Income StatementBalance SheetCash FlowSegments
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Alphabet Inc. Business Segments

Business, geographic, and product segment breakdowns

Alphabet Inc. generates $422.50B in annual revenue across 3 key segments: Google Cloud ($66.5B), Google Services ($355.09B), and Other Bets ($1.5B). The company-wide operating margin is 32.69%. Based on the Q1 2026 filing.

Google Cloud (TTM)$66.5BGoogle Services (TTM)$355.09BOther Bets (TTM)$1.5B
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$4.60T
P/E Ratio28.69
ROE38.88%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google advertising$72.5B$66.9B$71.3B$74.2B$82.3B$77.3B
Google Search & other$54.0B$50.7B$54.2B$56.6B$63.1B$60.4B
Google subscriptions, platforms, and devices$11.6B$10.4B$11.2B$12.9B$13.6B$12.4B
YouTube ads$10.5B$8.9B$9.8B$10.3B$11.4B$9.9B
Google Network$8.0B$7.3B$7.4B$7.4B$7.8B$7.0B

Percentage of revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Hedging gains (losses)0.0%0.0%0.0%0.0%0.0%0.0%

Geographic

Percentage of revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
EMEA—29.0%29.0%29.0%—28.0%
APAC—16.0%17.0%17.0%—17.0%
Other Americas—6.0%6.0%6.0%—6.0%

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States$47.4B$44.0B$46.1B$48.8B$55.4B$54.0B
EMEA$28.2B$25.9B$28.3B$29.9B$33.1B$31.5B
APAC$15.2B$14.9B$16.5B$17.8B$18.5B$18.3B
Other Americas$5.7B$5.2B$5.7B$6.1B$6.9B$6.3B

Total long-lived assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States$139.0B$149.3B$160.9B$175.7B$195.3B$227.3B

Business Segments

Additions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Cloud$3.0M$0.0$9.0M$123.0M$31.0M$23.8B
Google Services$3.0M$289.0M$0.0$874.0M$106.0M$1.1B
Other Bets$0.0$0.0$0.0$0.0$0.0$0.0

Employee compensation expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Services$10.9B$11.3B$11.3B$11.1B$11.4B$12.2B
Google Cloud$5.0B$5.4B$5.5B$5.6B$5.6B$6.4B

FX & Other Adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Bets-$6.0M$1.0M-$24.0M-$1.0M$0.0-$559.0M
Google Services-$45.0M-$2.0M$162.0M——-$28.0M
Google Cloud-$5.0M$0.0$15.0M——-$3.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Cloud$7.5B$7.5B$7.5B$7.6B$7.7B$31.5B
Google Services$23.5B$23.8B$24.0B$24.8B$24.9B$26.0B
Other Bets$874.0M$875.0M$851.0M$850.0M$850.0M$291.0M

Operating Expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Services$51.3B$44.6B$49.5B$53.5B$55.7B$49.0B
Google Cloud$9.9B$10.1B$10.8B$11.6B$12.4B$13.4B

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Services$84.1B$77.3B$82.5B$87.1B$95.9B$89.6B
Google Cloud$12.0B$12.3B$13.6B$15.2B$17.7B$20.0B
Other Bets$400.0M$450.0M$373.0M$344.0M$370.0M$411.0M

Revenue not yet recognized

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Cloud—————$462.3B

Total income from operations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Google Services$32.8B$32.7B$33.1B$33.5B$40.1B$40.6B
Google Cloud$2.1B$2.2B$2.8B$3.6B$5.3B$6.6B
Other Bets-$1.2B-$1.2B-$1.2B-$1.4B-$3.6B-$2.1B