Reference market
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- Nov 26, 2026 · Thanksgiving Day
Equity · Communication services
Alphabet Inc. Class A (GOOGL) perpetual futures
GOOGL perpetual futures on 32 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade GOOGLUSDT.
Alphabet Inc. provides digital platforms and products including Google Search, YouTube, Android, Chrome, cloud services, and hardware devices to consumers and businesses worldwide.
$295.24-0.4%NASDAQ open
Price chart
Interactive TradingView chart
TradingView symbol NASDAQ:GOOGL
Loads TradingView's third-party widget (about 1 MB) on demand.
Auto: underlying reference priceOpen in TradingView
Trading data
Perpetual market activity
32/32 live markets
Trading data
Perpetual market activity
Venues
32
Live markets
32/32
24h volume
$757.2MCoverage: 28/32 marketsExchange-reported volume: $1B
Open interest
$512.1MCoverage: 28/32 markets
Best liquidity
$35.2M
Bitunix
Tightest spread
+0.3 bps
MEXC
Highest volume
$319M
Binance
Settlement mix
USDT · 18/32
Perp/spot vol.
0.07x
Spot volume $10.4B
OI / float
+0.02%
Float $3.2T
Spot performance
1D+1.79%
5D+4.84%
1M-15.57%
6M-25.81%
YTD-4.57%
1Y+7.23%
Venue matrix
32 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | GOOGL/USDT | Trading | $295.23 | +6.6% APR +0.00602% every 8h | +0.3 bps | - | $319M | $153.8M | USDT | - | |
 Hyperliquid HIP-3 | Trade | xyz:GOOGL | Trading | $294.85 | +5.5% APR +0.00063% every 1h | +0.3 bps | - | $79.4M | $162.9M | USDC | 20x | |
 OKX | Trade | GOOGL/USDT | Trading | $295.19 | 0.0% APR 0.000% every 8h | +0.3 bps | $3.5M | $44.5M | $31.4M | USDT | 50x | |
 Gate.io | Trade | GOOGL/USDT | Trading | $295.17 | 0.0% APR 0.000% every 8h | +3.4 bps | $1.8M | $26.4M | $61.3M | USDT | 100x | |
 Bybit | Trade | GOOGL/USDT | Trading | $295.12 | 0.0% APR 0.000% every 8h | +0.3 bps | $2.2M | $24M | $34M | USDT | 100x | |
 Bitget | Trade | GOOGL/USDT | Trading | $295.16 | 0.0% APR 0.000% every 8h | +1.0 bps | - | $24M | $27.1M | USDT | 100x | |
 Lighter | Trade | GOOGL | Trading | $294.92 | +6.1% APR +0.00070% every 1h | +4.4 bps | $1.9M | $17.7M | $5.3M | USDC | - | |
 MEXC | Trade | GOOGL/USDT | Trading | $295.14 | +6.5% APR +0.00590% every 8h | +0.3 bps | $6.3M | $12.1M | $11.4M | USDT | 100x | |
 Ondo Perps | Trade | GOOGL/USD | Trading | $294.78 | - | +4.4 bps | $221.8K | $6.6M | $3.3M | USDC | 15x | |
 Deribit | Trade | GOOGL/USDC | Trading | $294.83 | +3.4% APR +0.00314% every 8h | +3.7 bps | $898.3K | $1.7M | $920.6K | USDC | 10x | |
 KuCoin | Trade | GOOGL/USDT | Trading | $295.09 | 0.0% APR 0.000% every 8h | +9.8 bps | - | $1.6M | $8.2M | USDT | 20x | |
 HTX | Trade | GOOGL/USDT | Trading | $295.32 | +14.3% APR +0.013% every 8h | +11.5 bps | $883.7K | $1.3M | $814.3K | USDT | - | |
 Kraken | Trade | PF_GOOGLXUSD | Trading | $294.57 | +47.0% APR +0.00537% every 1h | +22.4 bps | $1.1M | $849.9K | $2.1M | USD | - | |
 Aster | Trade | GOOGLUSDT | Trading | $295.03 | +11.7% APR +0.011% every 8h | +0.3 bps | $446.6K | $619.9K | $842K | USDT | - | |
 Backpack | Trade | GOOGL/USDC | Trading | $294.77 | +5.5% APR +0.00063% every 1h | +2.7 bps | $242.9K | $594.3K | $281.2K | USDC | 10x | |
 BloFin | Trade | GOOGL/USDT | Trading | $295.20 | +7.7% APR +0.00699% every 8h | +1.0 bps | - | $531.4K | $3.1M | USDT | 50x | |
 GRVT | Trade | GOOGL/USDT | Trading | $295.17 | +6.6% APR +0.00600% every 8h | +1.0 bps | $298.1K | $357.3K | $15.8K | USDT | - | |
 Orderly Network | Trade | GOOGL/USDC | Trading | $294.90 | +11.0% APR +0.010% every 8h | - | no public depth feed | $351K | $3.4K | USDC | - | |
 Extended | Trade | GOOGL/USD | Trading | $294.93 | +6.1% APR +0.00070% every 1h | +0.3 bps | - | $245.9K | $430.1K | USD | 20x | |
 Vest | Trade | GOOGL/USDC | Trading | $294.86 | +5.0% APR +0.00057% every 1h | +4.7 bps | - | $226K | - | USDC | 25x | |
 Phemex | Trade | GOOGL / USDT | Trading | $295.03 | 0.0% APR 0.000% every 4h | +15.2 bps | - | $205K | $2.6M | USDT | 10x | |
 Crypto.com Exchange | Trade | GOOGL/USD | Trading | $294.77 | -29.9% APR -0.00341% every 1h | +11.2 bps | $33.7K | $103.9K | $44K | USD | 50x | |
 Pacifica | Trade | GOOGL/USDC | Trading | $295.02 | +11.0% APR +0.00125% every 1h | +8.5 bps | - | $59.7K | $130.3K | USDC | 10x | |
 Helix (Injective) | Trade | GOOGL/USDC | Trading | $294.88 | +3.6% APR +0.00042% every 1h | +61.3 bps | $87.3K | $33.1K | - | USDC | 30x | |
 Aevo | Trade | GOOGL/USDC | Trading | $294.84 | +11.4% APR +0.00130% every 1h | +11.4 bps | $199.7K | $0 | $25.6K | USDC | 10x | |
 Paradex | Trade | GOOGL/USD | Trading | $294.91 | +6.4% APR +0.00586% every 8h | +10,474.8 bps | $0 | $0 | $241.8 | USDC | 5x | |
 XT.com | Trade | GOOGLX/USDT | Trading | $294.90 | +6.8% APR +0.00623% every 8h | +20.7 bps | $93.4K | $191.3M | - | USDT | 10x | |
 BingX | Trade | GOOGL-USDT | Trading | $295.25 | +7.2% APR +0.00660% every 8h | +0.7 bps | $16.2M | $3.4M | - | USDT | - | |
 Ourbit | Trade | GOOGL/USDT | Trading | $295.14 | +6.5% APR +0.00590% every 8h | +0.7 bps | $10.1M | $133.4M⚠ | $150.7K | USDT | 100x | |
 LBank | Trade | GOOGL/USDT | Trading | $295.18 | +6.5% APR +0.00596% every 8h | +0.3 bps | $9.1M | $95M⚠ | $313.8K | USDT | 50x | |
 Deepcoin | Trade | GOOGL/USDT | Trading | $295.20 | - | +0.3 bps | $1.2M | $49.8M⚠ | $73K | USDT | 25x | |
 Bitunix | Trade | GOOGL/USDT | Trading | $295.24 | +7.4% APR +0.00679% every 8h | +2.4 bps | $35.2M | $9.3M⚠ | $1.4M | USDT | 50x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| GOOGLBbStocks | $294.40 | -0.29% | $37.9M | $101.4M | BNB Smart Chain (BEP20) |
| GOOGLXxStocks | $294.53 | -0.24% | $14.1M | $66.9M | Solana · Arbitrum · BNB Smart Chain (BEP20) · TON |
| GOOGLonOndo GM | $294.56 | -0.23% | $7.7M | $22.1M | Ethereum · BNB Smart Chain (BEP20) · Solana · HyperEVM |
| rGOOGLTokenized | $294.78 | -0.16% | $2.8M | $12.7M | Arbitrum |
| GOOGLRobinhood | $294.78 | -0.18% | $561k | $8.3M | Robinhood Chain |
| WGOOGLXxStocks | $302.10 | +2.32% | $295k | $264k | X Layer · Arbitrum |
| GOOGLTokenized | $300.94 | +1.93% | $307 | – | HyperEVM · Hyperliquid |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | GOOGL/SPY ↗ | – | – | – |
| uniswapDEX · robinhood | GOOGL/USDG ↗ | $294.78 | $561k | $562k |
 orcaDEX · solana | GOOGLx/USDC ↗ | $295.45 | $351k | $114k |
| bybitCEX | GOOGLX/USDT ↗ | $295.00 | $289k | – |
| gateioCEX | GOOGLON/USDT ↗ | $294.85 | $249k | – |
 pancakeswapDEX · bsc | GOOGLB/USDT ↗ | $295.10 | $241k | $1.0M |
| gateioCEX | GOOGLX/USDT ↗ | $294.51 | $40k | – |
| uniswapDEX · ethereum | GOOGLon/USDC ↗ | $298.08 | $3k | $27k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 24 of 32 venues absorb $10k · Typical cost: +6.1 bps – +16.9 bps
Cheapest execution: Lighter · +2.6 bps
No fresh book data: Binance, Hyperliquid HIP-3, Bitget, Orderly Network, Extended, Vest, Pacifica, Paradex
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
GOOGLTightest spread
GOOGLHighest volume
GOOGLFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2027-02-03
Revenue est. $143B · Updated 5h ago
Dividend
$0.22
2026-12-07
No unusual perp activity right now.
Reference data
Market context
Reference data
Market context
NASDAQ
Extended-hours reference
Bid294.02
Ask303.98
Volume9,858,504
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 202619.65$500B+24%37
FY 202715.04$638B+28%40
FY 202818.21$781.9B+23%38
FY 202922.16$903.5B+16%27
FY 203025.14$1T+12%33
Q1 20273.36$140.9B+28%19
Source: FMP · Consensus
Company events
62027-02-03EarningsActual - / Estimate 3.14-
2026-12-07Dividend$0.22-
2026-10-28Earnings · After market closeActual 2.12 / Estimate 3.02Miss
2026-09-04Dividend$0.22-
2026-07-22EarningsActual 9.11 / Estimate 2.87Beat
2026-06-08Dividend$0.22-
Peer comparison
Similar listed perpsRevenue mix
Latest annualGoogle Search & otherProduct$224.5B
Google CloudProduct$58.7B
Google subscriptions, platforms,Product$48B
UNITED STATESGeographic$194.2B
EMEAGeographic$117B
Asia PacificGeographic$67.7B
Analysts
Price targets in USD| Consensus rating | Buy |
|---|---|
| Average 12-month price target | $400.32 |
| 12-month target range (low – high) | $325 – $485 |
| Ratings in the provider's consensus | 83 |
Price targets as of 2026-11-12
Analyst rating history
Ratings| Month | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| Nov 2026 | 10 | 43 | 5 | 0 | 0 |
| Oct 2026 | 13 | 44 | 5 | 0 | 0 |
| Sep 2026 | 13 | 46 | 5 | 0 | 0 |
| Aug 2026 | 13 | 46 | 6 | 0 | 0 |
| Jul 2026 | 14 | 45 | 7 | 0 | 0 |
| Jun 2026 | 14 | 44 | 7 | 0 | 0 |
| May 2026 | 14 | 47 | 7 | 0 | 0 |
| Apr 2026 | 13 | 50 | 7 | 0 | 0 |
| Mar 2026 | 13 | 50 | 7 | 0 | 0 |
| Feb 2026 | 12 | 49 | 8 | 0 | 0 |
| Jan 2026 | 13 | 47 | 10 | 0 | 0 |
| Dec 2025 | 13 | 45 | 9 | 0 | 0 |
Ownership
Institutional · 2026-Q3Free float89.9%11B shares
Shares outstanding12.2B shares
Institutional18.4%4,637 investors
Investor count change-1,426
Reference market activity
GOOGL-PERPDay range (Nov 12)$293.8$302.56
52 week$270.7$408.61
Spot volume35.2M
Average volume-
Price performance
111D+1.8%
5D+4.8%
1M-15.6%
3M-13.8%
6M-25.8%
YTD-4.6%
1Y+7.2%
3Y+126.1%
5Y+101.2%
10Y+693.1%
MAX+11,800.4%
Insider activity
FY2026 Q4Acquisitions10 transactions357,376 shares
Dispositions28 transactions417,717 shares
Purchases0Ratio 0.36
Sales1
Insider transactions
25DateReporting persontransactionssharesPriceFilings
Director Frances Arnold sold 82 Class C Alphabet shares at $284 on Oct 29, 2026, leaving 19,157 shares held.
Alphabet officer Saraci Marsida reported 489 Class C shares converted from Class C Google Stock Units, plus 494 units withheld for taxes at $317.28–$339.01.
Alphabet officer John Kent Walker reported 1,626 Class C Google Stock Units converted into 1,626 Class C shares, and 1,641 shares withheld for taxes at $317.28.
Alphabet officer Philipp Schindler converted 1,998 Class C stock units into 1,998 Class C shares and had 2,016 Class C units withheld for tax at $317.28.
Alphabet officer Ruth Porat reported a conversion of 1,626 shares into Class C Capital Stock on Oct 25, 2026, leaving her with 928,695 shares.
Filings
100 · Latest SEC filings2026-10-304Insider transaction report (Form 4)
Director Frances Arnold sold 82 Class C Alphabet shares at $284 on Oct 29, 2026, leaving 19,157 shares held.
2026-10-274Insider transaction report (Form 4)
Alphabet officer John Kent Walker reported 1,626 Class C Google Stock Units converted into 1,626 Class C shares, and 1,641 shares withheld for taxes at $317.28.
2026-10-274Insider transaction report (Form 4)
Alphabet officer Philipp Schindler converted 1,998 Class C stock units into 1,998 Class C shares and had 2,016 Class C units withheld for tax at $317.28.
2026-10-274Insider transaction report (Form 4)
Alphabet officer Saraci Marsida reported 489 Class C shares converted from Class C Google Stock Units, plus 494 units withheld for taxes at $317.28–$339.01.
2026-10-274Insider transaction report (Form 4)
Alphabet officer Ruth Porat reported a conversion of 1,626 shares into Class C Capital Stock on Oct 25, 2026, leaving her with 928,695 shares.
2026-10-154Insider transaction report (Form 4)
Director Shriram Kavitark Ram reported gifts of Alphabet Class A and Class C stock: 173,100 Class A shares and 173,100 Class C shares acquired as gifts, and 197,600 Class A and 197,600 Class C shares disposed as gifts on 2026-10-13.
2026-10-024Insider transaction report (Form 4)
Alphabet Inc. Class A (GOOGL) director Frances Arnold sold 83 Class C Capital Stock shares on 2026-09-30 at $340.45 each, leaving 19,076 shares owned after the sale.
2026-09-294Insider transaction report (Form 4)
Alphabet officer Saraci Marsida reported converting 442 Class C Google Stock Units into 487 Class C shares, with 320 shares withheld for taxes at $339.01. No open-market purchases or sales.
2026-09-294Insider transaction report (Form 4)
Alphabet officer Anat Ashkenazi reported a conversion of 10,154 Class C Google Stock Units into 10,154 Class C Capital Stock shares, plus 10,247 shares withheld for taxes at $339.01.
2026-09-294Insider transaction report (Form 4)
Alphabet officer Ruth Porat converted 10,631 Class C Google Stock Units into 10,631 Class C Capital Stock shares, and 10,729 shares were withheld for taxes at $339.01.
2026-09-294Insider transaction report (Form 4)
Alphabet officer John Kent Walker converted 10,631 Class C Google Stock Units into 10,631 Class C shares, and 10,729 shares were withheld for taxes at $339.01.
2026-09-294Insider transaction report (Form 4)
Alphabet CEO Sundar Pichai converted 3,671 Class C Google Stock Units into 3,671 Class C shares and had 3,705 shares withheld for taxes at $339.01.
2026-09-294Insider transaction report (Form 4)
Alphabet officer Philipp Schindler reported a conversion of 13,441 Class C Google Stock Units into 13,442 Class C shares on 2026-09-25, plus 13,566 Class C Google Stock Units withheld for taxes at $339.01 each.
2026-09-164Insider transaction report (Form 4)
Alphabet officer Ruth Porat received 3 awards of Class C Google Stock Units totaling 82 shares at $0.00 on 2026-09-14, per a Form 4 filed 2026-09-16. Awards are compensation, not open-market purchases.
2026-09-164Insider transaction report (Form 4)
Alphabet Inc. director L. John Doerr received 3 Class C Google Stock Units in four award grants on 2026-09-14; the Form 4 was filed 2026-09-16.
2026-09-164Insider transaction report (Form 4)
Alphabet officer John Kent Walker received an award of 82 Class C Google Stock Units across 3 grant transactions on Sep 14, 2026, at $0.00 per share; he reported 19,076 owned after the smallest tranche. No open-market buys or sales occurred.
2026-09-164Insider transaction report (Form 4)
Alphabet CEO Sundar Pichai received a grant of 131 Class C Google Stock Units at $0.00 on Sept 14, 2026. He then held 206,509 shares.
2026-09-164Insider transaction report (Form 4)
Alphabet CFO Anat Ashkenazi received 82 Class C Google Stock Units via three award grants on Sept 14, 2026, at $0.00 per share. Awards are compensation, not open-market purchases.
2026-09-164Insider transaction report (Form 4)
Alphabet director R. Martin Chavez received 3 Class C Google Stock Units via award on 2026-09-14, a grant of compensation rather than an open-market purchase. Holdings afterward included 1,433, 941, 903 and 597 units across the four award legs.
2026-09-164Insider transaction report (Form 4)
Director Robin L. Washington received 4 awards of Class C Google Stock Units totalling 3 shares on 2026-09-14; awards are compensation, not open-market purchases.
2026-09-164Insider transaction report (Form 4)
Alphabet officer Saraci Marsida reported 8 A-Award grants on 2026-09-14, acquiring 10 Class C Google Stock Units in total at $0.00 per share.
2026-09-164Insider transaction report (Form 4)
Alphabet officer Philipp Schindler received 3 awards totaling 104 Class C Google Stock Units on Sept 14, 2026, under an award plan.
2026-09-164Insider transaction report (Form 4)
Director Shriram Kavitark Ram received 4 awards of Class C Google Stock Units totaling 3 shares on 2026-09-14, at $0.00 per share. These are compensation grants, not open-market purchases.
2026-09-164Insider transaction report (Form 4)
Alphabet Inc. Class A (GOOGL) director Frances Arnold reported 4 award transactions totaling 13 Class C Google Stock Units, granted at $0.00 on 2026-09-14. Awards are compensation, not open-market purchases.
2026-09-164Insider transaction report (Form 4)
Alphabet Inc. Class A director Hennessy John L. reported an award of 4 Class C Google Stock Units (A-Award, $0.00) across 4 transactions on 2026-09-14. He held between 854 and 2,047 units after each leg.
2026-09-164Insider transaction report (Form 4)
Alphabet Inc. Class A director Ferguson Roger W. Jr. reported receiving 3 Class C Google Stock Units as awards across 4 transactions on 2026-09-14, at $0.00 per share.
2026-09-034Insider transaction report (Form 4)
Director R. Martin Chavez gifted 1,181 shares of Alphabet Class C capital stock.
2026-09-034Insider transaction report (Form 4)
Officer Schindler Philipp gifted 295 shares of Class C Capital Stock on September 1, 2026.
2026-08-314Insider transaction report (Form 4)
Frances Arnold sold 82 Class C shares of Alphabet at $337.71 each, leaving 18,995 shares.
2026-08-274Insider transaction report (Form 4)
Ruth Porat converted 1,624 Class C Google Stock Units into 1,624 Class C Capital Stock shares, and 1,639 units were withheld for taxes.
2026-08-274Insider transaction report (Form 4)
Alphabet CFO Anat Ashkenazi converted 1,764 Class C GSUs into 1,764 Class C shares, with 1,781 shares withheld for taxes at $344.59.
2026-08-274Insider transaction report (Form 4)
Alphabet (GOOGL) officer Saraci Marsida reported a Form 4: 488 Class C Google Stock Units converted into 488 shares of Class C Capital Stock, and 493 shares disposed for tax withholding at $344.59 under code F. No open-market purchases or sales occurred.
2026-08-274Insider transaction report (Form 4)
Philipp Schindler converted 1,996 Class C Google Stock Units into 1,996 shares of Class C Capital Stock, and 2,015 units were withheld to cover taxes at $344.59 each.
2026-08-274Insider transaction report (Form 4)
On 2026-08-25, Walker converted 1,624 Class C Google Stock Units into 1,624 Class C Capital Stock shares and had 1,639 units withheld for taxes at $344.59 each.
2026-08-274Insider transaction report (Form 4)
Pichai Sundar converted 3,669 Class C Google Stock Units into 3,669 Class C Capital Stock shares and disposed of 3,703 Class C GSUs at $344.59 each for tax withholding.
2026-08-114Insider transaction report (Form 4)
On 2026-08-07, Sergey Brin gifted 673,200 Class C shares and 673,200 Class A shares, and converted 673,200 Class B shares into Class A shares.
2026-08-064Insider transaction report (Form 4)
Director Hennessy John L. gifted 1,738 Class C Capital Stock shares of Alphabet Inc. on 2026-08-05, reducing his holdings to 0.
2026-07-304Insider transaction report (Form 4)
Director Frances Arnold sold 82 shares of Alphabet Class C stock at $333.39 each, leaving 18,914 shares owned afterward.
2026-07-294Insider transaction report (Form 4)
Marsida Saraci, VP & Chief Accounting Officer of Alphabet, sold 449 shares of Class C Capital Stock at $333.20 on 2026-07-29, leaving 27,386 shares owned afterward.
2026-07-284Insider transaction report (Form 4)
Alphabet officer Saraci Marsida reported a Form 4: 2,016 Class C Google Stock Units were awarded, 487 units converted into 487 Class C shares, and 492 units were withheld for taxes at $319.09.
2026-07-284Insider transaction report (Form 4)
John Kent Walker, President/CLO of Alphabet, converted 1,625 Class C Google Stock Units into 1,625 Class C Capital Stock on 2026-07-25, and 1,640 units were withheld to cover taxes at $319.09 each.
2026-07-284Insider transaction report (Form 4)
On 2026-07-25, Porat Ruth converted 1,625 Class C GSUs into 1,625 Class C shares, then 1,640 GSUs were withheld for taxes.
2026-07-284Insider transaction report (Form 4)
Philipp Schindler converted 1,996 Class C Google Stock Units into 1,996 Class C shares; separately, 2,014 Class C Google Stock Units were withheld to cover taxes at $319.09 per share.
2026-07-284Insider transaction report (Form 4)
Sundar Pichai converted 3,668 Class C Google Stock Units into 3,668 shares of Class C Capital Stock. Separately, 3,702 Class C Google Stock Units were withheld for taxes at $319.09 per share.
2026-07-284Insider transaction report (Form 4)
Alphabet CFO Anat Ashkenazi converted 1,764 Class C Google Stock Units into 1,764 shares of Class C Capital Stock, and separately had 1,781 Class C Google Stock Units withheld for taxes at $319.09 per share.
2026-07-064Insider transaction report (Form 4)
Alphabet director R. Martin Chavez was awarded 980 Class C Google Stock Units on 2026-07-01 as compensation, bringing his holding of this security to 980 units. This was a grant, not an open-market purchase.
2026-07-064Insider transaction report (Form 4)
Alphabet director Robin L. Washington was granted 980 Class C Google Stock Units on 2026-07-01 as compensation (not an open-market purchase), holding 980 units afterward.
2026-07-064Insider transaction report (Form 4)
Alphabet director John L. Hennessy received a grant of 1,400 Class C Google Stock Units on 2026-07-01, bringing his holdings to 1,400 units. This was compensation, not an open-market purchase.
2026-07-064Insider transaction report (Form 4)
Director L. John Doerr was awarded 980 Class C Google Stock Units as compensation on 2026-07-01, bringing his holding of these units to 980.
2026-07-064Insider transaction report (Form 4)
Director Frances Arnold received a grant of 980 Class C Google Stock Units on 2026-07-01, bringing their holding of this class to 980 units. This was a compensation award, not an open-market purchase.
2026-07-064Insider transaction report (Form 4)
Director Roger W. Ferguson Jr. was awarded 980 Class C Google Stock Units as compensation, bringing his holding of this class to 980 units.
2026-07-064Insider transaction report (Form 4)
Alphabet director Shriram Kavitark Ram was granted 980 Class C Google Stock Units on 2026-07-01, now holding 980 units. This was a compensation award, not an open-market purchase.
2026-07-014Insider transaction report (Form 4)
John Kent Walker sold 8,998 shares of Alphabet Class C stock on the open market at prices between $345.18 and $351.90, and gifted 10,622 shares of Class C stock.
2026-06-304Insider transaction report (Form 4)
Alphabet director Frances Arnold sold 112 shares of Class C Capital Stock at $351.28, leaving 18,833 shares owned afterward.
2026-06-294Insider transaction report (Form 4)
Alphabet officer Saraci Marsida reported converting 381 Class C Google Stock Units and disposing of 453 shares for tax withholding (F-InKind) at $345.04.
2026-06-294Insider transaction report (Form 4)
CFO Anat Ashkenazi converted 10,148 Class C Google Stock Units into 10,148 shares of Class C Capital Stock; separately, 10,241 stock units were withheld to cover taxes at $345.04 per share.
2026-06-294Insider transaction report (Form 4)
John Kent Walker converted 10,625 Class C Google Stock Units into 10,625 Class C common shares, and 10,723 shares were withheld to cover taxes at $345.04 per share.
2026-06-294Insider transaction report (Form 4)
Ruth Porat converted 10,625 Class C Google Stock Units into 10,625 shares of Class C Capital Stock. Separately, 10,723 Class C Google Stock Units were withheld for taxes at $345.04 per share.
2026-06-294Insider transaction report (Form 4)
Philipp Schindler converted 13,433 Class C Google Stock Units into 13,433 shares of Class C Capital Stock, and 13,557 shares were withheld to cover taxes at $345.04 per share.
2026-06-294Insider transaction report (Form 4)
Sundar Pichai converted 3,668 Class C Google Stock Units into 3,668 shares of Class C Capital Stock. Separately, 3,702 Class C Google Stock Units were withheld to cover taxes at $345.04 per share.
2026-06-184Insider transaction report (Form 4)
Marsida Saraci, VP and Chief Accounting Officer of Alphabet, received 6 separate awards of Class C Google Stock Units on 2026-06-15, totaling 10 shares granted at no cost, across several holding positions.
2026-06-184Insider transaction report (Form 4)
Director John L. Hennessy sold 1,050 shares of Class C Capital Stock across 12 trades at prices between $366.01 and $369.89, and received 3 Class C Google Stock Units via 4 award grants.
2026-06-184Insider transaction report (Form 4)
Director Frances Arnold received 3 Class C Google Stock Units on 2026-06-15 as compensation awards (4 grants), not open-market purchases.
2026-06-184Insider transaction report (Form 4)
Alphabet CFO Anat Ashkenazi received a total of 93 Class C Google Stock Units in 3 grants on June 15, 2026, at no cost.
2026-06-184Insider transaction report (Form 4)
Alphabet officer Philipp Schindler received 119 Class C Google Stock Units in 3 grants on June 15, 2026.
2026-06-184Insider transaction report (Form 4)
John Kent Walker, President of Global Affairs & CLO, received 94 Class C Google Stock Units as compensation awards across 3 grants on 2026-06-15, at no cost.
2026-06-184Insider transaction report (Form 4)
Ruth Porat, President and CIO of Alphabet, was awarded a total of 94 Class C Google Stock Units across 3 grants on 2026-06-15, at no cost as compensation.
2026-06-174Insider transaction report (Form 4)
Director Ferguson Roger W. Jr. reported aggregate Class C Google Stock Units: 1 disposed and 2 acquired via compensation awards, each at $0.00, on June 15, 2026.
2026-06-174Insider transaction report (Form 4)
Pichai Sundar, CEO of Alphabet, received a non-cash award of 137 Class C Google Stock Units on June 15, 2026, bringing his total holdings to 228,490 units.
2026-06-174Insider transaction report (Form 4)
Director L. John Doerr received a grant of 3 Class C Google Stock Units (GSUs) as compensation on June 15, 2026, at $0.00 per unit.
2026-06-174Insider transaction report (Form 4)
Director Robin L Washington received 3 Class C Google Stock Units as compensation on June 15, 2026.
2026-06-174Insider transaction report (Form 4)
Director Shriram Kavitark Ram received a grant of 3 Class C Google Stock Units (RSUs) at $0.00, with no purchase or sale.
2026-06-174Insider transaction report (Form 4)
Director R. Martin Chavez was awarded 3 Class C Google Stock Units on 2026-06-15, as reported in Form 4.
2026-06-053Initial insider ownership statement (Form 3)
On May 27, 2026, Saraci Marsida filed a Form 3, reporting zero shares acquired in transactions involving Class A and Class C stock and Google Stock Units.
Transcripts
Earnings callsFY2026 Q32026-10-28
Earnings calls
AI summary
positiveAlphabet reported Q3 FY2026 consolidated revenues of $127.6 billion, up 25% year-over-year in reported and constant currency, with operating income up 30% to $40.6 billion and a 31.8% operating margin. Google Services revenues rose 11% to $96.3 billion, with Search and other advertising up 12% to $63.3 billion and YouTube ads up 9% to $11.2 billion. Google Cloud delivered record growth, with revenues up 103% to $30.7 billion and operating income of $11.1 billion at a 36.2% margin; TPU system sales were a meaningful contributor. Sundar Pichai cited the highest year-over-year query growth in five years, first-party model APIs processing nearly 32 billion tokens per minute, the Gemini app at 1 billion users, and the Gemini 4 series (Argon and Carbon). CapEx was $51.4 billion, free cash flow was negative $9.1 billion, and Cloud backlog was $561 billion. Full-year 2026 CapEx guidance of $195-205 billion was unchanged, and CapEx is expected to increase significantly in 2027.
Key takeaways
- Alphabet revenues grew 25% year-over-year to $127.6 billion, reaching a $0.5 trillion annual run rate.
- Google Cloud revenues grew 103% to $30.7 billion with operating margin of 36.2%, and TPU system sales were a meaningful contributor.
- Year-over-year query growth was the highest in five years; Philipp Schindler said strong AI Mode query growth had an impact on Search growth because of lower monetization in AI Mode, and ads are now scaling in AI Overviews and AI Mode, including internationally.
- The Gemini app reached 1 billion users, and first-party model APIs process nearly 32 billion tokens per minute, 40% more than last quarter.
- CapEx was $51.4 billion in Q3 and free cash flow was negative $9.1 billion, driven by technical infrastructure investment, TPU inventory build and a $5.2 billion EC fine payment.
Financial highlights
- Consolidated revenues were $127.6 billion, up 25% year-over-year in both reported and constant currency; operating income rose 30% to $40.6 billion at a 31.8% margin.
- Google Services revenues rose 11% to $96.3 billion; Search and other advertising rose 12% to $63.3 billion, YouTube ads rose 9% to $11.2 billion and Network ads rose 1% to $7.5 billion.
- Google Cloud revenues rose 103% to $30.7 billion with operating income of $11.1 billion and a 36.2% margin; Cloud backlog was $561 billion.
- Operating cash flow was $42.3 billion in Q3 and $179.6 billion trailing 12 months; cash and marketable securities were $265.1 billion and long-term debt was $125.1 billion.
Guidance
- Full-year 2026 CapEx guidance range of $195 billion to $205 billion remains unchanged; CapEx is expected to increase significantly in 2027, with further details on the Q4 call.
- At current spot rates, Alphabet expects a slightly larger FX headwind to Q4 consolidated revenues than in the prior quarter, primarily in Search and YouTube Ads.
- In Google Services, the company expects to continue lapping the Search performance acceleration that began in Q3 last year, pressuring Q4 revenue growth.
- In Google Cloud, TPU system sales are expected to continue to scale in Q4, followed by a meaningful revenue ramp in 2027; near-term margin headwinds are expected from ramping third-party compute capacity.
Q&A themes
- Search growth deceleration versus record query growth, including FX, vertical dynamics and lower AI Mode monetization.
- TPU system sales economics, revenue recognition timing, inventory build and implications for CapEx and cash flow.
- Agentic products: technical hurdles, enterprise-first rollout, plans to bring agentic experiences to consumers, and monetization potential.
- Compute allocation priorities across Alphabet businesses and broadened TPU distribution through partners such as Oracle and Crux AI.
Risks
- Q3 free cash flow was negative $9.1 billion, and sizable technical infrastructure investment and TPU inventory build are expected to pressure free cash flow.
- Third-party compute capacity utilization is expected to create near-term Cloud margin headwinds, and TPU system sales depend on a different cash flow cycle with inventory built ahead of revenue.
- Search revenue growth faces FX headwinds and lapping of prior-year performance acceleration in Q4, and strong AI Mode query growth carries lower monetization.
FY2026 Q22026-07-22
Earnings calls
AI summary
positiveAlphabet delivered strong Q2 2026 results with consolidated revenues of $119.8 billion, up 24% year-over-year, marking the company's 12th consecutive quarter of double-digit revenue growth. The company's AI investments are yielding measurable returns across its core businesses. Search and other revenues grew 17% to $63.3 billion, with retail and finance as largest contributors, while YouTube advertising grew 13% to $11.1 billion. Google Cloud delivered outstanding results with 82% revenue growth to $24.8 billion, driven by strong demand for Enterprise AI products and services. Cloud operating margin expanded significantly to 35.6% from 20.7% year-over-year. The company announced new Gemini models including 3.6 Flash and 3.5 Flashlight, characterized as cost-effective and efficient. Alphabet is increasing its 2026 CapEx guidance to $195-205 billion from $180-190 billion to accelerate capacity delivery. Operating income grew 30% to $40.8 billion with an operating margin of 34%.
Key takeaways
- Alphabet achieved 24% revenue growth with Cloud growing 82% and Search growing 17%, demonstrating AI monetization success across consumer and enterprise products
- Google Cloud backlog reached $514 billion with majority related to GCP contracts, expecting over 50% to be recognized as revenue in next 24 months
- Gemini models showing strong adoption with 9 million developers building monthly with APIs, token usage reaching 22 billion tokens per minute up from 16 billion prior quarter
- Company increasing full year 2026 CapEx guidance to $195-205 billion range to accelerate capacity delivery and meet growing AI infrastructure demand
- Supply constraints persist across the business with Alphabet planning to expand third-party capacity in Q3 as bridging strategy while building internal capacity
Financial highlights
- Consolidated revenues of $119.8 billion, up 24% year-over-year (23% in constant currency)
- Operating income increased 30% to $40.8 billion with operating margin of 34%
- Google Services revenues $94.5 billion up 15%, with advertising revenues up 14% across all major verticals
- Google Cloud revenues $24.8 billion up 82% with operating margin expanding to 35.6% from 20.7%
Guidance
- Updated full year 2026 CapEx guidance to $195-205 billion range, up from previous $180-190 billion estimate, primarily due to acceleration in capacity delivery
- Expect FX headwind to consolidated revenue in Q3 compared to 1 percentage point FX tailwind in Q2, primarily in Search and YouTube ads
- Expect to recognize relatively small portion of TPU system sales revenues in 2026 with vast majority realized in 2027
- Continue to expect significant CapEx increases in 2027 with more details to be provided at later date
Q&A themes
- Model development and frontier capabilities including discussion of Gemini 4 training, coding improvements in Flash models, and confidence in maintaining frontier position
- CapEx planning and allocation strategy balancing frontier model development, consumer business needs, and enterprise/cloud customer demand across supply-constrained environment
- TPU strategy including allocation between internal use and external customer sales, collaboration models like Blackstone project, and margin profile of TPU system sales
- YouTube and Search monetization opportunities including AI-powered ad targeting improvements, new ad formats, living room expansion, and demand from multiple verticals
Risks
- Supply constraints in AI infrastructure persist and expected to continue, potentially limiting growth and requiring use of third-party capacity at higher costs that may pressure margins
- Significant increase in CapEx and depreciation expenses will create continued pressure on profitability in near term as technical infrastructure investments scale
- Integration of Wiz acquisition expected to create margin headwinds in 2026 related to cybersecurity product offerings
FY2026 Q12026-04-29
Earnings calls
AI summary
positiveAlphabet achieved 11 consecutive quarters of double-digit revenue growth with consolidated revenue of $109.9 billion, up 22% YoY. Google Cloud emerged as the key growth driver with 63% revenue growth exceeding $20 billion for the first time, powered by strong enterprise AI adoption and infrastructure demand. Search & Other revenues grew 19% to $60.4 billion, benefiting from AI-driven user engagement and improved monetization.
Key takeaways
- Google Cloud revenue accelerated 63% YoY to $20 billion with backlog nearly doubling sequentially to $462 billion; enterprise AI solutions drove 800% YoY growth
- Gemini Enterprise paid monthly active users grew 40% quarter-over-quarter with major customer adoption from Bosch, Merck, and Mars Inc.
- Search & Other revenue grew 19% to $60.4 billion driven by all-time high query volumes, AI Overviews, and AI Mode expansion; reduced search latency by 35% over 5 years
- YouTube reached 10 million channels publishing Shorts daily and achieved largest quarterly increase in Premium and Music nontrial subscribers since launch
- Net income increased 81% YoY to $62.6 billion with operating margin at 36.1%; operating cash flow reached $45.8 billion in Q1
Financial highlights
- Consolidated revenue $109.9 billion, up 22% YoY (19% constant currency); Google Services $89.6 billion, up 16%
- Google Cloud $20 billion, up 63% YoY; operating income $6.6 billion with margin expanding to 32.9% from 17.8% YoY
- Google Services operating income $40.6 billion with margin at 45.3%; YouTube advertising $9.9 billion, up 11%
- Free cash flow $10.1 billion Q1; CapEx $35.7 billion with 60% in servers, 40% in data centers and networking
Guidance
- Q2 2026: Expect approximately 1 percentage point FX tailwind to consolidated revenue, compared to 3 percentage points in Q1
- TPU hardware: Expect small percentage of revenue recognition later in 2026, with vast majority realized in 2027
- 2026 CapEx guidance updated to $180-190 billion from prior $175-185 billion range, driven by AI infrastructure investments
- 2027 CapEx expected to increase significantly compared to 2026; Cloud operating margin expected low single-digit percentage point headwind from Wiz acquisition through end of 2026
Q&A themes
- Cloud capacity allocation prioritizes frontier model R&D, followed by core businesses (Search, YouTube) and external Google Cloud demand using ROIC framework
- TPU hardware sales to select third-party customers in their data centers provide economies of scale and help fund next-generation compute investment
- Agentic commerce through Universal Commerce Protocol enables discovery-to-checkout experiences; Direct Offers in AI Mode resonating with users; multiple new ad formats being tested
- Search monetization opportunity remains significant with ability to increase ad coverage from historical 20% as AI better understands user intent on longer, complex queries
Risks
- Compute constraints limiting near-term Cloud revenue growth; 2027 CapEx increase dependent on sustained demand for AI infrastructure
- TPU hardware sales revenue fluctuate quarter-to-quarter based on shipping timing; majority of $462 billion backlog expected to convert in next 24 months
- Depreciation and data center operations costs from heavy CapEx investments create ongoing P&L pressure; Wiz acquisition adds low single-digit margin headwind through 2026
FY2025 Q42026-02-04
Earnings calls
AI summary
positiveAlphabet achieved record results in Q4 2025 with consolidated revenues reaching $113.8 billion, marking the first time annual revenues exceeded $400 billion. Growth was fueled by strong performance in Search and Cloud, with Gemini 3 adoption driving significant user engagement improvements. The company is committing $175-185 billion in CapEx for 2026 to support AI infrastructure and meet persistent supply constraints.
Key takeaways
- Search revenues grew 17% to $63.1B; AI overviews and AI mode queries doubled daily per-user with 3x longer query lengths than traditional searches
- Google Cloud revenues accelerated 48% to $17.7B with 55% sequential backlog growth reaching $240B; over 120,000 enterprises now use Gemini
- Gemini app reached 750M monthly active users with significant engagement increases post-December launch of Gemini 3; Gemini Enterprise sold 8M+ paid seats in 4 months
- YouTube annual revenues surpassed $60B across ads and subscriptions; Shorts averaged 200B+ daily views with higher revenue-per-watch-hour than traditional in-stream in some regions
- Waymo surpassed 20M fully autonomous trips and provides 400,000+ rides per week across six markets with Miami launch two weeks ago
Financial highlights
- Q4 2025 consolidated revenues: $113.8B, up 18% YoY (17% constant currency)
- FY2025 consolidated revenues: $403B, up 15% YoY
- Q4 operating income: $35.9B (31.6% margin); net income: $34.5B; EPS: $2.82 (up 31% YoY)
- FY2025 operating cash flow: $160.5B; free cash flow: $73.3B; Q4 CapEx: $27.9B; FY2025 CapEx: $91.4B
Guidance
- FY2026 CapEx expected to be $175-185B with investments ramping throughout the year
- Expect depreciation growth to accelerate in Q1 2026 and meaningfully increase for full year due to prior CapEx investments
- Google Services revenue growth to be driven by ongoing improvements in user experience and improved advertiser ROI
- Google Cloud expected to continue strong growth despite tight supply environment
Q&A themes
- Supply constraints persist across AI compute capacity; company expects to remain supply constrained throughout 2026 despite CapEx investments
- AI monetization strategies include testing ads below AI responses, direct offers in AI mode, and new checkout experiences in Gemini; company not rushing Gemini app monetization
- No evidence of cannibalization between Gemini app and Search; overall AI products creating expansionary moment with new query types
- YouTube brand advertising pressured by 2024 US Election cycle lapping; company optimistic on connected TV, shoppable formats, and creator partnerships for future brand growth
Risks
- Supply chain constraints on AI accelerators (GPUs/TPUs) and power/land availability expected to persist throughout 2026 despite elevated CapEx
- YouTube advertising growth moderated by lapping strong 2024 US Election spending and slight impact in other brand verticals
- Depreciation expense and data center operations costs expected to significantly increase in 2026, pressuring operating margins despite revenue growth
FY2025 Q32025-10-29
Earnings calls
AI summary
positiveAlphabet achieved record Q3 2025 revenue of $102.3 billion (16% YoY growth), powered by accelerating AI adoption across products. Google Cloud revenue grew 34% to $15.2 billion with $155 billion backlog (46% sequential growth), while Search and YouTube advertising each grew 15%. The company is navigating infrastructure investments and regulatory costs while maintaining 30.5% operating margin.
Key takeaways
- First-ever $100B+ quarterly revenue ($102.3B) with 16% YoY growth; revenue has doubled from $50B five years ago
- Google Cloud accelerating with 34% revenue growth, $155B backlog, and $1B+ deals signed in 2025 exceeding prior 2 years combined
- AI Mode now has 75M daily active users with queries doubled in Q3; AI Overviews scaled to 2B users driving incremental query and revenue growth
- Gemini models processing 1.3 quadrillion tokens monthly (20x growth YoY); 7B tokens per minute via direct API; 650M Gemini app monthly active users
- Cloud AI products revenue grew 200% YoY; nearly 150 customers each processed ~1 trillion tokens in past 12 months
Financial highlights
- Consolidated revenue: $102.3B (16% YoY growth, 15% constant currency)
- Google Services revenue: $87.1B (14% YoY); Search and other $56.6B (15% YoY); YouTube ads $10.3B (15% YoY)
- Google Cloud revenue: $15.2B (34% YoY); operating income $3.6B (85% YoY); operating margin 23.7% (up from 17.1% prior year)
- Net income: $35B (33% YoY); EPS $2.87 (35% YoY); Free cash flow $24.5B (Q3), $73.6B (trailing 12 months)
Guidance
- CapEx guidance raised to $91-93B for 2025 (up from $85B prior estimate); expect significant increase for 2026 with details on Q4 call
- Expect tight demand-supply environment in Q4 2025 and 2026 despite improving server deployment pace
- Q4 revenue comparisons negatively impacted by strong U.S. election spending on YouTube in Q4 2024
- Depreciation growth expected to accelerate slightly in Q4; sales and marketing expenses more weighted to year-end for product launches
Q&A themes
- Agentic e-commerce and travel: Philipp emphasized early-stage agentic experiences positioning them as additive to search, working with partner ecosystems; Sundar noted opportunity to integrate Waymo with Gemini and user data for enhanced in-car experience in 2026
- Search monetization dynamics: AI Overviews monetizing at approximately same rate as baseline; AI Mode still in testing phase; paid clicks up 7% YoY, CPCs up 7% YoY; historical non-commercial queries seen as monetization opportunity
- Custom silicon strategy: TPU and GPU investments driving Cloud differentiation; full-stack AI approach enabling margin expansion and revenue growth; strong customer demand for infrastructure products
- ROIC and capital allocation: Cloud business already generating billions in quarterly AI revenue with returns visible; rigorous framework evaluates long-term investments across Cloud, ads, and YouTube; investments aimed at resilient growth profile and meeting customer demand
Risks
- European Commission fine of $3.5B impacted Q3 operating margin; potential regulatory headwinds continue
- Depreciation expenses growing 41% YoY to $5.6B due to infrastructure investments, expected to accelerate further in Q4
- Tight AI infrastructure supply-demand environment expected to persist through Q4 2025 and into 2026, limiting revenue scalability
FY2025 Q22025-07-23
Earnings calls
AI summary
positiveAlphabet reported Q2 2025 consolidated revenue of $96.4 billion, up 14% YoY, with double-digit growth across Search, YouTube, subscriptions, and Google Cloud. AI features including AI Overviews (2B+ monthly users), AI Mode (100M+ monthly active users), and Gemini 2.5 models are driving expanded user engagement and query growth. The company increased 2025 CapEx guidance from $75 billion to $85 billion to meet strong cloud customer demand, though the company remains in a tight supply environment.
Key takeaways
- Search revenues grew 12% to $54.2 billion with AI Overviews driving 10%+ incremental queries globally; AI Mode launched in U.S. and India with 100M+ monthly active users; multimodal search (Lens, Circle to Search) showing strong growth particularly among younger users
- Google Cloud revenues increased 32% to $13.6 billion with operating margin expanding to 20.7%; annual revenue run rate exceeded $50 billion; signed same number of $1B+ deals in H1 2025 as all of 2024; 85,000+ enterprises now build with Gemini
- YouTube advertising revenues grew 13% to $9.8 billion driven by direct response and brand; Shorts now average 200B+ daily views with revenue per watch hour matching or exceeding traditional in-stream in some markets; YouTube maintained #1 streaming watch time in U.S. for 2+ years
- Gemini app reached 450M+ monthly active users with daily requests growing 50%+ QoQ; company processed 980 trillion monthly tokens across surfaces (doubled from 480 trillion at Google IO); Veo 3 video generation exceeded 70M videos created since May
- CapEx raised to $85 billion for 2025 (from $75B) with further increases expected in 2026; majority invested in servers (2/3) and data center/networking equipment (1/3) to meet cloud demand despite tight supply environment
Financial highlights
- Consolidated Q2 revenue: $96.4 billion, +14% YoY (+13% constant currency)
- Operating income: $31.3 billion, +14% YoY; operating margin: 32.4%
- Net income: $28.2 billion, +19% YoY; EPS: $2.31, +22% YoY
- Free cash flow: $5.3 billion in Q2; $66.7 billion trailing twelve months
Guidance
- Full-year 2025 CapEx increased to approximately $85 billion (from previous $75 billion estimate) reflecting additional server investments, timing of server deliveries, and accelerated data center construction to meet cloud customer demand
- Expect further CapEx increase in 2026 due to ongoing cloud customer demand and growth opportunities; detailed 2026 CapEx outlook to be provided on future earnings call
- Expect tight demand-supply environment in cloud to continue into 2026
- Depreciation expected to accelerate further in Q3 given recent CapEx increases; expect sequential headcount additions in Q3 including new graduate hiring; Q3 will reflect expenses from August Pixel product launch
Q&A themes
- AI talent competition and retention: executives stated retention metrics and new talent inflow remain healthy despite high-profile departures; company competitive on frontier work, compute resources, and peer access
- Agentic AI capabilities: main technological hurdles include reliable chaining of sequences, compounding latency/cost, and brittleness; 2026 expected to be the year of broader agentic experience adoption; internal rollout of agentic coding tools underway with early positive results
- Search monetization evolution: AI Overviews monetize at approximately same rate as traditional ads, enabling innovation in next-generation ad formats; company managing for user satisfaction and advertiser ROI rather than clicks/CPC targets; paid clicks grew 4% YoY
- Two-surface strategy (Search vs. Gemini app): Search more information-oriented backed by grounded search results; Gemini app functions as personal assistant enabling longer conversations and creative tasks; approach allows testing of different user intents before potential future unification
Risks
- Tight supply environment for cloud compute expected to persist into 2026, creating potential constraints on revenue growth despite $10B additional CapEx investment
- Significant increase in depreciation expenses (up 35% YoY in Q2 to $5B, expected to accelerate further in Q3) will continue pressuring P&L from multi-year CapEx investments
- FX volatility could impact Q3 revenue tailwinds at current spot rates; Search and YouTube advertising expected to face headwinds from lapping strong financial services verticals in 2024 and prior-year U.S. election spending on YouTube
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.- OpenAI, Google, Anthropic hit with lawsuit seeking halt to frontier AI development
- Warby Parker bets on Google AI glasses for growth, but privacy fears still loom
- Anthropic brings Claude to Google Meet to tackle tasks live
- Google agrees to addition privacy protections in Spirit Airlines data sale
- Google to introduce two variants of its in-house chips, Bloomberg News reports
- Alphabet's Wing to Build New Texas Factory for Delivery Drones
- Mapping the Market: Alphabet shares may be ready for a corrective rally
- Google executive Donald Harrison resigns from SpaceX board
- Google acquires Wyoming data center site from AI infrastructure firm Crusoe
- Alphabet's Drone Unit to Invest Up to $125 Million in New Texas Facility
Company data
Company intelligence
Updated: Nov 13, 2026, 03:10 PM UTC
Company data
Company intelligence
Company profile
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Chief executive
- Sundar Pichai
- Employees
- 204,757
- IPO date
- Aug 19, 2004
- Country
- US
- Exchange
- NASDAQ Global Select
Altman Z-scorei9.72
Piotroski scorei5/9
Overall ratingiB+
Owner earningsi$4.09B$0.33 per share
ESG risk ratingiBIndustry rank: 68/82
Rating factors
- Return on equityi
- 5/5
- Return on assetsi
- 5/5
- Debt to equityi
- 3/5
- Price to earningsi
- 2/5
- Price to booki
- 1/5
Company press releases
Kaplan Fox Alerts Alphabet Inc. (GOOGL, GOOG) Investors to an Approaching Lead Plaintiff Deadline on December 1, 2026Newsfile CorpGOOGL, GOOG DEADLINE: ROSEN, A LONGSTANDING FIRM, Encourages Alphabet Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GOOGL, GOOGGlobeNewsWireLMSYS Org Launches SGLang Consortium with NVIDIA, AMD, Intel, Google, Meta, Cloudflare, Modal and RadixArk to Advance Open-Source AI InferenceBusiness WireDEADLINE ALERT for Alphabet Inc. (GOOGL) and Coastal Financial Corporation (CCB): The Law Offices of Frank R. Cruz Reminds Investors of Lead Plaintiff Deadlines in Securities Fraud Class ActionsGlobeNewsWireSHAREHOLDER ALERT: Bronstein Gewirtz & Grossman, LLC Announces Class Action Against Alphabet Inc. (NASDAQ: GOOG) — Investors Who Suffered Losses Are Encouraged to Contact the FirmGlobeNewsWireINVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Alphabet Inc. of Class Action Lawsuit and Upcoming Deadlines - GOOGPRNewsWire
Congressional disclosures
Senate
Jerry MoranPurchase · $1,001 - $15,000Disclosed: Jul 21, 2026Jerry MoranSale · $1,001 - $15,000Disclosed: Jun 25, 2026John Karl FettermanPurchase · $1,001 - $15,000Disclosed: Apr 3, 2026John FettermanPurchase · $1,001 - $15,000Disclosed: Apr 3, 2026Shelley Moore CapitoPurchase · $1,001 - $15,000Disclosed: Mar 4, 2026
House
Ro KhannaPurchase · $1,001 - $15,000Disclosed: Nov 9, 2026Michael RulliSale · $50,001 - $100,000Disclosed: Oct 20, 2026Pete SessionsSale · $100,001 - $250,000Disclosed: Oct 28, 2026Cleo FieldsPurchase · $1,001 - $15,000Disclosed: Oct 2, 2026Pete SessionsSale · $15,001 - $50,000Disclosed: Sep 21, 2026
Market cap history
$3.62T-13.4%Aug 2026 – Nov 2026
Latest: $3.62T · 2026-11-12High: $4.26T · 2026-09-21Low: $3.41T · 2026-11-02
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| 189400.KS | 1.65% | 16.6T |
| VTI | 2.76% | 186.6M |
| VOO | 3.07% | 154.4M |
| FXAIX | 3.06% | 91.1M |
| IVV | 2.6% | 78.8M |
| 1657.T | 1.99% | 78.8M |
| XAW.TO | 1.54% | 78.8M |
| XUU.TO | 2.31% | 78.8M |
| XWD.TO | 1.87% | 78.8M |
| IHVV.AX | 2.67% | 78.8M |
| SPY | 2.6% | 71.9M |
| VUG | 5.16% | 58.8M |
Analyst track record
How the analysts covering GOOGL have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 314 | 1,110 |
| Analysts | 49 | 64 |
| Buy / hold / sell | 266 / 48 / 0 | 877 / 233 / 0 |
| Upgrades / downgrades / initiations | 5 / 0 / 2 | 7 / 5 / 10 |
| Price targets hit / missed | 0 / 293 (0%) | 690 / 325 (68%) |
| Avg. return after a rating (TipRanks) | -24.0% | +26.4% |
| Best / worst call | -0.4% / -42.0% | +131.6% / -42.0% |
After buy calls on this stock: median 21-day move +2.4% vs S&P 500 -0.6% (n = 886)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Justin PostBank of America Securities100% hit rate on this stock · 56 targets measuredBuytarget $380Oct 29, 2026
- Ross SandlerBarclays100% hit rate on this stock · 32 targets measuredBuytarget $405Oct 28, 2026
- Brian NowakMorgan Stanley100% hit rate on this stock · 32 targets measuredBuytarget $375Oct 29, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Nov 6, 2026 | Mark ShmulikBernsteinNov 6, 2026 | HoldMaintained | $325↗ | article ↗ |
| Nov 5, 2026 | Sachin MittalDBSNov 5, 2026 | BuyMaintained | $400↗ | article ↗ |
| Nov 2, 2026 | Brent ThillJefferiesNov 2, 2026 | BuyMaintained | $400↗ | article ↗ |
| Nov 2, 2026 | Deepak MathivananCantor FitzgeraldNov 2, 2026 | BuyMaintained | $350↗ | article ↗ |
| Nov 2, 2026 | Brian PitzBMO CapitalNov 2, 2026 | BuyMaintained | $425↗ | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data · computed Nov 13, 2026 · 314 ratings
Frequently asked questions
Where can I trade GOOGL perpetual futures?
Alphabet Inc. Class A (GOOGL) perpetual futures trade on 32 crypto venues, including Binance, XT.com, Ourbit. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade GOOGL around the clock?
Yes. Unlike the underlying stock, GOOGL perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on GOOGL perpetuals?
Right now the GOOGL perp funding rate is +2.7% annualized (venue median), ranging from 0.0% to +7.4% across 32 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the GOOGL perp price compare to the Alphabet Inc. Class A stock?
The venue-median GOOGL perp mark is $295 versus a reference stock price of $295.2, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a GOOGL perpetual future?
A GOOGL perpetual is a derivative that tracks the price of Alphabet Inc. Class A with no expiry date. It lets you take long or short exposure to Alphabet Inc. Class A on crypto venues, around the clock.
What is GOOGLUSDT perpetual?
GOOGLUSDT is the symbol most crypto exchanges use for the Alphabet Inc. Class A perpetual settled in USDT (Tether). It tracks the GOOGL share price through an index, trades 24/7 with leverage and never expires.
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