Stock Analysis on Net
Stock Analysis on Net

Alphabet Inc. (NASDAQ:GOOG)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Alphabet Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Accounts payable 2.05 1.77 1.86 1.40 1.68
Accrued compensation and benefits 2.95 3.35 3.76 3.84 3.87
Accrued fines and settlements 2.62 2.18 2.37 2.49 2.73
Accrued purchases of property and equipment 1.49 1.58 1.16 0.83 0.67
Accrued customer liabilities 0.84 0.96 1.03 0.99 0.98
Payables to brokers for unsettled investment trades 0.16 0.86 0.00 0.00 0.00
Income taxes payable, net 0.09 0.65 0.68 0.45 0.00
Current finance lease liabilities 0.07 0.05 0.00 0.00 0.00
Short-term debt 0.34 0.73 0.34 0.08 0.03
Other accrued expenses and current liabilities 3.72 4.37 5.89 5.53 4.51
Accrued expenses and other current liabilities 9.33% 11.38% 11.47% 10.37% 8.92%
Accrued revenue share 1.83 2.18 2.21 2.29 2.50
Deferred revenue 1.11 1.12 1.03 1.07 0.92
Current liabilities 17.26% 19.79% 20.33% 18.97% 17.88%
Long-term debt, excluding current portion 7.82 2.42 3.29 4.02 4.12
Income taxes payable, non-current 1.60 1.95 2.11 2.53 2.55
Long-term operating lease liabilities 2.14 2.60 3.10 3.42 3.17
Long-term finance lease liabilities 0.35 0.32 0.00 0.00 0.00
Other long-term liabilities 1.07 0.72 0.75 0.92 2.23
Long-term liabilities 12.98% 8.01% 9.24% 10.90% 12.07%
Total liabilities 30.24% 27.80% 29.58% 29.87% 29.96%
Preferred stock, $0.001 par value per share; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00
Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share 15.64 18.83 19.02 18.67 17.19
Accumulated other comprehensive loss -0.32 -1.07 -1.09 -2.08 -0.45
Retained earnings 54.44 54.43 52.50 53.54 53.30
Stockholders’ equity 69.76% 72.20% 70.42% 70.13% 70.04%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).

The composition of liabilities and stockholders’ equity exhibited several notable shifts between 2021 and 2025. Overall, total liabilities remained relatively stable as a percentage of the total, fluctuating between approximately 27.8% and 30.2%. Stockholders’ equity consistently represented the majority of the company’s funding, ranging from 69.8% to 72.2% over the period.

Current Liabilities
Current liabilities as a percentage of the total decreased from 17.88% in 2021 to 17.26% in 2025. Within this category, accrued expenses and other current liabilities showed a peak in 2023 at 11.47% before declining to 9.33% in 2025. Accounts payable experienced a modest increase over the period, rising from 1.68% to 2.05%. A new line item, payables to brokers for unsettled investment trades, emerged in 2024, initially at 0.86% and decreasing significantly to 0.16% by 2025. Short-term debt increased substantially from 0.03% to 0.73% in 2024, then decreased to 0.34% in 2025.
Long-Term Liabilities
Long-term liabilities demonstrated a more pronounced decrease from 12.07% in 2021 to 8.01% in 2024, followed by an increase to 12.98% in 2025. This fluctuation was largely driven by changes in long-term debt, excluding the current portion, which fell from 4.12% to 2.42% before rising sharply to 7.82%. Long-term operating lease liabilities showed a consistent decline over the period. Other long-term liabilities decreased from 2.23% to 0.92% then increased to 1.07% in 2025.
Stockholders’ Equity Components
Within stockholders’ equity, retained earnings remained the largest component, consistently above 52% throughout the period, with a slight increase from 53.30% to 54.44%. Class A, Class B, and Class C stock and additional paid-in capital decreased from 17.19% to 15.64%. Accumulated other comprehensive loss remained relatively small but became less negative over the period, moving from -0.45% to -0.32%.
Accrued Expenses
Accrued compensation and benefits decreased steadily from 3.87% to 2.95%. Accrued fines and settlements also showed a downward trend, declining from 2.73% to 2.62%. Accrued revenue share decreased from 2.50% to 1.83% over the five-year period.

The shifts in liability structure suggest a dynamic approach to financing, with notable changes in short-term debt and long-term debt levels. The consistent presence of a substantial stockholders’ equity base indicates a strong financial foundation. The decreasing trend in certain accrued expense categories may reflect improved operational efficiency or changes in accounting practices.

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