Alphabet EBITDA Margin Growth & History (GOOGL)
Alphabet's ebitda margin was 37.42% for fiscal 2025.
View full Alphabet company overviewAlphabet annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.42% | +0.81 pp |
| 2024 | 2024-12-31 | 36.60% | +5.14 pp |
| 2023 | 2023-12-31 | 31.46% | +0.07 pp |
| 2022 | 2022-12-31 | 31.39% | −3.15 pp |
| 2021 | 2021-12-31 | 34.54% | — |
Alphabet quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 40.27% | +2.53 pp |
| Q1 2026 | 2026-03-31 | 42.18% | +3.16 pp |
| Q4 2025 | 2025-12-31 | 37.01% | +0.43 pp |
| Q3 2025 | 2025-09-30 | 36.14% | −0.81 pp |
| Q2 2025 | 2025-06-30 | 37.74% | +0.89 pp |
| Q1 2025 | 2025-03-31 | 39.03% | +3.06 pp |
| Q4 2024 | 2024-12-31 | 36.58% | +4.74 pp |
| Q3 2024 | 2024-09-30 | 36.96% | +4.99 pp |
| Q2 2024 | 2024-06-30 | 36.86% | +3.80 pp |
| Q1 2024 | 2024-03-31 | 35.97% | +7.24 pp |
| Q4 2023 | 2023-12-31 | 31.84% | — |
| Q3 2023 | 2023-09-30 | 31.96% | — |
| Q2 2023 | 2023-06-30 | 33.06% | — |
| Q1 2023 | 2023-03-31 | 28.73% | — |
Alphabet ebitda margin trends
Between the periods ended 2021-12-31 and 2025-12-31, Alphabet's ebitda margin increased from 34.54% to 37.42%, a change of +2.88 percentage points. The latest reported quarter, Q2 2026, shows 40.27%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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