Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Alphabet Inc. pages available for free this week:
- Income Statement
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Enterprise Value (EV)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
- Price to Book Value (P/BV) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Alphabet Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Alphabet Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 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).
Total assets demonstrate a substantial long-term expansion, growing from 327,095 million US$ in March 2021 to 921,983 million US$ by June 2026. While growth was steady between 2021 and 2023, a period of accelerated asset accumulation is observed starting in late 2024, with the most significant surge occurring in the first half of 2026.
- Liquidity and Current Asset Trends
- Cash and marketable securities experienced a period of gradual decline and volatility between March 2021 and June 2024, with combined totals dropping from 135,104 million US$ to 100,725 million US$. However, a sharp reversal occurred in 2025 and 2026, culminating in a peak of 242,474 million US$ by June 2026. Accounts receivable showed a consistent upward trend throughout the entire period, increasing from 28,006 million US$ to 69,175 million US$, suggesting a steady growth in credit-based operational volume. A notable emergence of inventory assets is recorded in June 2026 at 9,991 million US$, marking a departure from previous quarters where no inventory was reported.
- Fixed Asset and Infrastructure Investment
- Property and equipment, net, represents one of the most consistent and aggressive growth areas. This line item rose from 87,606 million US$ in March 2021 to 321,212 million US$ by June 2026. The rate of investment accelerated markedly after December 2023, indicating a massive scale-up in physical infrastructure and capital expenditures.
- Long-term Strategic Assets
- Non-marketable securities exhibited significant growth, particularly from March 2024 onward, increasing from 33,994 million US$ to 131,461 million US$ by June 2026. Goodwill remained relatively stable for several years before a sharp increase to 57,828 million US$ in 2026. Additionally, intangible assets appeared in the final three quarters of the period, reaching 9,105 million US$ by June 2026, suggesting recent acquisition activity or capitalization of intellectual property.
- Tax and Other Asset Adjustments
- Deferred income taxes showed an initial increase, peaking at 19,289 million US$ in June 2023, followed by a precipitous decline to 1,448 million US$ by June 2026. Other non-current assets remained stable until a significant increase was observed in June 2026, reaching 39,711 million US$.
The overall shift in the balance sheet composition indicates a transition from a liquidity-heavy posture in 2021 to a capital-intensive growth phase characterized by massive investments in fixed assets and non-marketable securities, ending with a surge in total cash reserves by mid-2026.