GOOGL

Alphabet Inc.Technology

10-K for period ending 2025-12-31filed 2026-02-05accession 0001652044-26-000018filing on sec.gov ↗

answer key

field	SEC value	XBRL concept	printed on
Total revenue	$402.8B	Revenues	Revenues
Operating income	$129.0B	OperatingIncomeLoss	Income from operations
Net income attributable to the company	$132.2B	NetIncomeLoss	Net income
Diluted EPS	$10.81	EarningsPerShareDiluted	Diluted net income per share (Note 12)
Cash and cash equivalents	$30.7B	CashAndCashEquivalentsAtCarryingValue	Cash and cash equivalents
Total assets	$595.3B	Assets	Total assets · Total liabilities and stockholders’ equity
Total liabilities	$180.0B	Liabilities	Total liabilities
Total shareholders' equity attributable to the company	$415.3B	StockholdersEquity	Total stockholders’ equity
Net cash from operating activities	$164.7B	NetCashProvidedByUsedInOperatingActivities	Net cash provided by operating activities
Net cash from investing activities	-$120.3B	NetCashProvidedByUsedInInvestingActivities	Net cash used in investing activities
Net cash from financing activities	-$37.4B	NetCashProvidedByUsedInFinancingActivities	Net cash used in financing activities

Income statement

table #75 · score 48.5 vs 23.5 runner-up · in millions

Year Ended December 31,
2023	2024	2025
Revenues	307,394	350,018	402,836
Costs and expenses:
Cost of revenues	133,332	146,306	162,535
Research and development	45,427	49,326	61,087
Sales and marketing	27,917	27,808	28,693
General and administrative	16,425	14,188	21,482
Total costs and expenses	223,101	237,628	273,797
Income from operations	84,293	112,390	129,039
Other income (expense), net	1,424	7,425	29,787
Income before income taxes	85,717	119,815	158,826
Provision for income taxes	11,922	19,697	26,656
Net income	73,795	100,118	132,170
Basic net income per share (Note 12)	5.84	8.13	10.91
Diluted net income per share (Note 12)	5.80	8.04	10.81

Balance sheet

table #73 · score 52.8 vs 8.8 runner-up · in millions

As of December 31,
2024	2025
Assets
Current assets:
Cash and cash equivalents	23,466	30,708
Marketable securities	72,191	96,135
Total cash, cash equivalents, and marketable securities	95,657	126,843
Accounts receivable, net	52,340	62,886
Other current assets	15,714	16,309
Total current assets	163,711	206,038
Non-marketable securities	37,982	68,687
Deferred income taxes	17,180	9,113
Property and equipment, net	171,036	246,597
Operating lease assets	13,588	15,221
Goodwill	31,885	33,380
Other non-current assets	14,874	16,245
Total assets	450,256	595,281
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	7,987	12,200
Accrued compensation and benefits	15,069	17,546
Accrued expenses and other current liabilities	51,228	55,557
Accrued revenue share	9,802	10,864
Deferred revenue	5,036	6,578
Total current liabilities	89,122	102,745
Long-term debt	10,883	46,547
Income taxes payable, non-current	8,782	9,531
Operating lease liabilities	11,691	12,744
Other long-term liabilities	4,694	8,449
Total liabilities	125,172	180,016
Commitments and Contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding	0	0
Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share: 300,000 shares authorized (Class A 180,000, Class B 60,000, Class C 60,000); 12,211 (Class A 5,835, Class B 861, Class C 5,515) and 12,088 (Class A 5,822, Class B 837, Class C 5,429) shares issued and outstanding	84,800	93,126
Accumulated other comprehensive income (loss)	(4,800)	(1,916)
Retained earnings	245,084	324,055
Total stockholders’ equity	325,084	415,265
Total liabilities and stockholders’ equity	450,256	595,281

Cash flow statement

table #81 · score 53.8 vs 7.8 runner-up · in millions

Year Ended December 31,
2023	2024	2025
Operating activities
Net income	73,795	100,118	132,170
Adjustments:
Depreciation of property and equipment	11,946	15,311	21,136
Stock-based compensation expense	22,460	22,785	24,953
Deferred income taxes	(7,763)	(5,257)	8,348
Loss (gain) on debt and equity securities, net	823	(2,671)	(24,620)
Other	4,330	3,419	2,108
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable, net	(7,833)	(5,891)	(8,779)
Income taxes, net	523	(2,418)	(3,226)
Other assets	(2,143)	(1,397)	(4,542)
Accounts payable	664	359	907
Accrued expenses and other liabilities	3,937	(1,161)	12,939
Accrued revenue share	482	1,059	899
Deferred revenue	525	1,043	2,420
Net cash provided by operating activities	101,746	125,299	164,713
Investing activities
Purchases of property and equipment	(32,251)	(52,535)	(91,447)
Purchases of marketable securities	(77,858)	(86,679)	(103,773)
Maturities and sales of marketable securities	86,672	103,428	83,240
Purchases of non-marketable securities	(3,027)	(5,034)	(5,716)
Maturities and sales of non-marketable securities	947	882	1,367
Acquisitions, net of cash acquired, and purchases of intangible assets	(495)	(2,931)	(1,592)
Other investing activities	(1,051)	(2,667)	(2,370)
Net cash used in investing activities	(27,063)	(45,536)	(120,291)
Financing activities
Net payments related to stock-based award activities	(9,837)	(12,190)	(14,167)
Repurchases of stock	(61,504)	(62,222)	(45,709)
Dividend payments	0	(7,363)	(10,049)
Proceeds from issuance of debt, net of costs	10,790	13,589	64,564
Repayments of debt	(11,550)	(12,701)	(32,427)
Proceeds from sale of interest in consolidated entities, net	8	1,154	400
Net cash used in financing activities	(72,093)	(79,733)	(37,388)
Effect of exchange rate changes on cash and cash equivalents	(421)	(612)	208
Net increase (decrease) in cash and cash equivalents	2,169	(582)	7,242
Cash and cash equivalents at beginning of period	21,879	24,048	23,466
Cash and cash equivalents at end of period	24,048	23,466	30,708
Supplemental disclosures of non-cash investing activities:
Purchases of property and equipment included in accrued liabilities and accounts payable	7,435	10,326	15,090