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Alphabet stock: growth
GOOGLAlphabet reported $402.84B in revenue for fiscal 2025, up 15.1% on the prior year, up 17.2% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
21.1%
per year from 2006 to 2025, per share 21.1%
Earnings (Annual rate)
21.9%
per year from 2006 to 2025, per share 21.7%
Free cash flow (Annual rate)
22%
per year from 2006 to 2025, per share 22%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 17.2% | 18.3% | 21.1% |
| Revenue per share | 19.9% | 19.8% | 21.1% |
| Earnings | 26.8% | 23.2% | 21.9% |
| Earnings per share | 29.8% | 25.1% | 21.7% |
| Free cash flow | 11.3% | 16.4% | 22.0% |
| Free cash flow per share | 14.0% | 17.8% | 22.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $10.6B | $3.08B | $1.68B |
| 2007 | $16.59B | $4.2B | $3.37B |
| 2008 | $21.8B | $4.23B | $5.49B |
| 2009 | $23.65B | $6.52B | $8.51B |
| 2010 | $29.32B | $8.51B | $7.06B |
| 2011 | $37.91B | $9.74B | $11.13B |
| 2012 | $46.04B | $10.74B | $13.35B |
| 2013 | $55.52B | $12.73B | $11.3B |
| 2014 | $66B | $14.14B | $11.42B |
| 2015 | $74.99B | $16.35B | $16.11B |
| 2016 | $90.27B | $19.48B | $25.82B |
| 2017 | $110.86B | $12.66B | $23.91B |
| 2018 | $136.82B | $30.74B | $22.83B |
| 2019 | $161.86B | $34.34B | $30.97B |
| 2020 | $182.53B | $40.27B | $42.84B |
| 2021 | $257.64B | $76.03B | $67.01B |
| 2022 | $282.84B | $59.97B | $60.01B |
| 2023 | $307.39B | $73.8B | $69.5B |
| 2024 | $350.02B | $100.12B | $72.76B |
| 2025 | $402.84B | $132.17B | $73.27B |
Revenue by segment
How Alphabet Inc. makes its money and how that has shifted. Names are as the company reports them.
- Google Search & other56%
- Google Cloud15%
- Google subscriptions, platforms, and devices12%
- YouTube ads10%
- Google Network7%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Google Search & other | $85.3B | $98.12B | $104.06B | $148.95B | $162.45B | $175.03B | $198.08B | $224.53B | 55.7% |
| Google Cloud | $5.84B | $8.92B | $13.06B | $19.21B | $26.28B | $33.09B | $43.23B | $58.71B | 14.6% |
| Google subscriptions, platforms, and devices | $14.06B | $17.01B | $21.71B | $28.03B | $29.06B | $34.69B | $40.34B | $48.03B | 11.9% |
| YouTube ads | $11.16B | $15.15B | $19.77B | $28.85B | $29.24B | $31.51B | $36.15B | $40.37B | 10% |
| Google Network | $20.01B | $21.55B | $23.09B | $31.7B | $32.78B | $31.31B | $30.36B | $29.79B | 7.4% |
| Other | $0 | $0 | $0 | $0 | $3.03B | $0 | $0 | $0 | 0% |
| Total revenue | $136.82B | $161.86B | $182.53B | $257.64B | $282.84B | $307.39B | $350.02B | $402.84B | 100% |
Revenue by region
Where Alphabet Inc. generates its revenue.
- United States48%
- EMEA29%
- Asia Pacific17%
- Americas excluding US6%
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $42.78B | $52.45B | $63.27B | $74.84B | $85.01B | $117.85B | $134.81B | $146.29B | $170.45B | $194.21B | 48.2% |
| EMEA | $30.3B | $36.05B | $44.57B | $50.65B | $55.37B | $79.11B | $82.06B | $91.04B | $102.13B | $117.05B | 29.1% |
| Asia Pacific | $12.56B | $16.24B | $21.37B | $26.93B | $32.55B | $46.12B | $47.02B | $51.51B | $56.82B | $67.68B | 16.8% |
| Americas excluding US | $4.63B | $6.13B | $7.61B | $8.99B | $9.42B | $14.4B | $16.98B | $18.32B | $20.42B | $23.9B | 5.9% |
| Total revenue | $90.27B | $110.86B | $136.82B | $161.86B | $182.53B | $257.64B | $282.84B | $307.39B | $350.02B | $402.84B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2006)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.