ALPHABET INC., 10-Q filed on 10/30/2025
Quarterly Report
v3.25.3
Cover Page - shares
shares in Millions
 9 Months Ended
Sep. 30, 2025
Oct. 22, 2025
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 2025  
Document Transition Report false  
Entity File Number 001-37580  
Entity Registrant Name Alphabet Inc.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 61-1767919  
Entity Address, Address Line One 1600 Amphitheatre Parkway  
Entity Address, City or Town Mountain View  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 94043  
City Area Code 650  
Local Phone Number 253-0000  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Amendment Flag false  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q3  
Entity Central Index Key 0001652044  
Current Fiscal Year End Date --12-31  
Class A Common Stock    
Document Information [Line Items]    
Title of 12(b) Security Class A Common Stock, $0.001 par value  
Trading Symbol GOOGL  
Security Exchange Name NASDAQ  
Entity Common Stock, Shares Outstanding   5,818
Class C share repurchases    
Document Information [Line Items]    
Title of 12(b) Security Class C Capital Stock, $0.001 par value  
Trading Symbol GOOG  
Security Exchange Name NASDAQ  
Entity Common Stock, Shares Outstanding   5,407
Class B Common Stock    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   842
2029 Euro Notes    
Document Information [Line Items]    
Title of 12(b) Security 2.500% Senior Notes due 2029  
No Trading Symbol Flag true  
Security Exchange Name NASDAQ  
2033 Euro Notes    
Document Information [Line Items]    
Title of 12(b) Security 3.000% Senior Notes due 2033  
No Trading Symbol Flag true  
Security Exchange Name NASDAQ  
2037 Euro Notes    
Document Information [Line Items]    
Title of 12(b) Security 3.375% Senior Notes due 2037  
No Trading Symbol Flag true  
Security Exchange Name NASDAQ  
2045 Euro Notes    
Document Information [Line Items]    
Title of 12(b) Security 3.875% Senior Notes due 2045  
No Trading Symbol Flag true  
Security Exchange Name NASDAQ  
2054 Euro Notes    
Document Information [Line Items]    
Title of 12(b) Security 4.000% Senior Notes due 2054  
No Trading Symbol Flag true  
Security Exchange Name NASDAQ  
v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 23,090 $ 23,466
Marketable securities 75,406 72,191
Total cash, cash equivalents, and marketable securities 98,496 95,657
Accounts receivable, net 57,148 52,340
Other current assets 18,303 15,714
Total current assets 173,947 163,711
Non-marketable securities 63,800 37,982
Deferred income taxes 10,331 17,180
Property and equipment, net 223,787 171,036
Operating lease assets 14,524 13,588
Goodwill 33,269 31,885
Other non-current assets 16,811 14,874
Total assets 536,469 450,256
Current liabilities:    
Accounts payable 10,546 7,987
Accrued compensation and benefits 13,944 15,069
Accrued expenses and other current liabilities 59,437 51,228
Accrued revenue share 10,081 9,802
Deferred revenue 5,542 5,036
Total current liabilities 99,550 89,122
Long-term debt 21,607 10,883
Income taxes payable, non-current 10,072 8,782
Operating lease liabilities 12,106 11,691
Other long-term liabilities 6,267 4,694
Total liabilities 149,602 125,172
Commitments and Contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding 0 0
Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share: 300,000 shares authorized (Class A 180,000, Class B 60,000, Class C 60,000); 12,211 (Class A 5,835, Class B 861, Class C 5,515) and 12,077 (Class A 5,818, Class B 842, Class C 5,417) shares issued and outstanding 91,695 84,800
Accumulated other comprehensive income (loss) (2,054) (4,800)
Retained earnings 297,226 245,084
Total stockholders’ equity 386,867 325,084
Total liabilities and stockholders’ equity $ 536,469 $ 450,256
v3.25.3
CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Sep. 30, 2025
Dec. 31, 2024
Stockholders’ equity:    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock and capital stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock and capital stock, shares authorized (in shares) 300,000,000,000 300,000,000,000
Common stock and capital stock, shares issued (in shares) 12,077,000,000 12,211,000,000
Common stock and capital stock, shares outstanding (in shares) 12,077,000,000 12,211,000,000
Class A Common Stock    
Stockholders’ equity:    
Common stock and capital stock, shares authorized (in shares) 180,000,000,000 180,000,000,000
Common stock and capital stock, shares issued (in shares) 5,818,000,000 5,835,000,000
Common stock and capital stock, shares outstanding (in shares) 5,818,000,000 5,835,000,000
Class B Common Stock    
Stockholders’ equity:    
Common stock and capital stock, shares authorized (in shares) 60,000,000,000 60,000,000,000
Common stock and capital stock, shares issued (in shares) 842,000,000 861,000,000
Common stock and capital stock, shares outstanding (in shares) 842,000,000 861,000,000
Class C share repurchases    
Stockholders’ equity:    
Common stock and capital stock, shares authorized (in shares) 60,000,000,000 60,000,000,000
Common stock and capital stock, shares issued (in shares) 5,417,000,000 5,515,000,000
Common stock and capital stock, shares outstanding (in shares) 5,417,000,000 5,515,000,000
v3.25.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenues $ 102,346 $ 88,268 $ 289,007 $ 253,549
Costs and expenses:        
Cost of revenues 41,369 36,474 116,768 105,693
Research and development 15,151 12,447 42,515 36,210
Sales and marketing 7,205 7,227 20,478 20,445
General and administrative 7,393 3,599 16,141 9,783
Total costs and expenses 71,118 59,747 195,902 172,131
Income from operations 31,228 28,521 93,105 81,418
Other income (expense), net 12,759 3,185 26,604 6,154
Income before income taxes 43,987 31,706 119,709 87,572
Provision for income taxes 9,008 5,405 21,994 13,990
Net income $ 34,979 $ 26,301 $ 97,715 $ 73,582
Basic net income per share (in dollars per share) $ 2.89 $ 2.14 $ 8.06 $ 5.96
Diluted net income per share (in dollars per share) $ 2.87 $ 2.12 $ 7.99 $ 5.90
v3.25.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Comprehensive Income [Abstract]        
Net income $ 34,979 $ 26,301 $ 97,715 $ 73,582
Other comprehensive income (loss):        
Change in foreign currency translation adjustment, net of income tax benefit (expense) of $93, $(60), $49, and $175 (642) 1,184 2,631 234
Available-for-sale investments:        
Change in net unrealized gains (losses) 230 1,208 1,066 755
Less: reclassification adjustment for net (gains) losses included in net income (36) 88 (149) 629
Net change, net of income tax benefit (expense) of $(368), $(54), $(394), and $(259) 194 1,296 917 1,384
Cash flow hedges:        
Change in net unrealized gains (losses) 338 (698) (895) (280)
Less: reclassification adjustment for net (gains) losses included in net income 183 2 93 (164)
Net change, net of income tax benefit (expense) of $138, $(123), $88, and $216 521 (696) (802) (444)
Other comprehensive income (loss) 73 1,784 2,746 1,174
Comprehensive income $ 35,052 $ 28,085 $ 100,461 $ 74,756
v3.25.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Comprehensive Income [Abstract]        
Income tax benefit (expense) related to foreign currency translation adjustment $ (60) $ 93 $ 175 $ 49
Income tax benefit (expense) related to available-for-sale investments (54) (368) (259) (394)
Income tax benefit (expense) related to cash flow hedges $ (123) $ 138 $ 216 $ 88
v3.25.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Class A, Class B, Class C Stock and Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2023   12,460    
Beginning balance at Dec. 31, 2023 $ 283,379 $ 76,534 $ (4,402) $ 211,247
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock issued (in shares)   97    
Stock-based compensation 17,104 $ 17,104    
Tax withholding related to vesting of restricted stock units and other (9,404) $ (9,390)   (14)
Repurchases of stock (in shares)   (293)    
Repurchases of stock (46,954) $ (2,529)   (44,425)
Dividends and dividend equivalents declared (5,055) 18   (5,073)
Sale of interest in consolidated entities 293 $ 293    
Net income 73,582     73,582
Other comprehensive income (loss) 1,174   1,174  
Ending balance (in shares) at Sep. 30, 2024   12,264    
Ending balance at Sep. 30, 2024 314,119 $ 82,030 (3,228) 235,317
Beginning balance (in shares) at Jun. 30, 2024   12,322    
Beginning balance at Jun. 30, 2024 300,753 $ 79,732 (5,012) 226,033
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock issued (in shares)   32    
Stock-based compensation 5,903 $ 5,903    
Tax withholding related to vesting of restricted stock units and other (3,096) $ (3,082)   (14)
Repurchases of stock (in shares)   (90)    
Repurchases of stock (15,299) $ (822)   (14,477)
Dividends and dividend equivalents declared (2,512) 14   (2,526)
Sale of interest in consolidated entities 285 $ 285    
Net income 26,301     26,301
Other comprehensive income (loss) 1,784   1,784  
Ending balance (in shares) at Sep. 30, 2024   12,264    
Ending balance at Sep. 30, 2024 314,119 $ 82,030 (3,228) 235,317
Beginning balance (in shares) at Dec. 31, 2024   12,211    
Beginning balance at Dec. 31, 2024 325,084 $ 84,800 (4,800) 245,084
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock issued (in shares)   86    
Stock-based compensation 18,011 $ 18,011    
Tax withholding related to vesting of restricted stock units and other (9,349) $ (9,349)    
Repurchases of stock (in shares)   (220)    
Repurchases of stock (40,117) $ (2,267)   (37,850)
Dividends and dividend equivalents declared (7,623) 100   (7,723)
Sale of interest in consolidated entities 400 $ 400    
Net income 97,715     97,715
Other comprehensive income (loss) 2,746   2,746  
Ending balance (in shares) at Sep. 30, 2025   12,077    
Ending balance at Sep. 30, 2025 386,867 $ 91,695 (2,054) 297,226
Beginning balance (in shares) at Jun. 30, 2025   12,104    
Beginning balance at Jun. 30, 2025 362,916 $ 89,283 (2,127) 275,760
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock issued (in shares)   29    
Stock-based compensation 6,413 $ 6,413    
Tax withholding related to vesting of restricted stock units and other (3,400) $ (3,400)    
Repurchases of stock (in shares)   (56)    
Repurchases of stock (11,553) $ (641)   (10,912)
Dividends and dividend equivalents declared (2,561) $ 40   (2,601)
Net income 34,979     34,979
Other comprehensive income (loss) 73   73  
Ending balance (in shares) at Sep. 30, 2025   12,077    
Ending balance at Sep. 30, 2025 $ 386,867 $ 91,695 $ (2,054) $ 297,226
v3.25.3
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Equity [Abstract]          
Dividends and dividend equivalents declared (in dollars per share) $ 0.21 $ 0.21 $ 0.20 $ 0.62 $ 0.40
v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income $ 97,715 $ 73,582
Adjustments:    
Depreciation of property and equipment 15,096 11,106
Stock-based compensation expense 17,882 16,975
Deferred income taxes 7,130 (3,809)
Loss (gain) on debt and equity securities, net (22,266) (2,738)
Other 843 2,592
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net (3,582) (1,321)
Income taxes, net (3,292) (2,797)
Other assets (4,060) (2,334)
Accounts payable (771) (42)
Accrued expenses and other liabilities 6,199 (6,366)
Accrued revenue share 100 478
Deferred revenue 1,317 860
Net cash provided by operating activities 112,311 86,186
Investing activities    
Purchases of property and equipment (63,596) (38,259)
Purchases of marketable securities (60,834) (65,034)
Maturities and sales of marketable securities 61,301 81,779
Purchases of non-marketable securities (3,312) (3,234)
Maturities and sales of non-marketable securities 1,196 732
Acquisitions, net of cash acquired, and purchases of intangible assets (1,425) (2,840)
Other investing activities (1,845) (2,500)
Net cash used in investing activities (68,515) (29,356)
Financing activities    
Net payments related to stock-based award activities (9,001) (9,141)
Repurchases of stock (40,210) (46,671)
Dividend payments (7,513) (4,921)
Proceeds from issuance of debt, net of costs 38,002 8,694
Repayments of debt (26,094) (8,951)
Proceeds from sale of interest in consolidated entities, net 400 293
Net cash used in financing activities (44,416) (60,697)
Effect of exchange rate changes on cash and cash equivalents 244 (222)
Net increase (decrease) in cash and cash equivalents (376) (4,089)
Cash and cash equivalents at beginning of period 23,466 24,048
Cash and cash equivalents at end of period $ 23,090 $ 19,959
v3.25.3
Summary of Significant Accounting Policies
 9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Nature of Operations
Google was incorporated in California in September 1998 and re-incorporated in the State of Delaware in August 2003. In 2015, we implemented a holding company reorganization, and as a result, Alphabet Inc. ("Alphabet") became the successor issuer to Google.
We generate revenues by delivering relevant, cost-effective online advertising; cloud-based solutions that provide enterprise customers of all sizes with infrastructure, platform services, and applications; sales of other products and services, such as fees received for subscription-based products, apps and in-app purchases, and devices.
Basis of Consolidation
The consolidated financial statements of Alphabet include the accounts of Alphabet and entities consolidated under the variable interest and voting models. Intercompany balances and transactions have been eliminated.
Unaudited Interim Financial Information
These unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (GAAP), and in our opinion, include all adjustments of a normal recurring nature necessary for fair financial statement presentation. Interim results are not necessarily indicative of the results to be expected for the full year ending December 31, 2025. We have made estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates.
These consolidated financial statements and other information presented in this Form 10-Q should be read in conjunction with the consolidated financial statements and the related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC.
Recently Issued Accounting Pronouncements Not Yet Adopted
In December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-09 "Income Taxes (Topics 740): Improvements to Income Tax Disclosures" to expand the disclosure requirements for income taxes. Upon adoption, we will be required to disclose additional specified categories in the rate reconciliation in both percentage and dollar amounts. We will also be required to disclose the amount of income taxes paid disaggregated by jurisdiction, among other disclosure requirements. The standard, which is effective for our 2025 annual period, will be applied retrospectively.
In November 2024, the FASB issued ASU 2024-03 "Income Statement: Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40)" to improve the disclosures about an entity’s expenses. Upon adoption, we will be required to disclose in the notes to the financial statements a disaggregation of certain expense categories included within the expense captions on the face of the income statement. The standard is effective for our 2027 annual period, and our interim periods beginning in 2028, with early adoption permitted. The standard can be applied either prospectively or retrospectively. We are currently assessing adoption timing and the effect that the updated standard will have on our financial statement disclosures.
In September 2025, the FASB issued ASU 2025-06 "Intangibles: Goodwill and Other‒Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software" to modernize the accounting for software costs under Subtopic 350-40, Intangibles‒Goodwill and Other‒Internal-Use Software (referred to as “internal-use software”). Upon adoption, we will be required to account for internal-use software under the updated capitalization criteria. The standard is effective for our interim and annual 2028 periods, with early adoption permitted. The standard can be applied either prospectively, retrospectively, or under a modified transition approach. We are currently assessing adoption timing and the method of adoption.
Prior Period Reclassifications
Certain amounts in prior periods have been reclassified to conform with current period presentation.
v3.25.3
Revenues
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregated Revenues
The following table presents revenues disaggregated by type (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Google Search & other$49,385 $56,567 $144,050 $161,459 
YouTube ads8,921 10,261 25,674 28,984 
Google Network7,548 7,354 22,405 21,964 
Google advertising65,854 74,182 192,129 212,407 
Google subscriptions, platforms, and devices
10,656 12,870 28,707 34,452 
Google Services total76,510 87,052 220,836 246,859 
Google Cloud11,353 15,157 31,274 41,041 
Other Bets388 344 1,248 1,167 
Hedging gains (losses)17 (207)191 (60)
Total revenues$88,268 $102,346 $253,549 $289,007 
The following table presents revenues disaggregated by geography, based on the addresses of our customers (in millions):
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
United States$43,139 49 %$48,758 48 %$123,072 49 %$138,785 48 %
EMEA(1)
25,472 29 29,911 29 73,943 29 84,096 29 
APAC(1)
14,547 16 17,819 17 41,659 16 49,153 17 
Other Americas(1)
5,093 6 6,065 6 14,684 6 17,033 6 
Hedging gains (losses)17 0 (207)0 191 0 (60)0 
Total revenues$88,268 100 %$102,346 100 %$253,549 100 %$289,007 100 %
(1)    Regions represent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America ("Other Americas").
Revenue Backlog
As of September 30, 2025, we had $157.7 billion of remaining performance obligations (“revenue backlog”), primarily related to Google Cloud. Revenue backlog represents commitments in customer contracts that have not yet been recognized as revenue. We expect to recognize just over 55% of the revenue backlog as revenues over the next 24 months with the remainder to be recognized thereafter. The estimated revenue backlog and timing of revenue recognition for these commitments is largely driven by our ability to deliver in accordance with relevant contract terms and when our customers utilize services. Revenue backlog includes related deferred revenue currently recorded as well as amounts that will be invoiced in future periods, and excludes contracts with an original expected term of one year or less and cancellable contracts.
Deferred Revenues
We record deferred revenues when cash payments are received or due in advance of our performance, including amounts which are refundable. Deferred revenues primarily relate to Google Cloud and Google subscriptions, platforms, and devices. Total deferred revenue as of December 31, 2024 was $6.0 billion, of which $4.1 billion was recognized as revenues for the nine months ended September 30, 2025. Total deferred revenue as of September 30, 2025 was $7.4 billion.
v3.25.3
Financial Instruments
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Financial Instruments Financial Instruments
Fair Value Measurements
Investments Measured at Fair Value on a Recurring Basis
Cash, cash equivalents, and marketable equity securities are measured at fair value and classified within
Level 1 and Level 2 in the fair value hierarchy, because we use quoted prices for identical assets in active markets or inputs that are based upon quoted prices for similar instruments in active markets.
Debt securities are measured at fair value and classified within Level 2 in the fair value hierarchy, because we use quoted market prices to the extent available or alternative pricing sources and models utilizing market observable inputs to determine fair value. For certain marketable debt securities, we have elected the fair value option for which changes in fair value are recorded in OI&E. The fair value option was elected for these securities to align with the unrealized gains and losses from related derivative contracts.
The following tables summarize our cash, cash equivalents, and marketable securities measured at fair value on a recurring basis (in millions):
As of December 31, 2024
Fair Value HierarchyAdjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueCash and Cash EquivalentsMarketable Securities
Fair value changes recorded in other comprehensive income
Time depositsLevel 2$2,217 $0 $0 $2,217 $2,081 $136 
Government bondsLevel 227,55183 (214)27,420 50 27,370 
Corporate debt securitiesLevel 218,30079 (222)18,157 0 18,157 
Mortgage-backed and asset-backed securitiesLevel 214,43763 (385)14,115 0 14,115 
Total investments with fair value change reflected in other comprehensive income(1)
62,505 225 (821)61,909 2,131 59,778 
Fair value adjustments recorded in net income
Money market fundsLevel 18,154 8,154 0 
Current marketable equity securities(2)
Level 14,708 0 4,708 
Mutual fundsLevel 2105 0 105 
Government bondsLevel 22,035 696 1,339 
Corporate debt securitiesLevel 23,037 78 2,959 
Mortgage-backed and asset-backed securitiesLevel 23,302 0 3,302 
Total investments with fair value change recorded in net income21,341 8,928 12,413 
Cash0 12,407 0 
Total$62,505 $225 $(821)$83,250 $23,466 $72,191 
(1)Represents gross unrealized gains and losses for debt securities recorded to accumulated other comprehensive income (AOCI).
(2)The long-term portion of marketable equity securities (subject to long-term lock-up restrictions) of $266 million as of December 31, 2024 is included within other non-current assets.
As of September 30, 2025
Fair Value HierarchyAdjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueCash and Cash Equivalents
Marketable Securities
Fair value changes recorded in other comprehensive income
Time depositsLevel 2$4,345 $0 $0 $4,345 $4,345 $0 
Government bondsLevel 227,763 434 (28)28,169 0 28,169 
Corporate debt securitiesLevel 218,375 249 (51)18,573 0 18,573 
Mortgage-backed and asset-backed securitiesLevel 214,285 159 (164)14,280 0 14,280 
Total investments with fair value change reflected in other comprehensive income(1)
64,768 842 (243)65,367 4,345 61,022 
Fair value adjustments recorded in net income
Money market fundsLevel 16,165 6,165 0 
Current marketable equity securitiesLevel 15,946 0 5,946 
Mutual fundsLevel 2590 59
Government bondsLevel 22,158487 1,671
Corporate debt securitiesLevel 23,16043 3,117
Mortgage-backed and asset-backed securitiesLevel 23,5910 3,591
Total investments with fair value change recorded in net income21,079 6,695 14,384 
Cash0 12,050 0 
Total$64,768 $842 $(243)$86,446 $23,090 $75,406 
(1)Represents gross unrealized gains and losses for debt securities recorded to AOCI.

Investments Measured at Fair Value on a Nonrecurring Basis
Our non-marketable equity securities are investments in privately held companies without readily determinable market values. The carrying value of our non-marketable equity securities is adjusted to fair value upon observable transactions for identical or similar investments of the same issuer or impairment. Non-marketable equity securities that have been remeasured during the period based on observable transactions are classified within Level 2 or Level 3 in the fair value hierarchy. Non-marketable equity securities that have been remeasured due to impairment are classified within Level 3. Our valuation methods include option pricing models, market comparable approach, and common stock equivalent method, which may include a combination of the observable transaction price at the transaction date and other unobservable inputs including volatility, expected time to exit, risk free rate, and the rights, and obligations of the securities we hold. These inputs vary significantly based on investment type.
As of September 30, 2025, the carrying value of our non-marketable equity securities was $61.1 billion, of which $38.9 billion was remeasured at fair value during the three months ended September 30, 2025 and was primarily classified within Level 2 of the fair value hierarchy at the time of measurement.
Debt Securities
The following table summarizes the estimated fair value of investments in available-for-sale marketable debt securities by effective contractual maturity dates (in millions):
As of
September 30, 2025
Due in 1 year or less$5,952 
Due in 1 year through 5 years36,655 
Due in 5 years through 10 years13,390 
Due after 10 years13,404 
Total$69,401 
The following tables present fair values and gross unrealized losses recorded to AOCI, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions):
 As of December 31, 2024
 Less than 12 Months12 Months or GreaterTotal
 Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss
Government bonds$11,119 $(126)$2,576 $(88)$13,695 $(214)
Corporate debt securities4,228 (17)6,838 (168)11,066 (185)
Mortgage-backed and asset-backed securities5,222 (106)3,813 (279)9,035 (385)
Total$20,569 $(249)$13,227 $(535)$33,796 $(784)
 As of September 30, 2025
 Less than 12 Months12 Months or GreaterTotal
 Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss
Government bonds$3,492 $(10)$1,356 $(18)$4,848 $(28)
Corporate debt securities438 0 3,161 (43)3,599 (43)
Mortgage-backed and asset-backed securities2,079 (25)2,718 (139)4,797 (164)
Total$6,009 $(35)$7,235 $(200)$13,244 $(235)
We determine realized gains or losses on the sale or extinguishment of debt securities on a specific identification method. The following table summarizes gains and losses for debt securities, reflected as a component of OI&E (in millions):    
Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Unrealized gain (loss) on fair value option debt securities$262 $15 $193 $242 
Gross realized gain on debt securities196 135 426 485 
Gross realized loss on debt securities(316)(30)(1,252)(268)
(Increase) decrease in allowance for credit losses18 2 21 30 
Total gain (loss) on debt securities recognized in other income (expense), net$160 $122 $(612)$489 
Equity Investments
The carrying value of equity securities is measured as the total initial cost plus the cumulative net gain (loss). Gains and losses, including impairments, are included as a component of OI&E in the Consolidated Statements of Income. See Note 7 for further details on OI&E. Certain of our non-marketable equity securities include our investments in variable interest entities (VIEs) where we are not the primary beneficiary. See Note 5 for further details on VIEs.
The carrying values for marketable and non-marketable equity securities are summarized below (in millions):
As of December 31, 2024As of September 30, 2025
Marketable Equity SecuritiesNon-Marketable Equity SecuritiesTotalMarketable Equity SecuritiesNon-Marketable Equity SecuritiesTotal
Total initial cost$4,767 $21,240 $26,007 $5,159 $27,105 $32,264 
Cumulative net gain (loss)(1)
312 14,291 14,603 1,934 33,965 35,899 
Carrying value$5,079 $35,531 $40,610 $7,093 $61,070 $68,163 
(1)Non-marketable equity securities cumulative net gain (loss) is comprised of $22.7 billion and $42.9 billion of gains and $8.4 billion and $8.9 billion of losses (including impairments) as of December 31, 2024 and September 30, 2025, respectively.
Gains and Losses on Marketable and Non-marketable Equity Securities
Gains and losses (including impairments), net, for marketable and non-marketable equity securities included in OI&E are summarized below (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Realized net gain (loss) on equity securities sold during the period$41 $50 $216 $595 
Unrealized net gain (loss) on marketable equity securities318 447 96 1,447 
Unrealized net gain (loss) on non-marketable equity securities(1)
1,462 10,237 3,038 19,736 
Total gain (loss) on equity securities in other income (expense), net$1,821 $10,734 $3,350 $21,778 
(1)Unrealized gain (loss) on non-marketable equity securities accounted for under the measurement alternative is comprised of $1.9 billion and $10.6 billion of upward adjustments and $412 million and $346 million of downward adjustments (including impairments) for the three months ended September 30, 2024 and 2025, respectively, and $5.0 billion and $20.9 billion of upward adjustments and $2.0 billion and $1.2 billion of downward adjustments (including impairments) for the nine months ended September 30, 2024 and 2025, respectively.
In the table above, realized net gain (loss) on equity securities sold during the period reflects the difference between the sale proceeds and the carrying value of the equity securities at the beginning of the period or the purchase date, if later.
Cumulative net gains (losses) on equity securities sold during the period, which is summarized in the following table (in millions), represents the total net gains (losses) recognized after the initial purchase date of the equity security sold during the period. While these net gains (losses) may have been reflected in periods prior to the period of sale, we believe they are important supplemental information as they reflect the economic net gains (losses) on the securities sold during the period. Cumulative net gains (losses) are calculated as the difference between the sale price and the initial purchase price for the equity security sold during the period.
Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Total sale price$540 $555 $2,213 $1,623 
Total initial cost577 453 1,541 1,317 
Cumulative net gains (losses)
$(37)$102 $672 $306 
Equity Securities Accounted for Under the Equity Method
As of December 31, 2024 and September 30, 2025, equity securities accounted for under the equity method had a carrying value of approximately $2.0 billion and $2.3 billion, respectively. Our share of gains and losses, including impairments, are included as a component of OI&E, in the Consolidated Statements of Income. See Note 7 for further details on OI&E. Certain of our equity method securities include our investments in VIEs where we are not the primary beneficiary. See Note 5 for further details on VIEs.
Convertible Notes
As of December 31, 2024 and September 30, 2025, we had investments in convertible notes of $2.9 billion and $1.3 billion, respectively. During the nine months ended September 30, 2025, we made additional investments in convertible notes totaling $1.1 billion and converted $3.0 billion of our convertible notes into equity securities, which included gains from conversion of $418 million. These gains were recognized in OI&E within the Consolidated Statement of Income. See Note 7 for further details on OI&E
Derivative Financial Instruments
We primarily use derivative instruments to manage risks relating to our ongoing business operations. The primary risk managed is foreign exchange risk. We use foreign currency contracts to reduce the risk that our cash flows, earnings, and investment in foreign subsidiaries will be adversely affected by foreign currency exchange rate fluctuations. We also enter into derivative instruments to partially offset our exposure to other risks and enhance investment returns.
We recognize derivative instruments in the Consolidated Balance Sheets at fair value and classify the derivatives primarily within Level 2 in the fair value hierarchy. We present our collar contracts (an option strategy comprised of a combination of purchased and written options) at net fair values and present all other derivatives at gross fair values. The accounting treatment for derivatives is based on the intended use and hedge designation.
Cash Flow Hedges
We designate foreign currency forward and option contracts (including collars) as cash flow hedges to hedge certain forecasted revenue transactions denominated in currencies other than the United States (U.S.) dollar. These contracts have maturities of 24 months or less.
Cash flow hedge amounts included in the assessment of hedge effectiveness are deferred in AOCI and subsequently reclassified to revenue when the hedged item is recognized in earnings. We exclude forward points and time value from our assessment of hedge effectiveness and amortize them on a straight-line basis over the life of the hedging instrument in revenues. The difference between fair value changes of the excluded component and the amount amortized to revenues is recorded in AOCI.
As of September 30, 2025, the net accumulated loss on our foreign currency cash flow hedges before tax effect was $257 million, which is expected to be reclassified from AOCI into revenues within the next 12 months.
Fair Value Hedges
We designate foreign currency forward contracts as fair value hedges to hedge foreign currency risks for our marketable securities denominated in currencies other than the U.S. dollar. Fair value hedge amounts included in the assessment of hedge effectiveness are recognized in OI&E, along with the offsetting gains and losses of the related hedged items. We exclude forward points from the assessment of hedge effectiveness and recognize changes in the excluded     component in OI&E.
Net Investment Hedges
We designate foreign currency forward contracts, option contracts (including collars), and foreign currency-denominated debt as net investment hedges to hedge the foreign currency risks related to our investment in foreign subsidiaries. Net investment hedge amounts included in the assessment of hedge effectiveness are recognized in AOCI along with the foreign currency translation adjustment. For derivative instruments, we exclude forward points and time value from the assessment of hedge effectiveness and recognize changes in the excluded component in OI&E.
We had no foreign currency-denominated debt as of December 31, 2024 and $7.8 billion carrying value of foreign currency-denominated debt designated as net investment hedges as of September 30, 2025.
Other Derivatives
We enter into foreign currency forward and option contracts that are not designated as hedging instruments to hedge intercompany transactions and other monetary assets or liabilities denominated in currencies other than the functional currency of a subsidiary. Gains and losses on these derivatives that are not designated as accounting hedges are primarily recorded in OI&E along with the foreign currency gains and losses on monetary assets and liabilities.
We also use derivatives not designated as hedging instruments to manage risks relating to interest rates, commodity prices, credit exposures, the market price of certain marketable equity securities, and to enhance investment returns. Additionally, we have credit derivative instruments resulting from agreements with third parties
to backstop certain obligations relating to data center leases. Gains and losses arising from other derivatives are primarily reflected within the “other” component of OI&E. See Note 7 for further details.
The gross notional amounts of outstanding derivative instruments were as follows (in millions):
As of
December 31, 2024		As of
September 30, 2025
Derivatives designated as hedging instruments:
Foreign exchange and other contracts
Cash flow hedges$20,315 $28,624 
Fair value hedges$1,562 $0 
Net investment hedges$6,986 $12,413 
Derivatives not designated as hedging instruments:
Foreign exchange contracts
$44,227 $47,208 
Credit derivatives (1)
$0 $6,529 
Other contracts$15,082 $13,439 
(1)    Notional amounts for credit derivatives are the backstop obligations related to certain third party data center leases and represent the maximum potential amount of future payments that could be required in the event of certain default scenarios, upon which we may receive equity in or cash payments from certain counterparties. See Note 5 for further details.
The fair values of outstanding derivative instruments were as follows (in millions):
 As of December 31, 2024As of September 30, 2025
  
Assets(1)
Liabilities(2)
Assets(1)
Liabilities(2)
Derivatives designated as hedging instruments:
Foreign exchange contracts$1,054 $0 $243 $361 
Derivatives not designated as hedging instruments:
Foreign exchange contracts2005931257
Other contracts4741934018
Total derivatives not designated as hedging instruments674 612 352 75 
Total$1,728 $612 $595 $436 
(1)    Derivative assets are recorded as other current and non-current assets in the Consolidated Balance Sheets.
(2)    Derivative liabilities are recorded as accrued expenses and other liabilities, current and non-current in the Consolidated Balance Sheets.
The gains (losses) on derivatives and non-derivative financial instruments in cash flow hedging and net investment hedging relationships recognized in other comprehensive income (OCI) are summarized below (in millions):
Three Months EndedNine Months Ended
 September 30,September 30,
2024202520242025
Cash flow hedging relationship:
Foreign exchange contracts
Amount included in the assessment of effectiveness$(738)$278 $(306)$(1,111)
Amount excluded from the assessment of effectiveness(103)128 (52)(41)
Net investment hedging relationship:
Amount included in the assessment of effectiveness
Foreign exchange contracts(424)55 (222)(794)
Foreign currency-denominated debt0 11 0 (208)
Total$(1,265)$472 $(580)$(2,154)
 The table below presents the gains (losses) of derivatives included in the Consolidated Statements of Income: (in millions):
Three Months Ended September 30,
20242025
RevenuesOther income (expense), netRevenuesOther income (expense), net
Total amounts included in the Consolidated Statements of Income$88,268 $3,185 $102,346 $12,759 
Effect of cash flow hedges:
Foreign exchange contracts
Amount reclassified from AOCI to income$(6)$0 $(237)$0 
Amount excluded from the assessment of effectiveness (amortized)23 0 30 0 
Effect of fair value hedges:
Foreign exchange contracts
Hedged items0 69 0 0 
Derivatives designated as hedging instruments0 (69)0 0 
Amount excluded from the assessment of effectiveness0 4 0 0 
Effect of net investment hedges:
Foreign exchange contracts
Amount excluded from the assessment of effectiveness0 47 0 87 
Effect of non-designated hedges:
Foreign exchange contracts0 (52)0 76 
Other contracts0 (32)0 11 
Total gains (losses)$17 $(33)$(207)$174 
Nine Months Ended September 30,
20242025
RevenuesOther income (expense), netRevenuesOther income (expense), net
Total amounts included in the Consolidated Statements of Income$253,549 $6,154 $289,007 $26,604 
Effect of cash flow hedges:
Foreign exchange contracts
Amount of gains (losses) reclassified from AOCI to income$174 $0 $(133)$0 
Amount excluded from the assessment of effectiveness (amortized)17 0 73 0 
Effect of fair value hedges:
Foreign exchange contracts
Hedged items0 44 0 (9)
Derivatives designated as hedging instruments0 (45)0 9 
Amount excluded from the assessment of effectiveness0 10 0 1 
Effect of net investment hedges:
Foreign exchange contracts
Amount excluded from the assessment of effectiveness0 114 0 146 
Effect of non-designated hedges:
Foreign exchange contracts0 (53)0 321 
Other contracts0 70 0 (84)
Total gains (losses)$191 $140 $(60)$384 
Offsetting of Derivatives
We enter into master netting arrangements and collateral security arrangements to reduce credit risk. Cash collateral received related to derivative instruments under our collateral security arrangements are included in other current assets with a corresponding liability. Cash and non-cash collateral pledged related to derivative instruments under our collateral security arrangements are included in other current assets.
The gross amounts of derivative instruments subject to master netting arrangements with various counterparties, and cash and non-cash collateral received and pledged under such agreements were as follows (in millions):
As of December 31, 2024
Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to Offset
Gross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance Sheets
Financial Instruments(1)
Cash and Non-Cash Collateral Received or PledgedNet Amounts
Derivatives assets$1,776 $(48)$1,728 $(516)$(721)$491 
Derivatives liabilities$660 $(48)$612 $(516)$(9)$87 
As of September 30, 2025
Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to Offset
Gross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance Sheets
Financial Instruments(1)
Cash and Non-Cash Collateral Received or PledgedNet Amounts
Derivatives assets$691 $(96)$595 $(130)$(111)$354 
Derivatives liabilities$532 $(96)$436 $(130)$(20)$286 
(1)The balances as of December 31, 2024 and September 30, 2025 were related to derivatives allowed to be net settled in accordance with our master netting agreements.
v3.25.3
Leases
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
We have entered into operating and finance lease agreements primarily for data centers, land, and offices throughout the world with varying lease terms.
Components of lease costs were as follows (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Operating lease cost$857 $862 $2,463 $2,470 
Finance lease cost:
Amortization of lease assets115 152 297 360 
Interest on lease liabilities8 17 22 48 
Finance lease cost123 169 319 408 
Variable lease cost330 483 1,016 1,215 
Total lease cost$1,310 $1,514 $3,798 $4,093 
Supplemental information related to leases was as follows (in millions):
As of
December 31, 2024		As of
September 30, 2025
Weighted-average remaining lease term
Operating leases7.8 years7.8 years
Finance leases10.4 years8.7 years
Weighted-average discount rate
Operating leases3.4 %3.6 %
Finance leases2.8 %3.0 %
As of
December 31, 2024		As of
September 30, 2025
Operating leases:
Operating lease assets$13,588 $14,524 
Accrued expenses and other liabilities$2,887 $3,099 
Operating lease liabilities11,691 12,106 
Total operating lease liabilities$14,578 $15,205 
Finance Leases:
Property and equipment, at cost$4,622 $5,988 
Accumulated depreciation(2,037)(2,411)
Property and equipment, net$2,585 $3,577 
Accrued expenses and other liabilities$235 $338 
Other long-term liabilities1,442 2,050 
Total finance lease liabilities$1,677 $2,388 
Supplemental cash flow information related to leases was as follows (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Cash payments for lease liabilities:
Operating cash flows used for operating leases
$885 $850 $2,571 $2,511 
Operating cash flows used for finance leases
$8 $17 $22 $48 
Financing cash flows used for finance leases(1)
$127 $92 $314 $394 
Assets obtained in exchange for lease liabilities:
Operating leases$683 $1,061 $1,580 $2,589 
Finance leases$78 $383 $243 $989 
(1)Financing cash flows used for financing leases are included within financing activities of the Consolidated Statements of Cash Flows as repayments of debt.
Future lease payments as of September 30, 2025 were as follows (in millions):
Operating LeasesFinance
Leases
Remainder of 2025$669 $307 
20263,307 330 
20272,806 330 
20282,259 321 
20291,820 298 
Thereafter6,679 1,328 
Total future lease payments17,540 2,914 
Less imputed interest(2,335)(526)
Total lease liability balance$15,205 $2,388 
As of September 30, 2025, we have entered into leases primarily related to data centers that have not yet commenced with future lease payments of $42.6 billion, including a purchase option considered reasonably certain to be exercised, that are not yet recorded on our Consolidated Balance Sheet. These leases will commence between 2025 and 2031 with non-cancelable lease terms between one and 25 years.
Leases Leases
We have entered into operating and finance lease agreements primarily for data centers, land, and offices throughout the world with varying lease terms.
Components of lease costs were as follows (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Operating lease cost$857 $862 $2,463 $2,470 
Finance lease cost:
Amortization of lease assets115 152 297 360 
Interest on lease liabilities8 17 22 48 
Finance lease cost123 169 319 408 
Variable lease cost330 483 1,016 1,215 
Total lease cost$1,310 $1,514 $3,798 $4,093 
Supplemental information related to leases was as follows (in millions):
As of
December 31, 2024		As of
September 30, 2025
Weighted-average remaining lease term
Operating leases7.8 years7.8 years
Finance leases10.4 years8.7 years
Weighted-average discount rate
Operating leases3.4 %3.6 %
Finance leases2.8 %3.0 %
As of
December 31, 2024		As of
September 30, 2025
Operating leases:
Operating lease assets$13,588 $14,524 
Accrued expenses and other liabilities$2,887 $3,099 
Operating lease liabilities11,691 12,106 
Total operating lease liabilities$14,578 $15,205 
Finance Leases:
Property and equipment, at cost$4,622 $5,988 
Accumulated depreciation(2,037)(2,411)
Property and equipment, net$2,585 $3,577 
Accrued expenses and other liabilities$235 $338 
Other long-term liabilities1,442 2,050 
Total finance lease liabilities$1,677 $2,388 
Supplemental cash flow information related to leases was as follows (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Cash payments for lease liabilities:
Operating cash flows used for operating leases
$885 $850 $2,571 $2,511 
Operating cash flows used for finance leases
$8 $17 $22 $48 
Financing cash flows used for finance leases(1)
$127 $92 $314 $394 
Assets obtained in exchange for lease liabilities:
Operating leases$683 $1,061 $1,580 $2,589 
Finance leases$78 $383 $243 $989 
(1)Financing cash flows used for financing leases are included within financing activities of the Consolidated Statements of Cash Flows as repayments of debt.
Future lease payments as of September 30, 2025 were as follows (in millions):
Operating LeasesFinance
Leases
Remainder of 2025$669 $307 
20263,307 330 
20272,806 330 
20282,259 321 
20291,820 298 
Thereafter6,679 1,328 
Total future lease payments17,540 2,914 
Less imputed interest(2,335)(526)
Total lease liability balance$15,205 $2,388 
As of September 30, 2025, we have entered into leases primarily related to data centers that have not yet commenced with future lease payments of $42.6 billion, including a purchase option considered reasonably certain to be exercised, that are not yet recorded on our Consolidated Balance Sheet. These leases will commence between 2025 and 2031 with non-cancelable lease terms between one and 25 years.
v3.25.3
Variable Interest Entities
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Variable Interest Entities Variable Interest Entities
Consolidated VIEs
We consolidate VIEs in which we hold a variable interest and are the primary beneficiary. The results of operations and financial position of these VIEs are included in our consolidated financial statements.
For certain consolidated VIEs, their assets are not available to us, and their creditors do not have recourse to us. As of December 31, 2024 and September 30, 2025, assets that can only be used to settle obligations of these VIEs were $8.7 billion and $6.2 billion, respectively, and are primarily included in cash and cash equivalents on our Consolidated Balance Sheets. As of December 31, 2024 and September 30, 2025, liabilities for which creditors only have recourse to the VIEs were $2.3 billion and $1.8 billion, respectively. We may continue to fund ongoing operations of certain VIEs that are included within Other Bets.
Total noncontrolling interests (NCI) in our consolidated subsidiaries were $4.2 billion and $3.9 billion as of December 31, 2024 and September 30, 2025, respectively, of which $1.1 billion and $853 million were redeemable noncontrolling interests (RNCI) as of December 31, 2024 and September 30, 2025, respectively. NCI and RNCI are included within additional paid-in capital. Net loss attributable to noncontrolling interests was not material for any period presented and is included within the "other" component of OI&E. See Note 7 for further details on OI&E.
Unconsolidated VIEs
We have interests in VIEs in which we are not the primary beneficiary. These VIEs include private companies that are primarily early stage companies, certain renewable energy entities in which activities involve power generation using renewable sources, and certain data center leasing entities.
We have determined that the governance structures of these entities do not allow us to direct the activities that would significantly affect their economic performance. Therefore, we are not the primary beneficiary, and the results of operations and financial position of these VIEs are not included in our consolidated financial statements.
We primarily account for our investments in private companies and renewable energy entities as non-marketable equity securities or equity method investments, which are included within non-marketable securities on our Consolidated Balance Sheets. The maximum exposure of these unconsolidated VIEs is generally based on the current carrying value of the investments and any future funding commitments. As of December 31, 2024 and September 30, 2025, our future funding commitments related to unconsolidated VIE investments were $1.5 billion and $860 million, respectively.
We account for our variable interests in certain data center leasing entities, which are in the form of credit backstop agreements as credit derivatives. The fair value of the credit derivatives are not material as of September 30, 2025. Our maximum exposure to loss for these unconsolidated VIEs is limited to our financial risk under certain default scenarios over remaining agreement periods of up to 10 years, to either pay a termination fee or assume the lease. As of September 30, 2025, the maximum exposure to loss is $6.5 billion. See Note 3 for further details on derivatives.
v3.25.3
Debt
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Debt Debt
Short-Term Debt
We have a short-term debt financing program of up to $25.0 billion through the issuance of commercial paper. Net proceeds from this program are used for general corporate purposes. We had $2.3 billion and $3.0 billion of commercial paper outstanding as of December 31, 2024 and September 30, 2025, respectively, with a weighted-average effective interest rate of 4.4% and 4.1%, respectively. The estimated fair value of the commercial paper approximated its carrying value as of December 31, 2024 and September 30, 2025.
Our short-term debt balance also includes the current portion of certain long-term debt.
Long-Term Debt
In May 2025, we issued $5.0 billion of U.S. dollar-denominated fixed-rate senior unsecured notes in four tranches: $750 million of 4.00% notes due 2030, $1.25 billion of 4.50% notes due 2035, $1.5 billion of 5.25% notes due 2055, and $1.5 billion of 5.30% notes due 2065. Additionally in May 2025, we issued €6.75 billion of euro-denominated fixed-rate senior unsecured notes in five tranches: €1.5 billion of 2.50% notes due 2029, €1.5 billion of 3.00% notes due 2033, €1.25 billion of 3.38% notes due 2037, €1.25 billion of 3.88% notes due 2045, and €1.25 billion of 4.00% notes due 2054. The net proceeds from all notes issued in May 2025 are used for general corporate purposes.
Total outstanding long-term debt is summarized below (in millions, except percentages):
MaturityCoupon RateEffective Interest RateAs of
December 31, 2024		As of
September 30, 2025
Debt
2016 U.S. dollar notes20262.00%2.23%$2,000 $2,000 
2020 U.S. dollar notes2027 - 2060
0.80% - 2.25%
0.93% - 2.33%
10,000 9,000 
2025 U.S. dollar notes2030 - 2065
4.00% - 5.30%
4.21% - 5.44%
0 5,000 
2025 Euro notes(1)
2029 - 2054
2.50% - 4.00%
2.69% - 4.12%
0 7,892 
      Total face value of long-term debt12,000 23,892 
Unamortized discount and debt issuance costs(1)
(118)(290)
Less: Current portion of long-term notes(2)
(999)(1,995)
       Total long-term debt$10,883 $21,607 
(1)Principal, unamortized discount, and debt issuance costs for the euro-denominated notes include the effect of foreign exchange rates.
(2)Total current portion of long-term debt is included within accrued expenses and other current liabilities. See Note 7 for further details.
The notes in the table above are fixed-rate senior unsecured obligations and rank equally with each other. We may redeem the notes at any time in whole or in part at specified redemption prices. The effective interest rates are based on proceeds received with interest payable semi-annually, except for the euro-denominated notes, which are payable annually.
The total estimated fair value of the outstanding notes was approximately $9.0 billion and $21.1 billion as of December 31, 2024 and September 30, 2025, respectively. The fair value was determined based on observable market prices of identical instruments in less active markets and is categorized accordingly as Level 2 in the fair value hierarchy.
Credit Facility
As of September 30, 2025, we had $10.0 billion of revolving credit facilities, of which $4.0 billion expires in April 2026 and $6.0 billion expires in April 2030. The interest rates for all credit facilities are determined based on a formula using certain market rates. No amounts were outstanding under the credit facilities as of December 31, 2024 and September 30, 2025.
v3.25.3
Supplemental Financial Statement Information
 9 Months Ended
Sep. 30, 2025
Balance Sheet Components Disclosure [Abstract]  
Supplemental Financial Statement Information Supplemental Financial Statement Information
Accounts Receivable
The allowance for credit losses on accounts receivable was $879 million and $918 million as of December 31, 2024 and September 30, 2025, respectively.
Property and Equipment, Net
Property and equipment, net, consisted of the following (in millions):
As of
December 31, 2024		As of
September 30, 2025
Technical infrastructure(1)
$139,596 $184,107 
Office space43,714 45,715 
Corporate and other assets16,519 18,059 
Property and equipment, in service199,829 247,881 
Less: accumulated depreciation(79,390)(93,950)
Add: assets not yet in service50,597 69,856 
Property and equipment, net$171,036 $223,787 
(1)    As of December 31, 2024 and September 30, 2025, approximately 60% of technical infrastructure assets were comprised of servers and network equipment. The remaining balance was comprised of data center land and buildings and related assets.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
As of
December 31, 2024		As of
September 30, 2025
Accrued purchases of property and equipment(1)
$7,104 $8,899 
European Commission fines(2)
6,322 10,564 
Accrued customer liabilities4,304 4,363 
Payables to brokers for unsettled investment trades3,866 4,004 
Income taxes payable, net2,905 551 
Other accrued expenses and current liabilities(3)
26,727 31,056 
Accrued expenses and other current liabilities$51,228 $59,437 
(1)    Additional property and equipment purchases of $3.2 billion and $5.7 billion as of December 31, 2024 and September 30, 2025, respectively, were included in accounts payable.
(2)    The amounts related to the European Commission (EC) fines, including any under appeal, are included in accrued expenses and other current liabilities on our Consolidated Balance Sheets. Amounts include the effects of foreign exchange and interest. See Note 10 for further details.
(3)    As of September 30, 2025, other accrued expenses and current liabilities included a $1.4 billion accrual for settlement of certain privacy matters. See Note 10 for further details.
Accumulated Other Comprehensive Income (Loss)
Components of AOCI, net of income tax, were as follows (in millions):
Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale InvestmentsUnrealized Gains (Losses) on Cash Flow HedgesTotal
Balance as of December 31, 2023$(3,407)$(965)$(30)$(4,402)
Other comprehensive income (loss) before reclassifications234 755 (228)761 
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI0 0 (52)(52)
Amounts reclassified from AOCI0 629 (164)465 
Other comprehensive income (loss)234 1,384 (444)1,174 
Balance as of September 30, 2024$(3,173)$419 $(474)$(3,228)
Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale InvestmentsUnrealized Gains (Losses) on Cash Flow HedgesTotal
Balance as of December 31, 2024$(5,080)$(299)$579 $(4,800)
Other comprehensive income (loss) before reclassifications2,631 1,066 (854)2,843 
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI0 0 (41)(41)
Amounts reclassified from AOCI0 (149)93 (56)
Other comprehensive income (loss)2,631 917 (802)2,746 
Balance as of September 30, 2025$(2,449)$618 $(223)$(2,054)
The effects on net income of amounts reclassified from AOCI were as follows (in millions):
Three Months EndedNine Months Ended
 September 30,September 30,
 AOCI ComponentsLocation2024202520242025
Unrealized gains (losses) on available-for-sale investments
Other income (expense), net$(113)$46 $(807)$187 
Benefit (provision) for income taxes25 (10)178 (38)
Net of income tax(88)36 (629)149 
Unrealized gains (losses) on cash flow hedges
Foreign exchange contractsRevenue(6)(237)174 (133)
Interest rate contractsOther income (expense), net0 0 1 0 
Benefit (provision) for income taxes4 54 (11)40 
Net of income tax(2)(183)164 (93)
Total amount reclassified, net of income tax$(90)$(147)$(465)$56 
Other Income (Expense), Net
Components of OI&E were as follows (in millions):
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Interest income$1,243 $1,076 $3,394 $3,128 
Interest expense(1)
(54)(143)(215)(438)
Foreign currency exchange gain (loss), net23 (143)(388)(318)
Gain (loss) on debt securities, net160 122 (612)489 
Gain (loss) on equity securities, net1,821 10,734 3,350 21,778 
Performance fees29 (174)261 (297)
Income (loss) and impairment from equity method investments, net(107)(30)(101)367 
Other70 1,317 465 1,895 
Other income (expense), net$3,185 $12,759 $6,154 $26,604 
(1)Interest expense is net of interest capitalized of $57 million and $130 million for the three months ended September 30, 2024 and 2025, respectively, and $143 million and $301 million for the nine months ended September 30, 2024 and 2025, respectively.
v3.25.3
Acquisitions
 9 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Acquisitions Acquisitions
Pending Acquisition
In March 2025, we entered into a definitive agreement to acquire Wiz, a leading cloud security platform, for $32.0 billion, subject to closing adjustments, in an all-cash transaction. The acquisition of Wiz is expected to close in 2026, subject to customary closing conditions, including the receipt of regulatory approvals. Upon the close of the acquisition, Wiz will be part of the Google Cloud segment.
v3.25.3
Goodwill
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
Changes in the carrying amount of goodwill for the nine months ended September 30, 2025 were as follows (in millions):
Google ServicesGoogle CloudOther BetsTotal
Balance as of December 31, 2024$23,521 $7,490 $874 $31,885 
Additions
1,163 132 0 1,295 
Foreign currency translation and other adjustments103 10 (24)89 
Balance as of September 30, 2025$24,787 $7,632 $850 $33,269 
v3.25.3
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Commitments
We have content licensing agreements with future fixed or minimum guaranteed commitments of $7.7 billion as of September 30, 2025, of which the majority is paid quarterly through the first quarter of 2030.
Indemnifications
In the normal course of business, including to facilitate transactions in our services and products and corporate activities, we indemnify certain parties, including advertisers, Google Network partners, distribution partners, customers of Google Cloud offerings, lessors, and service providers with respect to certain matters. We have agreed to defend and/or indemnify certain parties against losses arising from a breach of representations or covenants, or out of intellectual property infringement or other claims made against certain parties. Several of these agreements limit the time within which an indemnification claim can be made and the amount of the claim. In addition, we have entered into indemnification agreements with our officers and directors, and our bylaws contain similar indemnification obligations to our agents.
It is not possible to make a reasonable estimate of the maximum potential amount under these indemnification agreements due to the unique facts and circumstances involved in each particular agreement. Additionally, the payments we have made under such agreements have not had a material adverse effect on our results of operations, cash flows, or financial position. However, to the extent that valid indemnification claims arise in the future, future payments by us could be significant and could have a material adverse effect on our results of operations or cash flows in a particular period.
As of September 30, 2025, we did not have any material indemnification claims that were probable or reasonably possible.
Legal Matters
We record a liability when we believe that it is probable that a loss has been incurred, and the amount can be reasonably estimated. If we determine that a loss is reasonably possible and the loss or range of loss can be estimated, we disclose the reasonably possible loss. We evaluate developments in our legal matters that could affect the amount of liability that has been previously accrued, and the matters and related reasonably possible losses disclosed, and make adjustments as appropriate.
Certain outstanding matters seek speculative, substantial or indeterminate monetary amounts, substantial changes to our business practices and products, or structural remedies. Significant judgment is required to determine both the likelihood of there being a loss and the estimated amount of a loss related to such matters, and we may be unable to estimate the reasonably possible loss or range of losses. The outcomes of outstanding legal matters are inherently unpredictable and subject to significant uncertainties, and could, either individually or in aggregate, have a material adverse effect.
We expense legal fees in the period in which they are incurred.
Antitrust Matters
We are subject to formal and informal inquiries and investigations as well as litigation on various competition matters by regulatory authorities and private parties in the U.S., Europe, and other jurisdictions globally, including the following:
•Shopping: In June 2017, the EC announced its decision that certain actions taken by Google relating to its display and ranking of shopping search results and ads infringed European antitrust laws and imposed a €2.4 billion fine. In 2024, we made a cash payment of $3.0 billion for the fine.
•Android: In July 2018, the EC announced its decision that certain provisions in Google's Android-related distribution agreements infringed European antitrust laws, imposed a €4.3 billion fine, and directed the termination of the conduct at issue. We appealed the EC decision and implemented changes to certain of our Android distribution practices. In September 2022, the General Court affirmed the EC decision but reduced the fine from €4.3 billion to €4.1 billion. We subsequently appealed the General Court's affirmation of the EC decision with the European Court of Justice, which remains pending. In 2018, we recognized a charge of $5.1 billion for the fine, which we reduced by $217 million in 2022.
•AdSense for Search: In March 2019, the EC announced its decision that certain provisions in Google's agreements with AdSense for Search partners infringed European antitrust laws, imposed a fine of €1.5 billion, and directed actions related to AdSense for Search partners' agreements, which we implemented prior to the decision. In 2019, we recognized a charge of $1.7 billion for the fine and appealed the EC decision. In September 2024, the General Court overturned the EC decision and annulled the €1.5 billion fine. The EC has appealed the General Court's decision with the European Court of Justice.
•Search: In October 2020, the U.S. Department of Justice (DOJ) and a number of state Attorneys General filed a lawsuit in the U.S. District Court for the District of Columbia concerning Google's Search and Search advertising practices and its compliance with U.S. antitrust laws. In August 2024, the U.S. District Court for the District of Columbia ruled against Google. In September 2025, a decision on remedies was issued, which, among other things, imposes restrictions on how Google distributes its services, and requires Google to share certain search data with and offer syndication services to certain competitors. We expect a final judgment will be entered in late 2025.
Further, in June 2022, the Australian Competition and Consumer Commission (ACCC) opened an investigation into Search distribution practices. In August 2025, we agreed to a settlement with the ACCC requiring, among other things, changes to our Android agreements. Final approval of the settlement remains pending before the court.
In October 2023, the Japanese Fair Trade Commission (JFTC) opened an investigation into Search distribution practices. In April 2025, the JFTC issued a cease-and-desist order requiring us to make changes to our Android agreements to ensure they are consistent with Japanese antitrust law. The JFTC did not impose monetary penalties. We are constructively engaging with the JFTC regarding compliance with the order.
•Advertising Technology: In December 2020, a number of state Attorneys General filed a lawsuit in the U.S. District Court for the Eastern District of Texas concerning Google's advertising technology and its compliance with U.S. antitrust laws and state deceptive trade laws. In January 2023, the DOJ, along with a number of state Attorneys General, filed a lawsuit in the U.S. District Court for the Eastern District of Virginia concerning Google's advertising technology and its compliance with U.S. antitrust laws, and a number of additional state Attorneys General subsequently joined the lawsuit. In April 2025, the U.S. District Court for the Eastern District of Virginia issued a mixed decision in the DOJ case against Google, ruling that Google's advertiser tools or acquisitions of DoubleClick and AdMeld were not anticompetitive, but that Google's publisher tools unfairly excluded rivals. A separate proceeding to determine remedies, the range of which vary widely, took place in September 2025, with the parties presenting differing remedy proposals. The DOJ's remedy proposal includes structural remedies that could have a material adverse effect on our business. We expect closing arguments to be held in November 2025, after which the court will issue its final judgment. After that judgment, we plan to appeal the adverse portion of the April 2025 decision and potentially aspects of the remedies decision. A trial in the state Attorneys General case in the Eastern District of Texas will take place after a decision on remedies is issued in the DOJ case. Given the nature of these matters, we cannot estimate a possible loss.
Further, in June 2023, the EC issued a Statement of Objections informing Google of its preliminary view that Google infringed European antitrust laws relating to its advertising technology. In September 2025, the EC announced its decision that Google had infringed European competition laws through "self-preferencing" practices on the buy-side and the sell-side relating to Google's advertising technology business. The EC decision imposed a €3.0 billion (approximately $3.5 billion as of September 5, 2025) fine and directed Google to cease and desist the alleged "self-preferencing" practices. We plan to appeal the ruling. We accrued the fine in the third quarter of 2025, resulting in a charge of $3.5 billion. We are currently engaging with the EC and a group of banking partners to place bank guarantees in the fourth quarter of 2025 in lieu of cash payment.
In September 2024, the UK also issued a Statement of Objections concerning Google's advertising technology and its compliance with UK antitrust laws, to which we responded.
•Google Play: In July 2021, a number of state Attorneys General filed a lawsuit in the U.S. District Court for the Northern District of California concerning Google's operation of Android and Google Play and its compliance with U.S. antitrust laws and state antitrust and consumer protection laws. In September 2023, we reached a settlement in principle with 50 state Attorneys General and three territories and recognized a charge. Final approval of the settlement remains pending before the court. In May 2024, we funded the settlement amount to an escrow agent.
In December 2023, a California jury delivered a verdict against Google in Epic Games v. Google related to Google Play's business. Epic did not seek monetary damages. The presiding judge issued a remedies decision in October 2024, ordering a variety of alterations to our business models and operations and contractual agreements for Android and Google Play. We appealed the judgment, including the jury verdict and aspects of the remedies ordered, and in July 2025, the Court of Appeals denied our appeal. We are in the process of appealing that decision to the U.S. Supreme Court, and we implemented the ordered remedies in October 2025 while the appeal is pending.
•European Digital Markets Act: In March 2024, the EC opened two investigations regarding Google's compliance with certain provisions of the European Union's (EU) Digital Markets Act relating to Google Play and Search. In March 2025, the EC issued preliminary findings of non-compliance in both investigations, to which we responded. Given the nature of this matter, we cannot estimate a possible loss.
In addition to these antitrust proceedings, private individual and collective actions that overlap with claims pursued by regulatory authorities are pending in the U.S. and in several other jurisdictions, including across Europe. Given the nature of these matters, we cannot estimate a possible loss.
We believe we have strong arguments against these open claims and will defend ourselves vigorously. We continue to cooperate with federal and state regulators in the U.S., the EC, and other regulators around the world.
Privacy Matters
We are subject to a number of privacy-related laws and regulations, and we currently are party to a number of privacy investigations and lawsuits ongoing in multiple jurisdictions. For example, there are ongoing investigations and litigation in the U.S. and the EU, including those relating to our collection and use of location information, alleged violations of state biometric statutes, the choices we offer users, and advertising practices, which could result in significant fines, judgments, and product changes. In October 2025, we finalized a $1.4 billion settlement of certain privacy matters.
Patent and Intellectual Property Claims
We have had patent, copyright, trade secret, and trademark infringement lawsuits filed against us claiming that certain of our products, services, and technologies infringe others' intellectual property rights. Adverse results in these lawsuits may include awards of substantial monetary damages, costly royalty or licensing agreements, or orders preventing us from offering certain features, functionalities, products, or services. As a result, we may have to change our business practices and develop non-infringing products or technologies, which could result in a loss of revenues for us and otherwise harm our business. In addition, the U.S. International Trade Commission (ITC) has increasingly become an important forum to litigate intellectual property disputes because an ultimate loss in an ITC action can result in a prohibition on importing infringing products into the U.S. Because the U.S. is an important market, a prohibition on importation could have an adverse effect on us, including preventing us from importing many important products into the U.S. or necessitating workarounds that may limit certain features of our products.
Further, our customers and partners may discontinue the use of our products, services, and technologies, as a result of injunctions or otherwise, which could result in loss of revenues and adversely affect our business.
Other
We are subject to claims, lawsuits, regulatory and government inquiries and investigations, other proceedings, and consent orders involving competition, intellectual property, data privacy and security, tax and related compliance, labor and employment, commercial disputes, content generated by our users, goods and services offered by advertisers or publishers using our platforms, personal injury, consumer protection, AI training, and other matters. For example, we periodically have data incidents that we report to relevant regulators as required by law. Such claims, consent orders, lawsuits, regulatory and government investigations, and other proceedings could result in substantial fines and penalties, injunctive relief, ongoing monitoring and auditing obligations, changes to our products and services, alterations to our business models and operations, and collateral related civil litigation or other adverse consequences, all of which could harm our business, reputation, financial condition, and operating results.
We have ongoing legal matters relating to Russia. For example, some matters concern civil judgments that include compounding penalties imposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties. We do not expect these ongoing legal matters will have a material adverse effect.
Non-Income Taxes
We are under audit by various domestic and foreign tax authorities with regards to non-income tax matters. The subject matter of non-income tax audits primarily arises from disputes on the tax treatment and tax rate applied to the sale of our products and services in these jurisdictions and the tax treatment of certain employee benefits. We accrue non-income taxes that may result from examinations by, or any negotiated agreements with, these tax authorities when a loss is probable and reasonably estimable. If we determine that a loss is reasonably possible and the loss or range of loss can be estimated, we disclose the reasonably possible loss. Due to the inherent complexity and uncertainty of these matters and judicial process in certain jurisdictions, the final outcome may be materially different from our expectations.
See Note 14 for information regarding income tax contingencies.
v3.25.3
Stockholders' Equity
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
Share Repurchases
In the three and nine months ended September 30, 2025, we continued to repurchase both Class A and Class C shares in a manner deemed in the best interest of the company and its stockholders, taking into account the economic cost and prevailing market conditions, including the relative trading prices and volumes of the Class A and Class C shares. During the three and nine months ended September 30, 2025, we repurchased $11.6 billion and $40.1 billion of Alphabet's Class A and Class C shares, respectively.
In April 2024, the Board of Directors of Alphabet authorized the company to repurchase up to $70.0 billion of its Class A and Class C shares. In April 2025, the Board of Directors of Alphabet authorized the company to repurchase up to an additional $70.0 billion of Class A and Class C shares. As of September 30, 2025, $74.8 billion remained available for Class A and Class C share repurchases.
The following table presents Class A and Class C shares repurchased and subsequently retired (in millions):
Three Months EndedNine Months Ended
September 30, 2025September 30, 2025
SharesAmountSharesAmount
Class A share repurchases5 $926 36 $6,229 
Class C share repurchases51 10,627 184 33,888 
Total share repurchases(1)
56 $11,553 220 $40,117 
(1)    Shares repurchased include unsettled repurchases.
Repurchases are executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans. The repurchase program does not have an expiration date.
Dividends
In the three and nine months ended September 30, 2025, total cash dividends were $1.2 billion and $3.6 billion for Class A, $177 million and $527 million for Class B, and $1.1 billion and $3.4 billion for Class C shares, respectively.
In April 2025, the Board of Directors of Alphabet increased the quarterly cash dividend by 5% to $0.21 per share of outstanding Class A, Class B, and Class C shares.
The company has declared a quarterly cash dividend in the current quarter, and intends to pay quarterly cash dividends in the future, subject to review and approval by the company’s Board of Directors in its sole discretion.
v3.25.3
Net Income Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share of Class A, Class B, and Class C stock (in millions, except per share amounts):
Three Months Ended September 30,
 20242025
 Class AClass BClass CConsolidatedClass AClass BClass CConsolidated
Basic net income per share:
Numerator
Allocation of distributed earnings (cash dividends paid)$1,170 $173 $1,112 $2,455 $1,222 $177 $1,138 $2,537 
Allocation of undistributed earnings 11,351 1,678 10,817 23,846 15,617 2,268 14,557 32,442 
Net income$12,521 $1,851 $11,929 $26,301 $16,839 $2,445 $15,695 $34,979 
Denominator
Number of shares used in per share computation5,850 865 5,575 12,290 5,818 845 5,423 12,086 
Basic net income per share$2.14 $2.14 $2.14 $2.14 $2.89 $2.89 $2.89 $2.89 
Diluted net income per share:
Numerator
Allocation of total earnings for basic computation $12,521 $1,851 $11,929 $26,301 $16,839 $2,445 $15,695 $34,979 
Reallocation of total earnings as a result of conversion of Class B to Class A shares1,851 0 0 
_(1)
2,445 0 0 
_(1)
Reallocation of undistributed earnings(135)(17)135 
_(1)
(171)(22)171 
_(1)
Net income$14,237 $1,834 $12,064 $26,301 $19,113 $2,423 $15,866 34,979 
Denominator
Number of shares used in basic computation5,850 865 5,575 12,290 5,818 845 5,423 12,086 
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A shares outstanding865 0 0 
_(1)
845 0 0 
_(1)
Restricted stock units and other contingently issuable shares0 0 129 129 0 0 117 117 
Number of shares used in per share computation6,715 865 5,704 12,419 6,663 845 5,540 12,203 
Diluted net income per share$2.12 $2.12 $2.12 $2.12 $2.87 $2.87 $2.86 $2.87 
(1)Not applicable for consolidated net income per share.
Nine Months Ended September 30,
 20242025
 Class AClass BClass CConsolidatedClass AClass BClass CConsolidated
Basic net income per share:
Numerator
Allocation of distributed earnings (cash dividends paid)$2,343 $346 $2,232 $4,921 $3,609 $527 $3,377 $7,513 
Allocation of undistributed earnings 32,599 4,821 31,241 68,661 43,294 6,336 40,572 90,202 
Net income$34,942 $5,167 $33,473 $73,582 $46,903 $6,863 $43,949 $97,715 
Denominator
Number of shares used in per share computation5,863 867 5,619 12,349 5,822 852 5,456 12,130 
Basic net income per share$5.96 $5.96 $5.96 $5.96 $8.06 $8.06 $8.06 $8.06 
Diluted net income per share:
Numerator
Allocation of total earnings for basic computation $34,942 $5,167 $33,473 $73,582 $46,903 $6,863 $43,949 $97,715 
Reallocation of total earnings as a result of conversion of Class B to Class A shares5,167 0 0 
_(1)
6,863 0 0 
_(1)
Reallocation of undistributed earnings(394)(51)394 
_(1)
(406)(52)406 
_(1)
Net income$39,715 $5,116 $33,867 $73,582 $53,360 $6,811 $44,355 $97,715 
Denominator
Number of shares used in basic computation5,863 867 5,619 12,349 5,822 852 5,456 12,130 
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A shares outstanding867 0 0 
_(1)
852 0 0 
_(1)
Restricted stock units and other contingently issuable shares0 0 131 131 0 0 100 100 
Number of shares used in per share computation6,730 867 5,750 12,480 6,674 852 5,556 12,230 
Diluted net income per share$5.90 $5.90 $5.89 $5.90 $8.00 $7.99 $7.98 $7.99 
(1)Not applicable for consolidated net income per share.
For the periods presented above, the holders of each class are entitled to equal per share dividends or distributions in liquidation in accordance with the Amended and Restated Certificate of Incorporation of Alphabet Inc. Holders of Alphabet unvested stock units are awarded dividend equivalents, which are subject to the same vesting conditions as the underlying award, and settled in Class C shares.
Immaterial differences in net income per share across our Class A, Class B, and Class C shares may arise due to the allocation of distributed earnings, which is based on the holders as of the record date, compared with the allocation of undistributed earnings and number of shares, which is based on the weighted average shares outstanding over the periods.
v3.25.3
Compensation Plans
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Compensation Plans Compensation Plans
Stock-Based Compensation
For the three months ended September 30, 2024 and 2025, total stock-based compensation (SBC) expense was $5.9 billion and $6.4 billion, including amounts associated with awards we expect to settle in Alphabet stock of $5.7 billion and $6.1 billion, respectively. For the nine months ended September 30, 2024 and 2025, total SBC expense was $17.0 billion and $17.9 billion, including amounts associated with awards we expect to settle in Alphabet stock of $16.4 billion and $17.2 billion, respectively.
Stock-Based Award Activities
The following table summarizes the activities for unvested Alphabet restricted stock units (RSUs), which include dividend equivalents awarded to holders of unvested stock, for the nine months ended September 30, 2025 (in millions, except per share amounts):
 Number of
Shares 		Weighted-
Average
Grant-Date
Fair Value
Unvested as of December 31, 2024299 $122.77 
Granted183 $181.79 
Vested(133)$131.72 
Forfeited/canceled(26)$140.32 
Unvested as of September 30, 2025323 $151.01 
As of September 30, 2025, there was $47.0 billion of unrecognized compensation cost related to unvested RSUs. This amount is expected to be recognized over a weighted-average period of 2.6 years.
v3.25.3
Income Taxes
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The following table presents provision for income taxes (in millions, except for effective tax rate):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Income before provision for income taxes$31,706 $43,987 $87,572 $119,709 
Provision for income taxes$5,405 $9,008 $13,990 $21,994 
Effective tax rate17.0 %20.5 %16.0 %18.4 %
We are subject to income taxes in the U.S. and foreign jurisdictions. Significant judgment is required in evaluating our uncertain tax positions and determining our provision for income taxes. The total amount of gross unrecognized tax benefits was $12.6 billion and $13.1 billion, of which $10.0 billion and $11.1 billion, if recognized, would affect our effective tax rate, as of December 31, 2024 and September 30, 2025, respectively.
Changes to U.S. tax law enacted on July 4, 2025, allow for immediate expensing of domestic research and experimentation costs, accelerated depreciation on eligible capital expenditures, and other tax law changes impacting 2025 with certain changes effective in 2026. These changes are reflected in our results for the three and nine months ended September 30, 2025.
v3.25.3
Information about Segments and Geographic Areas
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Information about Segments and Geographic Areas Information about Segments and Geographic Areas
We report our segment results as Google Services, Google Cloud, and Other Bets:
•Google Services includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. Google Services generates revenues primarily from advertising; fees received for consumer subscription-based products such as YouTube TV, YouTube Music and Premium, and NFL Sunday Ticket, as well as Google One; the sale of apps and in-app purchases; and devices.
•Google Cloud includes infrastructure and platform services, applications, and other services for enterprise customers. Google Cloud generates revenues primarily from consumption-based fees and subscriptions received for Google Cloud Platform services, Google Workspace communication and collaboration tools, and other enterprise services.
•Other Bets is a combination of multiple operating segments that are not individually material. Revenues from Other Bets are generated primarily from the sale of autonomous transportation services, healthcare-related services, and internet services.
Revenues, certain costs, such as costs associated with content and traffic acquisition, certain engineering activities, and devices, as well as certain operating expenses are directly attributable to our segments. Due to the integrated nature of Alphabet, other costs and expenses, such as technical infrastructure and office facilities, are managed centrally at a consolidated level. These costs, including the associated depreciation, are allocated to operating segments as a service cost generally based on usage, headcount, or revenue.
Certain costs are not allocated to our segments because they represent Alphabet-level activities. These costs primarily include certain AI-focused shared R&D activities, including development costs of our general AI models; corporate initiatives such as our philanthropic activities; corporate shared costs such as certain finance, human resource, and legal costs, including certain fines and settlements. Charges associated with employee severance and office space reductions are also not allocated to our segments. Additionally, hedging gains (losses) related to revenue are not allocated to our segments.
Our Chief Operating Decision Maker (CODM) is our Chief Executive Officer, Sundar Pichai. Our CODM uses segment operating income (loss) to allocate resources to our segments in our annual planning process and to assess the performance of our segments, primarily by monitoring actual results versus the annual plan. Our operating segments are not evaluated using asset information.
The following table presents revenue, profitability, and expense information about our segments (in millions):
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Revenues:
Google Services$76,510 $87,052 $220,836 $246,859 
Google Cloud11,353 15,157 31,274 41,041 
Other Bets388 344 1,248 1,167 
Hedging gains (losses)17 (207)191 (60)
Total revenues$88,268 $102,346 $253,549 $289,007 
Operating income (loss):
Google Services(1)
$30,856 $33,527 $88,427 $99,272 
Google Cloud1,947 3,594 4,019 8,597 
Other Bets(1,116)(1,426)(3,270)(3,898)
Alphabet-level activities
(3,166)(4,467)(7,758)(10,866)
Total income from operations$28,521 $31,228 $81,418 $93,105 
Supplemental information about segment expenses:
Google Services:
Employee compensation expenses
$10,869 $11,070 $33,620 $33,713 
Other costs and expenses(1)
34,785 42,455 98,789 113,874 
Total Google Services costs and expenses
$45,654 $53,525 $132,409 $147,587 
Google Cloud:
Employee compensation expenses
$5,157 $5,586 $15,489 $16,515 
Other costs and expenses
4,249 5,977 11,766 15,929 
Total Google Cloud costs and expenses
$9,406 $11,563 $27,255 $32,444 
(1) Includes the EC fine of $3.5 billion for the three and nine months ended September 30, 2025.
Google Services and Google Cloud employee compensation expenses include the costs associated with direct and allocated employees. Google Services and Google Cloud other costs and expenses primarily include direct costs, such as advertising and promotional activities and third-party services fees as well as allocated costs, such as technical infrastructure and office facilities usage costs. Additionally, Google Services other costs and expenses include content and traffic acquisition costs and device costs.
See Note 2 for information relating to revenues by geography.
The following table presents long-lived assets by geographic area, which includes property and equipment, net and operating lease assets (in millions):
As of
December 31, 2024		As of
September 30, 2025
Long-lived assets:
United States$138,993 $175,676 
International45,631 62,635 
Total long-lived assets$184,624 $238,311 
v3.25.3
Insider Trading Arrangements
 3 Months Ended
Sep. 30, 2025
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Frances Arnold [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement Frances Arnold, a member of the Board of Directors of Alphabet, adopted a trading plan on August 21, 2025 (with the first trade under the plan scheduled for December 1, 2025). The trading plan will be effective until July 13, 2027 to sell 50% of the (net) shares resulting from the vesting of approximately 3,357 (gross) shares of Class C Capital Stock (excluding the dividend equivalent units), in addition to 50% of the (net) shares of any future grants awarded during the term of the plan (in each case, net shares are net of tax withholding).
Name Frances Arnold
Title member of the Board of Directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 21, 2025
Expiration Date July 13, 2027
Arrangement Duration 691 days
Aggregate Available 3,357
v3.25.3
Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Nature of Operations
Nature of Operations
Google was incorporated in California in September 1998 and re-incorporated in the State of Delaware in August 2003. In 2015, we implemented a holding company reorganization, and as a result, Alphabet Inc. ("Alphabet") became the successor issuer to Google.
We generate revenues by delivering relevant, cost-effective online advertising; cloud-based solutions that provide enterprise customers of all sizes with infrastructure, platform services, and applications; sales of other products and services, such as fees received for subscription-based products, apps and in-app purchases, and devices.
Basis of Consolidation
Basis of Consolidation
The consolidated financial statements of Alphabet include the accounts of Alphabet and entities consolidated under the variable interest and voting models. Intercompany balances and transactions have been eliminated.
Unaudited Interim Financial Information
Unaudited Interim Financial Information
These unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (GAAP), and in our opinion, include all adjustments of a normal recurring nature necessary for fair financial statement presentation. Interim results are not necessarily indicative of the results to be expected for the full year ending December 31, 2025. We have made estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates.
These consolidated financial statements and other information presented in this Form 10-Q should be read in conjunction with the consolidated financial statements and the related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC.
Recently Issued Accounting Pronouncements Not Yet Adopted
Recently Issued Accounting Pronouncements Not Yet Adopted
In December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-09 "Income Taxes (Topics 740): Improvements to Income Tax Disclosures" to expand the disclosure requirements for income taxes. Upon adoption, we will be required to disclose additional specified categories in the rate reconciliation in both percentage and dollar amounts. We will also be required to disclose the amount of income taxes paid disaggregated by jurisdiction, among other disclosure requirements. The standard, which is effective for our 2025 annual period, will be applied retrospectively.
In November 2024, the FASB issued ASU 2024-03 "Income Statement: Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40)" to improve the disclosures about an entity’s expenses. Upon adoption, we will be required to disclose in the notes to the financial statements a disaggregation of certain expense categories included within the expense captions on the face of the income statement. The standard is effective for our 2027 annual period, and our interim periods beginning in 2028, with early adoption permitted. The standard can be applied either prospectively or retrospectively. We are currently assessing adoption timing and the effect that the updated standard will have on our financial statement disclosures.
In September 2025, the FASB issued ASU 2025-06 "Intangibles: Goodwill and Other‒Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software" to modernize the accounting for software costs under Subtopic 350-40, Intangibles‒Goodwill and Other‒Internal-Use Software (referred to as “internal-use software”). Upon adoption, we will be required to account for internal-use software under the updated capitalization criteria. The standard is effective for our interim and annual 2028 periods, with early adoption permitted. The standard can be applied either prospectively, retrospectively, or under a modified transition approach. We are currently assessing adoption timing and the method of adoption.
Prior Period Reclassifications
Prior Period Reclassifications
Certain amounts in prior periods have been reclassified to conform with current period presentation.
Revenue Backlog and Deferred Revenues
Revenue Backlog
As of September 30, 2025, we had $157.7 billion of remaining performance obligations (“revenue backlog”), primarily related to Google Cloud. Revenue backlog represents commitments in customer contracts that have not yet been recognized as revenue. We expect to recognize just over 55% of the revenue backlog as revenues over the next 24 months with the remainder to be recognized thereafter. The estimated revenue backlog and timing of revenue recognition for these commitments is largely driven by our ability to deliver in accordance with relevant contract terms and when our customers utilize services. Revenue backlog includes related deferred revenue currently recorded as well as amounts that will be invoiced in future periods, and excludes contracts with an original expected term of one year or less and cancellable contracts.
Deferred Revenues
We record deferred revenues when cash payments are received or due in advance of our performance, including amounts which are refundable. Deferred revenues primarily relate to Google Cloud and Google subscriptions, platforms, and devices.
Fair Value Measurements and Financial Instruments
Cash, cash equivalents, and marketable equity securities are measured at fair value and classified within
Level 1 and Level 2 in the fair value hierarchy, because we use quoted prices for identical assets in active markets or inputs that are based upon quoted prices for similar instruments in active markets.
Debt securities are measured at fair value and classified within Level 2 in the fair value hierarchy, because we use quoted market prices to the extent available or alternative pricing sources and models utilizing market observable inputs to determine fair value. For certain marketable debt securities, we have elected the fair value option for which changes in fair value are recorded in OI&E. The fair value option was elected for these securities to align with the unrealized gains and losses from related derivative contracts.
The carrying value of equity securities is measured as the total initial cost plus the cumulative net gain (loss). Gains and losses, including impairments, are included as a component of OI&E in the Consolidated Statements of Income. See Note 7 for further details on OI&E.Our share of gains and losses, including impairments, are included as a component of OI&E, in the Consolidated Statements of Income. See Note 7 for further details on OI&E. Certain of our equity method securities include our investments in VIEs where we are not the primary beneficiary.
Consolidated VIEs
Consolidated VIEs
We consolidate VIEs in which we hold a variable interest and are the primary beneficiary. The results of operations and financial position of these VIEs are included in our consolidated financial statements.
Segment Reporting
We report our segment results as Google Services, Google Cloud, and Other Bets:
•Google Services includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. Google Services generates revenues primarily from advertising; fees received for consumer subscription-based products such as YouTube TV, YouTube Music and Premium, and NFL Sunday Ticket, as well as Google One; the sale of apps and in-app purchases; and devices.
•Google Cloud includes infrastructure and platform services, applications, and other services for enterprise customers. Google Cloud generates revenues primarily from consumption-based fees and subscriptions received for Google Cloud Platform services, Google Workspace communication and collaboration tools, and other enterprise services.
•Other Bets is a combination of multiple operating segments that are not individually material. Revenues from Other Bets are generated primarily from the sale of autonomous transportation services, healthcare-related services, and internet services.
Revenues, certain costs, such as costs associated with content and traffic acquisition, certain engineering activities, and devices, as well as certain operating expenses are directly attributable to our segments. Due to the integrated nature of Alphabet, other costs and expenses, such as technical infrastructure and office facilities, are managed centrally at a consolidated level. These costs, including the associated depreciation, are allocated to operating segments as a service cost generally based on usage, headcount, or revenue.
Certain costs are not allocated to our segments because they represent Alphabet-level activities. These costs primarily include certain AI-focused shared R&D activities, including development costs of our general AI models; corporate initiatives such as our philanthropic activities; corporate shared costs such as certain finance, human resource, and legal costs, including certain fines and settlements. Charges associated with employee severance and office space reductions are also not allocated to our segments. Additionally, hedging gains (losses) related to revenue are not allocated to our segments.
Our Chief Operating Decision Maker (CODM) is our Chief Executive Officer, Sundar Pichai. Our CODM uses segment operating income (loss) to allocate resources to our segments in our annual planning process and to assess the performance of our segments, primarily by monitoring actual results versus the annual plan. Our operating segments are not evaluated using asset information.
v3.25.3
Revenues (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Revenue Source
The following table presents revenues disaggregated by type (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Google Search & other$49,385 $56,567 $144,050 $161,459 
YouTube ads8,921 10,261 25,674 28,984 
Google Network7,548 7,354 22,405 21,964 
Google advertising65,854 74,182 192,129 212,407 
Google subscriptions, platforms, and devices
10,656 12,870 28,707 34,452 
Google Services total76,510 87,052 220,836 246,859 
Google Cloud11,353 15,157 31,274 41,041 
Other Bets388 344 1,248 1,167 
Hedging gains (losses)17 (207)191 (60)
Total revenues$88,268 $102,346 $253,549 $289,007 
Schedule of Revenue by Geographic Area
The following table presents revenues disaggregated by geography, based on the addresses of our customers (in millions):
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
United States$43,139 49 %$48,758 48 %$123,072 49 %$138,785 48 %
EMEA(1)
25,472 29 29,911 29 73,943 29 84,096 29 
APAC(1)
14,547 16 17,819 17 41,659 16 49,153 17 
Other Americas(1)
5,093 6 6,065 6 14,684 6 17,033 6 
Hedging gains (losses)17 0 (207)0 191 0 (60)0 
Total revenues$88,268 100 %$102,346 100 %$253,549 100 %$289,007 100 %
(1)    Regions represent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America ("Other Americas").
v3.25.3
Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Marketable Equity Securities
The following tables summarize our cash, cash equivalents, and marketable securities measured at fair value on a recurring basis (in millions):
As of December 31, 2024
Fair Value HierarchyAdjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueCash and Cash EquivalentsMarketable Securities
Fair value changes recorded in other comprehensive income
Time depositsLevel 2$2,217 $0 $0 $2,217 $2,081 $136 
Government bondsLevel 227,55183 (214)27,420 50 27,370 
Corporate debt securitiesLevel 218,30079 (222)18,157 0 18,157 
Mortgage-backed and asset-backed securitiesLevel 214,43763 (385)14,115 0 14,115 
Total investments with fair value change reflected in other comprehensive income(1)
62,505 225 (821)61,909 2,131 59,778 
Fair value adjustments recorded in net income
Money market fundsLevel 18,154 8,154 0 
Current marketable equity securities(2)
Level 14,708 0 4,708 
Mutual fundsLevel 2105 0 105 
Government bondsLevel 22,035 696 1,339 
Corporate debt securitiesLevel 23,037 78 2,959 
Mortgage-backed and asset-backed securitiesLevel 23,302 0 3,302 
Total investments with fair value change recorded in net income21,341 8,928 12,413 
Cash0 12,407 0 
Total$62,505 $225 $(821)$83,250 $23,466 $72,191 
(1)Represents gross unrealized gains and losses for debt securities recorded to accumulated other comprehensive income (AOCI).
(2)The long-term portion of marketable equity securities (subject to long-term lock-up restrictions) of $266 million as of December 31, 2024 is included within other non-current assets.
As of September 30, 2025
Fair Value HierarchyAdjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueCash and Cash Equivalents
Marketable Securities
Fair value changes recorded in other comprehensive income
Time depositsLevel 2$4,345 $0 $0 $4,345 $4,345 $0 
Government bondsLevel 227,763 434 (28)28,169 0 28,169 
Corporate debt securitiesLevel 218,375 249 (51)18,573 0 18,573 
Mortgage-backed and asset-backed securitiesLevel 214,285 159 (164)14,280 0 14,280 
Total investments with fair value change reflected in other comprehensive income(1)
64,768 842 (243)65,367 4,345 61,022 
Fair value adjustments recorded in net income
Money market fundsLevel 16,165 6,165 0 
Current marketable equity securitiesLevel 15,946 0 5,946 
Mutual fundsLevel 2590 59
Government bondsLevel 22,158487 1,671
Corporate debt securitiesLevel 23,16043 3,117
Mortgage-backed and asset-backed securitiesLevel 23,5910 3,591
Total investments with fair value change recorded in net income21,079 6,695 14,384 
Cash0 12,050 0 
Total$64,768 $842 $(243)$86,446 $23,090 $75,406 
(1)Represents gross unrealized gains and losses for debt securities recorded to AOCI.
Schedule of Investments by Maturity Date
The following table summarizes the estimated fair value of investments in available-for-sale marketable debt securities by effective contractual maturity dates (in millions):
As of
September 30, 2025
Due in 1 year or less$5,952 
Due in 1 year through 5 years36,655 
Due in 5 years through 10 years13,390 
Due after 10 years13,404 
Total$69,401 
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
The following tables present fair values and gross unrealized losses recorded to AOCI, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions):
 As of December 31, 2024
 Less than 12 Months12 Months or GreaterTotal
 Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss
Government bonds$11,119 $(126)$2,576 $(88)$13,695 $(214)
Corporate debt securities4,228 (17)6,838 (168)11,066 (185)
Mortgage-backed and asset-backed securities5,222 (106)3,813 (279)9,035 (385)
Total$20,569 $(249)$13,227 $(535)$33,796 $(784)
 As of September 30, 2025
 Less than 12 Months12 Months or GreaterTotal
 Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss		Fair ValueUnrealized
Loss
Government bonds$3,492 $(10)$1,356 $(18)$4,848 $(28)
Corporate debt securities438 0 3,161 (43)3,599 (43)
Mortgage-backed and asset-backed securities2,079 (25)2,718 (139)4,797 (164)
Total$6,009 $(35)$7,235 $(200)$13,244 $(235)
Schedule of Available-for-Sale Debt Securities The following table summarizes gains and losses for debt securities, reflected as a component of OI&E (in millions):    
Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Unrealized gain (loss) on fair value option debt securities$262 $15 $193 $242 
Gross realized gain on debt securities196 135 426 485 
Gross realized loss on debt securities(316)(30)(1,252)(268)
(Increase) decrease in allowance for credit losses18 2 21 30 
Total gain (loss) on debt securities recognized in other income (expense), net$160 $122 $(612)$489 
Schedule of Carrying Value of Marketable and Non-Marketable Equity Securities
The carrying values for marketable and non-marketable equity securities are summarized below (in millions):
As of December 31, 2024As of September 30, 2025
Marketable Equity SecuritiesNon-Marketable Equity SecuritiesTotalMarketable Equity SecuritiesNon-Marketable Equity SecuritiesTotal
Total initial cost$4,767 $21,240 $26,007 $5,159 $27,105 $32,264 
Cumulative net gain (loss)(1)
312 14,291 14,603 1,934 33,965 35,899 
Carrying value$5,079 $35,531 $40,610 $7,093 $61,070 $68,163 
(1)Non-marketable equity securities cumulative net gain (loss) is comprised of $22.7 billion and $42.9 billion of gains and $8.4 billion and $8.9 billion of losses (including impairments) as of December 31, 2024 and September 30, 2025, respectively.
Schedule of Gains and Losses on Equity Securities
Gains and losses (including impairments), net, for marketable and non-marketable equity securities included in OI&E are summarized below (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Realized net gain (loss) on equity securities sold during the period$41 $50 $216 $595 
Unrealized net gain (loss) on marketable equity securities318 447 96 1,447 
Unrealized net gain (loss) on non-marketable equity securities(1)
1,462 10,237 3,038 19,736 
Total gain (loss) on equity securities in other income (expense), net$1,821 $10,734 $3,350 $21,778 
(1)Unrealized gain (loss) on non-marketable equity securities accounted for under the measurement alternative is comprised of $1.9 billion and $10.6 billion of upward adjustments and $412 million and $346 million of downward adjustments (including impairments) for the three months ended September 30, 2024 and 2025, respectively, and $5.0 billion and $20.9 billion of upward adjustments and $2.0 billion and $1.2 billion of downward adjustments (including impairments) for the nine months ended September 30, 2024 and 2025, respectively.
Schedule of Cumulative Net Gains (Losses) on Equity Securities Sold
Cumulative net gains (losses) on equity securities sold during the period, which is summarized in the following table (in millions), represents the total net gains (losses) recognized after the initial purchase date of the equity security sold during the period. While these net gains (losses) may have been reflected in periods prior to the period of sale, we believe they are important supplemental information as they reflect the economic net gains (losses) on the securities sold during the period. Cumulative net gains (losses) are calculated as the difference between the sale price and the initial purchase price for the equity security sold during the period.
Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Total sale price$540 $555 $2,213 $1,623 
Total initial cost577 453 1,541 1,317 
Cumulative net gains (losses)
$(37)$102 $672 $306 
Schedule of Gross Notional Amounts of Derivative Instruments
The gross notional amounts of outstanding derivative instruments were as follows (in millions):
As of
December 31, 2024		As of
September 30, 2025
Derivatives designated as hedging instruments:
Foreign exchange and other contracts
Cash flow hedges$20,315 $28,624 
Fair value hedges$1,562 $0 
Net investment hedges$6,986 $12,413 
Derivatives not designated as hedging instruments:
Foreign exchange contracts
$44,227 $47,208 
Credit derivatives (1)
$0 $6,529 
Other contracts$15,082 $13,439 
(1)    Notional amounts for credit derivatives are the backstop obligations related to certain third party data center leases and represent the maximum potential amount of future payments that could be required in the event of certain default scenarios, upon which we may receive equity in or cash payments from certain counterparties. See Note 5 for further details.
Schedule of Derivative Instruments
The fair values of outstanding derivative instruments were as follows (in millions):
 As of December 31, 2024As of September 30, 2025
  
Assets(1)
Liabilities(2)
Assets(1)
Liabilities(2)
Derivatives designated as hedging instruments:
Foreign exchange contracts$1,054 $0 $243 $361 
Derivatives not designated as hedging instruments:
Foreign exchange contracts2005931257
Other contracts4741934018
Total derivatives not designated as hedging instruments674 612 352 75 
Total$1,728 $612 $595 $436 
(1)    Derivative assets are recorded as other current and non-current assets in the Consolidated Balance Sheets.
(2)    Derivative liabilities are recorded as accrued expenses and other liabilities, current and non-current in the Consolidated Balance Sheets.
Schedule of Gain (Loss) on Derivative Instruments
The gains (losses) on derivatives and non-derivative financial instruments in cash flow hedging and net investment hedging relationships recognized in other comprehensive income (OCI) are summarized below (in millions):
Three Months EndedNine Months Ended
 September 30,September 30,
2024202520242025
Cash flow hedging relationship:
Foreign exchange contracts
Amount included in the assessment of effectiveness$(738)$278 $(306)$(1,111)
Amount excluded from the assessment of effectiveness(103)128 (52)(41)
Net investment hedging relationship:
Amount included in the assessment of effectiveness
Foreign exchange contracts(424)55 (222)(794)
Foreign currency-denominated debt0 11 0 (208)
Total$(1,265)$472 $(580)$(2,154)
 The table below presents the gains (losses) of derivatives included in the Consolidated Statements of Income: (in millions):
Three Months Ended September 30,
20242025
RevenuesOther income (expense), netRevenuesOther income (expense), net
Total amounts included in the Consolidated Statements of Income$88,268 $3,185 $102,346 $12,759 
Effect of cash flow hedges:
Foreign exchange contracts
Amount reclassified from AOCI to income$(6)$0 $(237)$0 
Amount excluded from the assessment of effectiveness (amortized)23 0 30 0 
Effect of fair value hedges:
Foreign exchange contracts
Hedged items0 69 0 0 
Derivatives designated as hedging instruments0 (69)0 0 
Amount excluded from the assessment of effectiveness0 4 0 0 
Effect of net investment hedges:
Foreign exchange contracts
Amount excluded from the assessment of effectiveness0 47 0 87 
Effect of non-designated hedges:
Foreign exchange contracts0 (52)0 76 
Other contracts0 (32)0 11 
Total gains (losses)$17 $(33)$(207)$174 
Nine Months Ended September 30,
20242025
RevenuesOther income (expense), netRevenuesOther income (expense), net
Total amounts included in the Consolidated Statements of Income$253,549 $6,154 $289,007 $26,604 
Effect of cash flow hedges:
Foreign exchange contracts
Amount of gains (losses) reclassified from AOCI to income$174 $0 $(133)$0 
Amount excluded from the assessment of effectiveness (amortized)17 0 73 0 
Effect of fair value hedges:
Foreign exchange contracts
Hedged items0 44 0 (9)
Derivatives designated as hedging instruments0 (45)0 9 
Amount excluded from the assessment of effectiveness0 10 0 1 
Effect of net investment hedges:
Foreign exchange contracts
Amount excluded from the assessment of effectiveness0 114 0 146 
Effect of non-designated hedges:
Foreign exchange contracts0 (53)0 321 
Other contracts0 70 0 (84)
Total gains (losses)$191 $140 $(60)$384 
Schedule of Offsetting Assets
The gross amounts of derivative instruments subject to master netting arrangements with various counterparties, and cash and non-cash collateral received and pledged under such agreements were as follows (in millions):
As of December 31, 2024
Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to Offset
Gross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance Sheets
Financial Instruments(1)
Cash and Non-Cash Collateral Received or PledgedNet Amounts
Derivatives assets$1,776 $(48)$1,728 $(516)$(721)$491 
Derivatives liabilities$660 $(48)$612 $(516)$(9)$87 
As of September 30, 2025
Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to Offset
Gross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance Sheets
Financial Instruments(1)
Cash and Non-Cash Collateral Received or PledgedNet Amounts
Derivatives assets$691 $(96)$595 $(130)$(111)$354 
Derivatives liabilities$532 $(96)$436 $(130)$(20)$286 
(1)The balances as of December 31, 2024 and September 30, 2025 were related to derivatives allowed to be net settled in accordance with our master netting agreements.
Schedule of Offsetting Liabilities
The gross amounts of derivative instruments subject to master netting arrangements with various counterparties, and cash and non-cash collateral received and pledged under such agreements were as follows (in millions):
As of December 31, 2024
Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to Offset
Gross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance Sheets
Financial Instruments(1)
Cash and Non-Cash Collateral Received or PledgedNet Amounts
Derivatives assets$1,776 $(48)$1,728 $(516)$(721)$491 
Derivatives liabilities$660 $(48)$612 $(516)$(9)$87 
As of September 30, 2025
Gross Amounts Not Offset in the Consolidated Balance Sheets, but Have Legal Rights to Offset
Gross Amounts RecognizedGross Amounts Offset in the Consolidated Balance SheetsNet Amounts Presented in the Consolidated Balance Sheets
Financial Instruments(1)
Cash and Non-Cash Collateral Received or PledgedNet Amounts
Derivatives assets$691 $(96)$595 $(130)$(111)$354 
Derivatives liabilities$532 $(96)$436 $(130)$(20)$286 
(1)The balances as of December 31, 2024 and September 30, 2025 were related to derivatives allowed to be net settled in accordance with our master netting agreements.
v3.25.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Components of Lease Costs
Components of lease costs were as follows (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Operating lease cost$857 $862 $2,463 $2,470 
Finance lease cost:
Amortization of lease assets115 152 297 360 
Interest on lease liabilities8 17 22 48 
Finance lease cost123 169 319 408 
Variable lease cost330 483 1,016 1,215 
Total lease cost$1,310 $1,514 $3,798 $4,093 
Schedule of Supplemental Balance Sheet Information
Supplemental information related to leases was as follows (in millions):
As of
December 31, 2024		As of
September 30, 2025
Weighted-average remaining lease term
Operating leases7.8 years7.8 years
Finance leases10.4 years8.7 years
Weighted-average discount rate
Operating leases3.4 %3.6 %
Finance leases2.8 %3.0 %
As of
December 31, 2024		As of
September 30, 2025
Operating leases:
Operating lease assets$13,588 $14,524 
Accrued expenses and other liabilities$2,887 $3,099 
Operating lease liabilities11,691 12,106 
Total operating lease liabilities$14,578 $15,205 
Finance Leases:
Property and equipment, at cost$4,622 $5,988 
Accumulated depreciation(2,037)(2,411)
Property and equipment, net$2,585 $3,577 
Accrued expenses and other liabilities$235 $338 
Other long-term liabilities1,442 2,050 
Total finance lease liabilities$1,677 $2,388 
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows (in millions):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Cash payments for lease liabilities:
Operating cash flows used for operating leases
$885 $850 $2,571 $2,511 
Operating cash flows used for finance leases
$8 $17 $22 $48 
Financing cash flows used for finance leases(1)
$127 $92 $314 $394 
Assets obtained in exchange for lease liabilities:
Operating leases$683 $1,061 $1,580 $2,589 
Finance leases$78 $383 $243 $989 
(1)Financing cash flows used for financing leases are included within financing activities of the Consolidated Statements of Cash Flows as repayments of debt.
Schedule of Future Minimum Operating Lease Payments
Future lease payments as of September 30, 2025 were as follows (in millions):
Operating LeasesFinance
Leases
Remainder of 2025$669 $307 
20263,307 330 
20272,806 330 
20282,259 321 
20291,820 298 
Thereafter6,679 1,328 
Total future lease payments17,540 2,914 
Less imputed interest(2,335)(526)
Total lease liability balance$15,205 $2,388 
Schedule of Future Minimum Finance Lease Payments
Future lease payments as of September 30, 2025 were as follows (in millions):
Operating LeasesFinance
Leases
Remainder of 2025$669 $307 
20263,307 330 
20272,806 330 
20282,259 321 
20291,820 298 
Thereafter6,679 1,328 
Total future lease payments17,540 2,914 
Less imputed interest(2,335)(526)
Total lease liability balance$15,205 $2,388 
v3.25.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Total outstanding long-term debt is summarized below (in millions, except percentages):
MaturityCoupon RateEffective Interest RateAs of
December 31, 2024		As of
September 30, 2025
Debt
2016 U.S. dollar notes20262.00%2.23%$2,000 $2,000 
2020 U.S. dollar notes2027 - 2060
0.80% - 2.25%
0.93% - 2.33%
10,000 9,000 
2025 U.S. dollar notes2030 - 2065
4.00% - 5.30%
4.21% - 5.44%
0 5,000 
2025 Euro notes(1)
2029 - 2054
2.50% - 4.00%
2.69% - 4.12%
0 7,892 
      Total face value of long-term debt12,000 23,892 
Unamortized discount and debt issuance costs(1)
(118)(290)
Less: Current portion of long-term notes(2)
(999)(1,995)
       Total long-term debt$10,883 $21,607 
(1)Principal, unamortized discount, and debt issuance costs for the euro-denominated notes include the effect of foreign exchange rates.
(2)Total current portion of long-term debt is included within accrued expenses and other current liabilities. See Note 7 for further details.
v3.25.3
Supplemental Financial Statement Information (Tables)
 9 Months Ended
Sep. 30, 2025
Balance Sheet Components Disclosure [Abstract]  
Schedule of Property and Equipment
Property and equipment, net, consisted of the following (in millions):
As of
December 31, 2024		As of
September 30, 2025
Technical infrastructure(1)
$139,596 $184,107 
Office space43,714 45,715 
Corporate and other assets16,519 18,059 
Property and equipment, in service199,829 247,881 
Less: accumulated depreciation(79,390)(93,950)
Add: assets not yet in service50,597 69,856 
Property and equipment, net$171,036 $223,787 
(1)    As of December 31, 2024 and September 30, 2025, approximately 60% of technical infrastructure assets were comprised of servers and network equipment. The remaining balance was comprised of data center land and buildings and related assets.
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
As of
December 31, 2024		As of
September 30, 2025
Accrued purchases of property and equipment(1)
$7,104 $8,899 
European Commission fines(2)
6,322 10,564 
Accrued customer liabilities4,304 4,363 
Payables to brokers for unsettled investment trades3,866 4,004 
Income taxes payable, net2,905 551 
Other accrued expenses and current liabilities(3)
26,727 31,056 
Accrued expenses and other current liabilities$51,228 $59,437 
(1)    Additional property and equipment purchases of $3.2 billion and $5.7 billion as of December 31, 2024 and September 30, 2025, respectively, were included in accounts payable.
(2)    The amounts related to the European Commission (EC) fines, including any under appeal, are included in accrued expenses and other current liabilities on our Consolidated Balance Sheets. Amounts include the effects of foreign exchange and interest. See Note 10 for further details.
(3)    As of September 30, 2025, other accrued expenses and current liabilities included a $1.4 billion accrual for settlement of certain privacy matters. See Note 10 for further details.
Schedule of Components of Accumulated Other Comprehensive Income
Components of AOCI, net of income tax, were as follows (in millions):
Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale InvestmentsUnrealized Gains (Losses) on Cash Flow HedgesTotal
Balance as of December 31, 2023$(3,407)$(965)$(30)$(4,402)
Other comprehensive income (loss) before reclassifications234 755 (228)761 
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI0 0 (52)(52)
Amounts reclassified from AOCI0 629 (164)465 
Other comprehensive income (loss)234 1,384 (444)1,174 
Balance as of September 30, 2024$(3,173)$419 $(474)$(3,228)
Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale InvestmentsUnrealized Gains (Losses) on Cash Flow HedgesTotal
Balance as of December 31, 2024$(5,080)$(299)$579 $(4,800)
Other comprehensive income (loss) before reclassifications2,631 1,066 (854)2,843 
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI0 0 (41)(41)
Amounts reclassified from AOCI0 (149)93 (56)
Other comprehensive income (loss)2,631 917 (802)2,746 
Balance as of September 30, 2025$(2,449)$618 $(223)$(2,054)
Schedule of Effects on Net Income of Amounts Reclassified from AOCI
The effects on net income of amounts reclassified from AOCI were as follows (in millions):
Three Months EndedNine Months Ended
 September 30,September 30,
 AOCI ComponentsLocation2024202520242025
Unrealized gains (losses) on available-for-sale investments
Other income (expense), net$(113)$46 $(807)$187 
Benefit (provision) for income taxes25 (10)178 (38)
Net of income tax(88)36 (629)149 
Unrealized gains (losses) on cash flow hedges
Foreign exchange contractsRevenue(6)(237)174 (133)
Interest rate contractsOther income (expense), net0 0 1 0 
Benefit (provision) for income taxes4 54 (11)40 
Net of income tax(2)(183)164 (93)
Total amount reclassified, net of income tax$(90)$(147)$(465)$56 
Schedule of Other Income (Expense), Net
Components of OI&E were as follows (in millions):
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Interest income$1,243 $1,076 $3,394 $3,128 
Interest expense(1)
(54)(143)(215)(438)
Foreign currency exchange gain (loss), net23 (143)(388)(318)
Gain (loss) on debt securities, net160 122 (612)489 
Gain (loss) on equity securities, net1,821 10,734 3,350 21,778 
Performance fees29 (174)261 (297)
Income (loss) and impairment from equity method investments, net(107)(30)(101)367 
Other70 1,317 465 1,895 
Other income (expense), net$3,185 $12,759 $6,154 $26,604 
(1)Interest expense is net of interest capitalized of $57 million and $130 million for the three months ended September 30, 2024 and 2025, respectively, and $143 million and $301 million for the nine months ended September 30, 2024 and 2025, respectively.
v3.25.3
Goodwill (Tables)
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the nine months ended September 30, 2025 were as follows (in millions):
Google ServicesGoogle CloudOther BetsTotal
Balance as of December 31, 2024$23,521 $7,490 $874 $31,885 
Additions
1,163 132 0 1,295 
Foreign currency translation and other adjustments103 10 (24)89 
Balance as of September 30, 2025$24,787 $7,632 $850 $33,269 
v3.25.3
Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Shares Repurchased
The following table presents Class A and Class C shares repurchased and subsequently retired (in millions):
Three Months EndedNine Months Ended
September 30, 2025September 30, 2025
SharesAmountSharesAmount
Class A share repurchases5 $926 36 $6,229 
Class C share repurchases51 10,627 184 33,888 
Total share repurchases(1)
56 $11,553 220 $40,117 
(1)    Shares repurchased include unsettled repurchases.
v3.25.3
Net Income Per Share (Tables)
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share of Class A, Class B, and Class C stock (in millions, except per share amounts):
Three Months Ended September 30,
 20242025
 Class AClass BClass CConsolidatedClass AClass BClass CConsolidated
Basic net income per share:
Numerator
Allocation of distributed earnings (cash dividends paid)$1,170 $173 $1,112 $2,455 $1,222 $177 $1,138 $2,537 
Allocation of undistributed earnings 11,351 1,678 10,817 23,846 15,617 2,268 14,557 32,442 
Net income$12,521 $1,851 $11,929 $26,301 $16,839 $2,445 $15,695 $34,979 
Denominator
Number of shares used in per share computation5,850 865 5,575 12,290 5,818 845 5,423 12,086 
Basic net income per share$2.14 $2.14 $2.14 $2.14 $2.89 $2.89 $2.89 $2.89 
Diluted net income per share:
Numerator
Allocation of total earnings for basic computation $12,521 $1,851 $11,929 $26,301 $16,839 $2,445 $15,695 $34,979 
Reallocation of total earnings as a result of conversion of Class B to Class A shares1,851 0 0 
_(1)
2,445 0 0 
_(1)
Reallocation of undistributed earnings(135)(17)135 
_(1)
(171)(22)171 
_(1)
Net income$14,237 $1,834 $12,064 $26,301 $19,113 $2,423 $15,866 34,979 
Denominator
Number of shares used in basic computation5,850 865 5,575 12,290 5,818 845 5,423 12,086 
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A shares outstanding865 0 0 
_(1)
845 0 0 
_(1)
Restricted stock units and other contingently issuable shares0 0 129 129 0 0 117 117 
Number of shares used in per share computation6,715 865 5,704 12,419 6,663 845 5,540 12,203 
Diluted net income per share$2.12 $2.12 $2.12 $2.12 $2.87 $2.87 $2.86 $2.87 
(1)Not applicable for consolidated net income per share.
Nine Months Ended September 30,
 20242025
 Class AClass BClass CConsolidatedClass AClass BClass CConsolidated
Basic net income per share:
Numerator
Allocation of distributed earnings (cash dividends paid)$2,343 $346 $2,232 $4,921 $3,609 $527 $3,377 $7,513 
Allocation of undistributed earnings 32,599 4,821 31,241 68,661 43,294 6,336 40,572 90,202 
Net income$34,942 $5,167 $33,473 $73,582 $46,903 $6,863 $43,949 $97,715 
Denominator
Number of shares used in per share computation5,863 867 5,619 12,349 5,822 852 5,456 12,130 
Basic net income per share$5.96 $5.96 $5.96 $5.96 $8.06 $8.06 $8.06 $8.06 
Diluted net income per share:
Numerator
Allocation of total earnings for basic computation $34,942 $5,167 $33,473 $73,582 $46,903 $6,863 $43,949 $97,715 
Reallocation of total earnings as a result of conversion of Class B to Class A shares5,167 0 0 
_(1)
6,863 0 0 
_(1)
Reallocation of undistributed earnings(394)(51)394 
_(1)
(406)(52)406 
_(1)
Net income$39,715 $5,116 $33,867 $73,582 $53,360 $6,811 $44,355 $97,715 
Denominator
Number of shares used in basic computation5,863 867 5,619 12,349 5,822 852 5,456 12,130 
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A shares outstanding867 0 0 
_(1)
852 0 0 
_(1)
Restricted stock units and other contingently issuable shares0 0 131 131 0 0 100 100 
Number of shares used in per share computation6,730 867 5,750 12,480 6,674 852 5,556 12,230 
Diluted net income per share$5.90 $5.90 $5.89 $5.90 $8.00 $7.99 $7.98 $7.99 
(1)Not applicable for consolidated net income per share.
v3.25.3
Compensation Plans (Tables)
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Restricted Stock Activity
The following table summarizes the activities for unvested Alphabet restricted stock units (RSUs), which include dividend equivalents awarded to holders of unvested stock, for the nine months ended September 30, 2025 (in millions, except per share amounts):
 Number of
Shares 		Weighted-
Average
Grant-Date
Fair Value
Unvested as of December 31, 2024299 $122.77 
Granted183 $181.79 
Vested(133)$131.72 
Forfeited/canceled(26)$140.32 
Unvested as of September 30, 2025323 $151.01 
v3.25.3
Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Provision for Income Taxes and Effective Tax Rate
The following table presents provision for income taxes (in millions, except for effective tax rate):
Three Months EndedNine Months Ended
September 30,September 30,
2024202520242025
Income before provision for income taxes$31,706 $43,987 $87,572 $119,709 
Provision for income taxes$5,405 $9,008 $13,990 $21,994 
Effective tax rate17.0 %20.5 %16.0 %18.4 %
v3.25.3
Information about Segments and Geographic Areas (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Information by Segment
The following table presents revenue, profitability, and expense information about our segments (in millions):
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202520242025
Revenues:
Google Services$76,510 $87,052 $220,836 $246,859 
Google Cloud11,353 15,157 31,274 41,041 
Other Bets388 344 1,248 1,167 
Hedging gains (losses)17 (207)191 (60)
Total revenues$88,268 $102,346 $253,549 $289,007 
Operating income (loss):
Google Services(1)
$30,856 $33,527 $88,427 $99,272 
Google Cloud1,947 3,594 4,019 8,597 
Other Bets(1,116)(1,426)(3,270)(3,898)
Alphabet-level activities
(3,166)(4,467)(7,758)(10,866)
Total income from operations$28,521 $31,228 $81,418 $93,105 
Supplemental information about segment expenses:
Google Services:
Employee compensation expenses
$10,869 $11,070 $33,620 $33,713 
Other costs and expenses(1)
34,785 42,455 98,789 113,874 
Total Google Services costs and expenses
$45,654 $53,525 $132,409 $147,587 
Google Cloud:
Employee compensation expenses
$5,157 $5,586 $15,489 $16,515 
Other costs and expenses
4,249 5,977 11,766 15,929 
Total Google Cloud costs and expenses
$9,406 $11,563 $27,255 $32,444 
(1) Includes the EC fine of $3.5 billion for the three and nine months ended September 30, 2025.
Schedule of Long-Lived Assets by Geographic Area
The following table presents long-lived assets by geographic area, which includes property and equipment, net and operating lease assets (in millions):
As of
December 31, 2024		As of
September 30, 2025
Long-lived assets:
United States$138,993 $175,676 
International45,631 62,635 
Total long-lived assets$184,624 $238,311 
v3.25.3
Revenues - Revenue by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
Hedging gains (losses) $ (207) $ 17 $ (60) $ 191
Revenues 102,346 88,268 289,007 253,549
Google Services        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 87,052 76,510 246,859 220,836
Google Cloud        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 15,157 11,353 41,041 31,274
Other Bets        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 344 388 1,167 1,248
Google Search & other | Google Services        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 56,567 49,385 161,459 144,050
YouTube ads | Google Services        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 10,261 8,921 28,984 25,674
Google Network | Google Services        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 7,354 7,548 21,964 22,405
Google advertising | Google Services        
Segment Reporting Information [Line Items]        
Revenue from contract with customers 74,182 65,854 212,407 192,129
Google subscriptions, platforms, and devices | Google Services        
Segment Reporting Information [Line Items]        
Revenue from contract with customers $ 12,870 $ 10,656 $ 34,452 $ 28,707
v3.25.3
Revenues - Revenue by Geographic Location (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues from External Customers and Long-Lived Assets [Line Items]        
Hedging gains (losses) $ (207) $ 17 $ (60) $ 191
Revenues 102,346 88,268 289,007 253,549
United States        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenue from contract with customers 48,758 43,139 138,785 123,072
EMEA        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenue from contract with customers 29,911 25,472 84,096 73,943
APAC        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenue from contract with customers 17,819 14,547 49,153 41,659
Other Americas        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenue from contract with customers $ 6,065 $ 5,093 $ 17,033 $ 14,684
Revenue Benchmark | Geographic Concentration Risk        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Percentage of total revenue 100.00% 100.00% 100.00% 100.00%
Revenue Benchmark | Geographic Concentration Risk | United States        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Percentage of total revenue 48.00% 49.00% 48.00% 49.00%
Revenue Benchmark | Geographic Concentration Risk | EMEA        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Percentage of total revenue 29.00% 29.00% 29.00% 29.00%
Revenue Benchmark | Geographic Concentration Risk | APAC        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Percentage of total revenue 17.00% 16.00% 17.00% 16.00%
Revenue Benchmark | Geographic Concentration Risk | Other Americas        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Percentage of total revenue 6.00% 6.00% 6.00% 6.00%
Revenue Benchmark | Revenue by Geographic Location and Type | Hedging gains (losses)        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Percentage of total revenue 0.00% 0.00% 0.00% 0.00%
v3.25.3
Revenues - Narrative (Details) - USD ($)
$ in Billions
 9 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]    
Revenue not yet recognized $ 157.7  
Total deferred revenue 7.4 $ 6.0
Deferred revenue recognized during period $ 4.1  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-10-01    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]    
Expected timing of revenue recognition, percentage 55.00%  
Expected timing of revenue recognition 24 months  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-10-01    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]    
Expected timing of revenue recognition, percentage 0.45%  
Expected timing of revenue recognition  
v3.25.3
Financial Instruments - Marketable Securities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value $ 86,446 $ 83,250
Marketable securities 75,406 72,191
Cash and cash equivalents 23,090 23,466
Long-term portion of marketable equity securities   266
Level 2    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Adjusted Cost 64,768 62,505
Gross Unrealized Gains 842 225
Gross Unrealized Losses (243) (821)
Fair value changes recorded in other comprehensive income | Level 2    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Adjusted Cost 64,768 62,505
Gross Unrealized Gains 842 225
Gross Unrealized Losses (243) (821)
Fair Value 65,367 61,909
Cash and Cash Equivalents 4,345 2,131
Marketable securities 61,022 59,778
Fair value changes recorded in other comprehensive income | Level 2 | Time deposits    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Adjusted Cost 4,345 2,217
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Fair Value 4,345 2,217
Cash and Cash Equivalents 4,345 2,081
Marketable securities 0 136
Fair value changes recorded in other comprehensive income | Level 2 | Government bonds    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Adjusted Cost 27,763 27,551
Gross Unrealized Gains 434 83
Gross Unrealized Losses (28) (214)
Fair Value 28,169 27,420
Cash and Cash Equivalents 0 50
Marketable securities 28,169 27,370
Fair value changes recorded in other comprehensive income | Level 2 | Corporate debt securities    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Adjusted Cost 18,375 18,300
Gross Unrealized Gains 249 79
Gross Unrealized Losses (51) (222)
Fair Value 18,573 18,157
Cash and Cash Equivalents 0 0
Marketable securities 18,573 18,157
Fair value changes recorded in other comprehensive income | Level 2 | Mortgage-backed and asset-backed securities    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Adjusted Cost 14,285 14,437
Gross Unrealized Gains 159 63
Gross Unrealized Losses (164) (385)
Fair Value 14,280 14,115
Cash and Cash Equivalents 0 0
Marketable securities 14,280 14,115
Fair value adjustments recorded in net income    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 21,079 21,341
Cash and Cash Equivalents 6,695 8,928
Marketable securities 14,384 12,413
Cash 12,050 12,407
Fair value adjustments recorded in net income | Level 2 | Government bonds    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 2,158 2,035
Cash and Cash Equivalents 487 696
Marketable securities 1,671 1,339
Fair value adjustments recorded in net income | Level 2 | Corporate debt securities    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 3,160 3,037
Cash and Cash Equivalents 43 78
Marketable securities 3,117 2,959
Fair value adjustments recorded in net income | Level 2 | Mortgage-backed and asset-backed securities    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 3,591 3,302
Cash and Cash Equivalents 0 0
Marketable securities 3,591 3,302
Fair value adjustments recorded in net income | Level 2 | Mutual funds    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 59 105
Cash and Cash Equivalents 0 0
Marketable securities 59 105
Fair value adjustments recorded in net income | Level 1 | Money market funds    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 6,165 8,154
Cash and Cash Equivalents 6,165 8,154
Marketable securities 0 0
Fair value adjustments recorded in net income | Level 1 | Current marketable equity securities    
Debt Securities, Available-for-sale, Fair Value to Amortized Cost [Abstract]    
Fair Value 5,946 4,708
Cash and Cash Equivalents 0 0
Marketable securities $ 5,946 $ 4,708
v3.25.3
Financial Instruments - Narrative (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Financial Instruments and Fair Value [Line Items]    
Non-marketable equity securities $ 61,070 $ 35,531
Equity method investments 2,300 2,000
Investments in convertible notes 1,300 2,900
Additional investments in convertible notes 1,100  
Conversion of convertible notes 3,000  
Gain from investments conversion 418  
Foreign currency loss to be reclassified during next 12 months 257  
Foreign currency denominated debt, as net investment hedge $ 7,800 $ 0
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other current assets Other current assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other long-term liabilities Other long-term liabilities
Cash flow hedges | Foreign exchange and other contracts    
Financial Instruments and Fair Value [Line Items]    
Foreign exchange option contracts, maximum maturities (in months) 24 months  
Valuation, Market Approach    
Financial Instruments and Fair Value [Line Items]    
Non-marketable equity securities $ 38,900  
v3.25.3
Financial Instruments - Contractual Maturity Date of Marketable Debt Securities (Details)
$ in Millions
Sep. 30, 2025
USD ($)
Fair Value Disclosures [Abstract]  
Due in 1 year or less $ 5,952
Due in 1 year through 5 years 36,655
Due in 5 years through 10 years 13,390
Due after 10 years 13,404
Total $ 69,401
v3.25.3
Financial Instruments - Gross Unrealized Losses and Fair Values for Investments in Unrealized Loss Position (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Investments, Unrealized Loss Position [Line Items]    
Less than 12 Months, Fair Value $ 6,009 $ 20,569
Less than 12 Months, Unrealized Loss (35) (249)
12 Months or Greater, Fair Value 7,235 13,227
12 Months or Greater, Unrealized Loss (200) (535)
Total Fair Value 13,244 33,796
Total Unrealized Loss (235) (784)
Government bonds    
Investments, Unrealized Loss Position [Line Items]    
Less than 12 Months, Fair Value 3,492 11,119
Less than 12 Months, Unrealized Loss (10) (126)
12 Months or Greater, Fair Value 1,356 2,576
12 Months or Greater, Unrealized Loss (18) (88)
Total Fair Value 4,848 13,695
Total Unrealized Loss (28) (214)
Corporate debt securities    
Investments, Unrealized Loss Position [Line Items]    
Less than 12 Months, Fair Value 438 4,228
Less than 12 Months, Unrealized Loss 0 (17)
12 Months or Greater, Fair Value 3,161 6,838
12 Months or Greater, Unrealized Loss (43) (168)
Total Fair Value 3,599 11,066
Total Unrealized Loss (43) (185)
Mortgage-backed and asset-backed securities    
Investments, Unrealized Loss Position [Line Items]    
Less than 12 Months, Fair Value 2,079 5,222
Less than 12 Months, Unrealized Loss (25) (106)
12 Months or Greater, Fair Value 2,718 3,813
12 Months or Greater, Unrealized Loss (139) (279)
Total Fair Value 4,797 9,035
Total Unrealized Loss $ (164) $ (385)
v3.25.3
Financial Instruments - Gains and Losses for Debt Securities (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Fair Value Disclosures [Abstract]        
Unrealized gain (loss) on fair value option debt securities $ 15 $ 262 $ 242 $ 193
Gross realized gain on debt securities 135 196 485 426
Gross realized loss on debt securities (30) (316) (268) (1,252)
(Increase) decrease in allowance for credit losses 2 18 30 21
Total gain (loss) on debt securities recognized in other income (expense), net $ 122 $ 160 $ 489 $ (612)
v3.25.3
Financial Instruments - Carrying Values for Marketable and Non-Marketable Equity Securities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Marketable Equity Securities    
Total initial cost $ 5,159 $ 4,767
Cumulative net gain (loss) 1,934 312
Carrying value 7,093 5,079
Non-Marketable Equity Securities    
Total initial cost 27,105 21,240
Cumulative net gain (loss) 33,965 14,291
Carrying value 61,070 35,531
Total    
Total initial cost 32,264 26,007
Cumulative net gain (loss) 35,899 14,603
Carrying value 68,163 40,610
Cumulative net gain of non-marketable securities 42,900 22,700
Unrealized loss of non-marketable securities $ 8,900 $ 8,400
v3.25.3
Financial Instruments - Gains and Losses on Marketable and Non-Marketable Equity Securities (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Fair Value Disclosures [Abstract]        
Realized net gain (loss) on equity securities sold during the period $ 50 $ 41 $ 595 $ 216
Unrealized net gain (loss) on marketable equity securities 447 318 1,447 96
Unrealized net gain (loss) on non-marketable equity securities 10,237 1,462 19,736 3,038
Total gain (loss) on equity securities in other income (expense), net 10,734 1,821 21,778 3,350
Non-marketable securities upward adjustment 10,600 1,900 20,900 5,000
Non-marketable securities, downward adjustment $ 346 $ 412 $ 1,200 $ 2,000
v3.25.3
Financial Instruments - Cumulative Net Gains (Losses) on Equity Securities Sold (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Fair Value Disclosures [Abstract]        
Total sale price $ 555 $ 540 $ 1,623 $ 2,213
Total initial cost 453 577 1,317 1,541
Cumulative net gains (losses) $ 102 $ (37) $ 306 $ 672
v3.25.3
Financial Instruments - Gross Notional Amounts of Outstanding Derivative Instruments (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Foreign exchange and other contracts | Derivatives designated as hedging instruments | Cash flow hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative notional amount $ 28,624 $ 20,315
Foreign exchange and other contracts | Derivatives designated as hedging instruments | Fair value hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative notional amount 0 1,562
Foreign exchange and other contracts | Derivatives designated as hedging instruments | Net investment hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative notional amount 12,413 6,986
Foreign exchange and other contracts | Derivatives not designated as hedging instruments:    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative notional amount 47,208 44,227
Credit derivatives | Derivatives not designated as hedging instruments:    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative notional amount 6,529 0
Other contracts | Derivatives not designated as hedging instruments:    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative notional amount $ 13,439 $ 15,082
v3.25.3
Financial Instruments - Fair Values of Outstanding Derivative Instruments (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Derivative Assets:    
Assets $ 595 $ 1,728
Derivative Liabilities:    
Liabilities 436 612
Derivatives designated as hedging instruments | Foreign exchange and other contracts    
Derivative Assets:    
Assets 243 1,054
Derivative Liabilities:    
Liabilities 361 0
Derivatives not designated as hedging instruments:    
Derivative Assets:    
Assets 352 674
Derivative Liabilities:    
Liabilities 75 612
Derivatives not designated as hedging instruments: | Foreign exchange and other contracts    
Derivative Assets:    
Assets 12 200
Derivative Liabilities:    
Liabilities 57 593
Derivatives not designated as hedging instruments: | Other contracts    
Derivative Assets:    
Assets 340 474
Derivative Liabilities:    
Liabilities $ 18 $ 19
v3.25.3
Financial Instruments - Effect of Derivative Instruments on Income and Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Amount included in the assessment of effectiveness        
Revenues $ 102,346 $ 88,268 $ 289,007 $ 253,549
Other income (expense), net 12,759 3,185 26,604 6,154
Revenues        
Foreign exchange contracts        
Total gains (losses) $ (207) $ 17 (60) 191
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Revenues Revenues    
Other income (expense), net        
Foreign exchange contracts        
Total gains (losses) $ 174 $ (33) 384 140
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other income (expense), net Other income (expense), net    
Total        
Amount included in the assessment of effectiveness        
Total $ 472 $ (1,265) (2,154) (580)
Foreign exchange and other contracts | Revenues | Not Designated as Hedging Instrument        
Foreign exchange contracts        
Derivatives not designated as hedging instruments 0 0 0 0
Foreign exchange and other contracts | Other income (expense), net | Not Designated as Hedging Instrument        
Foreign exchange contracts        
Derivatives not designated as hedging instruments 76 (52) 321 (53)
Other derivatives | Revenues | Not Designated as Hedging Instrument        
Foreign exchange contracts        
Derivatives not designated as hedging instruments 0 0 0 0
Other derivatives | Other income (expense), net | Not Designated as Hedging Instrument        
Foreign exchange contracts        
Derivatives not designated as hedging instruments 11 (32) (84) 70
Cash flow hedges | Foreign exchange and other contracts        
Foreign exchange contracts        
Amount included in the assessment of effectiveness 278 (738) (1,111) (306)
Amount excluded from the assessment of effectiveness 128 (103) (41) (52)
Cash flow hedges | Foreign exchange and other contracts | Revenues        
Foreign exchange contracts        
Amount reclassified from AOCI to income (237) (6) (133) 174
Amount excluded from the assessment of effectiveness (amortized) 30 23 73 17
Cash flow hedges | Foreign exchange and other contracts | Other income (expense), net        
Foreign exchange contracts        
Amount reclassified from AOCI to income 0 0 0 0
Amount excluded from the assessment of effectiveness (amortized) 0 0 0 0
Net investment hedges | Foreign exchange and other contracts        
Amount included in the assessment of effectiveness        
Foreign exchange contracts 55 (424) (794) (222)
Net investment hedges | Foreign exchange and other contracts | Revenues        
Foreign exchange contracts        
Amount excluded from the assessment of effectiveness 0 0 0 0
Net investment hedges | Foreign exchange and other contracts | Other income (expense), net        
Foreign exchange contracts        
Amount excluded from the assessment of effectiveness 87 47 146 114
Net investment hedges | Foreign currency-denominated debt        
Amount included in the assessment of effectiveness        
Foreign exchange contracts 11 0 (208) 0
Fair value hedges | Foreign exchange and other contracts | Revenues        
Foreign exchange contracts        
Hedged items 0 0 0 0
Derivatives designated as hedging instruments 0 0 0 0
Amount excluded from the assessment of effectiveness 0 0 0 0
Fair value hedges | Foreign exchange and other contracts | Other income (expense), net        
Foreign exchange contracts        
Hedged items 0 69 (9) 44
Derivatives designated as hedging instruments 0 (69) 9 (45)
Amount excluded from the assessment of effectiveness $ 0 $ 4 $ 1 $ 10
v3.25.3
Financial Instruments - Offsetting of Financial Assets and Financial Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Derivatives assets    
Gross Amounts Recognized $ 691 $ 1,776
Gross Amounts Offset in the Consolidated Balance Sheets (96) (48)
Net Amounts Presented in the Consolidated Balance Sheets 595 1,728
Financial Instruments (130) (516)
Cash and Non-Cash Collateral Received or Pledged (111) (721)
Net Amounts 354 491
Derivatives liabilities    
Gross Amounts Recognized 532 660
Gross Amounts Offset in the Consolidated Balance Sheets (96) (48)
Net Amounts Presented in the Consolidated Balance Sheets 436 612
Financial Instruments (130) (516)
Cash and Non-Cash Collateral Received or Pledged (20) (9)
Net Amounts $ 286 $ 87
v3.25.3
Leases - Components of Operating Lease Expense (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Leases [Abstract]        
Operating lease cost $ 862 $ 857 $ 2,470 $ 2,463
Finance lease cost:        
Amortization of lease assets 152 115 360 297
Interest on lease liabilities 17 8 48 22
Finance lease cost 169 123 408 319
Variable lease cost 483 330 1,215 1,016
Total lease cost $ 1,514 $ 1,310 $ 4,093 $ 3,798
v3.25.3
Leases - Supplemental Balance Sheet Information (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Weighted-average remaining lease term    
Operating leases 7 years 9 months 18 days 7 years 9 months 18 days
Finance leases 8 years 8 months 12 days 10 years 4 months 24 days
Weighted-average discount rate    
Operating leases 3.60% 3.40%
Finance leases 3.00% 2.80%
Operating leases:    
Operating lease assets $ 14,524 $ 13,588
Accrued expenses and other liabilities 3,099 2,887
Operating lease liabilities 12,106 11,691
Total operating lease liabilities 15,205 14,578
Finance Leases:    
Property and equipment, at cost 5,988 4,622
Accumulated depreciation (2,411) (2,037)
Property and equipment, net 3,577 2,585
Accrued expenses and other liabilities 338 235
Other long-term liabilities 2,050 1,442
Total finance lease liabilities $ 2,388 $ 1,677
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Accrued expenses and other current liabilities Accrued expenses and other current liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Operating lease liabilities Operating lease liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Accrued expenses and other current liabilities Accrued expenses and other current liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other long-term liabilities Other long-term liabilities
v3.25.3
Leases - Supplemental Cash Flow Information (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Cash payments for lease liabilities:        
Operating cash flows used for operating leases $ 850 $ 885 $ 2,511 $ 2,571
Operating cash flows used for finance leases 17 8 48 22
Financing cash flows used for finance leases 92 127 394 314
Assets obtained in exchange for lease liabilities:        
Operating leases 1,061 683 2,589 1,580
Finance leases $ 383 $ 78 $ 989 $ 243
v3.25.3
Leases - Future Minimum Lease Payments (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Operating Leases    
Remainder of 2025 $ 669  
2026 3,307  
2027 2,806  
2028 2,259  
2029 1,820  
Thereafter 6,679  
Total future lease payments 17,540  
Less imputed interest (2,335)  
Total lease liability balance 15,205 $ 14,578
Finance Leases    
Remainder of 2025 307  
2026 330  
2027 330  
2028 321  
2029 298  
Thereafter 1,328  
Total future lease payments 2,914  
Less imputed interest (526)  
Total finance lease liabilities $ 2,388 $ 1,677
v3.25.3
Leases - Narrative (Details)
$ in Billions
Sep. 30, 2025
USD ($)
Lessee, Lease, Description [Line Items]  
Total undiscounted lease payments $ 42.6
Minimum  
Lessee, Lease, Description [Line Items]  
Operating lease, non-cancelable lease term (in years) 1 year
Finance lease, non-cancelable lease term (in years) 1 year
Maximum  
Lessee, Lease, Description [Line Items]  
Operating lease, non-cancelable lease term (in years) 25 years
Finance lease, non-cancelable lease term (in years) 25 years
v3.25.3
Variable Interest Entities (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Variable Interest Entity [Line Items]    
Assets not available for use $ 536,469 $ 450,256
Liabilities with no recourse 149,602 125,172
Noncontrolling interest 3,900 4,200
Redeemable noncontrolling interest 853 1,100
Unconsolidated VIE, carrying value $ 860 1,500
Credit derivatives    
Variable Interest Entity [Line Items]    
Term 10 years  
Variable Interest Entity, Primary Beneficiary | Nonrecourse    
Variable Interest Entity [Line Items]    
Liabilities with no recourse $ 1,800 2,300
Variable Interest Entity, Primary Beneficiary | Asset Pledged as Collateral    
Variable Interest Entity [Line Items]    
Assets not available for use 6,200 $ 8,700
Variable Interest Entity, Not Primary Beneficiary | Credit derivatives    
Variable Interest Entity [Line Items]    
Maximum exposure to loss amount $ 6,500  
v3.25.3
Debt - Narrative (Details)
€ in Millions
Sep. 30, 2025
USD ($)
May 31, 2025
USD ($)
tranche
May 31, 2025
EUR (€)
tranche
Dec. 31, 2024
USD ($)
Debt Instrument [Line Items]        
Commercial paper $ 3,000,000,000.0     $ 2,300,000,000
Estimated fair value of long-term debt 21,100,000,000     9,000,000,000
Revolving Credit Facility        
Debt Instrument [Line Items]        
Maximum borrowing on lines of credit 10,000,000,000.0      
Line of credit drawn 0     $ 0
2025 U.S. dollar notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount   $ 5,000,000,000    
Number of tranches | tranche   4 4  
2030 U.S. Dollar Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount   $ 750,000,000    
Coupon Rate   4.00% 4.00%  
2035 U.S. Dollar Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount   $ 1,250,000,000    
Coupon Rate   4.50% 4.50%  
2055 U.S. Dollar Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount   $ 1,500,000,000    
Coupon Rate   5.25% 5.25%  
2065 U.S. Dollar Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount   $ 1,500,000,000    
Coupon Rate   5.30% 5.30%  
2025 Euro notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount | €     € 6,750  
Number of tranches | tranche   5 5  
2029 Euro Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount | €     € 1,500  
Coupon Rate   2.50% 2.50%  
2033 Euro Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount | €     € 1,500  
Coupon Rate   3.00% 3.00%  
2037 Euro Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount | €     € 1,250  
Coupon Rate   3.38% 3.38%  
2045 Euro Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount | €     € 1,250  
Coupon Rate   3.88% 3.88%  
2054 Euro Notes | Senior Notes        
Debt Instrument [Line Items]        
Face amount | €     € 1,250  
Coupon Rate   4.00% 4.00%  
Credit Facility Due April 2026 | Revolving Credit Facility        
Debt Instrument [Line Items]        
Maximum borrowing on lines of credit 4,000,000,000      
Credit Facility Due April 2030 | Revolving Credit Facility        
Debt Instrument [Line Items]        
Maximum borrowing on lines of credit 6,000,000,000      
Commercial Paper        
Debt Instrument [Line Items]        
Short-term debt, maximum borrowing capacity $ 25,000,000,000.0      
Weighted average interest rate (as percent) 4.10%     4.40%
v3.25.3
Debt - Long-Term Debt (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Debt    
Total face value of long-term debt $ 23,892 $ 12,000
Unamortized discount and debt issuance costs (290) (118)
Less: Current portion of long-term notes (1,995) (999)
Long-term debt $ 21,607 10,883
2016 U.S. dollar notes    
Debt    
Coupon Rate 2.00%  
Effective Interest Rate 2.23%  
Total face value of long-term debt $ 2,000 2,000
2020 U.S. dollar notes    
Debt    
Total face value of long-term debt $ 9,000 10,000
2020 U.S. dollar notes | Minimum    
Debt    
Coupon Rate 0.80%  
Effective Interest Rate 0.93%  
2020 U.S. dollar notes | Maximum    
Debt    
Coupon Rate 2.25%  
Effective Interest Rate 2.33%  
2025 U.S. dollar notes    
Debt    
Total face value of long-term debt $ 5,000 0
2025 U.S. dollar notes | Minimum    
Debt    
Coupon Rate 4.00%  
Effective Interest Rate 4.21%  
2025 U.S. dollar notes | Maximum    
Debt    
Coupon Rate 5.30%  
Effective Interest Rate 5.44%  
2025 Euro notes    
Debt    
Total face value of long-term debt $ 7,892 $ 0
2025 Euro notes | Minimum    
Debt    
Coupon Rate 2.50%  
Effective Interest Rate 2.69%  
2025 Euro notes | Maximum    
Debt    
Coupon Rate 4.00%  
Effective Interest Rate 4.12%  
v3.25.3
Supplemental Financial Statement Information - Narrative (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Balance Sheet Components Disclosure [Abstract]    
Allowance for credit losses on accounts receivable $ 918 $ 879
v3.25.3
Supplemental Financial Statement Information - Property and Equipment (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment, Net [Abstract]    
Less: accumulated depreciation $ (93,950) $ (79,390)
Property and equipment, net 223,787 171,036
Property and equipment, in service    
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, gross 247,881 199,829
Technical infrastructure    
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, gross $ 184,107 $ 139,596
Property, plant and equipment, gross, percentage 60.00% 60.00%
Office space    
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, gross $ 45,715 $ 43,714
Corporate and other assets    
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, gross 18,059 16,519
Assets not yet in service    
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, gross $ 69,856 $ 50,597
v3.25.3
Supplemental Financial Statement Information - Accrued Expenses and Other Current Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment [Line Items]    
Accrued purchases of property and equipment $ 8,899 $ 7,104
European Commission fines 10,564 6,322
Accrued customer liabilities 4,363 4,304
Payables to brokers for unsettled investment trades 4,004 3,866
Income taxes payable, net 551 2,905
Other accrued expenses and current liabilities 31,056 26,727
Accrued expenses and other current liabilities 59,437 51,228
Settled Litigation | Privacy Matters    
Property, Plant and Equipment [Line Items]    
Other accrued expenses and current liabilities 1,400  
Accounts Payable    
Property, Plant and Equipment [Line Items]    
Accrued purchases of property and equipment $ 5,700 $ 3,200
v3.25.3
Supplemental Financial Statement Information - Components of Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Components of AOCI, net of tax        
Beginning balance $ 362,916 $ 300,753 $ 325,084 $ 283,379
Other comprehensive income (loss) before reclassifications     2,843 761
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI     (41) (52)
Amounts reclassified from AOCI     (56) 465
Other comprehensive income (loss) 73 1,784 2,746 1,174
Ending balance 386,867 314,119 386,867 314,119
Total        
Components of AOCI, net of tax        
Beginning balance (2,127) (5,012) (4,800) (4,402)
Other comprehensive income (loss) 73 1,784 2,746 1,174
Ending balance (2,054) (3,228) (2,054) (3,228)
Foreign Currency Translation Adjustments        
Components of AOCI, net of tax        
Beginning balance     (5,080) (3,407)
Other comprehensive income (loss) before reclassifications     2,631 234
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI     0 0
Amounts reclassified from AOCI     0 0
Other comprehensive income (loss)     2,631 234
Ending balance (2,449) (3,173) (2,449) (3,173)
Unrealized Gains (Losses) on Available-for-Sale Investments        
Components of AOCI, net of tax        
Beginning balance     (299) (965)
Other comprehensive income (loss) before reclassifications     1,066 755
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI     0 0
Amounts reclassified from AOCI     (149) 629
Other comprehensive income (loss)     917 1,384
Ending balance 618 419 618 419
Unrealized Gains (Losses) on Cash Flow Hedges        
Components of AOCI, net of tax        
Beginning balance     579 (30)
Other comprehensive income (loss) before reclassifications     (854) (228)
Amounts excluded from the assessment of hedge effectiveness recorded in AOCI     (41) (52)
Amounts reclassified from AOCI     93 (164)
Other comprehensive income (loss)     (802) (444)
Ending balance $ (223) $ (474) $ (223) $ (474)
v3.25.3
Supplemental Financial Statement Information - Effects on Net Income of Amounts Reclassified from AOCI (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Revenue $ 102,346 $ 88,268 $ 289,007 $ 253,549
Other income (expense), net 12,759 3,185 26,604 6,154
Benefit (provision) for income taxes (9,008) (5,405) (21,994) (13,990)
Net income 34,979 26,301 97,715 73,582
Reclassification out of Accumulated Other Comprehensive Income        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Net income (147) (90) 56 (465)
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gains (losses) on available-for-sale investments        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Other income (expense), net 46 (113) 187 (807)
Benefit (provision) for income taxes (10) 25 (38) 178
Net income 36 (88) 149 (629)
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gains (losses) on cash flow hedges        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Benefit (provision) for income taxes 54 4 40 (11)
Net income (183) (2) (93) 164
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gains (losses) on cash flow hedges | Foreign exchange and other contracts        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Revenue (237) (6) (133) 174
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gains (losses) on cash flow hedges | Interest rate contracts        
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
Other income (expense), net $ 0 $ 0 $ 0 $ 1
v3.25.3
Supplemental Financial Statement Information - Schedule of Other Income (Expense), Net (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Balance Sheet Components Disclosure [Abstract]        
Interest income $ 1,076 $ 1,243 $ 3,128 $ 3,394
Interest expense (143) (54) (438) (215)
Foreign currency exchange gain (loss), net (143) 23 (318) (388)
Gain (loss) on debt securities, net 122 160 489 (612)
Gain (loss) on equity securities, net 10,734 1,821 21,778 3,350
Performance fees (174) 29 (297) 261
Income (loss) and impairment from equity method investments, net (30) (107) 367 (101)
Other 1,317 70 1,895 465
Other income (expense), net 12,759 3,185 26,604 6,154
Interest costs capitalized $ 130 $ 57 $ 301 $ 143
v3.25.3
Acquisitions (Details)
$ in Billions
 1 Months Ended
Mar. 31, 2025
USD ($)
Wiz  
Business Combination [Line Items]  
Payments to acquire business $ 32.0
v3.25.3
Goodwill - Changes in Carrying Amount of Goodwill (Details)
$ in Millions
 9 Months Ended
Sep. 30, 2025
USD ($)
Changes in Carrying Amount of Goodwill  
Balance as of December 31, 2024 $ 31,885
Additions 1,295
Foreign currency translation and other adjustments 89
Balance as of September 30, 2025 33,269
Google Services  
Changes in Carrying Amount of Goodwill  
Balance as of December 31, 2024 23,521
Additions 1,163
Foreign currency translation and other adjustments 103
Balance as of September 30, 2025 24,787
Google Cloud  
Changes in Carrying Amount of Goodwill  
Balance as of December 31, 2024 7,490
Additions 132
Foreign currency translation and other adjustments 10
Balance as of September 30, 2025 7,632
Other Bets  
Changes in Carrying Amount of Goodwill  
Balance as of December 31, 2024 874
Additions 0
Foreign currency translation and other adjustments (24)
Balance as of September 30, 2025 $ 850
v3.25.3
Commitments and Contingencies (Details)
$ in Millions, € in Billions
 1 Months Ended 3 Months Ended 12 Months Ended
Sep. 05, 2025
USD ($)
Oct. 29, 2025
USD ($)
Sep. 30, 2025
EUR (€)
Sep. 30, 2024
EUR (€)
Mar. 31, 2024
investigation
Sep. 30, 2022
EUR (€)
Mar. 31, 2019
EUR (€)
Jul. 31, 2018
EUR (€)
Jun. 30, 2017
EUR (€)
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Loss Contingencies [Line Items]                            
Purchase obligation                   $ 7,700        
Loss contingency, cash payments                     $ 3,000      
Number of open investigations | investigation         2                  
Antitrust Matters                            
Loss Contingencies [Line Items]                            
Loss contingency, loss in period $ 3,500   € 3.0     € 4.1 € 1.5 € 4.3 € 2.4 $ 3,500     $ 1,700 $ 5,100
Loss contingency, loss adjustment                       $ 217    
Loss contingency, loss in period, value annulled | €       € 1.5                    
Privacy Matters | Settled Litigation | Subsequent Event                            
Loss Contingencies [Line Items]                            
Litigation settlement, amount awarded to other party   $ 1,400                        
v3.25.3
Stockholders' Equity - Narrative (Details) - USD ($)
 1 Months Ended 3 Months Ended 9 Months Ended
Apr. 30, 2025
Sep. 30, 2025
Jun. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Apr. 30, 2024
Stockholders Equity Note [Line Items]              
Repurchases of capital stock   $ 11,553,000,000   $ 15,299,000,000 $ 40,117,000,000 $ 46,954,000,000  
Increase in dividend rate, percentage 5.00%            
Dividends and dividend equivalents declared (in dollars per share)   $ 0.21 $ 0.21 $ 0.20 $ 0.62 $ 0.40  
Share Repurchase Program              
Stockholders Equity Note [Line Items]              
Repurchases of capital stock   $ 11,553,000,000     $ 40,117,000,000    
Class A & C Capital Stock | Share Repurchase Program              
Stockholders Equity Note [Line Items]              
Authorized share repurchase amount $ 70,000,000,000           $ 70,000,000,000
Remaining amount available for repurchase   74,800,000,000     74,800,000,000    
Class A share repurchases              
Stockholders Equity Note [Line Items]              
Dividends   1,200,000,000     3,600,000,000    
Class A share repurchases | Share Repurchase Program              
Stockholders Equity Note [Line Items]              
Repurchases of capital stock   926,000,000     6,229,000,000    
Capital Class B              
Stockholders Equity Note [Line Items]              
Dividends   177,000,000     527,000,000    
Class C share repurchases              
Stockholders Equity Note [Line Items]              
Dividends   1,100,000,000     3,400,000,000    
Class C share repurchases | Share Repurchase Program              
Stockholders Equity Note [Line Items]              
Repurchases of capital stock   $ 10,627,000,000     $ 33,888,000,000    
v3.25.3
Stockholders' Equity - Share Repurchases (Details) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Stockholders Equity Note [Line Items]        
Repurchases of capital stock $ 11,553 $ 15,299 $ 40,117 $ 46,954
Share Repurchase Program        
Stockholders Equity Note [Line Items]        
Repurchases of capital stock (in shares) 56   220  
Repurchases of capital stock $ 11,553   $ 40,117  
Share Repurchase Program | Class A share repurchases        
Stockholders Equity Note [Line Items]        
Repurchases of capital stock (in shares) 5   36  
Repurchases of capital stock $ 926   $ 6,229  
Share Repurchase Program | Class C share repurchases        
Stockholders Equity Note [Line Items]        
Repurchases of capital stock (in shares) 51   184  
Repurchases of capital stock $ 10,627   $ 33,888  
v3.25.3
Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Numerator        
Allocation of distributed earnings (cash dividends paid) $ 2,537 $ 2,455 $ 7,513 $ 4,921
Allocation of undistributed earnings 32,442 23,846 90,202 68,661
Net income $ 34,979 $ 26,301 $ 97,715 $ 73,582
Denominator        
Number of shares used in basic computation (shares) 12,086 12,290 12,130 12,349
Basic net income per share (in dollars per share) $ 2.89 $ 2.14 $ 8.06 $ 5.96
Numerator        
Allocation of total earnings for basic computation $ 34,979 $ 26,301 $ 97,715 $ 73,582
Net income $ 34,979 $ 26,301 $ 97,715 $ 73,582
Denominator        
Number of shares used in basic computation (shares) 12,086 12,290 12,130 12,349
Weighted-average effect of dilutive securities        
Restricted stock units and other contingently issuable shares (shares) 117 129 100 131
Number of shares used in per share computation (shares) 12,203 12,419 12,230 12,480
Diluted net income per share (in dollars per share) $ 2.87 $ 2.12 $ 7.99 $ 5.90
Class A Common Stock        
Numerator        
Allocation of distributed earnings (cash dividends paid) $ 1,222 $ 1,170 $ 3,609 $ 2,343
Allocation of undistributed earnings 15,617 11,351 43,294 32,599
Net income $ 16,839 $ 12,521 $ 46,903 $ 34,942
Denominator        
Number of shares used in basic computation (shares) 5,818 5,850 5,822 5,863
Basic net income per share (in dollars per share) $ 2.89 $ 2.14 $ 8.06 $ 5.96
Numerator        
Allocation of total earnings for basic computation $ 16,839 $ 12,521 $ 46,903 $ 34,942
Reallocation of total earnings as a result of conversion of Class B to Class A shares 2,445 1,851 6,863 5,167
Reallocation of undistributed earnings (171) (135) (406) (394)
Net income $ 19,113 $ 14,237 $ 53,360 $ 39,715
Denominator        
Number of shares used in basic computation (shares) 5,818 5,850 5,822 5,863
Weighted-average effect of dilutive securities        
Conversion of Class B to Class A common shares outstanding (shares) 845 865 852 867
Number of shares used in per share computation (shares) 6,663 6,715 6,674 6,730
Diluted net income per share (in dollars per share) $ 2.87 $ 2.12 $ 8.00 $ 5.90
Class A Common Stock | Restricted stock units and other contingently issuable shares        
Weighted-average effect of dilutive securities        
Restricted stock units and other contingently issuable shares (shares) 0 0 0 0
Class B Common Stock        
Numerator        
Allocation of distributed earnings (cash dividends paid) $ 177 $ 173 $ 527 $ 346
Allocation of undistributed earnings 2,268 1,678 6,336 4,821
Net income $ 2,445 $ 1,851 $ 6,863 $ 5,167
Denominator        
Number of shares used in basic computation (shares) 845 865 852 867
Basic net income per share (in dollars per share) $ 2.89 $ 2.14 $ 8.06 $ 5.96
Numerator        
Allocation of total earnings for basic computation $ 2,445 $ 1,851 $ 6,863 $ 5,167
Reallocation of total earnings as a result of conversion of Class B to Class A shares 0 0 0 0
Reallocation of undistributed earnings (22) (17) (52) (51)
Net income $ 2,423 $ 1,834 $ 6,811 $ 5,116
Denominator        
Number of shares used in basic computation (shares) 845 865 852 867
Weighted-average effect of dilutive securities        
Conversion of Class B to Class A common shares outstanding (shares) 0 0 0 0
Number of shares used in per share computation (shares) 845 865 852 867
Diluted net income per share (in dollars per share) $ 2.87 $ 2.12 $ 7.99 $ 5.90
Class B Common Stock | Restricted stock units and other contingently issuable shares        
Weighted-average effect of dilutive securities        
Restricted stock units and other contingently issuable shares (shares) 0 0 0 0
Class C Capital Stock        
Numerator        
Allocation of distributed earnings (cash dividends paid) $ 1,138 $ 1,112 $ 3,377 $ 2,232
Allocation of undistributed earnings 14,557 10,817 40,572 31,241
Net income $ 15,695 $ 11,929 $ 43,949 $ 33,473
Denominator        
Number of shares used in basic computation (shares) 5,423 5,575 5,456 5,619
Basic net income per share (in dollars per share) $ 2.89 $ 2.14 $ 8.06 $ 5.96
Numerator        
Allocation of total earnings for basic computation $ 15,695 $ 11,929 $ 43,949 $ 33,473
Reallocation of total earnings as a result of conversion of Class B to Class A shares 0 0 0 0
Reallocation of undistributed earnings 171 135 406 394
Net income $ 15,866 $ 12,064 $ 44,355 $ 33,867
Denominator        
Number of shares used in basic computation (shares) 5,423 5,575 5,456 5,619
Weighted-average effect of dilutive securities        
Conversion of Class B to Class A common shares outstanding (shares) 0 0 0 0
Number of shares used in per share computation (shares) 5,540 5,704 5,556 5,750
Diluted net income per share (in dollars per share) $ 2.86 $ 2.12 $ 7.98 $ 5.89
Class C Capital Stock | Restricted stock units and other contingently issuable shares        
Weighted-average effect of dilutive securities        
Restricted stock units and other contingently issuable shares (shares) 117 129 100 131
v3.25.3
Compensation Plans - Narrative (Details) - USD ($)
$ in Billions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Stock-based compensation expense $ 6.4 $ 5.9 $ 17.9 $ 17.0
Awards expected to be settled with stock 6.1 $ 5.7 17.2 $ 16.4
Restricted Stock Units (RSUs)        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unrecognized compensation cost $ 47.0   $ 47.0  
Weighted average recognition period for unrecognized stock-based compensation expense (in years)     2 years 7 months 6 days  
v3.25.3
Compensation Plans - Unvested Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs)
shares in Millions
 9 Months Ended
Sep. 30, 2025
$ / shares
shares
Number of Shares  
Unvested at beginning of period (in shares) | shares 299
Granted (in shares) | shares 183
Vested (in shares) | shares (133)
Forfeited/canceled (in shares) | shares (26)
Unvested at end of period (in shares) | shares 323
Weighted- Average Grant-Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 122.77
Granted (in dollars per share) | $ / shares 181.79
Vested (in dollars per share) | $ / shares 131.72
Forfeited/canceled (in dollars per share) | $ / shares 140.32
Unvested at end of period (in dollars per share) | $ / shares $ 151.01
v3.25.3
Income Taxes - Effective Tax Rate (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Tax Disclosure [Abstract]        
Income before provision for income taxes $ 43,987 $ 31,706 $ 119,709 $ 87,572
Provision for income taxes $ 9,008 $ 5,405 $ 21,994 $ 13,990
Effective tax rate 20.50% 17.00% 18.40% 16.00%
v3.25.3
Income Taxes - Narrative (Details) - USD ($)
$ in Billions
Sep. 30, 2025
Dec. 31, 2024
Income Tax Disclosure [Abstract]    
Gross unrecognized tax benefits $ 13.1 $ 12.6
Unrecognized tax benefits that would impact effective tax rate $ 11.1 $ 10.0
v3.25.3
Information about Segments and Geographic Areas - Revenue and Operating Income/Loss by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 05, 2025
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]          
Hedging gains (losses)   $ (207) $ 17 $ (60) $ 191
Revenues   102,346 88,268 289,007 253,549
Total income from operations   31,228 28,521 93,105 81,418
Total costs and expenses   71,118 59,747 195,902 172,131
Reconciling items          
Segment Reporting Information [Line Items]          
Total income from operations   (4,467) (3,166) (10,866) (7,758)
Google Services          
Segment Reporting Information [Line Items]          
Revenue from contract with customers   87,052 76,510 246,859 220,836
Employee compensation expenses   11,070 10,869 33,713 33,620
Other costs and expenses   42,455 34,785 113,874 98,789
Total costs and expenses   53,525 45,654 147,587 132,409
Google Services | Antitrust Matters          
Segment Reporting Information [Line Items]          
Total income from operations $ (3,500)        
Google Services | Operating Segments          
Segment Reporting Information [Line Items]          
Total income from operations   33,527 30,856 99,272 88,427
Google Cloud          
Segment Reporting Information [Line Items]          
Revenue from contract with customers   15,157 11,353 41,041 31,274
Employee compensation expenses   5,586 5,157 16,515 15,489
Other costs and expenses   5,977 4,249 15,929 11,766
Total costs and expenses   11,563 9,406 32,444 27,255
Google Cloud | Operating Segments          
Segment Reporting Information [Line Items]          
Total income from operations   3,594 1,947 8,597 4,019
Other Bets          
Segment Reporting Information [Line Items]          
Revenue from contract with customers   344 388 1,167 1,248
Other Bets | Operating Segments          
Segment Reporting Information [Line Items]          
Total income from operations   $ (1,426) $ (1,116) $ (3,898) $ (3,270)
v3.25.3
Information about Segments and Geographic Areas - Long-Lived Assets by Geographic Area (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Revenues from External Customers and Long-Lived Assets [Line Items]    
Total long-lived assets $ 238,311 $ 184,624
United States    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Total long-lived assets 175,676 138,993
International    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Total long-lived assets $ 62,635 $ 45,631