Alphabet Inc.

GOOGLNASDAQ

$321.05

Last price · USD

Market cap: $3.93T
P/E: 29.7x
EV / EBITDA: 22.0x
P/S: 9.7x
FCF yield: 1.9%
Div. yield: 0.26%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Alphabet Inc. income statement

Annual · USD millions except per-share data · 27 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	402,963	350,018	307,394	282,836	257,637	+11.8%
Cost of revenue	162,535	146,306	133,332	126,203	110,939	+10.0%
Gross profit	240,428	203,712	174,062	156,633	146,698	+13.1%
Operating expenses & income
Research & development	61,087	49,326	45,427	39,500	31,562	+17.9%
General & administrative	21,482	14,188	16,425	15,724	13,510	+12.3%
Selling & marketing	28,693	27,808	27,917	26,567	22,912	+5.8%
SG&A (combined)	50,175	41,996	44,342	42,291	36,422	+8.3%
Total operating expenses	111,262	91,322	89,769	81,791	67,984	+13.1%
Cost and expenses	273,797	237,628	223,101	207,994	178,923	+11.2%
Operating income	129,166	112,390	84,293	74,842	78,714	+13.2%
Non-operating & other
Interest income	1,076	4,482	3,865	2,174	1,499	-8.0%
Interest expense	143	268	308	357	346	-19.8%
Net interest income	933	4,214	3,557	1,817	1,153	-5.2%
Non-operating income (excl. interest)	(29,660)	(7,693)	(1,732)	3,157	(12,366)	—
Total other income (expenses), net	29,660	7,425	1,424	(3,514)	12,020	+25.3%
Profitability
Depreciation & amortization	21,136	15,311	11,946	13,475	12,441	+14.2%
Income before tax	158,826	119,815	85,717	71,328	90,734	+15.0%
Income tax expense	26,656	19,697	11,922	11,356	14,701	+16.0%
Net income from continuing operations	132,170	100,118	73,795	59,972	76,033	+14.8%
Net income	132,170	100,118	73,795	59,972	76,033	+14.8%
Bottom line net income	132,170	100,118	73,795	59,972	76,033	+14.8%
Additional fields
Ebit	158,826	120,083	86,025	71,685	91,080	+14.9%
Ebitda	179,962	135,394	97,971	85,160	103,521	+14.8%
Eps	$10.91	$8.13	$5.84	$4.59	$5.69	+17.7%
Eps Diluted	$10.81	$8.04	$5.80	$4.56	$5.61	+17.8%
Weighted Average Shs Out	12,116	12,319	12,630	13,063	13,353	-2.4%
Weighted Average Shs Out Dil	12,230	12,447	12,722	13,159	13,553	-2.5%

Alphabet Inc.

GOOGLNASDAQ

$321.05

Last price · USD

Market cap: $3.93T
P/E: 29.7x
EV / EBITDA: 22.0x
P/S: 9.7x
FCF yield: 1.9%
Div. yield: 0.26%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Alphabet Inc. income statement

Annual · USD millions except per-share data · 27 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	402,963	350,018	307,394	282,836	257,637	+11.8%
Cost of revenue	162,535	146,306	133,332	126,203	110,939	+10.0%
Gross profit	240,428	203,712	174,062	156,633	146,698	+13.1%
Operating expenses & income
Research & development	61,087	49,326	45,427	39,500	31,562	+17.9%
General & administrative	21,482	14,188	16,425	15,724	13,510	+12.3%
Selling & marketing	28,693	27,808	27,917	26,567	22,912	+5.8%
SG&A (combined)	50,175	41,996	44,342	42,291	36,422	+8.3%
Total operating expenses	111,262	91,322	89,769	81,791	67,984	+13.1%
Cost and expenses	273,797	237,628	223,101	207,994	178,923	+11.2%
Operating income	129,166	112,390	84,293	74,842	78,714	+13.2%
Non-operating & other
Interest income	1,076	4,482	3,865	2,174	1,499	-8.0%
Interest expense	143	268	308	357	346	-19.8%
Net interest income	933	4,214	3,557	1,817	1,153	-5.2%
Non-operating income (excl. interest)	(29,660)	(7,693)	(1,732)	3,157	(12,366)	—
Total other income (expenses), net	29,660	7,425	1,424	(3,514)	12,020	+25.3%
Profitability
Depreciation & amortization	21,136	15,311	11,946	13,475	12,441	+14.2%
Income before tax	158,826	119,815	85,717	71,328	90,734	+15.0%
Income tax expense	26,656	19,697	11,922	11,356	14,701	+16.0%
Net income from continuing operations	132,170	100,118	73,795	59,972	76,033	+14.8%
Net income	132,170	100,118	73,795	59,972	76,033	+14.8%
Bottom line net income	132,170	100,118	73,795	59,972	76,033	+14.8%
Additional fields
Ebit	158,826	120,083	86,025	71,685	91,080	+14.9%
Ebitda	179,962	135,394	97,971	85,160	103,521	+14.8%
Eps	$10.91	$8.13	$5.84	$4.59	$5.69	+17.7%
Eps Diluted	$10.81	$8.04	$5.80	$4.56	$5.61	+17.8%
Weighted Average Shs Out	12,116	12,319	12,630	13,063	13,353	-2.4%
Weighted Average Shs Out Dil	12,230	12,447	12,722	13,159	13,553	-2.5%