OneChart Earnings

Alphabet (GOOGL) Q1 FY2026 income statement Sankey chart

Source: 10-Q · filed 2026-04-30 · SEC EDGAR · GAAP

Alphabet (GOOGL) Q1 FY2026 income statement Sankey chart: revenue sources, costs, expenses and profit

Alphabet (GOOGL) Q1 FY2026 (quarter ended 2026-03-31): revenue $109.9B (+22% Y/Y), gross profit $68.6B, operating income $39.7B, net income $62.6B (57% margin). Sankey chart of where the money comes from and goes, from the 10-Q filed 2026-04-30.

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, 57 dollars ended up as net profit.
  • The biggest single cost is Other cost of revenues: $26.0B, or 24% of net revenue.
  • Operating margin 36.1%, up 2.2 percentage points from a year earlier (33.9%).

Worth noting

  • Gains/losses on investments $36.9B
  • Pre-tax income +85% Y/Y
  • Net income +81% Y/Y

Cash flow

Operating cash flow $45.8B, capex $35.7B, free cash flow (derived = OCF − capex) $10.1B.

Key figures

ItemQ1 FY2026Prior yearY/Y% of revenue
Revenue$109.9B$90.2B+22%—
Cost of revenue$41.3B$36.4B+14%37.6%
Gross profit$68.6B$53.9B+27%62.4%
Operating expenses$28.9B$23.3B+24%26.3%
Operating income$39.7B$30.6B+30%36.1%
Net income$62.6B$34.5B+81%56.9%

Source: Alphabet Form 10-Q filed Apr 30, 2026 (accession 0001652044-26-000048) via SEC EDGAR · Q1 FY26 = quarter ended Mar 31, 2026 · 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 = −$180M; · 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