Stock Analysis on Net
Stock Analysis on Net

Alphabet Inc. (NASDAQ:GOOG)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

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

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Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Accounts payable 2.05 1.97 1.66 1.79 1.77 1.64 1.47 1.52 1.86 1.46 1.39 1.13 1.40 1.76 1.24 0.96 1.68 1.33 1.40 1.47
Accrued compensation and benefits 2.95 2.60 2.42 2.10 3.35 3.00 2.74 2.38 3.76 3.17 2.94 2.69 3.84 3.45 3.06 2.75 3.87 3.50 3.01 2.56
Accrued expenses and other current liabilities 9.33 11.08 10.37 12.26 11.38 10.83 11.40 11.93 11.47 14.02 12.87 11.69 10.37 10.07 9.83 10.47 8.92 9.87 9.18 9.97
Accrued revenue share 1.83 1.88 1.95 2.10 2.18 2.18 2.15 2.09 2.21 2.02 2.09 2.12 2.29 2.14 2.22 2.27 2.50 2.23 2.22 2.13
Deferred revenue 1.11 1.03 0.99 1.03 1.12 1.14 1.02 0.98 1.03 1.08 1.00 1.01 1.07 1.00 0.92 0.90 0.92 0.85 0.81 0.82
Current liabilities 17.26% 18.56% 17.39% 19.28% 19.79% 18.78% 18.78% 18.90% 20.33% 21.75% 20.29% 18.63% 18.97% 18.42% 17.27% 17.35% 17.88% 17.78% 16.62% 16.95%
Long-term debt, excluding current portion 7.82 4.03 4.70 2.29 2.42 2.86 3.19 3.25 3.29 3.47 3.58 3.71 4.02 4.09 4.15 4.14 4.12 4.11 4.27 4.25
Income taxes payable, non-current 1.60 1.88 2.00 2.06 1.95 1.91 1.86 2.27 2.11 2.03 2.29 2.63 2.53 2.39 2.30 2.63 2.55 2.59 2.58 2.84
Long-term operating lease liabilities 2.14 2.26 2.38 2.46 2.60 2.71 2.82 2.94 3.10 3.16 3.33 3.46 3.42 3.35 3.29 3.18 3.17 3.30 3.46 3.48
Other long-term liabilities 1.42 1.17 1.24 1.29 1.04 0.74 0.83 0.76 0.75 0.72 0.78 0.95 0.92 0.96 1.07 1.56 2.23 1.82 2.23 2.17
Long-term liabilities 12.98% 9.33% 10.32% 8.09% 8.01% 8.21% 8.70% 9.21% 9.24% 9.38% 9.97% 10.76% 10.90% 10.79% 10.81% 11.52% 12.07% 11.82% 12.55% 12.73%
Total liabilities 30.24% 27.89% 27.71% 27.37% 27.80% 26.99% 27.49% 28.11% 29.58% 31.13% 30.26% 29.39% 29.87% 29.21% 28.09% 28.87% 29.96% 29.60% 29.17% 29.68%
Preferred stock, $0.001 par value per share; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 17.09 17.78 18.24 18.83 19.06 19.22 19.13 19.02 18.80 18.86 19.02 18.67 18.49 18.13 17.60 17.19 17.61 18.02 18.17
Accumulated other comprehensive income (loss) -0.32 -0.38 -0.42 -0.86 -1.07 -0.75 -1.21 -1.19 -1.09 -1.77 -1.56 -1.62 -2.08 -2.47 -1.64 -1.13 -0.45 -0.12 0.06 0.00
Retained earnings 54.44 55.40 54.93 55.25 54.43 54.69 54.50 53.95 52.50 51.84 52.44 53.22 53.54 54.77 55.42 54.67 53.30 52.90 52.76 52.15
Stockholders’ equity 69.76% 72.11% 72.29% 72.63% 72.20% 73.01% 72.51% 71.89% 70.42% 68.87% 69.74% 70.61% 70.13% 70.79% 71.91% 71.13% 70.04% 70.40% 70.83% 70.32%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).

The composition of liabilities and stockholders’ equity for the analyzed entity exhibits several notable trends over the observed period from March 2021 to December 2025. Current liabilities consistently represent a significant portion of the total, fluctuating between approximately 16.6% and 21.8% of the total. Long-term liabilities, while smaller in proportion, demonstrate a more pronounced shift over time, particularly in the later periods. Stockholders’ equity maintains a dominant position, generally comprising over 70% of the total, though a slight decrease is observed towards the end of the period.

Current Liabilities
Current liabilities generally increased from 16.95% in March 2021 to a peak of 21.75% in September 2023, before decreasing to 17.26% by December 2025. Accrued expenses and other current liabilities are the primary driver of this trend, increasing from 9.97% to 14.02% in September 2023, then declining to 9.33% in December 2025. Accounts payable and accrued compensation and benefits show more moderate fluctuations within the current liability category.
Long-Term Debt
Long-term debt, excluding the current portion, demonstrates a consistent downward trend, decreasing from 4.25% in March 2021 to 2.42% in December 2022, and continuing to decline to 7.82% in December 2025. This suggests a reduction in reliance on long-term borrowing. The increase in long-term debt in the final period is notable and warrants further investigation.
Stockholders’ Equity
Stockholders’ equity remained the largest component of the balance sheet throughout the period, consistently above 70%. However, a gradual decline is observed, from 70.32% in March 2021 to 69.76% in December 2025. This decrease is primarily attributable to changes within the equity components, specifically a reduction in accumulated other comprehensive income (loss) and a slight decrease in the proportion of Class A, Class B, and Class C stock and additional paid-in capital. Retained earnings, while substantial, also show a modest decrease over the period.
Other Notable Trends
Income taxes payable, non-current, and long-term operating lease liabilities exhibit relatively stable percentages, fluctuating within a narrow range throughout the period. Other long-term liabilities show some volatility, with an increase towards the end of the period. Deferred revenue and accrued revenue share remain relatively consistent, representing a small but stable portion of the total liabilities and stockholders’ equity.

Overall, the entity appears to be managing its liabilities effectively, with a focus on current obligations. The reduction in long-term debt suggests a strengthening financial position, although the recent increase in long-term debt in the final period should be monitored. The slight decrease in stockholders’ equity warrants further analysis to understand the underlying drivers and potential implications.

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