, Alphabet's Invested Capital came in at $461.81 billion, up 37.5% from FY2024.
- Annual Invested Capital has increased for 11 consecutive years, with a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- In prior years, Alphabet's Invested Capital was $335.97 billion in FY2024 (+13.8%), $295.25 billion in FY2023 (+9.0%), $270.85 billion in FY2022 (+1.6%) and $266.45 billion in FY2021 (+12.7%).
- The Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q4 2014.
- On a year-over-year basis, Invested Capital has increased in each of the last 40 quarters, with growth averaging 34.6% over the last eight quarters.
- The year-over-year growth in Invested Capital has ranged between 1.6% (Q4 2022) and 91.1% (Q2 2026) over the last five years.
- According to Business Quant data, Invested Capital for the three prior quarters was $556.25 billion (Q1 2026), $461.81 billion (Q4 2025) and $408.47 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 44.46 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 187.69 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 9.40 Bn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | - |
| 10 | Airbnb | 95.83 Bn | 49.06 Bn | 2.98 Bn | 10.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 738.65 Bn |
| Mar 31, 2026 | 556.25 Bn |
| Dec 31, 2025 | 461.81 Bn |
| Sep 30, 2025 | 408.47 Bn |
| Jun 30, 2025 | 386.52 Bn |
| Mar 31, 2025 | 356.15 Bn |
| Dec 31, 2024 | 335.97 Bn |
| Sep 30, 2024 | 326.42 Bn |
| Jun 30, 2024 | 313.99 Bn |
| Mar 31, 2024 | 306.07 Bn |
| Dec 31, 2023 | 295.25 Bn |
| Sep 30, 2023 | 286.98 Bn |
| Jun 30, 2023 | 280.85 Bn |
| Mar 31, 2023 | 274.59 Bn |
| Dec 31, 2022 | 270.85 Bn |
| Sep 30, 2022 | 268.28 Bn |
| Jun 30, 2022 | 270.15 Bn |
| Mar 31, 2022 | 268.80 Bn |
| Dec 31, 2021 | 266.45 Bn |
| Sep 30, 2021 | 258.86 Bn |
API Access
Alphabet Invested Capital 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=invested-capital&ticker=GOOGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();