Alphabet GOOGL
Alphabet fiscal 2025 annual report
Fiscal 2025 (ended Dec 31, 2025) · Filed Feb 5, 2026Original
An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.
How much did Alphabet sell in fiscal 2025?
As stated in annual reports · fiscal 2021–2025
Fiscal 2025 revenue
$402.8B+15.1% vs prior year
Net income $132.2B · 32.8% of revenue
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2021 | $257.6B | $76B |
| 2022 | $282.8B | $60B |
| 2023 | $307.4B | $73.8B |
| 2024 | $350B | $100.1B |
| 2025 | $402.8B | $132.2B |
Fiscal 2025 (ended Dec 31, 2025) · Filed Feb 5, 2026Whalegun
- Revenue
- $402.8B
- +15.1% vs prior year
- Operating income
- $129B
- 32.0% of revenue
- Net income
- $132.2B
- +32.0% vs prior year
- Diluted EPS
- $10.81
- Operating cash flow
- $164.7B
- Free cash flow
- $73.3B
Key points the company states
Alphabet reports Google Services and Google Cloud segments, with AI built into its products
- Alphabet reports Google as two segments, Google Services and Google Cloud, and all other businesses as Other Bets.
- Google Services earns money mainly from advertising on Search, YouTube and Google Network properties.
- Subscriptions, platforms (Google Play) and devices (Pixel) revenues also sit in Google Services.
Alphabet's 2025 revenue rose 15% to $402.8 billion, with Google Cloud up 36%
- Revenue rose 15% to $402.8 billion; operating income was $129.0 billion and operating margin 32%.
- The company says Google Services revenue rose $37.8 billion (12%) and Google Cloud revenue rose $15.5 billion (36%).
- Net income rose 32% to $132.2 billion; diluted net income per share was $10.81.