Alphabet Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	422,498	402,836	350,018	307,394	282,836	257,637
Revenue Growth (YoY)	17.45%	15.09%	13.87%	8.68%	9.78%	41.15%
Cost of Revenue	167,445	162,535	146,306	133,332	126,203	110,939
Gross Profit	255,053	240,301	203,712	174,062	156,633	146,698
Selling, General & Admin	52,361	50,175	41,996	44,342	42,291	36,422
Research & Development	64,563	61,087	49,326	45,427	39,500	31,562
Operating Expenses	116,924	111,262	91,322	89,769	81,791	67,984
Operating Income	138,129	129,039	112,390	84,293	74,842	78,714
Interest Expense	-1,235	-736	-268	-308	-357	-346
Interest & Investment Income	4,717	4,337	4,482	3,865	2,174	1,499
Earnings From Equity Investments	363	281	-188	-628	-337	334
Currency Exchange Gain (Loss)	-130	-382	-409	-1,238	-654	-240
Other Non Operating Income (Expenses)	1,141	1,667	1,137	556	1,179	-1,497
EBT Excluding Unusual Items	142,985	134,206	117,144	86,540	76,847	78,464
Gain (Loss) on Sale of Investments	51,464	24,620	2,671	-823	-5,519	12,270
Pretax Income	194,449	158,826	119,815	85,717	71,328	90,734
Income Tax Expense	34,241	26,656	19,697	11,922	11,356	14,701
Net Income	160,208	132,170	100,118	73,795	59,972	76,033
Net Income to Common	160,208	132,170	100,118	73,795	59,972	76,033
Net Income Growth	44.34%	32.01%	35.67%	23.05%	-21.12%	88.81%
Shares Outstanding (Basic)	12,095	12,116	12,319	12,630	13,063	13,353
Shares Outstanding (Diluted)	12,217	12,230	12,447	12,722	13,159	13,553
Shares Change (YoY)	-1.38%	-1.74%	-2.16%	-3.32%	-2.91%	-1.37%
EPS (Basic)	13.25	10.91	8.13	5.84	4.59	5.69
EPS (Diluted)	13.11	10.80	8.04	5.80	4.56	5.61
EPS Growth	46.38%	34.37%	38.65%	27.21%	-18.76%	91.43%
Free Cash Flow	64,429	73,266	72,764	69,495	60,010	67,012
Free Cash Flow Per Share	5.27	5.99	5.85	5.46	4.56	4.94
Dividend Per Share	0.840	0.830	0.600	-	-	-
Dividend Growth	5.00%	38.33%	-	-	-	-
Gross Margin	60.37%	59.65%	58.20%	56.63%	55.38%	56.94%
Operating Margin	32.69%	32.03%	32.11%	27.42%	26.46%	30.55%
Profit Margin	37.92%	32.81%	28.60%	24.01%	21.20%	29.51%
Free Cash Flow Margin	15.25%	18.19%	20.79%	22.61%	21.22%	26.01%
EBITDA	161,316	150,175	127,701	96,239	88,317	88,987
EBITDA Margin	38.18%	37.28%	36.48%	31.31%	31.23%	34.54%
D&A For EBITDA	23,187	21,136	15,311	11,946	13,475	10,273
EBIT	138,129	129,039	112,390	84,293	74,842	78,714
EBIT Margin	32.69%	32.03%	32.11%	27.42%	26.46%	30.55%
Effective Tax Rate	17.61%	16.78%	16.44%	13.91%	15.92%	16.20%
Advertising Expenses	-	9,900	8,700	8,700	9,200	7,900

Updated Apr 29, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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