Alphabet (GOOGM) Operating Margin (2014 - 2026)

Alphabet has disclosed Operating Margin across 13 years of filings, most recently posting 36.12% for Q1 2026.

• In Q1 2026, Operating Margin rose 220.0% year-over-year to 36.12%; the TTM figure through Mar 2026 stood at 32.69% (up 2.0% YoY), while the FY2025 annual figure was 32.03%, down 8.0% from the prior year.
• Operating Margin improved to 36.12% in Q1 2026, from 31.57% in the prior quarter.
• Over the last five years, Operating Margin for GOOGM reached as high as 36.12% in Q1 2026 and fell as low as 23.88% in Q4 2022.
• The 5-year median for Operating Margin is 30.51% (2025), against an average of 29.92%.
• Annual changes were most pronounced in 2022 — Operating Margin sank 750 bps — and 2024, when it surged 667 bps.
• 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.
• According to Business Quant data, Operating Margin over the past three periods registered 36.12%, 31.57%, and 30.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.