Alphabet

Quarterly revenue

113.8$B

Trend YoY growth is +17.3%, accelerating by 3.5 pp/year over the last 3Y. Latest: +18.0%, 67 bps above trend, a 0.3σ deviation. The latest YoY reading is boosted by 2.0 pp due to an easy comparison base from Oct 1.

Level

YoY %

y = 7.6% + 3.5 pp/yr · t

Deviation from trend

Forecast

Projected value by forecast vintage ($B)

Projected value ($B)

Forecast made inQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27MAPE
Q1 '2590.2394.1797.39105.798.10104.1109.7121.0103.534%
Q2 '2596.4399.09107.9100.6107.2113.4125.7110.728%
Q3 '25102.3112.8106.8115.6124.1139.7132.76%
Q4 '25113.8108.3117.6126.9143.4138.6
Q1 '26108.3117.6126.9143.4138.6

YoY change forecast

Forecast made inQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27MAPE
Q1 '25+12.0%+11.1%+10.3%+9.5%+8.7%+7.9%+7.1%+6.3%+5.5%34%
Q2 '25+13.8%+12.3%+11.9%+11.5%+11.1%+10.8%+10.4%+10.0%28%
Q3 '25+15.9%+17.0%+18.4%+19.8%+21.3%+22.7%+24.2%6%
Q4 '25+18.0%+20.0%+22.0%+24.0%+26.0%+28.0%
Q1 '26+20.0%+22.0%+24.0%+26.0%+28.0%