Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Alphabet.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $307.39B | $282.84B | $257.64B | $182.53B | $161.86B | $136.82B | $110.86B | $90.27B | $74.99B | $66.00B |
| Cost of Revenue | $133.33B | $126.20B | $110.94B | $84.73B | $71.90B | $59.55B | $45.58B | $35.14B | $28.16B | $25.69B |
| Gross Profit | $174.06B | $156.63B | $146.70B | $97.80B | $89.96B | $77.27B | $65.27B | $55.13B | $46.83B | $40.31B |
| Gross Profit Ratio | 56.63% | 55.38% | 56.94% | 53.58% | 55.58% | 56.48% | 58.88% | 61.08% | 62.44% | 61.07% |
| Research and Development Expenses | $45.43B | $39.50B | $31.56B | $27.57B | $26.02B | $21.42B | $16.62B | $13.95B | $12.28B | $9.83B |
| General and Administrative Expenses | $16.43B | $15.72B | $13.51B | $11.05B | $9.55B | $8.13B | $6.87B | $6.99B | $6.14B | $5.85B |
| Selling and Marketing Expenses | $27.92B | $26.57B | $22.91B | $17.95B | $18.46B | $16.33B | $12.89B | $10.48B | $9.05B | $8.13B |
| Selling General and Administrative Expenses | $44.34B | $42.29B | $36.42B | $29.00B | $28.02B | $24.46B | $19.77B | $17.47B | $15.18B | $13.98B |
| Other Expenses | $556.00M | $-3.51B | $12.02B | $6.86B | $5.39B | $8.59B | $1.05B | $434.00M | $291.00M | $763.00M |
| Operating Expenses | $89.77B | $81.79B | $67.98B | $56.57B | $54.03B | $45.88B | $36.39B | $31.42B | $27.46B | $23.81B |
| Cost and Expenses | $223.10B | $207.99B | $178.92B | $141.30B | $125.93B | $105.43B | $81.97B | $66.56B | $55.63B | $49.51B |
| Interest Income | $3.87B | $2.17B | $1.50B | $1.86B | $2.43B | $1.88B | $1.31B | $1.22B | $999.00M | $746.00M |
| Interest Expense | $308.00M | $357.00M | $346.00M | $135.00M | $100.00M | $114.00M | $109.00M | $124.00M | $104.00M | $101.00M |
| Depreciation and Amortization | $11.95B | $13.47B | $12.44B | $13.70B | $11.78B | $9.04B | $6.92B | $6.14B | $5.06B | $4.98B |
| EBITDA | $100.03B | $91.33B | $91.49B | $55.94B | $50.30B | $42.56B | $37.11B | $30.97B | $25.57B | $22.35B |
| EBITDA Ratio | 32.54% | 32.29% | 35.51% | 30.65% | 31.08% | 31.11% | 33.48% | 34.30% | 34.10% | 33.86% |
| Operating Income | $84.29B | $74.84B | $78.71B | $41.22B | $34.23B | $27.52B | $26.18B | $23.72B | $19.36B | $16.50B |
| Operating Income Ratio | 27.42% | 26.46% | 30.55% | 22.59% | 21.15% | 20.12% | 23.61% | 26.27% | 25.82% | 24.99% |
| Total Other Income Expenses Net | $-1.42B | $3.51B | $-12.02B | $-6.86B | $-5.39B | $-7.39B | $-1.01B | $-434.00M | $-291.00M | $-763.00M |
| Income Before Tax | $85.72B | $71.33B | $90.73B | $48.08B | $39.62B | $34.91B | $27.19B | $24.15B | $19.65B | $17.26B |
| Income Before Tax Ratio | 27.89% | 25.22% | 35.22% | 26.34% | 24.48% | 25.52% | 24.53% | 26.75% | 26.21% | 26.15% |
| Income Tax Expense | $11.92B | $11.36B | $14.70B | $7.81B | $5.28B | $4.18B | $14.53B | $4.67B | $3.30B | $3.33B |
| Net Income | $73.80B | $59.97B | $76.03B | $40.27B | $34.34B | $30.74B | $12.66B | $19.48B | $16.35B | $14.14B |
| Net Income Ratio | 24.01% | 21.20% | 29.51% | 22.06% | 21.22% | 22.46% | 11.42% | 21.58% | 21.80% | 21.42% |
| EPS | $5.84 | $4.59 | $5.69 | $2.96 | $2.48 | $2.21 | $0.91 | $1.42 | $1.16 | $1.07 |
| EPS Diluted | $5.80 | $4.56 | $5.61 | $2.93 | $2.46 | $2.19 | $0.90 | $1.39 | $1.14 | $1.05 |
| Weighted Average Shares Outstanding | 12.63B | 13.06B | 13.35B | 13.62B | 13.85B | 13.90B | 13.86B | 13.76B | 13.70B | 13.52B |
| Weighted Average Shares Outstanding Diluted | 12.72B | 13.16B | 13.55B | 13.74B | 13.97B | 14.07B | 14.07B | 13.99B | 13.86B | 13.74B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $24.05B | $21.88B | $20.95B | $26.46B | $18.50B | $16.70B | $10.71B | $12.92B | $16.55B | $18.35B |
| Short Term Investments | $86.87B | $91.88B | $118.70B | $110.23B | $101.18B | $92.44B | $91.16B | $73.42B | $56.52B | $46.05B |
| Cash and Short Term Investments | $110.92B | $113.76B | $139.65B | $136.69B | $119.67B | $109.14B | $101.87B | $86.33B | $73.07B | $64.39B |
| Net Receivables | $47.96B | $40.26B | $40.27B | $31.38B | $27.49B | $21.19B | $18.70B | $14.23B | $13.91B | $11.56B |
| Inventory | $- | $2.67B | $1.17B | $728.00M | $999.00M | $1.11B | $749.00M | $268.00M | $491.00M | $1.32B |
| Other Current Assets | $12.65B | $8.11B | $7.05B | $5.49B | $4.41B | $4.24B | $2.98B | $4.58B | $3.14B | $3.41B |
| Total Current Assets | $171.53B | $164.79B | $188.14B | $174.30B | $152.58B | $135.68B | $124.31B | $105.41B | $90.11B | $80.69B |
| Property Plant Equipment Net | $148.44B | $127.05B | $110.56B | $96.96B | $84.59B | $59.72B | $42.38B | $34.23B | $29.02B | $23.88B |
| Goodwill | $29.20B | $28.96B | $22.96B | $21.18B | $20.62B | $17.89B | $16.75B | $16.47B | $15.87B | $15.60B |
| Intangible Assets | $- | $2.08B | $1.42B | $1.45B | $1.98B | $2.22B | $2.69B | $3.31B | $3.85B | $4.61B |
| Goodwill and Intangible Assets | $29.20B | $31.04B | $24.37B | $22.62B | $22.60B | $20.11B | $19.44B | $19.77B | $19.72B | $20.21B |
| Long Term Investments | $31.01B | $30.49B | $29.55B | $20.70B | $13.08B | $13.86B | $7.81B | $5.88B | $5.18B | $3.08B |
| Tax Assets | $12.17B | $5.26B | $1.28B | $1.08B | $721.00M | $737.00M | $680.00M | $383.00M | $251.00M | $- |
| Other Non-Current Assets | $10.05B | $6.62B | $5.36B | $3.95B | $2.34B | $2.69B | $2.67B | $1.82B | $3.18B | $3.28B |
| Total Non-Current Assets | $230.86B | $200.47B | $171.12B | $145.32B | $123.33B | $97.12B | $72.99B | $62.09B | $57.35B | $50.45B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $402.39B | $365.26B | $359.27B | $319.62B | $275.91B | $232.79B | $197.29B | $167.50B | $147.46B | $131.13B |
| Account Payables | $7.49B | $5.13B | $6.04B | $5.59B | $5.56B | $4.38B | $3.14B | $2.04B | $1.93B | $1.72B |
| Short Term Debt | $2.79B | $2.48B | $2.19B | $1.69B | $1.20B | $69.00M | $16.74B | $554.00M | $3.23B | $2.01B |
| Tax Payables | $2.75B | $9.26B | $808.00M | $1.49B | $274.00M | $69.00M | $881.00M | $554.00M | $302.00M | $96.00M |
| Deferred Revenue | $4.14B | $3.91B | $3.29B | $2.54B | $1.91B | $1.78B | $1.43B | $1.10B | $788.00M | $752.00M |
| Other Current Liabilities | $67.39B | $57.79B | $52.74B | $47.01B | $36.55B | $28.39B | $2.87B | $13.06B | $13.37B | $12.33B |
| Total Current Liabilities | $81.81B | $69.30B | $64.25B | $56.83B | $45.22B | $34.62B | $24.18B | $16.76B | $19.31B | $16.80B |
| Long Term Debt | $25.71B | $27.20B | $26.21B | $25.08B | $14.77B | $4.01B | $3.97B | $3.94B | $2.00B | $3.23B |
| Deferred Revenue Non-Current | $911.00M | $599.00M | $535.00M | $481.00M | $358.00M | $396.00M | $340.00M | $202.00M | $151.00M | $104.00M |
| Deferred Tax Liabilities Non-Current | $485.00M | $514.00M | $5.26B | $3.56B | $1.70B | $1.26B | $430.00M | $226.00M | $189.00M | $1.97B |
| Other Non-Current Liabilities | $10.09B | $11.51B | $11.38B | $11.12B | $12.42B | $14.87B | $15.87B | $7.34B | $5.49B | $4.53B |
| Total Non-Current Liabilities | $37.20B | $39.82B | $43.38B | $40.24B | $29.25B | $20.54B | $20.61B | $11.71B | $7.82B | $9.83B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $119.01B | $109.12B | $107.63B | $97.07B | $74.47B | $55.16B | $44.79B | $28.46B | $27.13B | $26.63B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $76.53B | $68.18B | $61.77B | $58.51B | $50.55B | $45.05B | $40.25B | $36.31B | $32.98B | $28.77B |
| Retained Earnings | $211.25B | $195.56B | $191.48B | $163.40B | $152.12B | $134.88B | $113.25B | $105.13B | $89.22B | $75.71B |
| Accumulated Other Comprehensive Income Loss | $-4.40B | $-7.60B | $-1.62B | $633.00M | $-1.23B | $-2.31B | $-992.00M | $-2.40B | $-1.87B | $27.00M |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $283.38B | $256.14B | $251.63B | $222.54B | $201.44B | $177.63B | $152.50B | $139.04B | $120.33B | $104.50B |
| Total Equity | $283.38B | $256.14B | $251.63B | $222.54B | $201.44B | $177.63B | $152.50B | $139.04B | $120.33B | $104.50B |
| Total Liabilities and Stockholders Equity | $402.39B | $365.26B | $359.27B | $319.62B | $275.91B | $232.79B | $197.29B | $167.50B | $147.46B | $131.13B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $402.39B | $365.26B | $359.27B | $319.62B | $275.91B | $232.79B | $197.29B | $167.50B | $147.46B | $131.13B |
| Total Investments | $117.88B | $122.38B | $148.25B | $130.93B | $114.25B | $106.30B | $98.97B | $79.29B | $61.70B | $49.13B |
| Total Debt | $28.50B | $29.68B | $26.21B | $25.08B | $14.77B | $4.01B | $3.97B | $3.94B | $5.22B | $5.24B |
| Net Debt | $4.46B | $7.80B | $5.26B | $-1.39B | $-3.73B | $-12.69B | $-6.75B | $-8.98B | $-11.33B | $-13.11B |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $73.80B | $59.97B | $76.03B | $40.27B | $34.34B | $30.74B | $12.66B | $19.48B | $16.35B | $14.44B |
| Depreciation and Amortization | $11.95B | $15.93B | $12.44B | $13.70B | $11.78B | $9.04B | $6.92B | $6.14B | $5.06B | $4.98B |
| Deferred Income Tax | $-7.76B | $-8.08B | $1.81B | $1.39B | $173.00M | $778.00M | $258.00M | $-38.00M | $-179.00M | $-104.00M |
| Stock Based Compensation | $22.46B | $19.36B | $15.38B | $12.99B | $10.79B | $9.35B | $7.68B | $6.70B | $5.20B | $4.28B |
| Change in Working Capital | $-3.85B | $-2.23B | $-1.52B | $1.83B | $819.00M | $4.91B | $9.25B | $3.30B | $-409.00M | $364.00M |
| Accounts Receivables | $-7.83B | $-2.32B | $-9.10B | $-6.52B | $-4.34B | $-2.17B | $-3.77B | $-2.58B | $-2.09B | $-1.64B |
| Inventory | $2.28B | $- | $7.14B | $5.81B | $7.82B | $7.89B | $3.68B | $2.42B | $1.62B | $1.46B |
| Accounts Payables | $664.00M | $707.00M | $283.00M | $694.00M | $428.00M | $1.07B | $731.00M | $110.00M | $203.00M | $436.00M |
| Other Working Capital | $1.05B | $-625.00M | $149.00M | $1.84B | $-3.09B | $-1.88B | $8.60B | $3.35B | $-136.00M | $108.00M |
| Other Non Cash Items | $5.15B | $6.55B | $-12.48B | $-5.05B | $-3.39B | $-6.84B | $331.00M | $449.00M | $-2.00M | $-1.59B |
| Net Cash Provided by Operating Activities | $101.75B | $91.50B | $91.65B | $65.12B | $54.52B | $47.97B | $37.09B | $36.04B | $26.02B | $22.38B |
| Investments in Property Plant and Equipment | $-32.25B | $-31.48B | $-24.64B | $-22.28B | $-23.55B | $-25.14B | $-13.18B | $-10.21B | $-9.91B | $-10.96B |
| Acquisitions Net | $-495.00M | $-6.97B | $-2.62B | $-738.00M | $-2.52B | $-1.49B | $-287.00M | $-986.00M | $-236.00M | $-4.50B |
| Purchases of Investments | $-80.89B | $-81.41B | $-138.03B | $-143.75B | $-102.25B | $-52.23B | $-93.94B | $-85.62B | $-76.54B | $-58.31B |
| Sales Maturities of Investments | $87.62B | $97.97B | $129.23B | $133.93B | $98.23B | $50.26B | $74.49B | $67.84B | $63.33B | $51.31B |
| Other Investing Activities | $-1.05B | $1.59B | $541.00M | $68.00M | $589.00M | $98.00M | $1.52B | $-2.19B | $-350.00M | $1.40B |
| Net Cash Used for Investing Activities | $-27.06B | $-20.30B | $-35.52B | $-32.77B | $-29.49B | $-28.50B | $-31.40B | $-31.16B | $-23.71B | $-21.05B |
| Debt Repayment | $-11.55B | $-54.07B | $-21.43B | $-2.10B | $-268.00M | $-6.83B | $-4.38B | $-1.33B | $-13.73B | $-11.64B |
| Common Stock Issued | $- | $- | $- | $- | $- | $950.00M | $800.00M | $- | $- | $- |
| Common Stock Repurchased | $-61.50B | $-59.30B | $-50.27B | $-31.15B | $-18.40B | $-9.07B | $-4.85B | $-3.69B | $-1.78B | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $961.00M | $43.61B | $10.35B | $8.84B | $-4.54B | $1.77B | $125.00M | $-3.30B | $11.83B | $10.20B |
| Net Cash Used Provided by Financing Activities | $-72.09B | $-69.76B | $-61.36B | $-24.41B | $-23.21B | $-13.18B | $-8.30B | $-8.33B | $-3.68B | $-1.44B |
| Effect of Forex Changes on Cash | $-421.00M | $-506.00M | $-287.00M | $24.00M | $-23.00M | $-302.00M | $405.00M | $-170.00M | $-434.00M | $-433.00M |
| Net Change in Cash | $2.17B | $934.00M | $-5.52B | $7.97B | $1.80B | $5.99B | $-2.20B | $-3.63B | $-1.80B | $-551.00M |
| Cash at End of Period | $24.05B | $21.88B | $20.95B | $26.46B | $18.50B | $16.70B | $10.71B | $12.92B | $16.55B | $18.35B |
| Cash at Beginning of Period | $21.88B | $20.95B | $26.46B | $18.50B | $16.70B | $10.71B | $12.92B | $16.55B | $18.35B | $18.90B |
| Operating Cash Flow | $101.75B | $91.50B | $91.65B | $65.12B | $54.52B | $47.97B | $37.09B | $36.04B | $26.02B | $22.38B |
| Capital Expenditure | $-32.25B | $-31.48B | $-24.64B | $-22.28B | $-23.55B | $-25.14B | $-13.18B | $-10.21B | $-9.91B | $-10.96B |
| Free Cash Flow | $69.50B | $60.01B | $67.01B | $42.84B | $30.97B | $22.83B | $23.91B | $25.82B | $16.11B | $11.42B |