Alphabet annual operating margin
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Alphabet Operating Margin Growth & History (GOOGL)
Alphabet's operating margin was 32.03% for fiscal 2025.
View full Alphabet company overviewAlphabet annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 32.03% | −0.08 pp |
| 2024 | 2024-12-31 | 32.11% | +4.69 pp |
| 2023 | 2023-12-31 | 27.42% | +0.96 pp |
| 2022 | 2022-12-31 | 26.46% | −4.09 pp |
| 2021 | 2021-12-31 | 30.55% | +7.97 pp |
| 2020 | 2020-12-31 | 22.59% | +1.44 pp |
| 2019 | 2019-12-31 | 21.15% | +1.03 pp |
| 2018 | 2018-12-31 | 20.12% | −3.50 pp |
| 2017 | 2017-12-31 | 23.61% | −2.66 pp |
| 2016 | 2016-12-31 | 26.27% | +0.45 pp |
| 2015 | 2015-12-31 | 25.82% | +0.82 pp |
| 2014 | 2014-12-31 | 24.99% | −2.75 pp |
| 2013 | 2013-12-31 | 27.74% | — |
Alphabet quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 34.03% | +1.60 pp |
| Q1 2026 | 2026-03-31 | 36.12% | +2.20 pp |
| Q4 2025 | 2025-12-31 | 31.57% | −0.54 pp |
| Q3 2025 | 2025-09-30 | 30.51% | −1.80 pp |
| Q2 2025 | 2025-06-30 | 32.43% | +0.07 pp |
| Q1 2025 | 2025-03-31 | 33.92% | +2.29 pp |
| Q4 2024 | 2024-12-31 | 32.11% | +4.65 pp |
| Q3 2024 | 2024-09-30 | 32.31% | +4.48 pp |
| Q2 2024 | 2024-06-30 | 32.36% | +3.09 pp |
| Q1 2024 | 2024-03-31 | 31.63% | +6.67 pp |
| Q4 2023 | 2023-12-31 | 27.46% | +3.58 pp |
| Q3 2023 | 2023-09-30 | 27.83% | +3.03 pp |
| Q2 2023 | 2023-06-30 | 29.27% | +1.36 pp |
| Q1 2023 | 2023-03-31 | 24.95% | −4.59 pp |
| Q4 2022 | 2022-12-31 | 23.88% | −5.17 pp |
| Q3 2022 | 2022-09-30 | 24.80% | −7.50 pp |
| Q2 2022 | 2022-06-30 | 27.92% | −3.37 pp |
| Q1 2022 | 2022-03-31 | 29.55% | −0.17 pp |
| Q4 2021 | 2021-12-31 | 29.05% | +1.55 pp |
| Q3 2021 | 2021-09-30 | 32.30% | +8.01 pp |
| Q2 2021 | 2021-06-30 | 31.29% | +14.62 pp |
| Q1 2021 | 2021-03-31 | 29.72% | +10.33 pp |
| Q4 2020 | 2020-12-31 | 27.51% | +7.40 pp |
| Q3 2020 | 2020-09-30 | 24.28% | +1.62 pp |
| Q2 2020 | 2020-06-30 | 16.67% | −6.91 pp |
| Q1 2020 | 2020-03-31 | 19.38% | +1.20 pp |
| Q4 2019 | 2019-12-31 | 20.11% | −0.82 pp |
| Q3 2019 | 2019-09-30 | 22.66% | −2.90 pp |
| Q2 2019 | 2019-06-30 | 23.57% | +14.25 pp |
| Q1 2019 | 2019-03-31 | 18.18% | −6.32 pp |
| Q4 2018 | 2018-12-31 | 20.93% | −2.88 pp |
| Q3 2018 | 2018-09-30 | 25.56% | −2.46 pp |
| Q2 2018 | 2018-06-30 | 9.32% | −6.56 pp |
| Q1 2018 | 2018-03-31 | 24.51% | −2.03 pp |
| Q4 2017 | 2017-12-31 | 23.81% | −1.66 pp |
| Q3 2017 | 2017-09-30 | 28.02% | +2.33 pp |
| Q2 2017 | 2017-06-30 | 15.89% | −11.87 pp |
| Q1 2017 | 2017-03-31 | 26.54% | +0.17 pp |
| Q4 2016 | 2016-12-31 | 25.47% | +0.25 pp |
| Q3 2016 | 2016-09-30 | 25.69% | +0.48 pp |
| Q2 2016 | 2016-06-30 | 27.76% | +0.54 pp |
| Q1 2016 | 2016-03-31 | 26.37% | +0.60 pp |
| Q4 2015 | 2015-12-31 | 25.22% | +2.69 pp |
| Q3 2015 | 2015-09-30 | 25.21% | — |
| Q2 2015 | 2015-06-30 | 27.22% | — |
| Q1 2015 | 2015-03-31 | 25.77% | — |
| Q3 2014 | 2014-09-30 | 22.54% | — |
Alphabet operating margin trends
Over the last five reported fiscal years, Alphabet's operating margin increased from 22.59% to 32.03%, a change of +9.45 percentage points. The latest reported quarter, Q2 2026, shows 34.03%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-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.
Review Alphabet filings at SEC.gov ↗