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Alphabet Inc. GOOGL Q4 2025 Annual earnings

Reported February 4, 2026 · After market close

Revenue estimate$111.33B
EPS estimate$2.57

Next report

Jul 23, 2026 (In 1 week)
Revenue estimate$116.54B
EPS estimate$2.86

Financials

Q4 2025

Income statement

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Revenue$113.83B+18.0%
Gross profit$68.1B+21.9%
Operating income$35.9B+16.0%
Net income$34.5B+29.8%
EPS (diluted)$2.82+31.8%

Balance sheet

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Cash & equivalents$30.7B+30.9%
Total debt$67.0B+138%
Total equity$415.27B+27.7%
Total assets$595.28B+32.2%

Cash flow

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Operating cash flow$52.4B+34.0%
CapEx$27.9B+95.1%
Free cash flow$24.6B-1.2%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$3.79T+62.4%
Enterprise value$3.82T+63.7%
P/E28.6×+5.4×
P/S9.4×+2.7×

Profitability

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Gross margin59.7%+1.5pp
Operating margin32%-0.1pp
Net margin32.8%+4.2pp
FCF margin18.2%-2.6pp

Returns & leverage

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Return on equity35.7%+2.8pp
Debt / equity0.2×+0.1×
Current ratio+0.2×

Segments

By product

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Google advertising$82.3B+13.6%
Google Search & other$63.1B+16.7%
Google subscriptions, platforms, and devices$13.6B+16.7%
YouTube ads$11.4B+8.7%
Google Network$7.8B-1.6%

By segment

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Google Services$95.9B+14.0%
Google Cloud$17.7B+47.8%
Other Bets$370.0M-7.5%

By geography

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EMEA$33.1B+17.3%
APAC$18.5B+22.2%
Other Americas$6.9B+19.8%

Versus estimates

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Questions, answered.

When did Alphabet Inc. report Q4 2025 earnings?
Alphabet Inc. (GOOGL) reported Q4 2025 earnings on February 4, 2026 after market close.
What were Alphabet Inc.'s Q4 2025 revenue and EPS?
Alphabet Inc. reported revenue of $113.83B and diluted EPS of $2.82 for Q4 2025.
Did Alphabet Inc. beat estimates in Q4 2025?
Revenue beat the consensus estimate of $111.33B by $2.5B. EPS beat the consensus estimate of $2.57 by $0.25.
How did Alphabet Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.0% from $96.5B a year earlier and diluted EPS grew 31.2% from $2.15.
Where can I find Alphabet Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001652044-26-000012) and the 10-K periodic report (0001652044-26-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.