Alphabet Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $402.84B | $350.02B | $307.39B | $282.84B | $257.64B | $182.53B | $161.86B | $136.82B |
| Cost of Revenue | $162.54B | $146.31B | $133.33B | $126.20B | $110.94B | $84.73B | $71.90B | $59.55B |
| Gross Profit | $240.30B | $203.71B | $174.06B | $156.63B | $146.70B | $97.80B | $89.96B | $77.27B |
| Gross Margin | 59.7% | 58.2% | 56.6% | 55.4% | 56.9% | 53.6% | 55.6% | 56.5% |
| Operating Expenses | ||||||||
| Research & Development | $61.09B | $49.33B | $45.43B | $39.50B | $31.56B | $27.57B | $26.02B | $21.42B |
| SG&A Expense | $21.48B | $14.19B | $16.43B | $15.72B | $13.51B | $11.05B | $9.55B | $6.92B |
| Operating Income | $129.04B | $112.39B | $84.29B | $74.84B | $78.71B | $41.22B | $34.23B | $27.52B |
| Operating Margin | 32.0% | 32.1% | 27.4% | 26.5% | 30.6% | 22.6% | 21.1% | 20.1% |
| Interest Expense | — | — | $308.0M | $357.0M | $346.0M | $135.0M | $100.0M | $114.0M |
| Pretax Income | $158.83B | $119.82B | $85.72B | $71.33B | $90.73B | $48.08B | $39.63B | $34.91B |
| Income Tax Expense | $26.66B | $19.70B | $11.92B | $11.36B | $14.70B | $7.81B | $5.28B | $4.18B |
| Net Income | $132.17B | $100.12B | $73.80B | $59.97B | $76.03B | $40.27B | $34.34B | $30.74B |
| Net Margin | 32.8% | 28.6% | 24.0% | 21.2% | 29.5% | 22.1% | 21.2% | 22.5% |
| EPS (Basic) | $10.91 | $8.13 | $5.84 | $4.59 | $5.69 | $2.96 | $49.59 | $44.22 |
| EPS (Diluted) | $10.81 | $8.04 | $5.80 | $4.56 | $5.61 | $2.93 | $49.16 | $43.70 |
| Shares Outstanding (Basic) | 12.12B | 12.32B | 12.63B | 13.06B | 13.24B | 675.2M | 688.3M | 695.6M |
| Shares Outstanding (Diluted) | 12.23B | 12.45B | 12.72B | 13.16B | 13.24B | 675.2M | 688.3M | 695.6M |
| Dividends Per Share | $0.83 | $0.60 | — | — | — | — | — | — |