GOOG · Alphabet Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $350.02B | $350.02B | $307.39B | $182.53B | $257.64B | $182.53B |
| Cost of Revenue | $162.53B | $146.31B | $133.33B | $126.20B | $110.94B | $84.73B |
| Gross Profit | $187.48B | $203.71B | $174.06B | $56.32B | $146.70B | $97.80B |
| R&D | $61.09B | $49.33B | $45.43B | $39.50B | $31.56B | $27.57B |
| SG&A | $21.48B | $14.19B | $16.43B | $15.72B | $13.51B | $11.05B |
| Total Operating Expenses | $273.80B | $237.63B | $223.10B | $207.99B | $178.92B | $141.30B |
| D&A | $21.14B | $15.31B | $10.27B | - | - | - |
| Operating Income | $129.04B | $112.39B | $84.29B | $74.84B | $78.71B | $41.22B |
| Interest Expense | $736.00M | $268.00M | $308.00M | $357.00M | $346.00M | $135.00M |
| Income Tax | $26.66B | $19.70B | $11.92B | $11.36B | $14.70B | $7.81B |
| Net Income | $132.17B | $100.12B | $73.80B | $59.97B | $76.03B | $40.27B |
| EPS - Basic | $10.91 | $8.13 | $5.84 | $4.59 | $5.69 | $2.96 |
| EPS - Diluted | $10.81 | $8.04 | $5.80 | $4.56 | $5.61 | $2.93 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.71B | $23.47B | $24.05B | $21.88B | $20.95B | $26.46B |
| Accounts Receivable | $62.89B | $52.34B | $47.96B | $40.26B | $39.30B | $30.93B |
| Inventory | - | - | - | $2.67B | $1.17B | $728.00M |
| Accounts Payable | $12.20B | $7.99B | $7.49B | $5.13B | $6.04B | $5.59B |
| Current Assets | $206.04B | $163.71B | $171.53B | $164.79B | $188.14B | $174.30B |
| Total Assets | $595.28B | $450.26B | $402.39B | $365.26B | $359.27B | $319.62B |
| Current Liabilities | $102.75B | $89.12B | $81.81B | $69.30B | $64.25B | $56.83B |
| Long-term Debt | $46.55B | $11.87B | $14.86B | $15.31B | $15.44B | $15.32B |
| Total Liabilities | $180.02B | $125.17B | $119.01B | $109.12B | $107.63B | $97.07B |
| Stockholders' Equity | $415.26B | $325.08B | $283.38B | $256.14B | $251.63B | $222.54B |
| Retained Earnings | $324.06B | $245.08B | $211.25B | $195.56B | $191.48B | $163.40B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $164.71B | $125.30B | $101.75B | $91.50B | $91.65B | $65.12B |
| Investing Cash Flow | ($120.29B) | ($45.54B) | ($27.06B) | ($20.30B) | ($35.52B) | ($32.77B) |
| Financing Cash Flow | ($37.39B) | ($79.73B) | ($72.09B) | ($69.76B) | ($61.36B) | ($24.41B) |
| CapEx | $91.45B | $52.53B | $32.25B | $31.48B | $24.64B | $22.28B |
| Free Cash Flow | $73.27B | $72.76B | $69.50B | $60.01B | $67.01B | $42.84B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 53.6% | 58.2% | 56.6% | 30.9% | 56.9% | 53.6% |
| Operating margin | 36.9% | 32.1% | 27.4% | 41.0% | 30.6% | 22.6% |
| EBITDA margin | 42.9% | 36.5% | 30.8% | - | - | - |
| Net margin | 37.8% | 28.6% | 24.0% | 32.9% | 29.5% | 22.1% |
| Free cash flow margin | 20.9% | 20.8% | 22.6% | 32.9% | 26.0% | 23.5% |
| FCF / Net income | 0.55 | 0.73 | 0.94 | 1.00 | 0.88 | 1.06 |
| R&D / Revenue | 17.5% | 14.1% | 14.8% | 21.6% | 12.3% | 15.1% |
| SG&A / Revenue | 6.1% | 4.1% | 5.3% | 8.6% | 5.2% | 6.1% |
| Effective tax rate | 16.8% | 16.4% | 13.9% | 15.9% | 16.2% | 16.2% |
| Return on assets | 22.2% | 22.2% | 18.3% | 16.4% | 21.2% | 12.6% |
| Return on equity | 31.8% | 30.8% | 26.0% | 23.4% | 30.2% | 18.1% |
| Return on invested capital | 23.3% | 27.9% | 24.3% | 23.2% | 24.7% | 14.5% |
| Liquidity | ||||||
| Current ratio | 2.01 | 1.84 | 2.10 | 2.38 | 2.93 | 3.07 |
| Quick ratio | 2.01 | 1.84 | 2.10 | 2.34 | 2.91 | 3.05 |
| Cash ratio | 0.30 | 0.26 | 0.29 | 0.32 | 0.33 | 0.47 |
| Leverage | ||||||
| Debt / Equity | 0.11 | 0.04 | 0.05 | 0.06 | 0.06 | 0.07 |
| Debt / Assets | 0.08 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 |
| Debt / EBITDA | 0.31 | 0.09 | 0.16 | - | - | - |
| Interest coverage | 175.3x | 419.4x | 273.7x | 209.6x | 227.5x | 305.4x |
| Equity multiplier | 1.43 | 1.39 | 1.42 | 1.43 | 1.43 | 1.44 |
| Liabilities / Assets | 0.30 | 0.28 | 0.30 | 0.30 | 0.30 | 0.30 |
| Efficiency | ||||||
| Asset turnover | 0.59 | 0.78 | 0.76 | 0.50 | 0.72 | 0.57 |
| Inventory turnover | - | - | - | 47.27 | 94.82 | 116.39 |
| Days sales outstanding | 66d | 55d | 57d | 81d | 56d | 62d |
| Days inventory outstanding | - | - | - | 8d | 4d | 3d |
| Days payable outstanding | 27d | 20d | 21d | 15d | 20d | 24d |
| Cash conversion cycle | - | - | - | 73d | 40d | 41d |
| Valuation | ||||||
| P / E | 29.0x | 23.7x | 24.3x | 19.5x | 25.8x | 29.9x |
| P / B | 9.2x | 7.3x | - | - | - | - |
| P / S | 11.0x | 6.8x | - | - | - | - |
| EV / EBITDA | 25.7x | 18.5x | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 0.0% | 13.9% | 68.4% | -29.2% | 41.2% | 12.8% |
| Revenue CAGR (3y) | 24.2% | 10.8% | 19.0% | 4.1% | 41.8% | 18.1% |
| Revenue CAGR (5y) | 13.9% | 16.7% | 27.8% | 10.5% | 23.3% | 22.6% |
| Gross profit growth (YoY) | -8.0% | 17.0% | 209.0% | -61.6% | 50.0% | 8.7% |
| Operating income growth (YoY) | 14.8% | 33.3% | 12.6% | -4.9% | 90.9% | 20.4% |
| Net income growth (YoY) | 32.0% | 35.7% | 23.0% | -21.1% | 88.8% | 17.3% |
| EPS growth (YoY) | 34.5% | 38.6% | 27.2% | -18.7% | 91.4% | -94.0% |
| EPS CAGR (3y) | 33.3% | 12.7% | 25.6% | -54.7% | -41.4% | - |
| EPS CAGR (5y) | 29.8% | -30.4% | -26.9% | - | - | -32.3% |
| FCF growth (YoY) | 0.7% | 4.7% | 15.8% | -10.4% | 56.4% | 38.3% |
| FCF CAGR (5y) | 11.3% | 18.6% | 24.9% | 20.2% | 21.0% | 23.2% |
| Book value growth (YoY) | 27.7% | 14.7% | 10.6% | 1.8% | 13.1% | 10.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$402.96B totalGoogle Services$342.72B · 85.1%
Google Cloud$58.70B · 14.6%
All Other Segments$1.54B · 0.4%
Product / service
$637.41B totalGoogle Advertising Revenue$294.69B · 46.2%
Google Search Other$224.53B · 35.2%
Subscriptions Platforms And Devices Revenue$48.03B · 7.5%
You Tube Advertising Revenue$40.37B · 6.3%
Google Network$29.79B · 4.7%
Geographic
$402.96B totalUS$194.23B · 48.2%
EMEA$117.15B · 29.1%
Asia Pacific$67.68B · 16.8%
Americas Excluding United States$23.90B · 5.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.81
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing Alphabet Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.84/share trailing 12 months · +5.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 9, 2026 | $0.2100 |
| Dec 8, 2025 | $0.2100 |
| Sep 8, 2025 | $0.2100 |
| Jun 9, 2025 | $0.2100 |
| Mar 10, 2025 | $0.2000 |
| Dec 9, 2024 | $0.2000 |
| Sep 9, 2024 | $0.2000 |
| Jun 10, 2024 | $0.2000 |