Alphabet Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Alphabet Inc. reported net income of $132.17B on revenue of $402.84B. Operating cash flow was $164.71B and capital expenditures were $91.45B, leaving $73.27B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.27B | $110.86B | $136.82B | $161.86B | $182.53B | $257.64B | $282.84B | $307.39B | $350.02B | $402.84B |
| Operating income | $23.72B | $26.18B | $27.52B | $34.23B | $41.22B | $78.71B | $74.84B | $84.29B | $112.39B | $129.04B |
| Net income | $19.48B | $12.66B | $30.74B | $34.34B | $40.27B | $76.03B | $59.97B | $73.80B | $100.12B | $132.17B |
| Diluted EPS | $27.85 | $18.00 | $43.70 | $49.16 | $2.93 | $5.61 | $4.56 | $5.80 | $8.04 | $10.81 |
| Operating cash flow | $36.04B | $37.09B | $47.97B | $54.52B | $65.12B | $91.65B | $91.50B | $101.75B | $125.30B | $164.71B |
| Capital expenditures | $10.21B | $13.18B | $25.14B | $23.55B | $22.28B | $24.64B | $31.48B | $32.25B | $52.53B | $91.45B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 32.0% | 32.8% |
| Dec 2024 | — | 32.1% | 28.6% |
| Dec 2023 | — | 27.4% | 24.0% |
| Dec 2022 | — | 26.5% | 21.2% |
| Dec 2021 | — | 30.6% | 29.5% |
Source: SEC EDGAR XBRL company facts for CIK 1652044 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.