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)

Microsoft Excel
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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable 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 1.75 1.47 1.46 1.50
Accrued compensation and benefits 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 3.47 2.92 2.56 2.07
Accrued expenses and other current liabilities 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 9.42 8.93 9.12 8.60
Accrued revenue share 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 2.35 2.02 1.80 1.82
Deferred revenue 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 0.80 0.77 0.74 0.71
Current liabilities 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% 17.78% 16.11% 15.68% 14.70%
Long-term debt, excluding current portion 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 4.36 4.65 1.44 1.83
Income taxes payable, non-current 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 2.77 2.88 3.09 3.37
Long-term operating lease liabilities 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 3.49 3.67 3.85 3.83
Other long-term liabilities 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 1.97 1.54 1.50 1.78
Long-term liabilities 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% 12.59% 12.74% 9.88% 10.81%
Total liabilities 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% 30.37% 28.85% 25.56% 25.51%
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 0.00 0.00
Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share 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 18.31 19.15 20.09 19.64
Accumulated other comprehensive income (loss) -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 0.20 0.02 -0.11 -0.40
Retained earnings 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 51.12 51.99 54.47 55.25
Stockholders’ equity 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% 69.63% 71.15% 74.44% 74.49%
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% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Current Liabilities
Current liabilities as a percentage of total liabilities and stockholders’ equity showed an overall increasing trend from 14.7% in Q1 2020, peaking at 21.75% in Q3 2023, followed by a gentle decline to 17.39% by Q2 2025. This suggests a growing proportion of short-term obligations, with a peak indicating a possible rise in near-term liabilities during late 2023.
Accounts Payable
Accounts payable relative to total funding fluctuated moderately between 1.33% and 1.86% from mid-2020 through 2024, with peaks at 1.86% in Q4 2023 and generally stable values thereafter around 1.7%. This indicates a relatively stable but slightly increasing reliance on supplier credit or owed payments over the observed period.
Accrued Compensation and Benefits
This category exhibited cyclical fluctuations, rising from 2.07% in Q1 2020 to peaks near 3.87% in Q4 2020 and 3.76% in Q4 2023, followed by declines to approximately 2.1%-2.4% in early 2025. The pattern suggests seasonal or operational impacts on employee-related liabilities.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities increased steadily from 8.6% in Q1 2020 to a peak above 14% in Q3 2023, before declining slightly to around 10.37% by Q2 2025. This indicates a growing proportion of miscellaneous current obligations with some normalization in recent quarters.
Accrued Revenue Share
This item remained relatively stable, fluctuating mildly between 1.8% and 2.5% across all periods, exhibiting slight dips towards 1.95% in Q2 2025. Stability of this ratio reflects consistent practices or contractual obligations related to revenue sharing.
Deferred Revenue
Deferred revenue followed a gradual upward trend, increasing from 0.71% in Q1 2020 to peaks around 1.14% in Q4 2023, before a minor decline to approximately 0.99% in Q2 2025. This suggests incremental growth in deferred income, potentially reflecting more advance payments or subscription-based service arrangements over time.
Long-term Debt, Excluding Current Portion
Long-term debt increased sharply to 4.65% by Q3 2020, indicating a financing event or reclassification, then stabilized between 4.0% and 4.3% through 2022. From 2023 onward, there was a gradual decline down to 2.29% in Q2 2025, except a spike back to 4.7% at the end of 2025, which may be indicative of new borrowing or changes in capital structure.
Income Taxes Payable, Non-Current
Non-current income taxes payable showed a slow but steady decline from 3.37% in early 2020 to near 2.0% by mid-2025, indicating a diminishing proportion of deferred or outstanding tax liabilities over time.
Long-term Operating Lease Liabilities
Long-term lease liabilities decreased gradually from 3.83% in Q1 2020 to 2.38% by Q2 2025, reflecting possible lease terminations, renegotiations, or shifts towards short-term leases or owned assets.
Other Long-term Liabilities
This category contracted from around 1.78% in Q1 2020 down to less than 1% in 2022 and remained below 1.3% thereafter, showing reduced exposure to other non-classified long-term obligations, with some volatility near the end of the period.
Total Long-term Liabilities
Total long-term liabilities increased to 12.74% by Q3 2020, then gradually declined towards 8% by 2024, slightly rising again near 10.3% in Q2 2025. This reflects an initial build-up followed by deleveraging or asset/liability rebalancing over multiple years.
Total Liabilities
Total liabilities as a proportion of total funding rose from 25.51% in early 2020 to peaks near 31% in late 2023, then fell to approximately 27.7% by mid-2025, indicating a moderate increase in leverage with some reduction after the peak period.
Stockholders’ Equity Components
Class A, B, and C stock plus additional paid-in capital decreased from about 19.64% in Q1 2020 to lows near 17.6% by early 2022, then fluctuated mildly around 17.7%-19.2% through 2024, ending at 17.78% by Q2 2025. Retained earnings maintained dominance, ranging between approximately 51.8% and 55.4%, exhibiting overall stability with minor variations, including a notable dip around 2023. Accumulated other comprehensive income (loss) oscillated around zero but turned more negative after 2020, reaching lows nearly -2.47% in late 2022 before improving again, reflecting variable unrealized gains/losses on certain equity or currency items.
Stockholders' Equity Overall
Stockholders’ equity as a share of total capital stayed consistently above 68% throughout, with a dip below 69% around Q3-Q4 2023 and recovery to about 72.3% by mid-2025. This high proportion demonstrates strong equity funding relative to liabilities.
Summary Insights
The data indicates a gradual increase in current liabilities until late 2023, reflecting possible expansion or increased short-term obligations, followed by some stabilization or slight reduction. Long-term liabilities initially rose sharply around 2020 but showed a decreasing trend through 2024, hinting at strategic debt reduction or restructuring. Equity remained the predominant source of capital, with retained earnings contributing the most significant share. The variability in accrued expenses and compensation suggests seasonal or operational cycle influences. The overall capital structure displays a preference for equity financing with manageable leverage levels.