OneChart Earnings

Alphabet (GOOGL) Q4 FY2025 income statement Sankey chart

Source: 10-K · filed 2026-02-05 · SEC EDGAR · GAAP

Alphabet (GOOGL) Q4 FY2025 income statement Sankey chart: revenue sources, costs, expenses and profit

Alphabet (GOOGL) Q4 FY2025 (quarter ended 2025-12-31): revenue $113.8B (+18% Y/Y), gross profit $68.1B, operating income $35.9B, net income $34.5B (30% margin). Sankey chart of where the money comes from and goes, from the 10-K filed 2026-02-05.

How to read this chart

Left: where revenue comes from, flowing into total revenue in the middle. Green bands are profit, red bands are costs and expenses. Wider band = bigger amount. "Y/Y" = vs. the same period a year earlier.

  • Out of every 100 dollars of revenue, 30 dollars ended up as net profit.
  • The biggest single cost is Cost of revenue: $45.8B, or 40% of revenue.
  • Gross margin 59.8%, up 1.9 percentage points from a year earlier (57.9%).

Worth noting

  • Gains/losses on investments $2.3B

Cash flow

Operating cash flow $52.4B, capex $27.9B, free cash flow (derived = OCF − capex) $24.6B.

Key figures

ItemQ4 FY2025Prior yearY/Y% of revenue
Revenue$113.8B$96.5B+18%—
Cost of revenue$45.8B$40.6B+13%40.2%
Gross profit$68.1B$55.9B+22%59.8%
Operating expenses$32.1B$24.9B+29%28.2%
Operating income$35.9B$31.0B+16%31.6%
Net income$34.5B$26.5B+30%30.3%

Source: Alphabet Form 10-K filed Feb 5, 2026 (accession 0001652044-26-000018) via SEC EDGAR; Q3 10-Q 0001652044-25-000091 · Q4 FY25 = quarter ended Dec 31, 2025 · GAAP, as reported · Y/Y vs. prior-year period · Note: Q4 derived = 10-K full year − Q3 10-Q nine-month YTD; 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