MetaCap

Alphabet (GOOGL) vs Spotify Technology S.A. (SPOT)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Alphabet (GOOGL) has outperformed Spotify Technology S.A. (SPOT) over the past year, gaining 41.5% versus a loss of 24.6%. Over five years, GOOGL leads with a +146.0% price change compared with +107.3% for SPOT. Alphabet is the larger company by market cap ($4.29 trillion vs $105.45 billion), about 40.7 times the size.

On valuation, Alphabet trades at a lower forward P/E (23.3x vs 29.7x for Spotify Technology S.A.). Alphabet pays a dividend yielding 0.24%, while Spotify Technology S.A. does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

GOOGL+38.90%SPOT-24.62%
+66%+11%-44%
Oct 6, 20251 yearOct 7, 2026
GOOGL+148.83%SPOT+120.21%
+247%+81%-85%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

GOOGL versus SPOT key metrics
MetricGOOGLSPOT
Share price$350.50$512.92
Market cap$4.29T$105.45B
1-day change+0.81%+5.08%
YTD return+11.13%-11.69%
1-year return+41.53%-24.63%
5-year return+146.05%+107.28%
P/E ratio (TTM)17.5929.48
Forward P/E23.2629.71
EPS (TTM)$19.93$17.40
Dividend yield0.24%0.00%
Annual dividend$0.85$0.00
Revenue (latest FY)$402.84B—
Revenue growth (YoY)+15.09%—
Net income (latest FY)$132.17B—
Gross margin59.65%—
Operating margin32.03%—
Net margin32.81%—
52-week high$408.61$700.12
52-week low$235.84$405.00
Distance from 52-week high-14.22%-26.74%
Analyst consensusstrong_buybuy
Avg. price target upside+22.53%+15.84%
Average volume27.01M1.66M
Shares outstanding5.87B205.58M
Employees198,9337,000
SectorCommunication ServicesCommunication Services
IndustryInternet Content & InformationInternet Content & Information

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Alphabet is about 40.7 times larger than Spotify Technology S.A. by market value ($4.29T vs $105.45B).
  • GOOGL has outperformed SPOT by 66.2 percentage points over the past year.
  • Spotify Technology S.A. trades at a higher earnings multiple (29.5x vs 17.6x trailing P/E).

About Alphabet

GOOGL stock →

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Communication Services · Internet Content & Information · 198,933 employees

About Spotify Technology S.A.

SPOT stock →

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported.

Communication Services · Internet Content & Information · 7,000 employees

GOOGL vs SPOT FAQ

Which is bigger, Alphabet or Spotify Technology S.A.?

Alphabet (GOOGL) is larger, with a market capitalization of $4.29T compared with $105.45B for Spotify Technology S.A. (SPOT).

Which stock has performed better over the past year, GOOGL or SPOT?

GOOGL returned +41.53% over the past 12 months, compared with -24.63% for SPOT (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, GOOGL or SPOT?

GOOGL has the lower trailing P/E at 17.6, versus 29.5 for SPOT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Alphabet or Spotify Technology S.A.?

Alphabet pays a dividend yielding 0.24%, while Spotify Technology S.A. does not currently pay a regular dividend.

Are Alphabet and Spotify Technology S.A. in the same industry?

Yes. Both are classified in the Internet Content & Information industry within the Communication Services sector.

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