Alphabet Inc. (GOOGL) Stock

Alphabet Inc. (GOOGL) is a Technology stock trading at $346.84 (as of 2026-07-17), with a market capitalization of $4.20T and a trailing P/E of 26.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.

Understand Alphabet Inc.: how it makes money

Alphabet provides internet and software products and platforms like Search, YouTube, Android, Chrome, and Google Cloud, and it makes money by selling advertising and digital content and by providing cloud services to customers.

Alphabet’s profit engine is Google Services, where monetization is driven by ads and platform activity across Search and YouTube, with Google Cloud as a second growth lever.

Revenue by segment (latest quarter)
Search$60.4B
YouTube Ads$9.9B
Network$7.0B
Cloud$20.0B
Subscriptions/Devices$12.4B

Business quality (Strong): Segment reporting is clear (Google Services, Google Cloud, Other Bets), and the most directly trackable operating drivers are the Services and Cloud revenue lines.

Valuation: Trades at 28× trailing earnings · $4.46T market cap.

Bull case

  • Monetization is concentrated in a large, scalable segment: In the latest quarter, Google Services generated 89.64B of revenue, far larger than Google Cloud (20.03B) and Other Bets (0.41B).
  • Cloud is a meaningful, reportable growth driver: Google Cloud contributed 20.03B of revenue, making it the other key revenue stream besides Google Services.

Bear case

  • High dependence on Google Services revenue: Because Google Services is the largest revenue contributor, any slowdown or monetization pressure in Search or YouTube-related activity could weigh on overall results.
  • Other Bets are small and may not offset issues elsewhere: Other Bets contributed only 0.41B of revenue in the latest quarter, so it is unlikely to meaningfully counterbalance changes in the Google Services or Google Cloud revenue streams.
Valuation — source: SEC EDGAR (first-party)
Price$346.84
Market Cap$4.20T
P/E Ratio26.2
EV / EBITDA26.3
Price / Book8.78
Price / Sales9.95
FCF Yield1.5%
DCF Value (model)$216.56
DCF Upside vs Price-37.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$402.84B
Net Margin32.8%
Revenue Growth (YoY)21.8%
EPS Growth (YoY)82.0%
FCF Growth (YoY)-46.6%
Financial Health — source: SEC EDGAR
Altman Z-Score16.34 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E26.2
Sector P/E (Technology)34.7
Industry P/E (Business Services)30.7
vs Sector-24.4%
vs Industry-14.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)51
Top Institutional HolderVANGUARD GROUP INC ($165.57B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryBusiness Services
CEOSundar Pichai
Employees185,719
CountryUS
IPO Date2004-08-19

Related Companies (Business model: Ad-Supported Digital Media / Social + Cloud Infrastructure Platform / Consumption-Priced IaaS and PaaS + Services Ecosystem / Platform Take-Rate; 8 closest by market cap; US-domiciled)

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GOOGL earnings history · GOOGL institutional & insider holders · GOOGL KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.