Alphabet (GOOGM) Invested Capital (2014 - 2026)
Alphabet (GOOGM) reported 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 (GOOGM) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, Alphabet posted Invested Capital of $461.81 billion, up 37.5% from FY2024.
- Invested Capital has increased for 11 consecutive years, with a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- By year, Invested Capital came in at $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 ranks as the highest quarterly Invested Capital in data going back to Q4 2014.
- Year over year, Invested Capital has now increased in each of the last 40 quarters, with growth averaging 34.6% over the last eight quarters.
- Over the past five years, the year-over-year growth in Invested Capital ranged from 1.6% (Q4 2022) to 91.1% (Q2 2026).
- Per Business Quant data, the three quarters before Q2 2026 came in at $556.25 billion (Q1 2026), $461.81 billion (Q4 2025) and $408.47 billion (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 802.65 Bn |
| 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 |
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=GOOGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "GOOGM", "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=GOOGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();