OneChart Earnings

Alphabet (GOOGL) Q2 FY2025 income statement Sankey chart

Source: 10-Q · filed 2025-07-24 · SEC EDGAR · GAAP

Alphabet (GOOGL) Q2 FY2025 income statement Sankey chart: revenue sources, costs, expenses and profit

Alphabet (GOOGL) Q2 FY2025 (quarter ended 2025-06-30): revenue $96.4B (+14% Y/Y), gross profit $57.4B, operating income $31.3B, net income $28.2B (29% margin). Sankey chart of where the money comes from and goes, from the 10-Q filed 2025-07-24.

How to read this chart

Revenue lines on the left add up to gross revenue; incentives paid to clients and partners (red) are deducted to get net revenue. After that, green is profit and red is expenses. Wider band = bigger amount; "Y/Y" = vs. a year earlier.

  • Out of every 100 dollars of net revenue, 29 dollars ended up as net profit.
  • The biggest single cost is Other cost of revenues: $24.3B, or 25% of net revenue.
  • Operating margin 32.4%, about the same as a year earlier (32.4%).

Worth noting

  • Gains/losses on investments $1.3B
  • G&A +65% Y/Y

Cash flow

Operating cash flow $27.7B, capex $22.4B, free cash flow (derived = OCF − capex) $5.3B.

Key figures

ItemQ2 FY2025Prior yearY/Y% of revenue
Revenue$96.4B$84.7B+14%—
Cost of revenue$39.0B$35.5B+10%40.5%
Gross profit$57.4B$49.2B+17%59.5%
Operating expenses$26.1B$21.8B+20%27.1%
Operating income$31.3B$27.4B+14%32.4%
Net income$28.2B$23.6B+19%29.2%

Source: Alphabet Form 10-Q filed Jul 24, 2025 (accession 0001652044-25-000062) via SEC EDGAR · Q2 FY25 = quarter ended Jun 30, 2025 · GAAP, as reported · Y/Y vs. prior-year period · Note: revenue node drawn at the sum of the revenue lines (calculated) so the small deduction can branch off; the figure shown is revenue as reported; · revenue split from XBRL StatementBusinessSegmentsAxis; 'Hedging losses' = total revenue − sum of segments = −$112M; · cost of revenue split from the filing's MD&A table (not XBRL), checked against the XBRL total; · non-operating income split using the filing's note (e.g. gains on equity securities); 'other' = statement line − parts; (±N pp) = change vs the prior-year period in percentage points · Not investment advice / 不构成投资建议 · Created 2026-10-24 · OneChart Earnings · onechartearnings.com