What is Alphabet Inc.'s other bets — FX & other adjustments?

Alphabet Inc. (GOOG) reported other bets — FX & other adjustments of -$559M in Q1 2026.

How has Alphabet Inc.'s other bets — FX & other adjustments changed year-over-year?

Alphabet Inc.'s other bets — FX & other adjustments decreased by 56000.0% year-over-year, from $1M to -$559M.

What does other bets — FX & other adjustments mean?

The impact of fluctuations in exchange rates and other non-operational accounting adjustments on the carrying value of assets within a segment. This isolates the effect of global currency volatility from the underlying operational performance.

Alphabet Inc. GOOG Other Bets — FX & Other Adjustments

Other segment segments

Google Services

-$28M-1,300%

Google Cloud

-$3M—

Similar metrics at other companies

TFX

TFXFX & Other Adjustments

-$10.99M-182%

HLMNFX & Other Adjustments

-$375K-316%

RXTFX & Other Adjustments

-$1.3M-181%

MLKNFX & Other Adjustments

$9.8M+232%

IBMOther — FX & Other Adjustments

$0—

LIVNFX & Other Adjustments

$10.71M+230%

Other financials

Income statement

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Revenue$109.90B+21.8%

Gross profit$68.6B+27.4%

Operating income$39.7B+29.7%

Net income$62.6B+81.2%

EPS (diluted)$5.11+81.9%

Balance sheet

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Cash & equivalents$38.1B+63.6%

Total debt$97.9B+456%

Total equity$478.75B+38.7%

Total assets$703.92B+48.1%

Cash flow

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Operating cash flow$45.8B+26.7%

CapEx$35.7B+107%

Free cash flow$10.1B-46.6%

Valuation

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Market cap$4.35T+102%

Enterprise value$4.41T+103%

P/E27.1×+8.5×

P/S10.3×+4.5×

Profitability

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Gross margin60.4%+1.8pp

Operating margin32.7%0.0pp

Net margin37.9%+7.1pp

FCF margin15.2%-5.6pp

Returns & leverage

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Return on equity38.9%+4.1pp

Debt / equity0.2×+0.2×

Current ratio1.9×+0.2×

Where this comes from

Reported directly by Alphabet Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAndPurchaseAccountingAdjustments.

The official record: Alphabet Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alphabet Inc.'s other bets — FX & other adjustments?: Alphabet Inc. (GOOG) reported other bets — FX & other adjustments of -$559M in Q1 2026.
How has Alphabet Inc.'s other bets — FX & other adjustments changed year-over-year?: Alphabet Inc.'s other bets — FX & other adjustments decreased by 56000.0% year-over-year, from $1M to -$559M.
What does other bets — FX & other adjustments mean?: The impact of fluctuations in exchange rates and other non-operational accounting adjustments on the carrying value of assets within a segment. This isolates the effect of global currency volatility from the underlying operational performance.