Q2 FY2026, built from SEC filings. Accession numbers are cited throughout so every figure can be checked against sec.gov. The same data is published as JSON at financials.json for agents that prefer to fetch it directly.
standard (internet/technology operating company): revenue and revenue mix, cost of revenues and operating expenses, operating and net income, per-share figures, balance sheet with cash/investments and debt, and cash flow with capital expenditures and free cash flow. Alphabet's reported segments (Google Services, Google Cloud, Other Bets) and revenue lines (Search, YouTube ads, Network, subscriptions/platforms/devices, Cloud) are carried through because the company manages and discloses the business that way.
Reporting currency
USD
Converted to USD
no
Units
actual dollars (not millions); share counts in actual shares; per-share figures in dollars per share
Annual
FY2023
FY2024
FY2025
Fiscal year
2023
2024
2025
Period end
2023-12-31
2024-12-31
2025-12-31
Source accession
0001652044-26-000018
0001652044-26-000018
0001652044-26-000018
Source note
Income statement and cash flow taken from the three-year columns of the FY2025 10-K. That 10-K's balance sheet presents only December 31, 2024 and December 31, 2025, so no 2023 balance sheet is reported here.
Income statement
Revenue
307,394,000,000
350,018,000,000
402,836,000,000
Cost of revenue
133,332,000,000
146,306,000,000
162,535,000,000
Gross profit
174,062,000,000
203,712,000,000
240,301,000,000
Research and development
45,427,000,000
49,326,000,000
61,087,000,000
Sales and marketing
27,917,000,000
27,808,000,000
28,693,000,000
General and administrative
16,425,000,000
14,188,000,000
21,482,000,000
Total costs and expenses
223,101,000,000
237,628,000,000
273,797,000,000
Operating income
84,293,000,000
112,390,000,000
129,039,000,000
Other income expense net
1,424,000,000
7,425,000,000
29,787,000,000
Income before income taxes
85,717,000,000
119,815,000,000
158,826,000,000
Provision for income taxes
11,922,000,000
19,697,000,000
26,656,000,000
Net income
73,795,000,000
100,118,000,000
132,170,000,000
Basic EPS
5.84
8.13
10.91
Diluted EPS
5.8
8.04
10.81
Basic shares
12,630,000,000
12,319,000,000
12,116,000,000
Diluted shares
12,722,000,000
12,447,000,000
12,230,000,000
Revenue by type
Google search and other
175,033,000,000
198,084,000,000
224,532,000,000
YouTube ads
31,510,000,000
36,147,000,000
40,367,000,000
Google network
31,312,000,000
30,359,000,000
29,792,000,000
Google advertising total
237,855,000,000
264,590,000,000
294,691,000,000
Google subscriptions platforms and devices
34,688,000,000
40,340,000,000
48,030,000,000
Google services total
272,543,000,000
304,930,000,000
342,721,000,000
Google cloud
33,088,000,000
43,229,000,000
58,705,000,000
Other bets
1,527,000,000
1,648,000,000
1,537,000,000
Hedging gains losses
236,000,000
211,000,000
-127,000,000
Total revenues
307,394,000,000
350,018,000,000
402,836,000,000
Segments
Google services
Revenue
272,543,000,000
304,930,000,000
342,721,000,000
Operating income
95,858,000,000
121,263,000,000
139,404,000,000
Google cloud
Revenue
33,088,000,000
43,229,000,000
58,705,000,000
Operating income
1,716,000,000
6,112,000,000
13,910,000,000
Other bets
Revenue
1,527,000,000
1,648,000,000
1,537,000,000
Operating income
-4,095,000,000
-4,444,000,000
-7,515,000,000
Hedging gains losses
Revenue
236,000,000
211,000,000
-127,000,000
Operating income
n/a
n/a
n/a
Alphabet level activities
Revenue
n/a
n/a
n/a
Operating income
-9,186,000,000
-10,541,000,000
-16,760,000,000
Total
Revenue
307,394,000,000
350,018,000,000
402,836,000,000
Operating income
84,293,000,000
112,390,000,000
129,039,000,000
Balance sheet
Total assets
n/a
450,256,000,000
595,281,000,000
Total debt
n/a
15,859,000,000
51,043,000,000
Total equity
n/a
325,084,000,000
415,265,000,000
Note
Not presented in the FY2025 10-K, which shows balance sheets only as of December 31, 2024 and December 31, 2025.
Cash and cash equivalents
23,466,000,000
30,708,000,000
Marketable securities
72,191,000,000
96,135,000,000
Total cash equivalents and marketable securities
95,657,000,000
126,843,000,000
Accounts receivable net
52,340,000,000
62,886,000,000
Total current assets
163,711,000,000
206,038,000,000
Non marketable securities
37,982,000,000
68,687,000,000
Property and equipment net
171,036,000,000
246,597,000,000
Goodwill
31,885,000,000
33,380,000,000
Total current liabilities
89,122,000,000
102,745,000,000
Long term debt
10,883,000,000
46,547,000,000
Current portion of long term notes
999,000,000
1,996,000,000
Commercial paper
2,300,000,000
0
Finance lease liabilities
1,677,000,000
2,500,000,000
Operating lease liabilities total
14,578,000,000
15,954,000,000
Total liabilities
125,172,000,000
180,016,000,000
Shares issued and outstanding
12,211,000,000
12,088,000,000
Cash flow
Operating cash flow
101,746,000,000
125,299,000,000
164,713,000,000
Capex
32,251,000,000
52,535,000,000
91,447,000,000
Free cash flow
69,495,000,000
72,764,000,000
73,266,000,000
Dividends paid
0
7,363,000,000
10,049,000,000
Share repurchases
61,504,000,000
62,222,000,000
45,709,000,000
Depreciation of property and equipment
11,946,000,000
15,311,000,000
21,136,000,000
Stock based compensation
22,460,000,000
22,785,000,000
24,953,000,000
Quarterly
2025-06-30
2026-06-30
Period end
2025-06-30
2026-06-30
Period label
Q2 2025 (three months ended June 30, 2025)
Q2 2026 (three months ended June 30, 2026)
Period type
three months
three months
Source accession
0001652044-26-000071
0001652044-26-000071
Source note
Prior-year comparative column of the quarterly report for the quarter ended June 30, 2026.
Income statement
Revenue
96,428,000,000
119,796,000,000
Cost of revenue
39,039,000,000
45,943,000,000
Gross profit
57,389,000,000
73,853,000,000
Research and development
13,808,000,000
18,219,000,000
Sales and marketing
7,101,000,000
8,403,000,000
General and administrative
5,209,000,000
6,461,000,000
Total costs and expenses
65,157,000,000
79,026,000,000
Operating income
31,271,000,000
40,770,000,000
Other income expense net
2,662,000,000
97,983,000,000
Income before income taxes
33,933,000,000
138,753,000,000
Provision for income taxes
5,737,000,000
26,560,000,000
Net income
28,196,000,000
112,193,000,000
Preferred stock dividends
0
86,000,000
Net income available to common stockholders
28,196,000,000
112,107,000,000
Basic EPS
2.33
9.23
Diluted EPS
2.31
9.11
Basic shares
12,122,000,000
12,151,000,000
Diluted shares
12,198,000,000
12,309,000,000
Revenue by type
Google search and other
54,190,000,000
63,271,000,000
YouTube ads
9,796,000,000
11,055,000,000
Google network
7,354,000,000
7,303,000,000
Google advertising total
71,340,000,000
81,629,000,000
Google subscriptions platforms and devices
11,203,000,000
12,911,000,000
Google services total
82,543,000,000
94,540,000,000
Google cloud
13,624,000,000
24,768,000,000
Other bets
373,000,000
382,000,000
Hedging gains losses
-112,000,000
106,000,000
Total revenues
96,428,000,000
119,796,000,000
Segments
Google services
Revenue
82,543,000,000
94,540,000,000
Operating income
33,063,000,000
39,544,000,000
Google cloud
Revenue
13,624,000,000
24,768,000,000
Operating income
2,826,000,000
8,814,000,000
Other bets
Revenue
373,000,000
382,000,000
Operating income
-1,246,000,000
-1,799,000,000
Hedging gains losses
Revenue
-112,000,000
106,000,000
Operating income
n/a
n/a
Alphabet level activities
Revenue
n/a
n/a
Operating income
-3,372,000,000
-5,789,000,000
Total
Revenue
96,428,000,000
119,796,000,000
Operating income
31,271,000,000
40,770,000,000
Balance sheet
Cash and cash equivalents
55,911,000,000
Marketable securities
186,563,000,000
Total cash equivalents and marketable securities
242,474,000,000
Accounts receivable net
69,175,000,000
Inventory
9,991,000,000
Total current assets
343,524,000,000
Non marketable securities
131,461,000,000
Property and equipment net
321,212,000,000
Goodwill
57,828,000,000
Intangible assets net
9,105,000,000
Total assets
921,983,000,000
Total current liabilities
126,111,000,000
Long term debt
98,165,000,000
Current portion of long term notes
1,999,000,000
Commercial paper
0
Finance lease liabilities
2,590,000,000
Total debt
102,754,000,000
Operating lease liabilities total
18,037,000,000
Total liabilities
281,503,000,000
Preferred stock and additional paid in capital
18,023,000,000
Total equity
640,480,000,000
Shares issued and outstanding
12,230,000,000
Capital expenditures for the quarter
44,924,000,000
Capital expenditures note
The quarterly report for this period presents its cash flow statement on a six-month basis. These three-month figures come from the free cash flow reconciliation in Alphabet's Q2 2026 earnings release, furnished as Exhibit 99.1 to the Form 8-K filed July 22, 2026 (accession 0001652044-26-000066), which states net cash provided by operating activities of $39,069 million less purchases of property and equipment of $44,924 million, giving free cash flow of $(5,855) million for the quarter. The same reconciliation's quarterly columns sum to the six-month totals in the quarterly report.
Operating cash flow for the quarter
39,069,000,000
Free cash flow for the quarter
-5,855,000,000
Quarterly cash flow source accession
0001652044-26-000066
Year to date
2025-06-30
2026-06-30
Period start
2025-01-01
2026-01-01
Period end
2025-06-30
2026-06-30
Period label
Six months ended June 30, 2025
Six months ended June 30, 2026
Source accession
0001652044-26-000071
0001652044-26-000071
Income statement
Revenue
186,662,000,000
229,692,000,000
Cost of revenue
75,400,000,000
87,214,000,000
Gross profit
111,262,000,000
142,478,000,000
Research and development
27,364,000,000
35,251,000,000
Sales and marketing
13,273,000,000
16,009,000,000
General and administrative
8,748,000,000
10,752,000,000
Operating income
61,877,000,000
80,466,000,000
Other income expense net
13,845,000,000
135,699,000,000
Income before income taxes
75,722,000,000
216,165,000,000
Provision for income taxes
12,986,000,000
41,394,000,000
Net income
62,736,000,000
174,771,000,000
Net income available to common stockholders
62,736,000,000
174,685,000,000
Basic EPS
5.16
14.41
Diluted EPS
5.12
14.24
Basic shares
12,153,000,000
12,125,000,000
Diluted shares
12,245,000,000
12,274,000,000
Preferred stock dividends
86,000,000
Revenue by type
Google search and other
104,892,000,000
123,670,000,000
YouTube ads
18,723,000,000
20,938,000,000
Google network
14,610,000,000
14,274,000,000
Google advertising total
138,225,000,000
158,882,000,000
Google subscriptions platforms and devices
21,582,000,000
25,295,000,000
Google services total
159,807,000,000
184,177,000,000
Google cloud
25,884,000,000
44,796,000,000
Other bets
823,000,000
793,000,000
Hedging gains losses
148,000,000
-74,000,000
Total revenues
186,662,000,000
229,692,000,000
Segments
Google services
Revenue
159,807,000,000
184,177,000,000
Operating income
65,745,000,000
80,133,000,000
Google cloud
Revenue
25,884,000,000
44,796,000,000
Operating income
5,003,000,000
15,412,000,000
Other bets
Revenue
823,000,000
793,000,000
Operating income
-2,472,000,000
-3,899,000,000
Hedging gains losses
Revenue
148,000,000
-74,000,000
Operating income
n/a
n/a
Alphabet level activities
Revenue
n/a
n/a
Operating income
-6,399,000,000
-11,180,000,000
Total
Revenue
186,662,000,000
229,692,000,000
Operating income
61,877,000,000
80,466,000,000
Cash flow
Operating cash flow
63,897,000,000
84,859,000,000
Capex
39,643,000,000
80,598,000,000
Free cash flow
24,254,000,000
4,261,000,000
Dividends paid
4,977,000,000
5,231,000,000
Share repurchases
28,306,000,000
0
Depreciation of property and equipment
9,485,000,000
13,586,000,000
Stock based compensation
11,514,000,000
14,708,000,000
Proceeds from issuance of debt net
31,378,000,000
56,226,000,000
Repayments of debt
18,397,000,000
5,253,000,000
Acquisitions net of cash and intangibles
353,000,000
33,697,000,000
Proceeds from issuance of common stock net
30,499,000,000
Proceeds from issuance of mandatory convertible preferred stock net
19,063,000,000
Trailing twelve months
2026-06-30
Period end
2026-06-30
Derivation
Revenue and income: fiscal year 2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025. Operating cash flow, capital expenditures and free cash flow are as presented in the trailing-twelve-month column of the Q2 2026 earnings release free cash flow reconciliation.
Alphabet's only stock split on record is the 20-for-1 forward split effective July 18, 2022. Every period reported here ends after that date, and the filings already present all share counts and per-share amounts on the post-split basis, so no split adjustment was needed.
ADR ratio
n/a
FX
None applied. Alphabet reports in US dollars, so no currency conversion was required. The company does issue debt in euros, sterling, Swiss francs, Canadian dollars and yen; those balances are already translated into US dollars in the filings' own debt tables.
Capital structure and transactions
June 4, 2026 equity offering: Alphabet sold 29 million Class A shares at $355.1982 and 29 million Class C shares at $351.8018 in an underwritten public offering, and concurrently placed 14 million Class A and 14 million Class C shares privately with an affiliate of Berkshire Hathaway Inc. Net proceeds were $20.5 billion from the public offering and $10.0 billion from the private placement (quarterly report for the quarter ended June 30, 2026, accession 0001652044-26-000071).
June 5, 2026 preferred issuance: 385 million Series A and Series B depositary shares representing 19 million shares of 6.25% mandatory convertible preferred stock, liquidation preference $1,000 per share, for aggregate net proceeds of $19.0 billion. The shares convert on or about May 15, 2029 at a rate of 2.2520 to 2.8160 Class A shares (Series A) and 2.2740 to 2.8420 Class C shares (Series B). Alphabet paid a $1.0 billion premium for capped call transactions to limit the dilution, recorded as a reduction of equity (same filing).
At-the-market program: on June 1, 2026 Alphabet entered an equity distribution agreement to sell up to $40.0 billion of Class A and Class C stock over time, primarily to fund tax obligations on employee equity grants. No shares had been sold under it as of June 30, 2026 (same filing).
Acquisitions: Wiz closed March 11, 2026 for $29.5 billion, allocated to $8.3 billion of intangible assets and $22.7 billion of goodwill within the Google Cloud segment; Intersect, a renewable energy developer, closed March 10, 2026 for $5.9 billion. Together they are the main reason goodwill rose from $33.4 billion to $57.8 billion in the first half of 2026 (same filing).
Pending divestiture: in March 2026 Alphabet agreed to contribute its GFiber ownership interest to a newly formed entity in exchange for $1.5 billion of cash, a $2.0 billion note receivable and a 49.99% equity interest, expected to close in late 2026. GFiber is classified as held for sale, with $7.1 billion of property and equipment reported in other current assets as of June 30, 2026 (same filing).
Dividends: the quarterly common dividend was raised to $0.22 per share in April 2026 from $0.21. In July 2026 the board declared a $0.22 per common share dividend payable September 14, 2026 and a $12.15 per share dividend on each series of mandatory convertible preferred stock payable August 15, 2026 (same filing).
Buybacks: no Class A or Class C shares were repurchased in the three or six months ended June 30, 2026. Of the $70.0 billion repurchase authorization approved in April 2025, $69.5 billion remained available as of June 30, 2026 (same filing).
Debt: during the first half of 2026 Alphabet issued $20.0 billion of US dollar notes plus $31.8 billion equivalent of sterling, Swiss franc, euro, Canadian dollar and yen notes. Face value of long-term debt rose from $49.1 billion at December 31, 2025 to $101.1 billion at June 30, 2026 (same filing).
Selected operating metrics
Value
Employees 2025 12 31
190,820
Employees 2026 06 30
198,933
Revenue backlog 2026 06 30
519,500,000,000
Revenue backlog google cloud 2026 06 30
513,900,000,000
Revenue backlog note
Remaining performance obligations as of June 30, 2026, of which the company expects to recognize just over 50% as revenue within 24 months. In the first quarter of 2026 Alphabet began including contracts with an original expected term of one year or less in this measure, so it is not directly comparable with backlog disclosed before 2026 (quarterly report accession 0001652044-26-000071).
US share of revenue 2025
48%
US share of revenue q2 2026
51%
Notes
The annual and quarterly statement figures come from two filings: the FY2025 annual report on Form 10-K filed February 5, 2026 (accession 0001652044-26-000018) and the quarterly report on Form 10-Q for the quarter ended June 30, 2026 filed July 23, 2026 (accession 0001652044-26-000071). The three-month cash flow figures for the June 2026 quarter come from a third source, Alphabet's Q2 2026 earnings release furnished as Exhibit 99.1 to the Form 8-K filed July 22, 2026 (accession 0001652044-26-000066), because the quarterly report presents cash flow only on a six-month basis. No earlier filings were used, so annual history runs 2023-2025 for the income statement and cash flow and 2024-2025 for the balance sheet, which is exactly what the FY2025 10-K's own statement columns present.
Every statement in both filings is labeled in millions (per-share amounts in dollars, share counts in millions). All dollar amounts here are converted to actual dollars and all share counts to actual shares.
Gross profit is not a line item on Alphabet's income statement. It is computed here as revenues less cost of revenues, using the filings' own figures.
Total debt is built from the filings' debt and lease notes rather than a single balance sheet line, because Alphabet reports the current portion of its notes inside accrued expenses and other current liabilities. For December 31, 2025 it is $46.5 billion of long-term debt plus $2.0 billion current portion of long-term notes plus $2.5 billion of finance lease liabilities, with no commercial paper outstanding, totaling $51.0 billion. For June 30, 2026 it is $98.2 billion plus $2.0 billion plus $2.6 billion, totaling $102.8 billion. For December 31, 2024 it is $10.9 billion plus $1.0 billion current portion plus $2.3 billion of commercial paper plus $1.7 billion of finance leases, totaling $15.9 billion. Operating lease liabilities ($16.0 billion at December 31, 2025 and $18.0 billion at June 30, 2026) are reported separately and are not included in total debt.
The FY2025 10-K and the June 2026 10-Q present the December 31, 2025 balance sheet with slightly different groupings; the 10-Q breaks out inventory, intangible assets and non-current deferred income taxes that the 10-K included within other assets and other liabilities. The totals are identical, and this file uses each filing's own presentation for its own period.
Other income (expense), net is unusually large in fiscal 2025 and especially in 2026. It is dominated by unrealized marks on equity investments rather than operations: $99.0 billion of net gains on equity securities in the June 2026 quarter and $135.9 billion in the first half of 2026, of which $77.5 billion and $114.2 billion respectively were gross unrealized gains on non-marketable equity securities carried under the measurement alternative. The FY2025 10-K's subsequent-event note flagged roughly $32.0 billion of such unrealized gains recognized in January 2026. Operating income is the cleaner read on the underlying business.
The quarterly report presents its cash flow statement only for the six months ended June 30, so the cash flow statement figures appear here under the year-to-date section rather than per quarter. Three-month operating cash flow, capital expenditures and free cash flow for the June 2026 quarter are taken from the free cash flow reconciliation in Alphabet's Q2 2026 earnings release, furnished as Exhibit 99.1 to the Form 8-K filed July 22, 2026 (accession 0001652044-26-000066).
Per-share amounts reflect Alphabet's two-class method across Class A, Class B and Class C stock; the consolidated column of the earnings-per-share note is used throughout. From the June 2026 quarter, diluted earnings per common share also reflect the if-converted effect of the mandatory convertible preferred stock, and the numerator is net income less preferred dividends.
Free cash flow is defined here as operating cash flow less purchases of property and equipment. It is not a line item in the filings.
Uncertainties
No balance sheet is reported for fiscal 2023 because the FY2025 10-K presents balance sheets only as of December 31, 2024 and December 31, 2025.
Total debt is a constructed subtotal. Alphabet does not present a 'total debt' line, so the definition used here (notes payable including the current portion, commercial paper, and finance lease liabilities, excluding operating leases) is one reasonable reading; sources that include operating lease liabilities will show a larger figure.
The $1.3 billion drawn under Alphabet's credit facilities as of June 30, 2026 is captured in the total debt figure reported here. The long-term debt table adds an 'other long-term debt' line that goes from zero at December 31, 2025 to $1,686 million at June 30, 2026, and that line sits within the $101,085 million total face value of long-term debt and therefore within the $98,165 million carrying amount on the balance sheet. Total debt is not understated on this account.
The Wiz purchase price allocation is described as preliminary in the filing and may be revised in later periods.
Trailing-twelve-month revenue and income are derived by arithmetic (fiscal year 2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025) rather than reported as such by the company. The trailing-twelve-month cash flow figures are not derived: operating cash flow of $185,675 million, capital expenditures of $132,402 million and free cash flow of $53,273 million are stated in the trailing-twelve-month column of the free cash flow reconciliation in the Q2 2026 earnings release (accession 0001652044-26-000066).
Company details
Value
Name
Alphabet Inc.
Ticker
GOOGL
CIK
0001652044
Exchange
Nasdaq
State
California
Incorporation
Delaware
SIC
7370
Office
Technology
Industry
Services-Computer Programming, Data Processing, Etc.
Next filing
Value
Predicted date
2026-10-28
Predicted type
10-Q
Fiscal period
FY2026
Fiscal year
2026
Fiscal period
Q2
Tag
FY26Q2
Period end
2026-06-30
Form
10-Q
Accession
0001652044-26-000071
Fiscal year end
1231
Source
facts
Built from Alphabet Inc.'s SEC filings by Ticker Scout. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer. Also for this company: company index, financials.json, index.json.