Financial statements

Alphabet Inc.

GOOGL

The tables show figures Alphabet Inc. filed with the SEC, in the currency it filed in (USD). A † marks totals or quarters calculated from filed lines. Nothing here is a forecast. By fiscal year · By quarter · What moved

Latest annual figures

Alphabet Inc.: annual revenue and profit

Alphabet Inc. reported annual revenue of $402.8bn (USD) for the fiscal year ending 31 Dec 2025.

Alphabet Inc. reported annual net income of $132.2bn (USD) for the fiscal year ending 31 Dec 2025.

These are annual figures. The company report's headline twelve-month figures use an available twelve-month window from the filings and are missing when none can be calculated.

Read the GOOGL company report · Browse GOOGL filings on SEC EDGAR

By fiscal year

Fiscal year	Over the period	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
What it earned
RevenueWhat it sold, before any costs	+346%	$402.8bn	$350.0bn	$307.4bn	$282.8bn	$257.6bn	$182.5bn	$161.9bn	$136.8bn	$110.9bn	$90.3bn
Research & developmentSpent on developing products	+338%	$61.1bn	$49.3bn	$45.4bn	$39.5bn	$31.6bn	$27.6bn	$26.0bn	$21.4bn	$16.6bn	$13.9bn
Restructuring chargesOne-off costs of closing or reorganising		—	—	$3.9bn	—	—	—	—	—	—	—
Operating profitProfit from the business itself	+444%	$129.0bn	$112.4bn	$84.3bn	$74.8bn	$78.7bn	$41.2bn	$34.2bn	$26.3bn	$26.1bn	$23.7bn
InterestPaid to lenders	+494%	$736.0m	$268.0m	$308.0m	$357.0m	$346.0m	$135.0m	$100.0m	$114.0m	$109.0m	$124.0m
TaxPaid in tax	+471%	$26.7bn	$19.7bn	$11.9bn	$11.4bn	$14.7bn	$7.8bn	$5.3bn	$4.2bn	$14.5bn	$4.7bn
Net incomeWhat was left after everything	+579%	$132.2bn	$100.1bn	$73.8bn	$60.0bn	$76.0bn	$40.3bn	$34.3bn	$30.7bn	$12.7bn	$19.5bn
Diluted EPSThat profit, per share	-61%	$10.81	$8.04	$5.80	$4.56	$112.20	$58.61	$49.16	$43.70	$18.00	$27.85
What it owns and owes
Cash & equivalentsCash it can spend today	+138%	$30.7bn	$23.5bn	$24.0bn	$21.9bn	$20.9bn	$26.5bn	$18.5bn	$16.7bn	$10.7bn	$12.9bn
InventoryGoods not yet sold		—	—	—	$2.7bn	$1.2bn	$728.0m	$999.0m	$1.1bn	$749.0m	$268.0m
Current assetsWhat it owns that turns to cash within a year	+95%	$206.0bn	$163.7bn	$171.5bn	$164.8bn	$188.1bn	$174.3bn	$152.6bn	$135.7bn	$124.3bn	$105.4bn
Total assetsEverything it owns	+255%	$595.3bn	$450.3bn	$402.4bn	$365.3bn	$359.3bn	$319.6bn	$275.9bn	$232.8bn	$197.3bn	$167.5bn
Current liabilitiesWhat it owes within a year	+513%	$102.7bn	$89.1bn	$81.8bn	$69.3bn	$64.3bn	$56.8bn	$45.2bn	$34.6bn	$24.2bn	$16.8bn
Total liabilitiesEverything it owes	+533%	$180.0bn	$125.2bn	$119.0bn	$109.1bn	$107.6bn	$97.1bn	$74.5bn	$55.2bn	$44.8bn	$28.5bn
Short-term debtBorrowing due within a year		$2.0bn	$999.0m	$1.0bn	$0	$0	$999.0m	$0	—	—	—
Long-term debtBorrowing due later	+1083%	$46.5bn	$10.9bn	$11.9bn	$15.3bn	$15.4bn	$15.3bn	$4.0bn	$4.0bn	$3.9bn	$3.9bn
Total debtBoth kinds of borrowing together	+1134%	$48.5bn^†	$11.9bn^†	$12.9bn^†	$15.3bn^†	$15.4bn^†	$16.3bn^†	$4.0bn^†	$4.0bn^†	$3.9bn^†	$3.9bn^†
Shareholders’ equityWhat would be left for owners if it paid off everything	+199%	$415.3bn	$325.1bn	$283.4bn	$256.1bn	$251.6bn	$222.5bn	$201.4bn	$177.6bn	$152.5bn	$139.0bn
Where the cash went
Cash from operationsCash the business itself brought in	+357%	$164.7bn	$125.3bn	$101.7bn	$91.5bn	$91.7bn	$65.1bn	$54.5bn	$48.0bn	$37.1bn	$36.0bn
Cash from investingCash spent on or raised from investments		-$120.3bn	-$45.5bn	-$27.1bn	-$20.3bn	-$35.5bn	-$32.8bn	-$29.5bn	-$28.5bn	-$31.4bn	-$31.2bn
Cash from financingCash raised from or returned to lenders and owners		-$37.4bn	-$79.7bn	-$72.1bn	-$69.8bn	-$61.4bn	-$24.4bn	-$23.2bn	-$13.2bn	-$8.3bn	-$8.3bn
Spending on property & equipmentSpent on property and equipment	+795%	$91.4bn	$52.5bn	$32.3bn	$31.5bn	$24.6bn	$22.3bn	$23.5bn	$25.1bn	$13.2bn	$10.2bn
Debt repaidPaid back during the period		—	—	—	—	—	—	—	—	—	$10.1bn

† Worked out by us, not filed on its own. Total debt combines filed long-term debt with current debt when reported separately.

By quarter

Quarter ending	Over the period	30 Jun 2026	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024	31 Mar 2024	31 Dec 2023	30 Sept 2023
What it earned
RevenueWhat it sold, before any costs	+56%	$119.8bn	$109.9bn	$113.8bn^†	$102.3bn	$96.4bn	$90.2bn	$96.5bn^†	$88.3bn	$84.7bn	$80.5bn	$86.3bn^†	$76.7bn
Research & developmentSpent on developing products	+62%	$18.2bn	$17.0bn	$18.6bn^†	$15.2bn	$13.8bn	$13.6bn	$13.1bn^†	$12.4bn	$11.9bn	$11.9bn	$12.1bn^†	$11.3bn
Restructuring chargesOne-off costs of closing or reorganising		—	—	—	—	—	—	—	—	—	—	$1.2bn^†	$102.0m
Operating profitProfit from the business itself	+91%	$40.8bn	$39.7bn	$35.9bn^†	$31.2bn	$31.3bn	$30.6bn	$31.0bn^†	$28.5bn	$27.4bn	$25.5bn	$23.7bn^†	$21.3bn
InterestPaid to lenders	+1002%	$1.3bn	$533.0m	$298.0m^†	$143.0m	$261.0m	$34.0m	$53.0m^†	$54.0m	$67.0m	$94.0m	$69.0m^†	$116.0m
TaxPaid in tax	+1661%	$26.6bn	$14.8bn	$4.7bn^†	$9.0bn	$5.7bn	$7.2bn	$5.7bn^†	$5.4bn	$3.9bn	$4.7bn	$3.7bn^†	$1.5bn
Net incomeWhat was left after everything	+470%	$112.2bn	$62.6bn	$34.5bn^†	$35.0bn	$28.2bn	$34.5bn	$26.5bn^†	$26.3bn	$23.6bn	$23.7bn	$20.7bn^†	$19.7bn
Diluted EPSThat profit, per share	+488%	$9.11	$5.11	$2.82^†	$2.87	$2.31	$2.81	$2.14^†	$2.12	$1.89	$1.89	$1.64^†	$1.55
What it owns and owes
Cash & equivalentsCash it can spend today	+82%	$55.9bn	$38.1bn	$30.7bn	$23.1bn	$21.0bn	$23.3bn	$23.5bn	$20.0bn	$27.2bn	$24.5bn	$24.0bn	$30.7bn
InventoryGoods not yet sold	+238%	$10.0bn	—	$2.4bn	—	—	—	—	—	—	—	—	$3.0bn
Current assetsWhat it owns that turns to cash within a year	+95%	$343.5bn	$213.8bn	$206.0bn	$173.9bn	$166.2bn	$162.1bn	$163.7bn	$157.5bn	$162.0bn	$165.5bn	$171.5bn	$176.3bn
Total assetsEverything it owns	+132%	$922.0bn	$703.9bn	$595.3bn	$536.5bn	$502.1bn	$475.4bn	$450.3bn	$430.3bn	$414.8bn	$407.4bn	$402.4bn	$396.7bn
Current liabilitiesWhat it owes within a year	+46%	$126.1bn	$111.2bn	$102.7bn	$99.5bn	$87.3bn	$91.7bn	$89.1bn	$80.8bn	$77.9bn	$77.0bn	$81.8bn	$86.3bn
Total liabilitiesEverything it owes	+128%	$281.5bn	$225.2bn	$180.0bn	$149.6bn	$139.1bn	$130.1bn	$125.2bn	$116.1bn	$114.0bn	$114.5bn	$119.0bn	$123.5bn
Short-term debtBorrowing due within a year	+100%	$2.0bn	$2.0bn	$2.0bn	$2.0bn	$1.0bn	$1.0bn	$999.0m	$999.0m	$0	$0	$1.0bn	$1.0bn
Long-term debtBorrowing due later	+612%	$98.2bn	$77.5bn	$46.5bn	$21.6bn	$23.6bn	$10.9bn	$10.9bn	$12.3bn	$13.2bn	$13.2bn	$11.9bn	$13.8bn
Total debtBoth kinds of borrowing together	+578%	$100.2bn^†	$79.5bn^†	$48.5bn^†	$23.6bn^†	$24.6bn^†	$11.9bn^†	$11.9bn^†	$13.3bn^†	$13.2bn^†	$13.2bn^†	$12.9bn^†	$14.8bn^†
Shareholders’ equityWhat would be left for owners if it paid off everything	+134%	$640.5bn	$478.7bn	$415.3bn	$386.9bn	$362.9bn	$345.3bn	$325.1bn	$314.1bn	$300.8bn	$292.8bn	$283.4bn	$273.2bn
Where the cash went
Cash from operationsCash the business itself brought in	+27%	$39.1bn^†	$45.8bn	$52.4bn^†	$48.4bn^†	$27.7bn^†	$36.1bn	$39.1bn^†	$30.7bn^†	$26.6bn^†	$28.8bn	$18.9bn^†	$30.7bn^†
Cash from investingCash spent on or raised from investments		-$82.4bn^†	-$63.4bn	-$51.8bn^†	-$27.8bn^†	-$24.5bn^†	-$16.2bn	-$16.2bn^†	-$18.0bn^†	-$2.8bn^†	-$8.6bn	-$6.2bn^†	-$7.2bn^†
Cash from financingCash raised from or returned to lenders and owners		$61.2bn^†	$25.1bn	$7.0bn^†	-$18.4bn^†	-$5.8bn^†	-$20.2bn	-$19.0bn^†	-$20.1bn^†	-$20.9bn^†	-$19.7bn	-$19.3bn^†	-$18.4bn^†
Spending on property & equipmentSpent on property and equipment	+458%	$44.9bn^†	$35.7bn	$27.9bn^†	$24.0bn^†	$22.4bn^†	$17.2bn	$14.3bn^†	$13.1bn^†	$13.2bn^†	$12.0bn	$11.0bn^†	$8.1bn^†

† Worked out by us, not filed on its own. Total debt combines filed long-term debt with current debt when reported separately. For other marked lines, the company reports from the start of its year, so the quarter is one running total less the one before it.

What moved

The largest movements in the tables above, with what else moved alongside them. Anything filed near a movement is listed as having been filed near it — that is a date, not a cause.

Shareholders’ equity rose in each of the last 11 quarters

By the numbersOver the same period: net income rose 79.3% to $112.2bn, total debt rose 26.0% to $100.2bn.

Also filed around then

11 Jun 2026 — departure or appointment of an officer or director
5 Jun 2026 — entry into a material agreement
5 Jun 2026 — departure or appointment of an officer or director
4 Jun 2026 — entry into a material agreement

Revenue rose in each of the last 9 fiscal years

By the numbersOver the same period: operating profit rose 14.8% to $129.0bn.

Shareholders’ equity rose in each of the last 9 fiscal years

By the numbersOver the same period: total debt rose 308.5% to $48.5bn, net income rose 32.0% to $132.2bn.

Where this came from

Prices: licensed end-of-day data from Tiingo.
Figures: as filed with the SEC (XBRL facts), for the period ending 2026-06-30.
Calculated figures marked †: total debt combines filed long-term debt with current debt when reported separately; some quarters subtract the prior running total from the latest one.
Built 16 Sept 2026. Reports are rebuilt every night while readers are reading them.

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