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Financials

Alphabet Inc. (Class C) financials & valuation

Reported statements, fiscal periods and valuation definitions in one place.

Section freshness

Research as of Jun 30, 2026 · Prices as of Sep 28, 4:00 PM EDT · Fundamentals checked Sep 28, 6:14 PM EDT · Statements Jun 30, 2026

Financial statements

Revenue

402.84B

FY2025 · ended Dec 31, 2025

Operating Income

129.04B

FY2025 · ended Dec 31, 2025

Net Income

132.17B

FY2025 · ended Dec 31, 2025

Amounts in USD. B = billions · M = millions. Scroll horizontally for earlier periods.

Sources, units & calculation notes

TECHi unified data / SEC Companyfacts. Per-share figures are in USD/share; margins in %, debt/equity in ×. TTM sums four consecutive quarters; balance sheets remain period-end balances. Growth requires comparable positive values. EPS uses the provider’s reported share basis; missing direct quarters are unavailable, and mixed filing split bases are not summed. EPS growth and trend lines require matching documented accounting and split bases. Tab through controls; use arrow keys inside the table.

GOOG annual income
FY2025Ended Dec 31, 2025Filed Feb 5, 2026Source filing	FY2024Ended Dec 31, 2024Filed Feb 5, 2025Source filing	FY2023Ended Dec 31, 2023Filed Feb 5, 2025Source filing	FY2022Ended Dec 31, 2022Filed Feb 5, 2025Source filing	1Y change	3Y annual growth
402.84B	350.02B	307.39B	282.84B	15.1%	12.5%
129.04B	112.39B	84.29B	74.84B	14.8%	19.9%
132.17B	100.12B	73.8B	59.97B	32.0%	30.1%

Earnings quality · Dec 31, 2025

Net income: 132.17B
Free cash flow: 73.27B
Stock-based compensation: 24.95B
FCF / net income: 55.4%
Accrual gap / revenue: -8.1%
Cash conversion: Weak cash conversion

Accrual gap = (net income − operating cash flow) / revenue. TECHi descriptive thresholds: strong ≥100%, moderate 75–100%, weak <75%. CapEx timing, working capital and industry structure affect the ratio; it is not an accounting audit.

Download quarterly financial dataset

Changes between reports

Q2 Jun 30, 2026 versus Q1 Mar 31, 2026

Latest quarter compared with the preceding report. Margin changes are in percentage points (pp).

Revenue: 119.8B↑ +9.0%; Previous: 109.9B · USD
Operating margin: 34.03%↓ -2.1 pp; Previous: 36.12%
Net margin: 93.65%↑ +36.7 pp; Previous: 56.94%
Cash: 55.91B↑ +46.9%; Previous: 38.06B · USD
Debt: 100.16B↑ +26.0%; Previous: 79.5B · USD
Capex: 44.92B↑ +25.9%; Previous: 35.67B · USD
Stock-based compensation: 7.96B↑ +17.9%; Previous: 6.75B · USD

Reported-period comparison. Guidance and risk-factor changes require reading the filings.

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Valuation & ratios

Multiples with negative or missing earnings are not meaningful. Annual free cash flow yield uses the latest fiscal year; provider forward multiples may use a different earnings horizon.

Valuation history and definitions

5Y median / percentile: Five-year observations unavailable
Forward EPS vs trailing EPS: -40.71%
Forward P/E / expected EPS growth: —

EPS growth proxy compares the available annual estimate (FY2026 period end 2026-12-31) with trailing EPS; it is not a multi-year consensus growth rate. Historical valuation uses dated observations, using price divided by the annual EPS estimate recorded that day. Legacy provider P/E observations with an unknown earnings basis are excluded. Available P/E observations: 3 since 2026-09-26.

Why provider ratios differ · reconciliation

Forward P/E can use next fiscal year, current fiscal year or next-twelve-month earnings; trailing P/E can use GAAP or adjusted earnings and different closing prices. TECHi compares figures with the same earnings basis and reporting period. Different definitions are not averaged together.

Metric	Value / formula	Source and date
Reported forward P/E	—	Not supplied · period unknown · date unknown
Trailing P/E	17.03	Yahoo Finance · period unknown · 2026-09-28T22:14:49.038Z
Trailing EPS	19.92	Yahoo Finance · period unknown · 2026-09-28T22:14:49.038Z
Price ÷ annual EPS estimate	28.72×	TECHi calculation · FY2026 period end 2026-12-31

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