GOOGL
Alphabet Inc.
GOOGL has the edge over THRY overall, supported by stronger fundamentals and lower modeled downside.
THRY
Thryv Holdings, Inc.
THRY trails on the overall score without a compensating advantage in the available component scores.
GOOGL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Under pressure | |
| Healthy |
GOOGL's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
THRY Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Stable | |
| Under pressure |
THRY's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.
GOOGL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $299 | — |
| Cheap | 20x | $378 | +27% |
| Forward | 22x | $299 | — |
| Fair | 26x | $497 | +66% |
| Expensive | 31x | $586 | +96% |
Historical ranges are pointers, not guarantees.
GOOGL's PE is in its cheap range at 16x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 22x.
THRY PE Valuation
THRY has no meaningful PE right now: it lost money over the past year.
GOOGL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Moderate | |
| Moderate |
GOOGL has the edge over THRY on the outlook, with more favorable earnings and revenue expectations.
THRY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect THRY's losses to grow, with revenue declining.
GOOGL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.89 | -28% |
| Q3 2026 | $19.16 | +89% |
| Q2 2026 | $19.91 | +112% |
| Q1 2026 | $13.11 | +46% |
| Q4 2025 | $10.81 | +34% |
| Q3 2025 | $10.13 | +34% |
| Q2 2025 | $9.38 | +35% |
| Q1 2025 | $8.96 | +37% |
| Q4 2024 | $8.04 | +39% |
GOOGL has the edge over THRY on earnings quality, reporting a profit while its opponent remains loss making.
THRY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.81 | -662% |
| Q2 2026 | -$0.36 | +$1.92 |
| Q1 2026 | $0.33 | +$2.77 |
| Q4 2025 | $0.01 | +$2.01 |
| Q3 2025 | $0.50 | +$10.15 |
| Q2 2025 | -$2.28 | +$5.50 |
| Q1 2025 | -$2.44 | +$5.06 |
| Q4 2024 | -$2.00 | +$5.47 |
THRY has swung to a loss: it lost $2.81 per share over the past year, after a profit the year before.
GOOGL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $127.6B | +25% |
| Q2 2026 | $119.8B | +24% |
| Q1 2026 | $109.9B | +22% |
| Q4 2025 | $113.8B | +18% |
| Q3 2025 | $102.3B | +16% |
| Q2 2025 | $96.4B | +14% |
| Q1 2025 | $90.2B | +12% |
| Q4 2024 | $96.5B | +12% |
GOOGL has the edge over THRY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | +1.3 points |
| Q2 2026 | 34% | +1.6 points |
| Q1 2026 | 36% | +2.2 points |
| Q4 2025 | 32% | -0.5 points |
| Q3 2025 | 31% | -1.8 points |
| Q2 2025 | 32% | +0.1 points |
| Q1 2025 | 34% | +2.3 points |
| Q4 2024 | 32% | +4.6 points |
GOOGL has the edge over THRY on profitability, with a higher operating margin.
THRY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $118.9M | -41% |
| Q2 2026 | $150.7M | -28% |
| Q1 2026 | $167.7M | -7.5% |
| Q4 2025 | $191.6M | +2.7% |
| Q3 2025 | $201.6M | +12% |
| Q2 2025 | $210.5M | -6.1% |
| Q1 2025 | $181.4M | -22% |
| Q4 2024 | $186.6M | -21% |
THRY's revenue has slid since its 2020 peak: $119M last quarter, down 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -93% | -103 points |
| Q2 2026 | -0.8% | -15 points |
| Q1 2026 | 2.4% | +4.1 points |
| Q4 2025 | 5.3% | +9.2 points |
| Q3 2025 | 9.9% | +59 points |
| Q2 2025 | 14% | +0.1 points |
| Q1 2025 | -1.7% | -15 points |
| Q4 2024 | -3.9% | +99 points |
THRY's operating margin was −93% last quarter, down 103 points from the same quarter a year ago, near the bottom of its range since 2019.
GOOGL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$9.1B | -137% |
| Q2 2026 | -$5.9B | -210% |
| Q1 2026 | $10.1B | -47% |
| Q4 2025 | $24.6B | -1.2% |
| Q3 2025 | $24.5B | +39% |
| Q2 2025 | $5.3B | -61% |
| Q1 2025 | $19B | +13% |
| Q4 2024 | $24.8B | +215% |
GOOGL has the edge over THRY on cash flow, with more consistent year-over-year improvement.
THRY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.7M | -68% |
| Q2 2026 | $16.7M | -23% |
| Q1 2026 | -$5.5M | +$12.1M |
| Q4 2025 | $12.3M | -29% |
| Q3 2025 | $14.6M | -47% |
| Q2 2025 | $21.8M | +64% |
| Q1 2025 | -$17.6M | -$15.7M |
| Q4 2024 | $17.3M | -49% |
THRY still generates free cash flow, though less than at its 2019 peak: $28M over the past year.
GOOGL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +59M shares |
| 1 year | +1.4% | +165M shares |
| 3 years | -1.2% | -148M shares |
| 5 years | -6.8% | -907M shares |
| Available history | -10% | -1.4B shares |
GOOGL has 12.4B diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $5.5B |
| Q3 2025 | $11.5B |
| Q2 2025 | $13.6B |
| Q1 2025 | $15.1B |
| Q4 2024 | $15.6B |
GOOGL spent $5.5B buying back its own shares over the past year, down 90% from the year before.
THRY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +80K shares |
| 1 year | 0% | -20.9K shares |
| 3 years | +28% | +9.6M shares |
| 5 years | +18% | +6.8M shares |
| Available history | +27% | +9.4M shares |
THRY has the edge over GOOGL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | $5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
GOOGL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
GOOGL has the edge over THRY on leverage, with a lower net debt burden relative to earnings.
THRY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q4 2024 | 13.8x | High |
| Q3 2023 | 8.2x | High |
| Q2 2023 | 4.1x | High |
| Q1 2023 | 2.7x | Moderate |
THRY's net debt is about 3.3 years of its operating earnings (EBITDA), down from 14 years a year ago.
GOOGL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 11.7 | Oversold |
GOOGL's weekly RSI is 40 (neutral) and its Stochastic is 12 (oversold).
THRY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.7 | Oversold |
| Stochastic | 4.1 | Oversold |
THRY's weekly RSI is 26 (oversold) and its Stochastic is 4 (oversold).
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL is trading at 16x earnings, in line with the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
THRY PE vs Communication Services Sector
| Metric | THRY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
THRY has no meaningful PE right now: it lost money over the past year.
GOOGL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $320.4 | 6.8% below |
| 20 week MA | $336.1 | 11% below |
| 50 week MA | $334.5 | 11% below |
| 100 week MA | $267.8 | 12% above |
| 200 week MA | $204.7 | 46% above |
GOOGL has the edge over THRY on trend strength, trading above more of its moving averages.
THRY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.32 | 26% below |
| 20 week MA | $2.25 | 56% below |
| 50 week MA | $3.33 | 71% below |
| 100 week MA | $8.17 | 88% below |
| 200 week MA | $14.3 | 93% below |
THRY is in a downtrend: it's below all five of its weekly moving averages, and 93% below its 200-week average.
GOOGL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $67.7 | $86.7 | +28% |
| 2021 | $86.7 | $146.9 | +69% |
| 2022 | $146.9 | $89.2 | -39% |
| 2023 | $89.2 | $139.7 | +57% |
| 2024 | $139.7 | $192.8 | +38% |
| 2025 | $192.8 | $313.5 | +63% |
| 2026 YTD | $313.5 | $298.7 | -4.7% |
GOOGL has the edge over THRY on returns for 2026, with the stronger performance.
THRY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.7 | $11.5 | +7.8% |
| 2021 | $11.5 | $39.7 | +246% |
| 2022 | $39.7 | $18.6 | -53% |
| 2023 | $18.6 | $20.4 | +9.7% |
| 2024 | $20.4 | $14.8 | -27% |
| 2025 | $14.8 | $6.10 | -59% |
| 2026 YTD | $6.10 | $0.98 | -84% |
THRY's yearly returns have swung widely, from +246% in 2021 to −59% in 2025. It's down 84% so far in 2026.