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Alphabet Inc. FY 2025 10-K, explained in plain English

GOOGL ยท 10-K for the period ending December 31, 2025, filed February 5, 2026 ยท Read the original on SEC.gov โ†’

Key financials โ€” as reported

Total revenue$402.8B
Gross margin59.7%
Operating income$129.0B
Net income$132.2B
Diluted EPS$10.81
Cash & equivalents$30.7B
Total assets$595.3B
Long-term debt$49.1B

Key takeaway

Alphabet reported record annual revenue of $402.8 billion with operating income of $129.0 billion, reflecting strong core advertising and cloud performance.

๐Ÿ”’ 4 more takeaways in the full analysis

Beneath the surface

The headline $49.1 billion long-term debt figure understates leverage risk exposure but is dwarfed by $126.8 billion in cash and short-term investments, indicating a strong net cash position.

๐Ÿ”’ 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings โ€” plus insider trades, activist stakes, and 8-K events for GOOGL.

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