Alphabet Inc (GOOGL) FY2025 10-K Annual Report

Filed: Feb 5, 2026
Information Technology
Services-Computer Programming, Data Processing, Etc.SEC EDGAR

Alphabet Inc (GOOGL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 5, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Alphabet Inc FY2025 10-K Analysis

Business Overview

  • Core business model: Alphabet operates through Google Services, Google Cloud, and Other Bets, focusing on AI-driven search, advertising, cloud, and moonshot technologies
  • New AI model Gemini 3 launched, powering multimodal understanding and integrated across 15 products including Search and Google Cloud offerings
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Management Discussion & Analysis

  • No revenue or profitability dollar and percentage data disclosed in this MD&A section
  • Risks to intellectual property protection and brand value could affect competitive position and financial condition
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Risk Factors

  • Regulatory risk: Government audits and cost reviews in Google Cloud's financial services and healthcare sectors, with compliance failures exposing to legal, financial, reputational risks
  • Macroeconomic threat: Ad spending correlated with economic conditions; fluctuations in advertiser budgets could harm financial condition, with 70%+ revenues from online ads in 2025
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Alphabet Inc FY2025 Key Financial Metrics
XBRL

Revenue

$402.8B

+15.1% YoY

Net Income

$132.2B

+32.0% YoY

Operating Margin

32.0%

-8bp YoY

Net Margin

32.8%

+421bp YoY

ROE

31.8%

+103bp YoY

Total Assets

$595.3B

+32.2% YoY

EPS (Diluted)

$10.81

+34.5% YoY

Operating Cash Flow

$164.7B

+31.5% YoY

Source: XBRL data from Alphabet Inc FY2025 10-K filing on SEC EDGAR. All figures in USD.

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