Alphabet Inc Financials
This page shows Alphabet Inc (GOOG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Alphabet Inc has an operating margin of 27.4%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 32.1% the prior year.
Alphabet Inc's revenue declined 100% year-over-year, from $350.0B to $307K. This contraction results in a growth score of 0/100.
Alphabet Inc carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Alphabet Inc's current ratio of 1.84 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Alphabet Inc converts 22.6% of revenue into free cash flow ($69K). This strong cash generation earns a score of 100/100.
Alphabet Inc earns a strong 22.7% return on equity (ROE), meaning it generates $23 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is down from 30.8% the prior year.
Alphabet Inc scores 17624209.82, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($3.7T) relative to total liabilities ($125K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Alphabet Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Alphabet Inc generates $1.38 in operating cash flow ($102K OCF vs $74K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Alphabet Inc earns $273.7 in operating income for every $1 of interest expense ($84K vs $308). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Alphabet Inc generated $307K in revenue in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Alphabet Inc's EBITDA was $97K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 100.0% from the prior year.
Alphabet Inc generated $69K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 100.0% from the prior year.
Alphabet Inc reported $74K in net income in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Alphabet Inc earned $5.80 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 27.9% from the prior year.
Alphabet Inc held $23K in cash against $11K in long-term debt as of fiscal year 2025.
Alphabet Inc paid $0.60 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Alphabet Inc had 5,822 shares outstanding in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Alphabet Inc's gross margin was 56.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the prior year.
Alphabet Inc's operating margin was 27.4% in fiscal year 2025, reflecting core business profitability. This is down 4.7 percentage points from the prior year.
Alphabet Inc's net profit margin was 24.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.6 percentage points from the prior year.
Alphabet Inc's ROE was 22.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.1 percentage points from the prior year.
Alphabet Inc invested $45K in research and development in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Alphabet Inc spent $62K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
Alphabet Inc invested $32K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.
GOOG Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $113.8B+11.2% | $102.3B+6.1% | $96.4B+6.9% | $90.2B-6.5% | $96.5B+9.3% | $88.3B+4.2% | $84.7B+5.2% | $80.5B |
| Cost of Revenue | $45.8B+10.6% | $41.4B+6.0% | $39.0B+7.4% | $36.4B-10.5% | $40.6B+11.3% | $36.5B+2.7% | $35.5B+5.3% | $33.7B |
| Gross Profit | $68.1B+11.6% | $61.0B+6.3% | $57.4B+6.5% | $53.9B-3.6% | $55.9B+7.8% | $51.8B+5.2% | $49.2B+5.1% | $46.8B |
| R&D Expenses | $18.6B+22.6% | $15.2B+9.7% | $13.8B+1.9% | $13.6B+3.4% | $13.1B+5.4% | $12.4B+4.9% | $11.9B-0.4% | $11.9B |
| SG&A Expenses | $5.3B-27.8% | $7.4B+41.9% | $5.2B+47.2% | $3.5B-19.7% | $4.4B+22.4% | $3.6B+14.0% | $3.2B+4.4% | $3.0B |
| Operating Income | $35.9B+15.1% | $31.2B-0.1% | $31.3B+2.2% | $30.6B-1.2% | $31.0B+8.6% | $28.5B+4.0% | $27.4B+7.7% | $25.5B |
| Interest Expense | $298.0M+108.4% | $143.0M-45.2% | $261.0M+667.6% | $34.0M-35.8% | $53.0M-1.9% | $54.0M-19.4% | $67.0M-28.7% | $94.0M |
| Income Tax | $4.7B-48.2% | $9.0B+57.0% | $5.7B-20.9% | $7.2B+27.0% | $5.7B+5.6% | $5.4B+37.5% | $3.9B-15.5% | $4.7B |
| Net Income | $34.5B-1.5% | $35.0B+24.1% | $28.2B-18.4% | $34.5B+30.2% | $26.5B+0.9% | $26.3B+11.4% | $23.6B-0.2% | $23.7B |
| EPS (Diluted) | $2.82-1.7% | $2.87+24.2% | $2.31-17.8% | $2.81+31.3% | $2.14+0.9% | $2.12+12.2% | $1.890.0% | $1.89 |
GOOG Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $595.3B+11.0% | $536.5B+6.9% | $502.1B+5.6% | $475.4B+5.6% | $450.3B+4.6% | $430.3B+3.7% | $414.8B+1.8% | $407.4B |
| Current Assets | $206.0B+18.4% | $173.9B+4.7% | $166.2B+2.6% | $162.1B-1.0% | $163.7B+3.9% | $157.5B-2.7% | $162.0B-2.1% | $165.5B |
| Cash & Equivalents | $30.7B+33.0% | $23.1B+9.8% | $21.0B-9.6% | $23.3B-0.9% | $23.5B+17.6% | $20.0B-26.7% | $27.2B+11.2% | $24.5B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $62.9B+10.0% | $57.1B+3.8% | $55.0B+7.9% | $51.0B-2.6% | $52.3B+6.6% | $49.1B+4.3% | $47.1B+5.7% | $44.6B |
| Goodwill | $33.4B+0.3% | $33.3B+2.9% | $32.3B+0.5% | $32.2B+0.9% | $31.9B-0.2% | $31.9B+9.4% | $29.2B0.0% | $29.2B |
| Total Liabilities | $180.0B+20.3% | $149.6B+7.5% | $139.1B+6.9% | $130.1B+3.9% | $125.2B+7.8% | $116.1B+1.9% | $114.0B-0.4% | $114.5B |
| Current Liabilities | $102.7B+3.2% | $99.5B+14.0% | $87.3B-4.7% | $91.7B+2.8% | $89.1B+10.3% | $80.8B+3.7% | $77.9B+1.2% | $77.0B |
| Long-Term Debt | $46.5B+115.4% | $21.6B-8.5% | $23.6B+116.9% | $10.9B0.0% | $10.9B-11.5% | $12.3B-7.1% | $13.2B+0.1% | $13.2B |
| Total Equity | $415.3B+7.3% | $386.9B+6.6% | $362.9B+5.1% | $345.3B+6.2% | $325.1B+3.5% | $314.1B+4.4% | $300.8B+2.7% | $292.8B |
| Retained Earnings | $324.1B+9.0% | $297.2B+7.8% | $275.8B+5.0% | $262.6B+7.2% | $245.1B+4.2% | $235.3B+4.1% | $226.0B+2.8% | $219.8B |
GOOG Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $52.4B+8.2% | $48.4B+74.5% | $27.7B-23.2% | $36.1B-7.6% | $39.1B+27.4% | $30.7B+15.2% | $26.6B-7.7% | $28.8B |
| Capital Expenditures | $27.9B+16.3% | $24.0B+6.7% | $22.4B+30.5% | $17.2B+20.5% | $14.3B+9.3% | $13.1B-0.9% | $13.2B+9.8% | $12.0B |
| Free Cash Flow | $24.6B+0.4% | $24.5B+361.4% | $5.3B-72.0% | $19.0B-23.7% | $24.8B+40.8% | $17.6B+31.1% | $13.5B-20.1% | $16.8B |
| Investing Cash Flow | -$51.8B-86.4% | -$27.8B-13.2% | -$24.5B-51.6% | -$16.2B-0.1% | -$16.2B+10.2% | -$18.0B-547.6% | -$2.8B+67.5% | -$8.6B |
| Financing Cash Flow | $7.0B+138.2% | -$18.4B-215.2% | -$5.8B+71.1% | -$20.2B-6.1% | -$19.0B+5.3% | -$20.1B+3.8% | -$20.9B-6.0% | -$19.7B |
| Dividends Paid | $2.5B0.0% | $2.5B-0.3% | $2.5B+4.5% | $2.4B-0.3% | $2.4B-0.5% | $2.5B-3.5% | $2.5B | $0 |
| Share Buybacks | $5.5B-52.2% | $11.5B-15.6% | $13.6B-9.5% | $15.1B-3.1% | $15.6B+1.7% | $15.3B-2.5% | $15.7B-0.1% | $15.7B |
GOOG Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.8%+0.2pp | 59.6%+0.1pp | 59.5%-0.2pp | 59.7%+1.8pp | 57.9%-0.8pp | 58.7%+0.6pp | 58.1%-0.0pp | 58.1% |
| Operating Margin | 31.6%+1.1pp | 30.5%-1.9pp | 32.4%-1.5pp | 33.9%+1.8pp | 32.1%-0.2pp | 32.3%-0.1pp | 32.4%+0.7pp | 31.6% |
| Net Margin | 30.3%-3.9pp | 34.2%+4.9pp | 29.2%-9.0pp | 38.3%+10.8pp | 27.5%-2.3pp | 29.8%+1.9pp | 27.9%-1.5pp | 29.4% |
| Return on Equity | 8.3%-0.7pp | 9.0%+1.3pp | 7.8%-2.2pp | 10.0%+1.8pp | 8.2%-0.2pp | 8.4%+0.5pp | 7.8%-0.2pp | 8.1% |
| Return on Assets | 5.8%-0.7pp | 6.5%+0.9pp | 5.6%-1.7pp | 7.3%+1.4pp | 5.9%-0.2pp | 6.1%+0.4pp | 5.7%-0.1pp | 5.8% |
| Current Ratio | 2.01+0.3 | 1.75-0.2 | 1.90+0.1 | 1.77-0.1 | 1.84-0.1 | 1.95-0.1 | 2.08-0.1 | 2.15 |
| Debt-to-Equity | 0.11+0.1 | 0.060.0 | 0.07+0.0 | 0.030.0 | 0.030.0 | 0.040.0 | 0.040.0 | 0.05 |
| FCF Margin | 21.6%-2.3pp | 23.9%+18.4pp | 5.5%-15.5pp | 21.0%-4.8pp | 25.8%+5.8pp | 20.0%+4.1pp | 15.9%-5.0pp | 20.9% |
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Frequently Asked Questions
What is Alphabet Inc's annual revenue?
Alphabet Inc (GOOG) reported $307K in total revenue for fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Alphabet Inc's revenue growing?
Alphabet Inc (GOOG) revenue declined by 100% year-over-year, from $350.0B to $307K in fiscal year 2025.
Is Alphabet Inc profitable?
Yes, Alphabet Inc (GOOG) reported a net income of $74K in fiscal year 2025, with a net profit margin of 24.0%.
What is Alphabet Inc's earnings per share (EPS)?
Alphabet Inc (GOOG) reported diluted earnings per share of $5.80 for fiscal year 2025. This represents a -27.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Alphabet Inc's EBITDA?
Alphabet Inc (GOOG) had EBITDA of $97K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Alphabet Inc have?
As of fiscal year 2025, Alphabet Inc (GOOG) had $23K in cash and equivalents against $11K in long-term debt.
What is Alphabet Inc's gross margin?
Alphabet Inc (GOOG) had a gross margin of 56.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Alphabet Inc's operating margin?
Alphabet Inc (GOOG) had an operating margin of 27.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Alphabet Inc's net profit margin?
Alphabet Inc (GOOG) had a net profit margin of 24.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Alphabet Inc pay dividends?
Yes, Alphabet Inc (GOOG) paid $0.60 per share in dividends during fiscal year 2025.
What is Alphabet Inc's return on equity (ROE)?
Alphabet Inc (GOOG) has a return on equity of 22.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Alphabet Inc's free cash flow?
Alphabet Inc (GOOG) generated $69K in free cash flow during fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Alphabet Inc's operating cash flow?
Alphabet Inc (GOOG) generated $102K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Alphabet Inc's total assets?
Alphabet Inc (GOOG) had $450K in total assets as of fiscal year 2025, including both current and long-term assets.
What are Alphabet Inc's capital expenditures?
Alphabet Inc (GOOG) invested $32K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Alphabet Inc spend on research and development?
Alphabet Inc (GOOG) invested $45K in research and development during fiscal year 2025.
Does Alphabet Inc buy back shares?
Yes, Alphabet Inc (GOOG) spent $62K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Alphabet Inc have outstanding?
Alphabet Inc (GOOG) had 5,822 shares outstanding as of fiscal year 2025.
What is Alphabet Inc's current ratio?
Alphabet Inc (GOOG) had a current ratio of 1.84 as of fiscal year 2025, which is generally considered healthy.
What is Alphabet Inc's debt-to-equity ratio?
Alphabet Inc (GOOG) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Alphabet Inc's return on assets (ROA)?
Alphabet Inc (GOOG) had a return on assets of 16.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Alphabet Inc's Altman Z-Score?
Alphabet Inc (GOOG) has an Altman Z-Score of 17624209.82, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Alphabet Inc's Piotroski F-Score?
Alphabet Inc (GOOG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Alphabet Inc's earnings high quality?
Alphabet Inc (GOOG) has an earnings quality ratio of 1.38x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Alphabet Inc cover its interest payments?
Alphabet Inc (GOOG) has an interest coverage ratio of 273.7x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Alphabet Inc?
Alphabet Inc (GOOG) scores 74 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.