Alphabet Stock Statistics 2026
By Axis Intelligence Research
Co-author: Sarah Davis | Last updated: July 26, 2026 | License: CC BY 4.0
Alphabet closed Q2 2026 with $119.8 billion in revenue — its 12th straight quarter of double-digit growth — while Google Cloud surged 82% to $24.8 billion and free cash flow turned negative for the first time in years as CapEx hit $44.9 billion in a single quarter. The stock fell 7% on earnings day. The numbers tell two stories simultaneously: an operating machine running at 34% margins and a company voluntarily burning its cash cushion to win the AI infrastructure race.
Quick Answer
Alphabet’s trailing twelve-month revenue reached $445.9 billion through Q2 2026, with a 33.1% TTM operating margin. According to Axis Intelligence Research’s Alphabet Stock Intensity Index (ASII), the combined score of operating efficiency, free cash flow generation, and capital return compressed to 17.53 in Q2 2026 from an estimated 19.65 in FY2025, reflecting buyback suspension and negative quarterly FCF as CapEx guidance rose to $195–205 billion for 2026.
Key Findings
- Axis Intelligence Research calculates Alphabet’s Alphabet Stock Intensity Index (ASII) at 17.53 as of Q2 2026 — a composite of TTM operating margin (33.1%), TTM free cash flow margin (11.95%), and TTM buyback yield (0.44%) — the first published reading of this metric, establishing the Q2 2026 baseline for future quarter comparisons.
- Google Cloud’s operating margin reached 35.6% in Q2 2026 ($8.814 billion operating income on $24.768 billion revenue), up from 17.7% in Q2 2025 — a 17.9 percentage point margin expansion in twelve months that no analyst consensus model had forecast at the start of the year, per Alphabet Q2 2026 8-K, SEC EDGAR.
- According to Axis Intelligence Research, Alphabet’s Q2 2026 free cash flow turned negative at −$5.855 billion (operating cash flow $39.069 billion minus CapEx $44.924 billion), the first negative quarterly FCF in at least a decade, as the company simultaneously raised $49.6 billion in equity capital and $20.3 billion in new debt to fund AI infrastructure.
- Alphabet’s balance sheet total assets reached $921.983 billion as of June 30, 2026 — nearly $1 trillion — with $242.474 billion in cash and marketable securities and long-term debt of $98.165 billion, per the Q2 2026 10-Q, SEC EDGAR.
- According to Axis Intelligence Research’s analysis of Alphabet’s SEC filings, Google Cloud’s backlog grew from $460 billion at Q1 2026 to $519.5 billion at Q2 2026 — a $59.5 billion addition in a single quarter — implying committed enterprise AI demand is accumulating faster than Alphabet can convert it to revenue even at 82% growth rates.
What Is Alphabet’s Market Cap in 2026?
Alphabet (GOOGL / GOOG) trades on Nasdaq as two share classes. As of July 24, 2026, GOOGL (Class A) closed at $319.74 per share (MacroTrends), and the company had approximately 12.23 billion total shares outstanding across all classes (Alphabet Q2 2026 10-Q, SEC EDGAR). At that price, total market capitalization was approximately $3.91 trillion for GOOGL-class holders, per StockAnalysis (July 24, 2026 data sourced from S&P Global Market Intelligence).
The all-time closing high for Alphabet was $402.38, recorded on May 13, 2026 (MacroTrends), when the company briefly crossed $4.86 trillion in market capitalization intraday. GOOGL stock gained 68.1% over the prior 52 weeks through July 24, 2026 (StockAnalysis).
Share class structure: Alphabet maintains three share classes: Class A (GOOGL, one vote per share, publicly traded), Class B (ten votes per share, held by founders and insiders, not publicly traded), and Class C (GOOG, no voting rights, publicly traded). As of June 30, 2026, there were 5,868 million Class A shares, 835 million Class B shares, and 5,527 million Class C shares, for a total of 12,230 million shares (Alphabet Q2 2026 10-Q, SEC EDGAR).
The last stock split was a 20-for-1 forward split on July 18, 2022.
What Are Alphabet’s Revenue and Earnings in 2026?
Alphabet’s Q2 2026 revenue was $119.796 billion, up 24% year-over-year from $96.428 billion in Q2 2025 (Alphabet Q2 2026 8-K, SEC EDGAR, filed July 22, 2026). That marked the company’s 12th consecutive quarter of double-digit revenue growth.
Trailing twelve months (Q3 2025 through Q2 2026): Axis Intelligence Research calculated TTM revenue at $445.866 billion by summing the four most recent quarterly 8-K filings — Q3 2025 ($102.346 billion), Q4 2025 ($113.828 billion), Q1 2026 ($109.896 billion), and Q2 2026 ($119.796 billion).
Alphabet revenue by segment, Q2 2026 vs Q2 2025 (SEC EDGAR)
| Segment | Q2 2025 | Q2 2026 | YoY |
|---|---|---|---|
| Google Search & other | $54.190B | $63.271B | +17% |
| YouTube ads | $9.796B | $11.055B | +13% |
| Google Network | $7.354B | $7.303B | −1% |
| Google advertising total | $71.340B | $81.629B | +14% |
| Google subscriptions, platforms & devices | $11.203B | $12.911B | +15% |
| Google Services total | $82.543B | $94.540B | +15% |
| Google Cloud | $13.624B | $24.768B | +82% |
| Other Bets | $0.373B | $0.382B | +2% |
| Total | $96.428B | $119.796B | +24% |
Source: Alphabet Q2 2026 8-K, SEC EDGAR
EPS: GAAP diluted EPS for Q2 2026 was $9.11, up 294% from $2.31 in Q2 2025 (Alphabet Q2 2026 8-K, SEC EDGAR). That $9.11 figure is heavily distorted by $99.031 billion in unrealized gains on equity securities — primarily from Alphabet’s non-marketable securities portfolio (which surged from $68.687 billion at year-end 2025 to $131.461 billion at June 30, 2026). Stripping out the after-tax impact of those equity gains ($77.1 billion increase to net income), adjusted net income was approximately $35.1 billion, equivalent to roughly $2.85 adjusted diluted EPS — consistent with LSEG’s analyst consensus of $2.89.
Sarah Davis notes: The $9.11 GAAP EPS is not an operating earnings number. Alphabet’s portfolio of equity stakes — now marked at $131 billion on the balance sheet — produced a single-quarter unrealized gain larger than most companies’ entire annual revenue. A CFO presenting this to a board would strip it out on slide one. The number investors should watch is the $2.85 adjusted figure and the operating income line ($40.8 billion), which is real and accelerating.
What Is Alphabet’s Operating Profitability?
Q2 2026 operating income was $40.770 billion on $119.796 billion revenue, for a 34.0% operating margin — up 2 percentage points from Q2 2025’s 32.4% (Alphabet Q2 2026 8-K, SEC EDGAR).
The segment breakdown reveals where the margin is coming from:
Segment operating income and margins, Q2 2026 (Axis Intelligence Research, from SEC EDGAR)
| Segment | Revenue | Operating Income | Margin |
|---|---|---|---|
| Google Services | $94.540B | $39.544B | 41.8% |
| Google Cloud | $24.768B | $8.814B | 35.6% |
| Other Bets | $0.382B | −$1.799B | n/m |
| Alphabet-level activities | — | −$5.789B | — |
| Total | $119.796B | $40.770B | 34.0% |
Source: Axis Intelligence Research calculation from Alphabet Q2 2026 8-K segment results, SEC EDGAR
The Google Cloud margin of 35.6% is the data point that matters most to investors tracking Alphabet’s diversification thesis. In Q2 2025, that margin was 20.7%. The 14.9-point expansion in a single year — on a base that nearly doubled in revenue — is the clearest evidence that Cloud’s scale is translating into genuine operating leverage, not just topline growth.
Sarah Davis notes: Thirty-six cents of operating income on every cloud dollar, at $24.8 billion quarterly revenue, annualizing above $99 billion. AWS margins at similar scale ran in the low-to-mid 30s. The question isn’t whether Cloud is profitable — it clearly is. The question is whether the $519.5 billion backlog conversion rate, the TPU-as-a-service initiative, and the Wiz security acquisition combine to push Cloud past $130 billion annually before 2028. That’s the base case in the bullish analyst deck; the math requires sustained 50%+ growth for six more quarters.
What Is Alphabet’s Free Cash Flow Situation?
Q2 2026 FCF was −$5.855 billion — negative for the first time in at least a decade (Axis Intelligence Research calculation from Alphabet Q2 2026 8-K cash flow statement, SEC EDGAR: operating cash flow $39.069 billion minus CapEx $44.924 billion).
This is not a distress signal. It is a deliberate capital allocation choice.
FCF trend by quarter (Alphabet SEC EDGAR filings)
| Quarter | Operating Cash Flow | CapEx | Free Cash Flow |
|---|---|---|---|
| Q3 2025 | $48.414B | $23.953B | +$24.461B |
| Q4 2025 | $52.402B | $27.851B | +$24.551B |
| Q1 2026 | $45.790B | $35.674B | +$10.116B |
| Q2 2026 | $39.069B | $44.924B | −$5.855B |
| TTM | $185.675B | $132.402B | +$53.273B |
Source: Alphabet Q2 2026 8-K free cash flow reconciliation table, SEC EDGAR
The TTM FCF of $53.273 billion remains positive and substantial. What the quarterly negative figure shows is that the rate of CapEx growth is now exceeding the growth in operating cash flow — a condition that will persist as long as the $195–205 billion 2026 CapEx program is underway. To fund it, Alphabet raised $49.6 billion in equity (common stock and mandatory convertible preferred) in June 2026 and issued $20.3 billion in new senior unsecured notes in Q2 alone, bringing long-term debt from $46.547 billion at year-end 2025 to $98.165 billion at June 30, 2026.
Sarah Davis notes: The equity raise is the decision no one has fully priced. Alphabet went from essentially zero dilutive issuance to $49.6 billion of new stock in a single quarter. That’s not a company that ran out of money — it’s a company that looked at a $519.5 billion cloud backlog, a $200 billion CapEx bill, and decided the IRR math favored equity capital over further leverage. The CFO’s calculus is defensible. The market’s 7% reaction on earnings day says investors are still working through it.
What Are Alphabet’s Key Valuation Metrics?
Alphabet valuation statistics, July 24, 2026 (StockAnalysis, S&P Global Market Intelligence)
| Metric | Value |
|---|---|
| Market cap (GOOGL) | ~$3.91T |
| Trailing P/E | 15.93× |
| Forward P/E | 23.85× |
| PEG ratio | 1.66 |
| EV/EBITDA | 21.90× |
| EV/FCF (TTM) | 71.20× |
| Return on equity (ROE) | 48.68% |
| Return on invested capital (ROIC) | 24.93% |
| Debt / equity | 0.19 |
| Current ratio | 2.72 |
| Beta | 1.25 |
| Annual dividend | $0.88/share (0.28% yield) |
| Analyst consensus | Strong Buy |
| Average price target | $428.12 (+33.9% upside) |
Source: StockAnalysis (S&P Global Market Intelligence), data as of July 24, 2026
The trailing P/E of 15.93× is distorted downward by the $99 billion Q2 equity gains inflating GAAP net income. On an adjusted basis — using the $53.273 billion TTM FCF — the EV/FCF multiple of 71.20× more accurately reflects what investors are paying for Alphabet’s cash-generating capacity. That is not cheap. It prices in sustained high-teen revenue growth and continued Cloud margin expansion for multiple years.
Alphabet Altman Z-Score: 9.56 (StockAnalysis, July 2026). An Altman Z-Score above 2.99 indicates low distress probability; at 9.56, Alphabet sits among the most financially stable large caps globally.
Axis Intelligence Research: Alphabet Stock Intensity Index (ASII)
No single metric captures Alphabet’s investor value proposition cleanly. The P/E is distorted by unrealized equity gains. FCF is temporarily negative due to deliberate investment. Buyback yield is zero while equity is being issued. Axis Intelligence Research constructed the Alphabet Stock Intensity Index (ASII) to synthesize the three dimensions that matter most to fundamental investors across a full cycle: operational efficiency, cash generation, and capital return.
Formula: ASII = (TTM Operating Margin % × 0.40) + (TTM FCF Margin % × 0.35) + (TTM Buyback Yield % × 0.25)
Rationale for weights: Operating margin (40%) reflects core business health and pricing power, the most durable signal. FCF margin (35%) reflects cash actually generated after running the business — the investor’s primary return source over time. Buyback yield (25%) reflects management’s capital allocation signal; a suspended buyback at current CapEx levels is a deliberate choice, not a sign of weakness, but it still reduces the return to shareholders in the near term.
According to Axis Intelligence Research, the ASII declined from an estimated 19.65 (FY2025) to 17.53 (Q2 2026), driven by buyback suspension and FCF compression — not by deteriorating operating performance.
ASII readings (Axis Intelligence Research, from Alphabet SEC EDGAR primary filings)
| Period | OI Margin TTM | FCF Margin TTM | Buyback Yield TTM | ASII |
|---|---|---|---|---|
| FY2025 (baseline, approx) | 32.0% | 18.2% | ~1.9% | ~19.65 |
| Q2 2026 | 33.1% | 11.95% | 0.44% | 17.53 |
Inputs for Q2 2026 ASII:
- TTM operating income: $147.567 billion (Q3 2025 + Q4 2025 + Q1 2026 + Q2 2026, SEC EDGAR)
- TTM revenue: $445.866 billion (same four quarters, SEC EDGAR)
- TTM FCF: $53.273 billion (Alphabet Q2 2026 8-K free cash flow table, SEC EDGAR)
- TTM buybacks: $17.403 billion (Q3 2025 ~$8.7B + Q4 2025 ~$8.7B + Q1 2026 $0 + Q2 2026 $0; H1 2026 buybacks confirmed zero from Q2 2026 cash flow statement, SEC EDGAR)
- Market cap: ~$3.91 trillion (12.23B shares × ~$320, July 24, 2026)
Trend interpretation: The ASII declined from an estimated 19.65 (FY2025) to 17.53 (Q2 2026). The driver is not deteriorating profitability — operating margin is actually expanding. The driver is the deliberate FCF compression (CapEx exceeding operating cash flow in Q2) and buyback suspension. The ASII will recover when either CapEx plateaus or operating cash flow re-accelerates past the investment rate. At current Cloud growth trajectories and backlog conversion, the model suggests recovery begins in 2027 if the $519.5 billion backlog converts at the rate management implies.
Limitation: ASII uses TTM data and is a backward-looking index. It does not predict stock price direction. The FY2025 baseline uses an approximate year-end market cap and should be treated as directional rather than precise until Alphabet’s full-year 2025 share price data is verified against a primary market data source. This is the baseline reading of this index — July 26, 2026.
What Is Alphabet’s Capital Expenditure Trajectory?
CapEx is the central debate in Alphabet’s investment case. The company has raised its FY2026 guidance twice:
- Original FY2026 guidance (February 2026): $175–185 billion
- Q1 2026 revision (April 29, 2026): $180–190 billion
- Q2 2026 revision (July 22, 2026): $195–205 billion
According to Axis Intelligence Research’s analysis of Alphabet’s SEC cash flow statements, H1 2026 actual CapEx was $80.598 billion ($35.674 billion in Q1 + $44.924 billion in Q2). That implies H2 2026 CapEx of approximately $119 billion to hit the $200 billion guidance midpoint — roughly $59.5 billion per quarter in H2, substantially above Q2’s already-record $44.9 billion.
CapEx trajectory (Alphabet SEC EDGAR filings)
| Period | CapEx | YoY Change |
|---|---|---|
| FY2023 | ~$32.3B | +2% |
| FY2024 | $52.535B | +63% |
| FY2025 | $91.447B | +74% |
| H1 2026 (actual) | $80.598B | — |
| FY2026 (guidance midpoint) | $200B | +119% |
Source: Alphabet SEC EDGAR quarterly and annual 8-K filings; FY2026 guidance from Q2 2026 earnings call
The $200 billion figure exceeds the GDP of Portugal ($255 billion, IMF 2025) and represents capital that will be deployed primarily into data center construction, server procurement, TPU chips, and networking for Google Cloud and AI infrastructure. CFO Anat Ashkenazi confirmed at the Q1 2026 earnings call that 2027 CapEx is expected to “significantly increase” beyond 2026 levels.
What Is Alphabet’s Balance Sheet Strength?
As of June 30, 2026 (Alphabet Q2 2026 10-Q, SEC EDGAR):
Alphabet balance sheet summary, Q2 2026
| Item | Value |
|---|---|
| Cash & equivalents | $55.911B |
| Marketable securities | $186.563B |
| Total cash + marketable securities | $242.474B |
| Non-marketable securities (equity stakes) | $131.461B |
| Property & equipment, net | $321.212B |
| Goodwill | $57.828B |
| Total assets | $921.983B |
| Long-term debt | $98.165B |
| Total stockholders’ equity | $640.480B |
Source: Alphabet Q2 2026 10-Q, SEC EDGAR
According to Axis Intelligence Research’s analysis of the Q2 2026 balance sheet, the jump in cash ($126.843 billion at year-end 2025 to $242.474 billion at June 30, 2026) reflects the equity raise and new debt issuance, partially offset by CapEx spending and the Wiz acquisition. Non-marketable securities doubled from $68.687 billion to $131.461 billion — that is Alphabet’s portfolio of private equity stakes being marked up following SpaceX’s reported valuation events and other portfolio company revaluations. Those are the unrealized gains driving the $99 billion Q2 OI&E line.
The debt/equity ratio of 0.15 (long-term debt $98.165 billion / equity $640.480 billion) remains conservative for a company of this scale. By comparison, Microsoft’s debt/equity runs near 0.35–0.45. Alphabet is still a net cash company when cash and marketable securities ($242.474 billion) are set against total debt ($98.165 billion long-term + current liabilities).
What Are Alphabet’s Dividends and Buybacks?
Dividends: Alphabet initiated its first quarterly dividend in Q1 2024. The current quarterly dividend is $0.22 per share on Class A, B, and C common stock — an annual rate of $0.88 per share — with a dividend yield of approximately 0.28% at the July 2026 stock price (StockAnalysis). In Q2 2026, Alphabet also introduced mandatory convertible preferred stock (Series A and Series B), carrying a 6.25% dividend, with quarterly payments of $12.15 per share payable August 15, 2026 (Alphabet Q2 2026 8-K, SEC EDGAR).
Buybacks: Alphabet repurchased $45.709 billion of its own stock in FY2025 (FinanceCharts, citing SEC filings). Buybacks were suspended entirely in H1 2026 — the cash flow statement shows $0 in repurchases for both Q1 and Q2 2026 (Alphabet Q1 and Q2 2026 8-K cash flow statements, SEC EDGAR). Management has not announced the resumption of buybacks. The suspension is directly linked to the equity capital raise ($49.6 billion issued in Q2 2026) and the scale of CapEx commitments.
Sarah Davis notes: Suspending a $45 billion annual buyback program while simultaneously issuing $49 billion in new equity is not a capital allocation contradiction — it’s a sign Alphabet’s board calculated that funding AI infrastructure at cost beats buying back stock at $320-400. Whether that math proves correct will show up in Cloud revenue and margin over 2027-2028. What it does to the ASII in the near term is compress the capital return component to near zero.
How Does Alphabet Compare to Other Magnificent 7 Companies?
Key investor metrics comparison — Magnificent 7, TTM basis (mixed sources, July 2026)
| Company | TTM Revenue | TTM Op. Margin | P/E (trailing) | ROE |
|---|---|---|---|---|
| Alphabet (GOOGL) | $445.9B | 33.1% | 15.93× | 48.68% |
| Microsoft (MSFT) | ~$280B | ~45% | ~35× | ~35% |
| Apple (AAPL) | ~$395B | ~31% | ~32× | ~160%+ |
| Amazon (AMZN) | ~$640B | ~10% | ~50× | ~20% |
| Meta (META) | ~$170B | ~42% | ~27× | ~38% |
| Nvidia (NVDA) | ~$160B | ~62% | ~45× | ~120%+ |
Source: Axis Intelligence Research cross-reference of company filings and StockAnalysis data, July 2026. Non-Alphabet figures are approximate and from mixed reporting dates. This table is for directional context only; figures are not directly comparable without normalizing for fiscal year differences, share class structures, and accounting choices.
Alphabet’s trailing P/E of 15.93× is the lowest in the Magnificent 7 — not because earnings are low but because GAAP net income is inflated by equity gains, paradoxically producing the appearance of a low multiple. On a price-to-operating-income basis, the picture looks more expensive. Alphabet’s ROE of 48.68% is strong, though heavily influenced by the equity gains running through retained earnings. ROIC of 24.93% is the cleaner return metric — it measures how efficiently Alphabet deploys its total invested capital, and at 25%, it compares favorably to the broader S&P 500 median of roughly 12%.
Alphabet Stock Performance in 2026
Per MacroTrends (data sourced from public market records):
- 52-week high: $402.38 (May 13, 2026)
- 52-week low: $188.70 (within the 52-week window through July 2026)
- July 24, 2026 close: $319.74 (GOOGL)
- 52-week return: +68.1%
The stock hit its all-time intraday high in May 2026 on momentum from Q1 2026 earnings and market enthusiasm about Cloud’s 63% growth. It sold off following Q2 2026 earnings (−7.1% on July 23) when the raised CapEx guidance of $195–205 billion — plus CFO guidance that 2027 CapEx would “significantly increase” further — triggered concern about FCF compression duration. At $319.74, GOOGL was trading approximately 21% below its May 2026 peak.
Analyst consensus as of July 24, 2026 is “Strong Buy” with an average price target of $428.12 per share (+33.9% implied upside), per StockAnalysis (S&P Global Market Intelligence).
The beta of 1.25 means Alphabet moves roughly 25% more than the broader S&P 500 in either direction. In a broad market rally, GOOGL tends to amplify; in a broad selloff, it amplifies that too.
Methodology
Financial data sources: All Alphabet-specific revenue, operating income, cash flow, balance sheet, and employee figures are drawn from primary SEC EDGAR filings fetched during this production session: Alphabet Q2 2026 8-K Exhibit 99.1 (filed July 22, 2026) and the Q2 2026 10-Q. FY2025 figures reference the Q4 2025 8-K (filed February 4, 2026). No secondary aggregator substitutes for a primary filing where a primary filing exists.
Market data: Closing stock prices, P/E, ROE, ROIC, PEG, EV/EBITDA, EV/FCF, beta, short interest, shares outstanding, dividend yield, and analyst targets sourced from StockAnalysis (S&P Global Market Intelligence), data as of July 24, 2026. These are secondary sources; Axis Intelligence Research cannot directly verify intraday pricing or real-time derived ratios. For live valuation data, see Alphabet’s investor relations page.
Axis Intelligence Research ASII: Formula, inputs, weights, and limitations fully disclosed in the ASII section. The FY2025 baseline uses an approximate year-end market cap of $2.4 trillion (12.088 billion shares × $200 estimated year-end price) and should be treated as directional. Q2 2026 ASII uses the July 24, 2026 approximate price of $320.
TTM calculations: Axis Intelligence Research summed the four most recent quarterly 8-K filings (Q3 2025, Q4 2025, Q1 2026, Q2 2026) for all TTM figures, since Alphabet does not publish a standalone TTM statement. This methodology is consistent with standard investor practice and is fully replicable from public filings.
Magnificent 7 comparison: Non-Alphabet figures are approximate and for directional context only. They are not Axis Intelligence Research primary calculations and should not be cited as precise comparative statistics.
Limitations: Stock prices and valuation ratios change continuously. This article reflects data as of July 24–26, 2026. The ASII is a backward-looking index and does not constitute investment advice or a prediction of stock price direction. See our editorial policy.
About This Dataset
This dataset covers Alphabet’s investor statistics from Q3 2025 through Q2 2026 (TTM basis), including segment financials, cash flow, balance sheet, and the Axis Intelligence Research ASII metric. Primary sources are Alphabet SEC EDGAR 8-K and 10-Q filings. Market valuation data is from StockAnalysis (S&P Global Market Intelligence), July 2026.
License: CC BY 4.0. You may use, share, and adapt with attribution: Axis Intelligence Research, “Alphabet Stock Statistics 2026,” axis-intelligence.com/alphabet-stock-statistics/.
Citation:
- APA: Axis Intelligence Research. (2026, July 26). Alphabet stock statistics 2026: Market cap, EPS, valuation & investor data. Axis Intelligence Research. https://axis-intelligence.com/alphabet-stock-statistics/
- MLA: Axis Intelligence Research. “Alphabet Stock Statistics 2026: Market Cap, EPS, Valuation & Investor Data.” Axis Intelligence Research, 26 July 2026, axis-intelligence.com/alphabet-stock-statistics/.
- Chicago: Axis Intelligence Research. “Alphabet Stock Statistics 2026: Market Cap, EPS, Valuation & Investor Data.” Axis Intelligence Research, July 26, 2026. https://axis-intelligence.com/alphabet-stock-statistics/.
Frequently Asked Questions
What is Alphabet’s current market cap?
As of July 24, 2026, Alphabet’s market cap was approximately $3.91 trillion (GOOGL class, StockAnalysis / S&P Global Market Intelligence). The all-time intraday high was approximately $4.86 trillion, reached on May 8, 2026. Alphabet has approximately 12.23 billion total shares outstanding across all classes.
What is Alphabet’s stock price in 2026?
GOOGL (Class A) closed at $319.74 on July 24, 2026 (MacroTrends). The 52-week range runs from $188.70 to $402.38. The stock gained 68.1% over the prior 52 weeks but fell 7.1% on Q2 2026 earnings day (July 23) as investors reacted to the raised CapEx guidance of $195–205 billion.
What is Alphabet’s P/E ratio?
The trailing P/E is 15.93× as of July 24, 2026 (StockAnalysis). This is distorted downward by the $99 billion in unrealized equity gains booked in Q2 2026, which inflated GAAP net income. The forward P/E is 23.85×, based on analyst consensus estimates. The EV/FCF ratio of 71.20× on TTM free cash flow is a more relevant cash-based valuation metric given the distortion.
What is Alphabet’s EPS?
GAAP diluted EPS was $9.11 in Q2 2026 and $5.11 in Q1 2026 (Alphabet 8-K filings, SEC EDGAR). Both figures include large unrealized equity gains. Adjusted diluted EPS (excluding equity security gains) was approximately $2.85 in Q2 2026 and $2.76 in Q1 2026 — the numbers used by analyst consensus.
Does Alphabet pay a dividend?
Yes. Alphabet pays a quarterly cash dividend of $0.22 per share on Class A, B, and C common stock — $0.88 annually — with a yield of approximately 0.28% at July 2026 prices (StockAnalysis). The dividend was initiated in Q1 2024. In Q2 2026, Alphabet also issued mandatory convertible preferred stock with a 6.25% annual dividend, per the Q2 2026 8-K (SEC EDGAR).
Is Alphabet buying back its stock in 2026?
No. Alphabet suspended share repurchases in H1 2026 — the cash flow statement shows $0 in buybacks for both Q1 and Q2 2026 (SEC EDGAR). FY2025 buybacks totaled $45.709 billion. The suspension is linked to the $200 billion CapEx program and the June 2026 equity raise of $49.6 billion.
What is Alphabet’s free cash flow in 2026?
Q2 2026 FCF was negative at −$5.855 billion, the first negative quarterly FCF in at least a decade, as CapEx of $44.924 billion exceeded operating cash flow of $39.069 billion (Alphabet Q2 2026 8-K, SEC EDGAR). TTM FCF (Q3 2025 through Q2 2026) remains positive at $53.273 billion. The negative quarter reflects deliberate AI infrastructure investment, funded by the equity raise.
What is Alphabet’s ROE?
Return on equity was 48.68% (StockAnalysis, July 2026). Return on invested capital (ROIC) was 24.93%. These figures are elevated partly by the equity gains inflating net income in the trailing period.
What is Alphabet’s debt level?
Long-term debt was $98.165 billion as of June 30, 2026, up from $46.547 billion at year-end 2025, following $20.3 billion in new senior unsecured notes issued in Q2 2026 and $31.1 billion issued in Q1 2026 (Alphabet quarterly 8-K filings, SEC EDGAR). The debt/equity ratio remains low at 0.15. Cash and marketable securities of $242.474 billion substantially exceed total long-term debt.
What is the Alphabet Stock Intensity Index?
The ASII is an Axis Intelligence Research original metric combining three dimensions: TTM operating margin (weight: 40%), TTM FCF margin (35%), and TTM buyback yield (25%). The Q2 2026 baseline reading is 17.53, down from an estimated 19.65 in FY2025, reflecting buyback suspension and FCF compression from surging CapEx. Full formula and inputs are disclosed in the ASII section above.