GOOG (Alphabet Inc.) Stock Financials & Earnings

Company Info & Key Metrics

Communication Services Internet Content & Information

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Clou...

CEOSundar Pichai

Country🇺🇸 United States

ExchangeNASDAQ

IPOAug 19, 2004

abc.xyz

Revenue$113.9B

YoY Growth+18.1%

QoQ Growth+11.3%

Net Income$34.5B

EPS$2.82

Free Cash Flow$24.6B

Gross Margin59.8%

Op. Margin31.6%

Net Margin30.3%

FCF Margin21.6%

Rev Multiple (TTM)9.2x

P/E Ratio (TTM)28.0x

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$69.8B	$39.2B	$17.4B
Q2 23	$74.6B	$42.7B	$21.8B
Q3 23	$76.7B	$43.5B	$21.3B
Q4 23	$86.3B	$48.7B	$23.7B
Q1 24	$80.5B	$46.8B	$25.5B
Q2 24	$84.7B	$49.2B	$27.4B
Q3 24	$88.3B	$51.8B	$28.5B
Q4 24	$96.5B	$55.9B	$31.0B
Q1 25	$90.2B	$53.9B	$30.6B
Q2 25	$96.4B	$57.4B	$31.3B
Q3 25	$102.3B	$61.0B	$31.2B
Q4 25	$113.9B	$68.1B	$36.0B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	13.0x	63.1x
Q2 23	12.8x	60.7x
Q3 23	12.4x	55.4x
Q4 23	12.0x	50.1x
Q1 24	11.6x	44.9x
Q2 24	11.3x	42.2x
Q3 24	10.9x	39.2x
Q4 24	10.6x	36.9x
Q1 25	10.3x	33.3x
Q2 25	10.0x	32.0x
Q3 25	9.6x	29.8x
Q4 25	9.2x	28.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$23.5B	$17.2B
Q2 23	$28.7B	$21.8B
Q3 23	$30.7B	$22.6B
Q4 23	$18.9B	$7.9B
Q1 24	$28.8B	$16.8B
Q2 24	$26.6B	$13.5B
Q3 24	$30.7B	$17.6B
Q4 24	$39.1B	$24.8B
Q1 25	$36.1B	$19.0B
Q2 25	$27.7B	$5.3B
Q3 25	$48.4B	$24.5B
Q4 25	$52.4B	$24.6B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$6.3B
Q2 23	$6.9B
Q3 23	$8.1B
Q4 23	$11.0B
Q1 24	$12.0B
Q2 24	$13.2B
Q3 24	$13.1B
Q4 24	$14.3B
Q1 25	$17.2B
Q2 25	$22.4B
Q3 25	$24.0B
Q4 25	$27.9B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+2.6%	+9.3%
Q2 23	+7.1%	+5.0%
Q3 23	+11.0%	+6.5%
Q4 23	+13.5%	+8.2%
Q1 24	+15.4%	+5.1%
Q2 24	+13.6%	+8.6%
Q3 24	+15.1%	+7.9%
Q4 24	+11.8%	+4.6%
Q1 25	+12.0%	+8.3%
Q2 25	+13.8%	+13.7%
Q3 25	+15.9%	+19.0%
Q4 25	+18.1%	+18.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$5.3B	7.6%
Q2 23	$5.8B	7.7%
Q3 23	$5.7B	7.5%
Q4 23	$5.7B	6.6%
Q1 24	$5.3B	6.5%
Q2 24	$5.9B	6.9%
Q3 24	$5.8B	6.6%
Q4 24	$5.8B	6.0%
Q1 25	$5.5B	6.1%
Q2 25	$6.0B	6.2%
Q3 25	$6.4B	6.2%
Q4 25	$7.1B	6.2%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$11.5B	$3.8B	$6.5B
Q2 23	$10.6B	$3.5B	$6.8B
Q3 23	$11.3B	$4.0B	$6.9B
Q4 23	$12.1B	$5.2B	$7.7B
Q1 24	$11.9B	$3.0B	$6.4B
Q2 24	$11.9B	$3.2B	$6.8B
Q3 24	$12.4B	$3.6B	$7.2B
Q4 24	$13.1B	$4.4B	$7.4B
Q1 25	$13.6B	$3.5B	$6.2B
Q2 25	$13.8B	$5.2B	$7.1B
Q3 25	$15.2B	$7.4B	$7.2B
Q4 25	$18.6B	$5.3B	$8.2B

Revenue Segments

Quarter	Google Cloud	Google Network	Google Search & Other	Google Subscriptions, Platforms, And Devices	Other Bets	YouTube Ads	Other Segments	Google Inc.	YouTube Advertising Revenue
Q1 23	$7.5B	$7.5B	$40.4B	$7.4B	$288M	$6.7B	—	—	—
Q2 23	$8.0B	$7.8B	$42.6B	$8.1B	$285M	$7.7B	—	—	—
Q3 23	$8.4B	$7.7B	$44.0B	$8.3B	$297M	$8.0B	—	—	—
Q4 23	$9.2B	$8.3B	$48.0B	$10.8B	$657M	$9.2B	—	—	—
Q1 24	$9.6B	$7.4B	$46.2B	$8.7B	$495M	$8.1B	—	—	—
Q2 24	$10.3B	$7.4B	$48.5B	$9.3B	$365M	$8.7B	—	—	—
Q3 24	$11.4B	$7.5B	$49.4B	$10.7B	$388M	$8.9B	—	—	—
Q4 24	$12.0B	$8.0B	$54.0B	$11.6B	$400M	$10.5B	—	—	—
Q1 25	$12.3B	$7.3B	$50.7B	$10.4B	$450M	$8.9B	$260M	—	—
Q2 25	$13.6B	$7.4B	$54.2B	$11.2B	$373M	$9.8B	—	—	—
Q3 25	$15.2B	$7.4B	$56.6B	—	$344M	—	—	$12.9B	$10.3B

Revenue by Geography

Quarter	Americas Excluding United States	Asia Pacific	Emea	United States
Q1 23	$4.1B	$11.7B	$21.1B	$32.9B
Q2 23	$4.5B	$12.7B	$22.3B	$35.1B
Q3 23	$4.6B	$13.1B	$22.7B	$36.4B
Q4 23	$5.2B	$14.0B	$25.0B	$42.0B
Q1 24	$4.7B	$13.3B	$23.8B	$38.7B
Q2 24	$4.9B	$13.8B	$24.7B	$41.2B
Q3 24	$5.1B	$14.5B	$25.5B	$43.1B
Q4 24	$5.7B	$15.2B	$28.2B	$47.4B
Q1 25	$5.2B	$14.9B	$25.9B	$44.0B
Q2 25	$5.7B	$16.5B	$28.3B	$46.1B
Q3 25	$6.1B	$17.8B	$29.9B	$48.8B
Q4 25	$6.9B	$18.5B	$33.1B	$55.4B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$25.9B	$89.2B	$115.1B
Q2 23	$25.9B	$92.4B	$118.3B
Q3 23	$30.7B	$89.2B	$119.9B
Q4 23	$24.0B	$86.9B	$110.9B
Q1 24	$24.5B	$83.6B	$108.1B
Q2 24	$27.2B	$73.5B	$100.7B
Q3 24	$20.0B	$73.3B	$93.2B
Q4 24	$23.5B	$72.2B	$95.7B
Q1 25	$23.3B	$72.1B	$95.3B
Q2 25	$21.0B	$74.1B	$95.1B
Q3 25	$23.1B	$75.4B	$98.5B
Q4 25	$30.7B	$96.1B	$126.8B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	12.82B	-1.0%
Q2 23	12.76B	-0.5%
Q3 23	12.70B	-0.5%
Q4 23	12.60B	-0.7%
Q1 24	12.53B	-0.6%
Q2 24	12.49B	-0.3%
Q3 24	12.42B	-0.6%
Q4 24	12.35B	-0.6%
Q1 25	12.29B	-0.5%
Q2 25	12.20B	-0.8%
Q3 25	12.20B	+0.0%
Q4 25	12.23B	+0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	$1M	62K
FY 16	$1M	72K
FY 17	$1M	80K
FY 18	$1M	99K
FY 19	$1M	119K
FY 20	$1M	135K
FY 21	$2M	157K
FY 22	$1M	190K
FY 23	$2M	183K
FY 24	$2M	183K
FY 25	$2M	191K