Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Alphabet Inc., consolidated income statement (quarterly data)

US$ in millions

3 months ended:	Jun 30, 2026	Mar 31, 2026	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
Revenues	119,796)	109,896)	113,828)	102,346)	96,428)	90,234)	96,469)	88,268)	84,742)	80,539)	86,310)	76,693)	74,604)	69,787)	76,048)	69,092)	69,685)	68,011)	75,325)	65,118)	61,880)	55,314)
Cost of revenues	(45,943)	(41,271)	(45,766)	(41,369)	(39,039)	(36,361)	(40,613)	(36,474)	(35,507)	(33,712)	(37,575)	(33,229)	(31,916)	(30,612)	(35,342)	(31,158)	(30,104)	(29,599)	(32,988)	(27,621)	(26,227)	(24,103)
Gross profit	73,853)	68,625)	68,062)	60,977)	57,389)	53,873)	55,856)	51,794)	49,235)	46,827)	48,735)	43,464)	42,688)	39,175)	40,706)	37,934)	39,581)	38,412)	42,337)	37,497)	35,653)	31,211)
Research and development	(18,219)	(17,032)	(18,572)	(15,151)	(13,808)	(13,556)	(13,116)	(12,447)	(11,860)	(11,903)	(12,113)	(11,258)	(10,588)	(11,468)	(10,267)	(10,273)	(9,841)	(9,119)	(8,708)	(7,694)	(7,675)	(7,485)
Sales and marketing	(8,403)	(7,606)	(8,215)	(7,205)	(7,101)	(6,172)	(7,363)	(7,227)	(6,792)	(6,426)	(7,719)	(6,884)	(6,781)	(6,533)	(7,183)	(6,929)	(6,630)	(5,825)	(7,604)	(5,516)	(5,276)	(4,516)
General and administrative	(6,461)	(4,291)	(5,341)	(7,393)	(5,209)	(3,539)	(4,405)	(3,599)	(3,158)	(3,026)	(5,206)	(3,979)	(3,481)	(3,759)	(5,096)	(3,597)	(3,657)	(3,374)	(4,140)	(3,256)	(3,341)	(2,773)
Income from operations	40,770)	39,696)	35,934)	31,228)	31,271)	30,606)	30,972)	28,521)	27,425)	25,472)	23,697)	21,343)	21,838)	17,415)	18,160)	17,135)	19,453)	20,094)	21,885)	21,031)	19,361)	16,437)
Other income (expense), net	97,983)	37,716)	3,183)	12,759)	2,662)	11,183)	1,271)	3,185)	126)	2,843)	715)	(146)	65)	790)	(1,013)	(902)	(439)	(1,160)	2,517)	2,033)	2,624)	4,846)
Income before income taxes	138,753)	77,412)	39,117)	43,987)	33,933)	41,789)	32,243)	31,706)	27,551)	28,315)	24,412)	21,197)	21,903)	18,205)	17,147)	16,233)	19,014)	18,934)	24,402)	23,064)	21,985)	21,283)
Provision for income taxes	(26,560)	(14,834)	(4,662)	(9,008)	(5,737)	(7,249)	(5,707)	(5,405)	(3,932)	(4,653)	(3,725)	(1,508)	(3,535)	(3,154)	(3,523)	(2,323)	(3,012)	(2,498)	(3,760)	(4,128)	(3,460)	(3,353)
Net income	112,193)	62,578)	34,455)	34,979)	28,196)	34,540)	26,536)	26,301)	23,619)	23,662)	20,687)	19,689)	18,368)	15,051)	13,624)	13,910)	16,002)	16,436)	20,642)	18,936)	18,525)	17,930)

Revenue exhibits a consistent long-term growth trajectory, increasing from 55,314 million USD in March 2021 to 119,796 million USD by June 2026. A recurring seasonal pattern is observable throughout the period, with revenue typically peaking in the December quarter of each calendar year.

Gross Profitability and Margin Trends: Gross profit expanded in alignment with revenue growth, rising from 31,211 million USD to 73,853 million USD. The expansion in gross profit exceeded the rate of revenue growth in later periods, indicating an improvement in gross margin efficiency over the five-year span.
Operational Expenditure Analysis: Research and development expenses showed the most aggressive and consistent increase, climbing from 7,485 million USD to 18,219 million USD. While sales, marketing, and general administrative costs also increased, they remained relatively more stable compared to R&D investment, suggesting a strategic prioritization of technical innovation over aggressive commercial expansion.
Operating Income Performance: Income from operations demonstrated robust growth, increasing from 16,437 million USD in March 2021 to 40,770 million USD by June 2026. The steady rise in operating income confirms that the organization successfully scaled its operations, achieving significant operational leverage as revenue growth outpaced the growth of total operating expenses.
Net Income and Non-Operating Volatility: Net income grew steadily until the first half of 2026, at which point a dramatic surge occurred, culminating in 112,193 million USD in June 2026. This spike is not derived from core operations but is directly attributable to a massive increase in other income, net, which reached 97,983 million USD in the final recorded quarter. Consequently, the net income for the final two quarters is heavily skewed by non-operating gains rather than organic operational growth.

AI Ask an analyst for more

Download chart

Alphabet Inc. (NASDAQ:GOOG)

Income StatementQuarterly Data

Income Statement
Quarterly Data