Why did Alphabet Inc. Class C (GOOG) stock move recently?

On 7/23/2026, Alphabet Inc. Class C moved -6.9% — Alphabet fell after reporting Q2 results that beat on revenue and showed strong Google Cloud growth, as investors focused on raised full-year capex guidance to $195-205B (from prior $180-190B) amid AI spending concerns and a slight search revenue miss. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Alphabet Inc. Class C (GOOG) overvalued or fairly valued?

MarketChacha shows Alphabet Inc. Class C's valuation in context — a trailing P/E of about 18.3, a forward P/E of about 24.2, a price-to-book of about 7.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Alphabet Inc. Class C's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.28×) from reported figures — education, not a rating.

What is Alphabet Inc. Class C's revenue?

Alphabet Inc. Class C reported revenue of $402.8B for FY2025, with net profit of $132.2B, per official filings.

What is the share price of Alphabet Inc. Class C (GOOG)?

Alphabet Inc. Class C last traded at $355.84 (+0.7% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Alphabet Inc. Class C

GOOG · NASDAQ · Communication Services · United States

Snapshot

TickerGOOG

ExchangeNASDAQ

SectorCommunication Services

IndustryInternet Content & Information

CountryUnited States

Employees198,933

HeadquartersMountain View, United States

Websiteabc.xyz

Filings tracked11

About Alphabet Inc. Class C

Alphabet Inc. offers 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 provides products and services, including ads, Android, Chrome, devices, 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 Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.

Who owns it

Insiders6.6%
Institutions60.6%
Public & other32.8%

6,346 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.6.69%
Vanguard Capital Management LLC5.47%
State Street Corporation3.45%
JPMORGAN CHASE & CO2.17%
Geode Capital Management, LLC2.02%
FMR, LLC1.96%
Vanguard Portfolio Management LLC1.39%
Morgan Stanley1.30%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.28×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend24.0% → 32.8%

Margin has expanded by about 8.8 points — the business is getting more profitable.

Return on equity31.8%

Latest ROE of 31.8% — capital is generating a healthy return.

Growth qualityrev 14% · PAT 34%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $141.0B · EPS 3.33

Est. earnings growth +18.1%

Next fiscal year

Rev $606.6B · EPS 14.73

Est. earnings growth -28.4%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$402.8B

Net margin

32.8%

ROE

31.8%

Revenue CAGR (2y)

+14.5%

Profit CAGR (2y)

+33.8%

EPS (FY2025)

10.81

Net profit (FY2025)

$132.2B

Ask MarketChacha about GOOG

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 23, 2026
Alphabet fell after reporting Q2 results that beat on revenue and showed strong Google Cloud growth, as investors focused on raised full-year capex guidance to $195-205B (from prior $180-190B) amid AI spending concerns and a slight search revenue miss.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$402.8B	$132.2B	10.81	32.8%	31.8%
FY2024	$350.0B	$100.1B	8.04	28.6%	30.8%
FY2023	$307.4B	$73.8B	5.80	24.0%	26.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$119.8B	$112.2B*	9.11	—
2026Q1	$109.9B	$62.6B	5.11	56.9%
2025Q3	$102.3B	$35.0B	2.87	34.2%
2025Q2	$96.4B	$28.2B	2.31	29.2%
2025Q1	$90.2B	$34.5B	2.81	38.3%
2024Q3	$88.3B	$26.3B	2.12	29.8%
2024Q2	$84.7B	$23.6B	1.89	27.9%
2024Q1	$80.5B	$23.7B	1.89	29.4%
2023Q3	$76.7B	$19.7B	1.55	25.7%
2023Q2	$74.6B	$18.4B	1.44	24.6%
2023Q1	$69.8B	$15.1B	1.17	21.6%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC8/10/2026material
10-Q filing
SEC7/23/2026
8-K — Results of operations, Exhibits
SEC7/22/2026material
8-K — Other events, Exhibits
SEC2/13/2026material
10-K filing
SEC2/5/2026
8-K — Results of operations, Exhibits
SEC2/4/2026material

2025

8-K — Other events, Exhibits
SEC11/6/2025material
10-Q filing
SEC10/30/2025
8-K — Results of operations, Exhibits
SEC10/29/2025material
8-K — Other events
SEC9/5/2025material
8-K — Other events
SEC9/3/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.