SuperworthAlphabet profit margin GOOG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 54.8%
- Operating margin, 12 months
- 33.1%
- Net margin on a year earlier
- +23.7 pts
- Peer median
- 32.3%
Over the twelve months to Jun 30, 2026, Alphabet kept 54.8% of its revenue as net profit, with an operating margin of 33.1% and a gross margin of 60.9%.
Five years earlier its net margin was 28.6%.
The median for 10 communication services stocks of a similar size is 32.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 32.8% | 32.0% | 59.7% |
| FY2024 | 28.6% | 32.1% | 58.2% |
| FY2023 | 24.0% | 27.4% | 56.6% |
| FY2022 | 21.2% | 26.5% | 55.4% |
| FY2021 | 29.5% | 30.6% | 56.9% |
| FY2020 | 22.1% | 22.6% | 53.6% |
| FY2019 | 21.2% | 21.1% | 55.6% |
| FY2018 | 22.5% | 20.1% | 56.5% |
| FY2017 | 11.4% | 23.6% | 58.9% |
| FY2016 | 21.6% | 26.3% | 61.1% |
| FY2015 | 21.8% | 25.8% | 62.4% |
| FY2014 | 21.7% | 25.0% | 61.1% |
| FY2013 | 23.3% | 27.7% | 60.4% |
| FY2012 | 21.4% | 25.4% | n/a |
| FY2011 | 25.7% | 31.0% | 65.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 54.8% | +23.7 pts | 33.1% | |
| Q1 FY26 | 37.9% | +7.1 pts | 32.7% | |
| Q4 FY25 | 32.8% | +4.2 pts | 32.0% | |
| Q3 FY25 | 32.2% | +4.5 pts | 32.2% | |
| Q2 FY25 | 31.1% | +4.4 pts | 32.7% | |
| Q1 FY25 | 30.9% | +5.0 pts | 32.7% | |
| Q4 FY24 | 28.6% | +4.6 pts | 32.1% | |
| Q3 FY24 | 27.7% | +5.3 pts | 30.9% | |
| Q2 FY24 | 26.7% | +5.6 pts | 29.8% | |
| Q1 FY24 | 25.9% | +5.3 pts | 29.0% | |
| Q4 FY23 | 24.0% | +2.8 pts | 27.4% | |
| Q3 FY23 | 22.5% | −1.3 pts | 26.5% |
Against its peers
Companies in Communication Services nearest Alphabet's size, closest first, today.
| Company | Profit margin |
|---|---|
| GOOGAlphabet | 54.8% |
| MSFTMicrosoft | 40.3% |
| AAPLApple | 27.6% |
| NVDANVIDIA | 63.7% |
| AMZNAmazon.com | 17.4% |
| SPCXSpaceX | n/m |
| METAMeta Platforms | 31.1% |
| AVGOBroadcom | 42.9% |
| TSLATesla | n/m |
| LLYEli Lilly and | 33.5% |
| BRK-BBerkshire Hathaway | 22.3% |
| Peer median | 32.3% |
Where Alphabet ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Alphabet
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.