Alphabet Inc. (Class A) balance sheet

At the end of fiscal 2025, Alphabet Inc. (Class A) had total assets of $595.28bn, total liabilities of $180.02bn and shareholders' equity of $415.26bn. It held $30.71bn in cash against $49.09bn of debt: net debt of $18.38bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Alphabet Inc. (Class A): balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	10.2	13.6	10.0	14.8	18.9	18.3	16.5	12.9	10.7	16.7	18.5	26.5	20.9	21.9	24.0	23.5	30.7	56.3
Receivables	3.2	4.3	5.4	7.9	8.9	9.4	11.6	14.1	18.3	20.8	25.3	30.9	39.3	40.3	48.0	52.3	62.9	72.8
Inventory	—	—	0.0	0.5	0.4	—	0.5	0.3	0.7	1.1	1.0	0.7	1.2	2.7	—	—	2.4	13.3
Total current assets	29.2	41.6	52.8	60.5	72.9	78.7	90.1	105.4	124.3	135.7	152.6	174.3	188.1	164.8	171.5	163.7	206.0	374.7
Goodwill	4.9	6.3	7.3	10.5	11.5	15.6	15.9	16.5	16.7	17.9	20.6	21.2	23.0	29.0	29.2	31.9	33.4	58.1
Total assets	40.5	57.9	72.6	93.8	110.9	129.2	147.5	167.5	197.3	232.8	275.9	319.6	359.3	365.3	402.4	450.3	595.3	1,003.3
Accounts payable	0.2	0.5	0.6	2.0	2.5	1.7	1.9	2.0	3.1	4.4	5.6	5.6	6.0	5.1	7.5	8.0	12.2	22.0
Deferred revenue (current)	0.3	0.4	0.5	0.9	1.1	0.8	0.8	1.1	1.4	1.8	1.9	2.5	3.3	3.9	4.1	5.0	6.6	9.4
Total current liabilities	2.7	10.0	8.9	14.3	15.9	16.8	19.3	16.8	24.2	34.6	45.2	56.8	64.3	69.3	81.8	89.1	102.7	134.5
Short-term debt	0.0	3.5	1.2	2.5	3.0	2.0	3.2	0.0	0.0	—	0.0	1.0	0.0	0.0	1.0	1.0	2.0	1.0
Long-term debt	—	0.0	3.0	3.0	2.0	3.0	2.0	3.9	3.9	4.0	4.0	15.3	15.4	15.3	11.9	10.9	46.5	125.1
Total debt	0.0	3.5	4.2	5.5	5.2	5.2	5.2	4.0	4.0	4.1	4.7	15.3	15.4	15.3	14.7	14.3	49.1	127.5
Total liabilities	—	—	—	—	—	—	27.1	28.5	44.8	55.2	74.5	97.1	107.6	109.1	119.0	125.2	180.0	325.8
Shareholders' equity	36.0	46.2	58.1	71.6	87.0	103.9	120.3	139.0	152.5	177.6	201.4	222.5	251.6	256.1	283.4	325.1	415.3	677.5
Net debt (negative = net cash)	−10.2	−10.2	−5.8	−9.2	−13.7	−13.1	−11.3	−8.9	−6.7	−12.6	−13.8	−11.1	−5.5	−6.6	−9.3	−9.2	18.4	71.2
Shares outstanding	318m	321m	325m	13,199m	13,433m	13,603m	687m	691m	695m	696m	688m	675m	13,242m	12,849m	12,460m	12,211m	12,088m	12,294m

US$ billions unless shown otherwise. Fiscal quarters.

Alphabet Inc. (Class A): balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	52.3	51.0	55.0	57.1	62.9	63.0	69.2	72.8
Inventory	—	—	—	—	2.4	—	10.0	13.3
Total current assets	163.7	162.1	166.2	173.9	206.0	213.8	343.5	374.7
Goodwill	31.9	32.2	32.3	33.3	33.4	57.8	57.8	58.1
Total assets	450.3	475.4	502.1	536.5	595.3	703.9	922.0	1,003.3
Accounts payable	8.0	8.5	8.3	10.5	12.2	16.9	20.3	22.0
Deferred revenue (current)	5.0	4.9	5.0	5.5	6.6	7.2	7.2	9.4
Total current liabilities	89.1	91.7	87.3	99.6	102.7	111.2	126.1	134.5
Short-term debt	1.0	1.0	1.0	2.0	2.0	2.0	2.0	1.0
Long-term debt	10.9	10.9	23.6	21.6	46.5	77.5	98.2	125.1
Total debt	11.9	11.9	24.6	23.6	48.5	79.5	100.2	126.1
Total liabilities	125.2	130.1	139.1	149.6	180.0	225.2	281.5	325.8
Shareholders' equity	325.1	345.3	362.9	386.9	415.3	478.7	640.5	677.5
Shares outstanding	12,211m	12,155m	12,104m	12,077m	12,088m	12,116m	12,230m	12,294m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: GOOGL vs META GOOGL vs SE GOOGL vs SPOT

More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies

Figures from Alphabet Inc. (Class A)'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Alphabet Inc. (Class A).