What are Alphabet Inc.'s profit margins?

Alphabet Inc. (GOOGL) runs a 60.4% gross margin and a 32.7% operating margin, with a 37.9% net margin.

Where do Alphabet Inc.'s ratios come from?

Every ratio is computed from Alphabet Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Alphabet Inc. GOOGL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	60.4%+1.8pp	59.7%+1.5pp	59.2%+1.3pp	58.9%+1.6pp	58.6%+1.5pp
Operating margin	32.7%0.0pp	32%-0.1pp	32.2%+1.3pp	32.7%+2.8pp	32.7%+3.6pp
Net margin	37.9%+7.1pp	32.8%+4.2pp	32.2%+4.5pp	31.1%+4.4pp	30.9%+5.0pp
EBITDA margin	38.2%+0.9pp	37.3%+0.8pp	37.2%+2.0pp	37.4%+3.5pp	37.2%+4.2pp
Free cash flow margin	15.2%-5.6pp	18.2%-2.6pp	19.1%+2.7pp	18%-0.5pp	20.8%-0.9pp
Returns
Return on equity	38.9%+4.1pp	35.7%+2.8pp	35.5%+3.3pp	34.8%+4.0pp	34.8%+5.0pp
Return on assets	27.2%+2.0pp	25.3%+1.8pp	25.7%+2.9pp	25.2%+3.2pp	25.1%+3.9pp
Return on invested capital	25.9%-5.4pp	27.5%-3.5pp	28.3%-2.6pp	29.8%-1.0pp	31.3%+1.8pp
Efficiency
Asset turnover	0.7×-0.1×	0.8×-0.1×	0.8×0.0×	0.8×0.0×	0.8×0.0×
Liquidity
Current ratio	1.9×+0.2×	2×+0.2×	1.7×-0.2×	1.9×-0.2×	1.8×-0.4×
Quick ratio	1.9×+0.2×	2×+0.2×	1.7×-0.2×	1.9×-0.2×	1.8×-0.4×
Cash ratio	0.3×+0.1×	0.3×0.0×	0.2×0.0×	0.2×-0.1×	0.3×-0.1×
Leverage
Debt-to-equity	0.2×+0.2×	0.2×+0.1×	0.1×0.0×	0.1×+0.1×	0.1×0.0×
Debt-to-assets	0.1×+0.1×	0.1×+0.1×	0.1×0.0×	0.1×0.0×	0×0.0×
Net debt / EBITDA	0.4×+0.4×	0.2×+0.2×	0.1×+0.1×	0.1×+0.2×	-0×0.0×
Valuation
Market capitalization	$3.47T+82.2%	$3.79T+62.4%	$2.95T+43.1%	$2.04T-10.2%	$1.9T+0.6%
Enterprise value	$3.53T+85.9%	$3.82T+63.7%	$2.96T+44.1%	$2.06T-8.9%	$1.9T+0.7%
Price / earnings	21.7×+4.5×	28.6×+5.4×	23.7×+1.9×	17.6×-8.2×	17.2×-5.8×
Price / sales	8.2×+2.9×	9.4×+2.7×	7.6×+1.6×	5.5×-1.4×	5.3×-0.7×
Price / book	7.2×+1.7×	9.1×+1.9×	7.6×+1.1×	5.6×-1.9×	5.5×-0.9×
EV / EBITDA	21.9×+7.7×	25.5×+7.2×	20.7×+3.5×	14.8×-5.4×	14.2×-3.8×
EV / sales	8.4×+3.1×	9.5×+2.8×	7.7×+1.6×	5.5×-1.3×	5.3×-0.6×
Free cash flow yield	1.9%-2.1pp	1.9%-1.2pp	2.5%-0.2pp	3.3%+0.6pp	3.9%+0.3pp
Earnings yield	4.6%-1.2pp	3.5%-0.8pp	4.2%-0.4pp	5.7%+1.8pp	5.8%+1.5pp
Dividend yield	0.3%-0.2pp	0.3%-0.1pp	0.3%+0.1pp	0.5%+0.4pp	0.5%—
PEG ratio	0.5×0.0×	0.9×+0.2×	0.7×+0.2×	0.6×0.0×	0.5×-0.1×

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Questions, answered.

What are Alphabet Inc.'s profit margins?: Alphabet Inc. (GOOGL) runs a 60.4% gross margin and a 32.7% operating margin, with a 37.9% net margin.
Where do Alphabet Inc.'s ratios come from?: Every ratio is computed from Alphabet Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.