Alphabet
GOOGL Nasdaq· Interactive Media & Services
Last close · Oct 27, 2026
$320.58
KIRA · Stoqly’s AI analyst, in plain words
- Alphabet had $402.8B of revenue in fiscal 2025, up 15.1% on the year before. Over five years, revenue changed +17.2% a year on average.
- Its operating margin was 32.0%, down 0.1 pts: of every 100 in sales, about 32 is left after running the business.
- Alphabet made $132.2B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 25.6% a year.
- Free cash flow was $73.3B in fiscal 2025, 18.2% of revenue.
- Alphabet returned $55.8B to shareholders in fiscal 2025, 76% of free cash flow. The diluted share count fell 1.7%.
- Alphabet has $75.3B more cash than debt.
Market cap
$3.95T
P/E
16.1x
Revenue
$402.8B
Net income
$132.2B
Free cash flow
$73.3B
Operating margin
32.0%
Alphabet in 30 seconds · fiscal 2025
Are sales growing?
+15.1%
Yes. Sales grew 15.1% last year.
Does it make a profit?
32.8%
Yes. It keeps 32.8% of every sale as profit.
Does profit turn into cash?
18.2%
Yes. 18.2% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
16.1x
One share costs 16.1 times its yearly profit per share. Typical for its sector: 17.3x.
What Alphabet does
Alphabet is the parent company of Google. Google runs Search, YouTube, the Android phone software, the Chrome browser, Gmail, Maps, the Google Play app store and the Gemini artificial intelligence (AI) assistant, most of them free to use. It also sells Pixel phones and other devices, and rents computing power, data tools and AI models to businesses through Google Cloud. Alphabet reports two Google segments plus a group of smaller ventures. Google Services makes most of its money from ads shown on Search, YouTube and partner websites and apps, plus YouTube subscriptions, app sales on Google Play and devices. Google Cloud charges businesses subscriptions and usage fees for cloud services and the Workspace office apps. Other Bets includes Waymo, which runs paid driverless taxi rides in several cities. Revenue in 2025 was $402.8 billion, and Alphabet says more than 70% came from online advertising. Cloud revenue grew 36%.
Biggest risks, in its own words
- Its reliance on advertising, which could suffer if advertisers spend less, partners leave, or ad blocking and new ad formats change the market.
- AI is reshaping search and advertising, and Google may not adapt as well as its rivals.
- Heavy spending on new businesses and technologies, including AI and Other Bets, may not pay off.
- Competition and privacy regulators and courts around the world could force changes to how Google does business.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 5, 2026
- Legal name
- Alphabet Inc.
- CIK
- 0001652044
Alphabet · GOOGL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $257.6B | $282.8B | $307.4B | $350.0B | $402.8B |
| Revenue growth | 41.2% | 9.8% | 8.7% | 13.9% | 15.1% |
| Gross margin | 56.9% | 55.4% | 56.6% | 58.2% | 59.7% |
| Operating margin | 30.6% | 26.5% | 27.4% | 32.1% | 32.0% |
| Net income | $76.0B | $60.0B | $73.8B | $100.1B | $132.2B |
| Net margin | 29.5% | 21.2% | 24.0% | 28.6% | 32.8% |
| Diluted EPS | $5.61 | $4.56 | $5.80 | $8.04 | $10.81 |
| Cash | |||||
| Cash from operations | $91.7B | $91.5B | $101.7B | $125.3B | $164.7B |
| Capital expenditure | $24.6B | $31.5B | $32.3B | $52.5B | $91.4B |
| Free cash flow | $67.0B | $60.0B | $69.5B | $72.8B | $73.3B |
| FCF margin | 26.0% | 21.2% | 22.6% | 20.8% | 18.2% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $7.4B | $10.0B |
| Share buybacks | $50.3B | $59.3B | $61.5B | $62.2B | $45.7B |
| Share count change | — | — | −3.3% | −2.2% | −1.7% |
| Debt and strength | |||||
| Cash and short-term investments | $139.6B | $113.8B | $110.9B | $95.7B | $126.8B |
| Debt incl. finance leases | $17.5B | $17.5B | $14.7B | $16.0B | $51.6B |
| Shareholders' equity | $251.6B | $256.1B | $283.4B | $325.1B | $415.3B |
| Net debt / EBITDA | −1.4x | −1.1x | −1.0x | −0.6x | −0.5x |
| Current ratio | 2.9x | 2.4x | 2.1x | 1.8x | 2.0x |
| Interest coverage | 227.5x | 209.6x | 273.7x | 419.4x | 175.3x |
| Returns and quality | |||||
| Return on capital | 56.9% | 43.5% | 41.8% | 43.4% | 36.7% |
| Return on equity | 32.1% | 23.6% | 27.4% | 32.9% | 35.7% |
| Piotroski F-score | — | — | 8 | 8 | 8 |
| Altman Z'' | 7.9 | 7.3 | 7.1 | 7.3 | 6.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$132M
6 insiders
Of sales under plans
100%
$132M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Alphabet · GOOGL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Alphabet GOOGL | $3.95T | 15.1% | 32.0% | 18.2% | 36.7% | 16.1x | 8 |
| Meta Platforms META | $1.60T | 22.2% | 41.4% | 22.9% | 35.5% | 21.2x | 6 |
| Microsoft MSFT | $3.96T | 17.8% | 46.8% | 20.2% | 30.9% | — | 6 |
| Amazon AMZN | $2.76T | 12.4% | 11.2% | 1.1% | 20.6% | 20.4x | 6 |
| Apple AAPL | $5.11T | 6.4% | 32.0% | 23.7% | 102.9% | 39.9x | 8 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $320.58 a share, the company is worth $3.95T: 16.1 times its earnings of the last four quarters.
Alphabet grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 0 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001652044). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.