What is Alphabet Inc.'s earnings per share (EPS)?

Alphabet Inc. (GOOGM) reported diluted earnings per share of $10.81 for fiscal year 2025. This represents a 34.5% 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.

Alphabet Inc. (GOOGM) Financials

GOOGM

Trailing 12 months to June 30, 2026

Revenue $445.9B +20.1% YoY

Net Income $244.2B +111.3% YoY

EPS (Diluted) $19.91 +112.3% YoY

Free Cash Flow $53.3B -20.2% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 23, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GOOGM SEC filings page.

Alphabet Inc. (GOOGM) reported $445.9B in revenue over the twelve months to Jun 30, 2026, up 20.1% from the prior twelve months. This page shows its 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).

Rhea AI GOOGM FY2025 2026-08-30

Profit growth is increasingly paired with heavier reinvestment, leaving post-capital-spending cash nearly flat despite much larger operations.

In FY2025, operating cash flow reached $164.7B while free cash flow was only $73.3B. That gap reflects capital expenditures of $91.4B, up from $52.5B in FY2024, so accounting growth is converting into infrastructure investment more than distributable cash.

Gross margin widened to 59.7% in FY2025, while operating margin held at 32.0%. The pattern suggests much of the additional gross profit was absorbed by operating investment and expenses rather than flowing fully into operating earnings.

Total assets expanded to $595.3B as the investment program accelerated, while debt-to-equity rose to 0.1x from 0.0x in FY2024. A current ratio of 2.0x still indicates substantial short-term asset coverage, but the balance sheet is becoming more capital-intensive.

Financial Health Signals

Financial health score not available

Alphabet Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Neutral

6/9

Alphabet Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.25x

For every $1 of reported earnings, Alphabet Inc. generates $1.25 in operating cash flow ($164.7B OCF vs $132.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

175.32x

Alphabet Inc. earns $175.32 in operating income for every $1 of interest expense ($129.0B vs $736.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$119.8B

YoY+24.2%

QoQ+9.0%

5Y CAGR+14.1%

10Y CAGR+18.7%

Alphabet Inc. generated $119.8B in revenue in Q2 2026. This represents an increase of 24.2% from the same quarter a year earlier. Against the prior quarter it is up 9.0%.

EBITDA

$48.5B

YoY+32.9%

QoQ+4.1%

Alphabet Inc.'s EBITDA was $48.5B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 32.9% from the same quarter a year earlier. Against the prior quarter it is up 4.1%.

Net Income

$112.2B

YoY+297.9%

QoQ+79.3%

5Y CAGR+43.4%

10Y CAGR+36.8%

Alphabet Inc. reported $112.2B in net income in Q2 2026. This represents an increase of 297.9% from the same quarter a year earlier. Against the prior quarter it is up 79.3%.

EPS (Diluted)

$9.11

YoY+294.4%

QoQ+78.3%

5Y CAGR+46.3%

Alphabet Inc. earned $9.11 per diluted share (EPS) in Q2 2026. This represents an increase of 294.4% from the same quarter a year earlier. Against the prior quarter it is up 78.3%.

Cash & Balance Sheet

Free Cash Flow

-$5.9B

YoY-210.5%

QoQ-157.9%

Alphabet Inc. recorded an outflow of $5.9B in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 210.5% from the same quarter a year earlier. Against the prior quarter it is down 157.9%.

Cash & Debt

$55.9B

YoY+165.8%

QoQ+46.9%

5Y CAGR+18.8%

10Y CAGR+15.2%

Alphabet Inc. held $55.9B in cash against $98.2B in long-term debt as of Q2 2026.

Dividends Per Share

$0.22

YoY+4.8%

QoQ+4.8%

Alphabet Inc. paid $0.22 per share in dividends in Q2 2026. This represents an increase of 4.8% from the same quarter a year earlier. Against the prior quarter it is up 4.8%.

Shares Outstanding

12.23B

YoY+1.0%

QoQ+0.9%

5Y CAGR+78.9%

10Y CAGR+33.4%

Alphabet Inc. had 12.23B shares outstanding in Q2 2026. This represents an increase of 1.0% from the same quarter a year earlier. Against the prior quarter it is up 0.9%.

Margins & Returns

Gross Margin

61.7%

YoY+2.1pp

QoQ-0.8pp

5Y change+4.0pp

10Y change-0.5pp

Alphabet Inc.'s gross margin was 61.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.

Operating Margin

34.0%

YoY+1.6pp

QoQ-2.1pp

5Y change+2.7pp

10Y change+6.3pp

Alphabet Inc.'s operating margin was 34.0% in Q2 2026, reflecting core business profitability. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.1 percentage points.

Net Margin

93.7%

YoY+64.4pp

QoQ+36.7pp

5Y change+63.7pp

10Y change+71.0pp

Alphabet Inc.'s net profit margin was 93.7% in Q2 2026, showing the share of revenue converted to profit. This is up 64.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 36.7 percentage points.

Return on Equity

17.5%

YoY+9.7pp

QoQ+4.4pp

5Y change+9.7pp

10Y change+13.7pp

Alphabet Inc.'s ROE was 17.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 9.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.

Capital Allocation

R&D Spending

$18.2B

YoY+31.9%

QoQ+7.0%

5Y CAGR+18.9%

10Y CAGR+18.4%

Alphabet Inc. invested $18.2B in research and development in Q2 2026. This represents an increase of 31.9% from the same quarter a year earlier. Against the prior quarter it is up 7.0%.

Share Buybacks

YoY-100.0%

Alphabet Inc. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier.

Capital Expenditures

$44.9B

YoY+100.1%

QoQ+25.9%

5Y CAGR+52.2%

10Y CAGR+35.6%

Alphabet Inc. invested $44.9B in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 100.1% from the same quarter a year earlier. Against the prior quarter it is up 25.9%.

GOOGM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GOOGM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Revenue	$445.9B	$402.8B+15.1%	$350.0B+13.9%	$307.4B+8.7%	$282.8B+9.8%	$257.6B+41.2%	$182.5B+12.8%	$161.9B+18.3%	$136.8B+23.4%	$110.9B+22.8%	$90.3B+20.4%	$75.0B+13.6%	$66.0B+18.9%	$55.5B
Cost of Revenue	$174.3B	$162.5B+11.1%	$146.3B+9.7%	$133.3B+5.6%	$126.2B+13.8%	$110.9B+30.9%	$84.7B+17.9%	$71.9B+20.7%	$59.5B+30.6%	$45.6B+29.7%	$35.1B+24.8%	$28.2B+9.6%	$25.7B+16.8%	$22.0B
Gross Profit	$271.5B	$240.3B+18.0%	$203.7B+17.0%	$174.1B+11.1%	$156.6B+6.8%	$146.7B+50.0%	$97.8B+8.7%	$90.0B+16.4%	$77.3B+18.4%	$65.3B+18.4%	$55.1B+17.7%	$46.8B+16.2%	$40.3B+20.2%	$33.5B
R&D Expenses	$69.0B	$61.1B+23.8%	$49.3B+8.6%	$45.4B+15.0%	$39.5B+25.2%	$31.6B+14.5%	$27.6B+6.0%	$26.0B+21.5%	$21.4B+28.8%	$16.6B+19.2%	$13.9B+13.6%	$12.3B+24.9%	$9.8B+37.8%	$7.1B
SG&A Expenses	$23.5B	$21.5B+51.4%	$14.2B-13.6%	$16.4B+4.5%	$15.7B+16.4%	$13.5B+22.2%	$11.1B+15.7%	$9.6B+38.0%	$6.9B+1.2%	$6.8B-2.1%	$7.0B+13.8%	$6.1B+4.9%	$5.9B+32.0%	$4.4B
Operating Income	$147.6B	$129.0B+14.8%	$112.4B+33.3%	$84.3B+12.6%	$74.8B-4.9%	$78.7B+90.9%	$41.2B+20.4%	$34.2B+24.4%	$27.5B+5.1%	$26.2B+10.4%	$23.7B+22.5%	$19.4B+17.4%	$16.5B+7.1%	$15.4B
EBITDA	N/A	$150.7B+17.7%	$128.1B+32.5%	$96.7B+8.9%	$88.8B-0.2%	$89.0B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$2.3B	$736.0M+174.6%	$268.0M-13.0%	$308.0M-13.7%	$357.0M+3.2%	$346.0M+156.3%	$135.0M+35.0%	$100.0M-12.3%	$114.0M+4.6%	$109.0M-12.1%	$124.0M+19.2%	$104.0M+3.0%	$101.0M+24.7%	$81.0M
Income Tax	$55.1B	$26.7B+35.3%	$19.7B+65.2%	$11.9B+5.0%	$11.4B-22.8%	$14.7B+88.2%	$7.8B+47.9%	$5.3B+26.5%	$4.2B-71.3%	$14.5B+211.0%	$4.7B+41.4%	$3.3B-9.2%	$3.6B+32.9%	$2.7B
Net Income	$244.2B	$132.2B+32.0%	$100.1B+35.7%	$73.8B+23.0%	$60.0B-21.1%	$76.0B+88.8%	$40.3B+17.3%	$34.3B+11.7%	$30.7B+142.7%	$12.7B-35.0%	$19.5B+19.1%	$16.3B+15.6%	$14.1B+11.0%	$12.7B
EPS (Basic)	N/A	$10.91+34.2%	$8.13+39.2%	$5.84+27.2%	$4.59-19.3%	$5.69+92.2%	$2.96-94.0%	$49.59+12.1%	$44.22+142.0%	$18.27-35.5%	$28.32	N/A	$20.91+9.3%	$19.13
EPS (Diluted)	$19.91	$10.81+34.5%	$8.04+38.6%	$5.80+27.2%	$4.56-18.7%	$5.61	$2.93	$49.16+12.5%	$43.70+142.8%	$18.00-35.4%	$27.85	N/A	$20.57+9.5%	$18.79
Diluted Shares (Avg)	N/A	12.23B-1.7%	12.45B-2.2%	12.72B-3.3%	13.16B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$119.8B+24.2%	$109.9B+21.8%	$113.8B+18.0%	$102.3B+15.9%	$96.4B+13.8%	$90.2B+12.0%	$96.5B+11.8%	$88.3B+15.1%
Cost of Revenue	$45.9B+17.7%	$41.3B+13.5%	$45.8B+12.7%	$41.4B+13.4%	$39.0B+9.9%	$36.4B+7.9%	$40.6B+8.1%	$36.5B+9.8%
Gross Profit	$73.9B+28.7%	$68.6B+27.4%	$68.1B+21.9%	$61.0B+17.7%	$57.4B+16.6%	$53.9B+15.0%	$55.9B+14.6%	$51.8B+19.2%
R&D Expenses	$18.2B+31.9%	$17.0B+25.6%	$18.6B+41.6%	$15.2B+21.7%	$13.8B+16.4%	$13.6B+13.9%	$13.1B+8.3%	$12.4B+10.6%
SG&A Expenses	$6.5B+24.0%	$4.3B+21.2%	$5.3B+21.2%	$7.4B+105.4%	$5.2B+64.9%	$3.5B+17.0%	$4.4B-15.4%	$3.6B-9.6%
Operating Income	$40.8B+30.4%	$39.7B+29.7%	$35.9B+16.0%	$31.2B+9.5%	$31.3B+14.0%	$30.6B+20.2%	$31.0B+30.7%	$28.5B+33.6%
EBITDA	$48.5B+32.9%	$46.6B+31.9%	$41.9B+18.8%	$37.0B+13.4%	$36.5B+16.9%	$35.3B+21.9%	$35.3B+28.4%	$32.6B+33.1%
Interest Expense	$1.3B+389.7%	$533.0M+1467.6%	$298.0M+462.3%	$143.0M+164.8%	$261.0M+289.6%	$34.0M-63.8%	$53.0M-23.2%	$54.0M-53.4%
Income Tax	$26.6B+363.0%	$14.8B+104.6%	$4.7B-18.3%	$9.0B+66.7%	$5.7B+45.9%	$7.2B+55.8%	$5.7B+53.2%	$5.4B+258.4%
Net Income	$112.2B+297.9%	$62.6B+81.2%	$34.5B+29.8%	$35.0B+33.0%	$28.2B+19.4%	$34.5B+46.0%	$26.5B+28.3%	$26.3B+33.6%
EPS (Basic)	$9.23+296.1%	$5.17+82.0%	$2.85+31.3%	$2.89+35.0%	$2.33+22.0%	$2.84+48.7%	$2.17+31.5%	$2.14+37.2%
EPS (Diluted)	$9.11+294.4%	$5.11+81.9%	$2.82+31.8%	$2.87+35.4%	$2.31+22.2%	$2.81+48.7%	$2.14+30.5%	$2.12+36.8%
Diluted Shares (Avg)	12.31B+0.9%	12.24B-0.4%	N/A	12.20B-1.7%	12.20B-2.4%	12.29B-1.9%	N/A	12.42B-2.2%

GOOGM Balance Sheet

GOOGM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Total Assets	$595.3B+32.2%	$450.3B+11.9%	$402.4B+10.2%	$365.3B+1.7%	$359.3B+12.4%	$319.6B+15.8%	$275.9B+18.5%	$232.8B+18.0%	$197.3B+17.8%	$167.5B+13.6%	$147.5B+14.1%	$129.2B	N/A
Current Assets	$206.0B+25.9%	$163.7B-4.6%	$171.5B+4.1%	$164.8B-12.4%	$188.1B+7.9%	$174.3B+14.2%	$152.6B+12.5%	$135.7B+9.1%	$124.3B+17.9%	$105.4B+17.0%	$90.1B+14.6%	$78.7B	N/A
Cash & Equivalents	$30.7B+30.9%	$23.5B-2.4%	$24.0B+9.9%	$21.9B+4.5%	$20.9B-20.9%	$26.5B+43.1%	$18.5B+10.8%	$16.7B+55.9%	$10.7B-17.1%	$12.9B-21.9%	$16.5B-9.8%	$18.3B-2.9%	$18.9B
Short-Term Investments	$96.1B+33.2%	$72.2B-16.9%	$86.9B-5.5%	$91.9B-22.6%	$118.7B+7.7%	$110.2B+8.9%	$101.2B+9.5%	$92.4B+1.4%	$91.2B+24.2%	$73.4B+29.9%	$56.5B+22.7%	$46.0B	$0
Inventory	$2.4B	N/A	N/A	$2.7B+128.2%	$1.2B+60.7%	$728.0M-27.1%	$999.0M-9.8%	$1.1B+47.8%	$749.0M+179.5%	$268.0M-45.4%	$491.0M	N/A	N/A
Accounts Receivable	$62.9B+20.1%	$52.3B+9.1%	$48.0B+19.1%	$40.3B+2.4%	$39.3B+27.1%	$30.9B+22.1%	$25.3B+21.5%	$20.8B+13.6%	$18.3B+29.7%	$14.1B+22.3%	$11.6B+23.2%	$9.4B	N/A
Long-Term Investments	$68.7B+25722.2%	$266.0M-81.0%	$1.4B+74.3%	$803.0M-42.6%	$1.4B-93.2%	$20.7B+58.3%	$13.1B-5.6%	$13.9B+77.4%	$7.8B+32.9%	$5.9B+13.4%	$5.2B+68.3%	$3.1B	$0
Goodwill	$33.4B+4.7%	$31.9B+9.2%	$29.2B+0.8%	$29.0B+26.2%	$23.0B+8.4%	$21.2B+2.7%	$20.6B+15.3%	$17.9B+6.8%	$16.7B+1.7%	$16.5B+3.8%	$15.9B+1.7%	$15.6B+35.7%	$11.5B
Total Liabilities	$180.0B+43.8%	$125.2B+5.2%	$119.0B+9.1%	$109.1B+1.4%	$107.6B+10.9%	$97.1B+30.4%	$74.5B+35.0%	$55.2B+23.2%	$44.8B+57.4%	$28.5B+4.9%	$27.1B+7.1%	$25.3B	N/A
Current Liabilities	$102.7B+15.3%	$89.1B+8.9%	$81.8B+18.1%	$69.3B+7.9%	$64.3B+13.1%	$56.8B+25.7%	$45.2B+30.6%	$34.6B+43.2%	$24.2B+44.3%	$16.8B-13.2%	$19.3B+15.1%	$16.8B	N/A
Non-Current Liabilities	$77.3B+114.3%	$36.0B-3.1%	$37.2B-6.6%	$39.8B-8.2%	$43.4B+7.8%	$40.2B+37.6%	$29.2B+42.4%	$20.5B-0.3%	$20.6B+76.1%	$11.7B+49.7%	$7.8B-8.5%	$8.5B	N/A
Long-Term Debt	$46.5B+327.7%	$10.9B-8.3%	$11.9B-19.3%	$14.7B-0.8%	$14.8B+6.4%	$13.9B+252.0%	$4.0B+0.2%	$4.0B+0.2%	$3.9B+0.2%	$3.9B+97.2%	$2.0B-33.3%	$3.0B	N/A
Total Equity	$415.3B+27.7%	$325.1B+14.7%	$283.4B+10.6%	$256.1B+1.8%	$251.6B+13.1%	$222.5B+10.5%	$201.4B+13.4%	$177.6B+16.5%	$152.5B+9.7%	$139.0B+15.5%	$120.3B+15.9%	$103.9B+19.4%	$87.0B
Retained Earnings	$324.1B+32.2%	$245.1B+16.0%	$211.2B+8.0%	$195.6B+2.1%	$191.5B+17.2%	$163.4B+7.4%	$152.1B+12.8%	$134.9B+19.1%	$113.2B+7.7%	$105.1B+17.8%	$89.2B+18.9%	$75.1B	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$922.0B+83.6%	$703.9B+48.1%	$595.3B+32.2%	$536.5B+24.7%	$502.1B+21.0%	$475.4B+16.7%	$450.3B+11.9%	$430.3B+8.5%
Current Assets	$343.5B+106.7%	$213.8B+31.9%	$206.0B+25.9%	$173.9B+10.4%	$166.2B+2.6%	$162.1B-2.1%	$163.7B-4.6%	$157.5B-10.6%
Cash & Equivalents	$55.9B+165.8%	$38.1B+63.6%	$30.7B+30.9%	$23.1B+15.7%	$21.0B-22.7%	$23.3B-5.0%	$23.5B-2.4%	$20.0B-35.0%
Short-Term Investments	$186.6B+151.7%	$88.8B+23.2%	$96.1B+33.2%	$75.4B+2.9%	$74.1B+0.8%	$72.1B-13.8%	$72.2B-16.9%	$73.3B-17.9%
Inventory	$10.0B	N/A	$2.4B	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$69.2B+25.7%	$63.0B+23.5%	$62.9B+20.1%	$57.1B+16.4%	$55.0B+16.9%	$51.0B+14.5%	$52.3B+9.1%	$49.1B+19.7%
Long-Term Investments	$131.5B+150.0%	$106.9B+28343.1%	$68.7B+25722.2%	$63.8B+25117.4%	$52.6B+18948.6%	$376.0M-73.1%	$266.0M-81.0%	$253.0M-73.6%
Goodwill	$57.8B+78.8%	$57.8B+79.6%	$33.4B+4.7%	$33.3B+4.2%	$32.3B+10.8%	$32.2B+10.2%	$31.9B+9.2%	$31.9B+9.6%
Total Liabilities	$281.5B+102.3%	$225.2B+73.1%	$180.0B+43.8%	$149.6B+28.8%	$139.1B+22.0%	$130.1B+13.6%	$125.2B+5.2%	$116.1B-6.0%
Current Liabilities	$126.1B+44.4%	$111.2B+21.3%	$102.7B+15.3%	$99.5B+23.2%	$87.3B+12.1%	$91.7B+19.0%	$89.1B+8.9%	$80.8B-6.4%
Non-Current Liabilities	$155.4B+199.8%	$114.0B+196.4%	$77.3B+114.3%	$50.1B+41.6%	$51.8B+43.5%	$38.5B+2.5%	$36.0B-3.1%	$35.3B-5.0%
Long-Term Debt	$98.2B+315.8%	$77.5B+611.9%	$46.5B+327.7%	$21.6B+75.7%	$23.6B+78.3%	$10.9B-17.7%	$10.9B-8.3%	$12.3B-10.8%
Total Equity	$640.5B+76.5%	$478.7B+38.7%	$415.3B+27.7%	$386.9B+23.2%	$362.9B+20.7%	$345.3B+17.9%	$325.1B+14.7%	$314.1B+15.0%
Retained Earnings	$493.4B+78.9%	$384.0B+46.2%	$324.1B+32.2%	$297.2B+26.3%	$275.8B+22.0%	$262.6B+19.5%	$245.1B+16.0%	$235.3B+14.4%

GOOGM Cash Flow Statement

GOOGM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Operating Cash Flow	$185.7B	$164.7B+31.5%	$125.3B+23.1%	$101.7B+11.2%	$91.5B-0.2%	$91.7B+40.7%	$65.1B+19.4%	$54.5B+13.7%	$48.0B+29.3%	$37.1B+2.9%	$36.0B+35.6%	$26.6B+15.4%	$23.0B+20.3%	$19.1B
Depreciation & Amortization	N/A	$21.7B+37.9%	$15.7B+26.7%	$12.4B-11.0%	$13.9B+35.8%	$10.3B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Stock-Based Compensation	N/A	$25.0B+9.5%	$22.8B+1.4%	$22.5B+16.0%	$19.4B+25.9%	$15.4B+18.4%	$13.0B+20.4%	$10.8B+15.4%	$9.4B+21.8%	$7.7B+14.6%	$6.7B+28.8%	$5.2B+21.6%	$4.3B+28.0%	$3.3B
Capital Expenditures	$132.4B	$91.4B+74.1%	$52.5B+62.9%	$32.3B+2.4%	$31.5B+27.8%	$24.6B+10.6%	$22.3B-5.4%	$23.5B-6.3%	$25.1B+90.7%	$13.2B+29.1%	$10.2B+2.6%	$9.9B-9.7%	$11.0B+49.7%	$7.4B
Free Cash Flow	$53.3B	$73.3B+0.7%	$72.8B+4.7%	$69.5B+15.8%	$60.0B-10.4%	$67.0B+56.4%	$42.8B+38.3%	$31.0B+35.7%	$22.8B-4.5%	$23.9B-7.4%	$25.8B+55.4%	$16.6B+38.4%	$12.0B+1.9%	$11.8B
Investing Cash Flow	-$225.4B	-$120.3B-164.2%	-$45.5B-68.3%	-$27.1B-33.3%	-$20.3B+42.9%	-$35.5B-8.4%	-$32.8B-11.1%	-$29.5B-3.5%	-$28.5B+9.2%	-$31.4B-0.8%	-$31.2B-31.4%	-$23.7B-12.6%	-$21.1B-53.9%	-$13.7B
Financing Cash Flow	$75.0B	-$37.4B+53.1%	-$79.7B-10.6%	-$72.1B-3.3%	-$69.8B-13.7%	-$61.4B-151.4%	-$24.4B-5.2%	-$23.2B-76.1%	-$13.2B-58.8%	-$8.3B+0.4%	-$8.3B-97.2%	-$4.2B-102.4%	-$2.1B-56.0%	-$1.3B
Dividends Paid	N/A	$10.0B+36.5%	$7.4B	$0	$0	N/A	N/A	N/A	N/A	$0	$0-100.0%	$47.0M	$0	$0
Share Buybacks	$17.4B	$45.7B-26.5%	$62.2B+1.2%	$61.5B+3.7%	$59.3B+17.9%	$50.3B+61.4%	$31.1B+69.3%	$18.4B+102.7%	$9.1B+87.3%	$4.8B+31.2%	$3.7B+107.5%	$1.8B	$0	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$39.1B+40.8%	$45.8B+26.7%	$52.4B+34.0%	$48.4B+57.7%	$27.7B+4.2%	$36.1B+25.3%	$39.1B+106.8%	$30.7B+0.1%
Depreciation & Amortization	$7.7B+47.7%	$6.9B+46.4%	$6.2B+44.2%	$5.8B+40.6%	$5.2B+37.5%	$4.7B+34.6%	$4.3B+30.3%	$4.1B+29.3%
Stock-Based Compensation	$8.0B+33.3%	$6.8B+22.4%	N/A	$6.4B+8.5%	$6.0B+1.7%	$5.5B+4.8%	N/A	$5.9B+1.7%
Capital Expenditures	$44.9B+100.1%	$35.7B+107.4%	$27.9B+95.1%	$24.0B+83.4%	$22.4B+70.2%	$17.2B+43.2%	$14.3B+29.6%	$13.1B+62.1%
Free Cash Flow	-$5.9B-210.5%	$10.1B-46.6%	$24.6B-1.2%	$24.5B+38.7%	$5.3B-60.6%	$19.0B+12.6%	$24.8B+214.6%	$17.6B-22.0%
Investing Cash Flow	-$82.4B-235.9%	-$63.4B-291.4%	-$51.8B-220.0%	-$27.8B-54.2%	-$24.5B-782.6%	-$16.2B-89.1%	-$16.2B-162.4%	-$18.0B-151.9%
Financing Cash Flow	$61.2B+1150.1%	$25.1B+224.1%	$7.0B+136.9%	-$18.4B+8.5%	-$5.8B+72.1%	-$20.2B-2.5%	-$19.0B+1.4%	-$20.1B-9.3%
Dividends Paid	N/A	$2.5B+4.4%	$2.5B+3.8%	$2.5B+3.3%	$2.5B0.0%	$2.4B	$2.4B	$2.5B
Share Buybacks	$0-100.0%	$0-100.0%	$5.5B-64.6%	$11.9B-22.2%	$13.2B-15.6%	$15.1B-4.0%	$15.6B-4.0%	$15.3B-3.1%

GOOGM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GOOGM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Gross Margin	59.7%+1.5pp	58.2%+1.6pp	56.6%+1.3pp	55.4%-1.6pp	56.9%+3.4pp	53.6%-2.0pp	55.6%-0.9pp	56.5%-2.4pp	58.9%-2.2pp	61.1%-1.4pp	62.4%+1.4pp	61.1%+0.7pp	60.4%
Operating Margin	32.0%-0.1pp	32.1%+4.7pp	27.4%+1.0pp	26.5%-4.1pp	30.6%+8.0pp	22.6%+1.4pp	21.1%+1.0pp	20.1%-3.5pp	23.6%-2.7pp	26.3%+0.5pp	25.8%+0.8pp	25.0%-2.7pp	27.7%
Net Margin	32.8%+4.2pp	28.6%+4.6pp	24.0%+2.8pp	21.2%-8.3pp	29.5%+7.4pp	22.1%+0.8pp	21.2%-1.2pp	22.5%+11.0pp	11.4%-10.2pp	21.6%-0.2pp	21.8%+0.4pp	21.4%-1.5pp	22.9%
Return on Equity	31.8%+1.0pp	30.8%+4.8pp	26.0%+2.6pp	23.4%-6.8pp	30.2%+12.1pp	18.1%+1.0pp	17.1%-0.2pp	17.3%+9.0pp	8.3%-5.7pp	14.0%+0.4pp	13.6%0.0pp	13.6%-1.0pp	14.6%
Return on Assets	22.2%0.0pp	22.2%+3.9pp	18.3%+1.9pp	16.4%-4.7pp	21.2%+8.6pp	12.6%+0.2pp	12.4%-0.8pp	13.2%+6.8pp	6.4%-5.2pp	11.6%+0.5pp	11.1%+0.2pp	10.9%	N/A
Current Ratio	2.01+0.2x	1.84-0.3x	2.10-0.3x	2.38-0.6x	2.93-0.1x	3.07-0.3x	3.37-0.5x	3.92-1.2x	5.14-1.2x	6.29+1.6x	4.670.0x	4.69	N/A
Debt-to-Equity	0.11+0.1x	0.030.0x	0.040.0x	0.060.0x	0.060.0x	0.060.0x	0.020.0x	0.020.0x	0.030.0x	0.030.0x	0.020.0x	0.03	N/A
Asset Turnover	0.68-0.1x	0.780.0x	0.760.0x	0.77+0.1x	0.72+0.1x	0.570.0x	0.590.0x	0.590.0x	0.560.0x	0.540.0x	0.510.0x	0.51	N/A
FCF Margin	18.2%-2.6pp	20.8%-1.8pp	22.6%+1.4pp	21.2%-4.8pp	26.0%+2.5pp	23.5%+4.3pp	19.1%+2.4pp	16.7%-4.9pp	21.6%-7.0pp	28.6%+6.4pp	22.2%+4.0pp	18.2%-3.0pp	21.2%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	61.7%+2.1pp	62.5%+2.8pp	59.8%+1.9pp	59.6%+0.9pp	59.5%+1.4pp	59.7%+1.6pp	57.9%+1.4pp	58.7%+2.0pp
Operating Margin	34.0%+1.6pp	36.1%+2.2pp	31.6%-0.5pp	30.5%-1.8pp	32.4%+0.1pp	33.9%+2.3pp	32.1%+4.6pp	32.3%+4.5pp
Net Margin	93.7%+64.4pp	56.9%+18.7pp	30.3%+2.8pp	34.2%+4.4pp	29.2%+1.4pp	38.3%+8.9pp	27.5%+3.5pp	29.8%+4.1pp
Return on Equity	17.5%+9.7pp	13.1%+3.1pp	8.3%+0.1pp	9.0%+0.7pp	7.8%-0.1pp	10.0%+1.9pp	8.2%+0.9pp	8.4%+1.2pp
Return on Assets	12.2%+6.6pp	8.9%+1.6pp	5.8%-0.1pp	6.5%+0.4pp	5.6%-0.1pp	7.3%+1.5pp	5.9%+0.8pp	6.1%+1.2pp
Current Ratio	2.72+0.8x	1.92+0.2x	2.01+0.2x	1.75-0.2x	1.90-0.2x	1.77-0.4x	1.84-0.3x	1.95-0.1x
Debt-to-Equity	0.15+0.1x	0.16+0.1x	0.11+0.1x	0.060.0x	0.070.0x	0.030.0x	0.030.0x	0.040.0x
Asset Turnover	0.13-0.1x	0.160.0x	0.190.0x	0.190.0x	0.190.0x	0.190.0x	0.210.0x	0.210.0x
FCF Margin	-4.9%-10.4pp	9.2%-11.8pp	21.6%-4.2pp	23.9%+3.9pp	5.5%-10.4pp	21.0%+0.1pp	25.8%+16.6pp	20.0%-9.5pp

Where Alphabet Inc. Ranks

Frequently Asked Questions

What is Alphabet Inc.'s annual revenue?

Alphabet Inc. (GOOGM) reported $402.8B in total revenue for fiscal year 2025. This represents a 15.1% 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. (GOOGM) revenue grew by 15.1% year-over-year, from $350.0B to $402.8B in fiscal year 2025.

Is Alphabet Inc. profitable?

Yes, Alphabet Inc. (GOOGM) reported a net income of $132.2B in fiscal year 2025, with a net profit margin of 32.8%.

What is Alphabet Inc.'s EBITDA?

Alphabet Inc. (GOOGM) had EBITDA of $150.7B 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. (GOOGM) had $30.7B in cash and equivalents against $46.5B in long-term debt.

What is Alphabet Inc.'s gross margin?

Alphabet Inc. (GOOGM) had a gross margin of 59.7% 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. (GOOGM) had an operating margin of 32.0% 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. (GOOGM) had a net profit margin of 32.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Alphabet Inc. pay dividends?

Yes, Alphabet Inc. (GOOGM) paid $0.83 per share in dividends during fiscal year 2025.

What is Alphabet Inc.'s return on equity (ROE)?

Alphabet Inc. (GOOGM) has a return on equity of 31.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Alphabet Inc.'s free cash flow?

Alphabet Inc. (GOOGM) generated $73.3B in free cash flow during fiscal year 2025. This represents a 0.7% 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. (GOOGM) generated $164.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Alphabet Inc.'s total assets?

Alphabet Inc. (GOOGM) had $595.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Alphabet Inc.'s capital expenditures?

Alphabet Inc. (GOOGM) invested $91.4B 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. (GOOGM) invested $61.1B in research and development during fiscal year 2025.

Does Alphabet Inc. buy back shares?

Yes, Alphabet Inc. (GOOGM) spent $45.7B 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. (GOOGM) had 12.09B shares outstanding as of fiscal year 2025.

What is Alphabet Inc.'s current ratio?

Alphabet Inc. (GOOGM) had a current ratio of 2.01 as of fiscal year 2025, which is generally considered healthy.

What is Alphabet Inc.'s debt-to-equity ratio?

Alphabet Inc. (GOOGM) had a debt-to-equity ratio of 0.11 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. (GOOGM) had a return on assets of 22.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Alphabet Inc.'s Piotroski F-Score?

Alphabet Inc. (GOOGM) has a Piotroski F-Score of 6 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 to 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. (GOOGM) has an earnings quality ratio of 1.25x, 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. (GOOGM) has an interest coverage ratio of 175.32x, 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.