Alphabet Inc. (GOOG) Income Statement
GOOG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGOOG revenue and net income
Where GOOG's revenue goes
2025Each bar shows an amount and its share of revenue. GOOG kept 32.8% of revenue as net income.
GOOG profit margins
GOOG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.1% | +12.5% | +17.2% | +18.3% |
| Gross profit | +18.0% | +15.3% | +19.7% | +17.8% |
| Operating income | +14.9% | +19.9% | +25.7% | +20.9% |
| Net income | +32.0% | +30.1% | +26.8% | +23.2% |
| EPS (diluted) | +34.3% | +33.4% | +29.7% | +22.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GOOG quarterly EPS vs estimates
Alphabet beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 28, 2026 (estimate $2.94).
GOOG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $402.84B | $350.02B | $307.39B | $282.84B | $257.64B | $182.53B | $161.86B | $136.82B | $110.86B | $90.27B |
| Cost of revenue | $162.53B | $146.31B | $133.33B | $126.20B | $110.94B | $84.73B | $71.90B | $59.55B | $45.58B | $35.14B |
| Gross profit | $240.30B | $203.71B | $174.06B | $156.63B | $146.70B | $97.80B | $89.96B | $77.27B | $65.27B | $55.13B |
| Research & development | $61.09B | $49.33B | $45.43B | $39.50B | $31.56B | $27.57B | $26.02B | $21.42B | $16.62B | $13.95B |
| Sales, general & admin | $50.17B | $42.00B | $44.34B | $42.29B | $36.42B | $29.00B | $28.02B | $23.26B | $19.73B | $17.47B |
| Total operating expenses | $111.26B | $91.32B | $89.77B | $81.79B | $67.98B | $56.57B | $55.73B | $49.75B | $39.09B | $31.42B |
| Operating income | $129.16B | $112.39B | $84.29B | $74.84B | $78.71B | $41.22B | $34.23B | $27.52B | $26.18B | $23.72B |
| Interest income | $4.34B | $4.48B | $3.87B | $2.17B | $1.50B | $1.86B | $2.43B | $1.88B | $1.31B | $1.22B |
| Interest expense | $736.0M | $268.0M | $308.0M | $357.0M | $346.0M | $135.0M | $100.0M | $114.0M | $109.0M | $124.0M |
| Income before taxes | $158.83B | $119.81B | $85.72B | $71.33B | $90.73B | $48.08B | $39.62B | $34.91B | $27.19B | $24.15B |
| Income taxes | $26.66B | $19.70B | $11.92B | $11.36B | $14.70B | $7.81B | $5.28B | $4.18B | $14.53B | $4.67B |
| Net income | $132.17B | $100.12B | $73.80B | $59.97B | $76.03B | $40.27B | $34.34B | $30.74B | $12.66B | $19.48B |
| EBITDA | $180.70B | $135.39B | $97.97B | $85.16B | $103.52B | $61.91B | $51.51B | $44.06B | $34.22B | $30.42B |
| EPS (diluted) | $10.81 | $8.05 | $5.80 | $4.55 | $5.60 | $2.94 | $2.46 | $2.19 | $1.60 | $1.72 |
| Gross margin | 59.7% | 58.2% | 56.6% | 55.4% | 56.9% | 53.6% | 55.6% | 56.5% | 58.9% | 61.1% |
| Operating margin | 32.1% | 32.1% | 27.4% | 26.5% | 30.6% | 22.6% | 21.1% | 20.1% | 23.6% | 26.3% |
| Net margin | 32.8% | 28.6% | 24.0% | 21.2% | 29.5% | 22.1% | 21.2% | 22.5% | 11.4% | 21.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $119.80B | $109.90B | $113.83B | $102.35B | $96.43B | $90.23B | $96.47B | $88.27B | $84.74B | $80.54B | $86.31B | $76.69B |
| Cost of revenue | $45.94B | $41.27B | $45.77B | $41.37B | $39.04B | $36.36B | $40.61B | $36.47B | $35.51B | $33.71B | $37.58B | $33.23B |
| Gross profit | $73.85B | $68.62B | $68.06B | $60.98B | $57.39B | $53.87B | $55.86B | $51.79B | $49.23B | $47.06B | $48.73B | $43.46B |
| Research & development | $18.22B | $17.03B | $18.57B | $15.15B | $13.81B | $13.56B | $13.12B | $12.45B | $11.86B | $11.31B | $12.11B | $11.26B |
| Sales, general & admin | $14.86B | $11.90B | $13.56B | $14.60B | $12.31B | $9.71B | $11.77B | $10.83B | $9.95B | $9.45B | $12.93B | $10.86B |
| Total operating expenses | $33.08B | $28.93B | $32.13B | $29.75B | $26.12B | $23.27B | $24.88B | $23.27B | $21.81B | $21.36B | $25.04B | $22.12B |
| Operating income | $40.77B | $39.70B | $36.10B | $31.23B | $31.27B | $30.61B | $30.97B | $28.52B | $27.43B | $25.47B | $23.70B | $21.34B |
| Interest income | $1.43B | $1.38B | $1.21B | $1.08B | $1.05B | $1.00B | $1.09B | $1.24B | $1.09B | $1.06B | $1.11B | $1.07B |
| Interest expense | $1.28B | $34.0M | $298.0M | $143.0M | $261.0M | $34.0M | $53.0M | $54.0M | $67.0M | $94.0M | $69.0M | $116.0M |
| Income before taxes | $138.75B | $77.41B | $39.12B | $43.99B | $33.93B | $41.79B | $32.24B | $31.71B | $27.55B | $28.32B | $24.41B | $21.20B |
| Income taxes | $26.56B | $14.83B | $4.66B | $9.01B | $5.74B | $7.25B | $5.71B | $5.41B | $3.93B | $4.65B | $3.73B | $1.51B |
| Net income | $112.19B | $62.58B | $34.45B | $34.98B | $28.20B | $34.54B | $26.54B | $26.30B | $23.62B | $23.66B | $20.69B | $19.69B |
| EBITDA | $147.13B | $83.93B | $45.45B | $49.74B | $39.19B | $46.31B | $36.50B | $35.74B | $31.33B | $28.89B | $25.26B | $25.14B |
| EPS (diluted) | $9.11 | $5.11 | $2.82 | $2.87 | $2.31 | $2.81 | $2.15 | $2.12 | $1.89 | $1.89 | $1.64 | $1.55 |
| Gross margin | 61.6% | 62.4% | 59.8% | 59.6% | 59.5% | 59.7% | 57.9% | 58.7% | 58.1% | 58.4% | 56.5% | 56.7% |
| Operating margin | 34.0% | 36.1% | 31.7% | 30.5% | 32.4% | 33.9% | 32.1% | 32.3% | 32.4% | 31.6% | 27.5% | 27.8% |
| Net margin | 93.7% | 56.9% | 30.3% | 34.2% | 29.2% | 38.3% | 27.5% | 29.8% | 27.9% | 29.4% | 24.0% | 25.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GOOG's financial statements (latest annual report filed February 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GOOG financial results
In fiscal year 2025 (ended December 31, 2025), Alphabet reported revenue of $402.8 billion, up 15.1% from the year before. It had net income of $132.2 billion (up 32.0%), a net profit margin of 32.8%. Diluted earnings per share came to $10.81. Over five years revenue grew at an average rate of 17.2% a year.
See the GOOG stock overview for the latest quote and news, or the GOOG chart for price history and technical indicators.
GOOG income statement FAQ
What is Alphabet's annual revenue?
Alphabet reported total revenue of $402.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 15.1% from $350.0 billion the previous year.
Is Alphabet profitable?
Yes. Alphabet reported net income of $132.2 billion in fiscal 2025, a net profit margin of 32.8%; its operating margin was 32.1%.
What is Alphabet's gross margin?
Alphabet's gross margin was 59.7% in fiscal 2025: for every $100 of revenue, Alphabet kept $60 after the direct cost of its products and services.
How much does Alphabet spend on research and development?
Alphabet spent $61.1 billion on research and development in fiscal 2025, 15.2% of revenue.
How fast is Alphabet growing?
Revenue grew 17.2% a year on average over the last five fiscal years, from $182.5 billion to $402.8 billion.
What are Alphabet's earnings per share?
Alphabet earned $10.81 per diluted share in fiscal 2025, compared with $8.05 a year earlier.
When will Alphabet report its next earnings?
Alphabet is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Alphabet's fiscal year end?
Alphabet's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 5, 2026.