OneChart Earnings

Alphabet (GOOGL) Q2 FY2026 income statement Sankey chart

Source: 10-Q · filed 2026-07-23 · SEC EDGAR · GAAP

Alphabet (GOOGL) Q2 FY2026 income statement Sankey chart: revenue sources, costs, expenses and profit

Alphabet (GOOGL) Q2 FY2026 (quarter ended 2026-06-30): revenue $119.8B (+24% Y/Y), gross profit $73.9B, operating income $40.8B, net income $112.2B (94% margin). Sankey chart of where the money comes from and goes, from the 10-Q filed 2026-07-23.

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, 94 dollars ended up as net profit.
  • The biggest single cost is Cost of revenue: $45.9B, or 38% of revenue.
  • Gross margin 61.6%, up 2.1 percentage points from a year earlier (59.5%).

Worth noting

  • Gains/losses on investments $99.0B
  • Pre-tax income +309% Y/Y
  • Net income +298% Y/Y

Cash flow

Operating cash flow $39.1B, capex $44.9B, free cash flow (derived = OCF − capex) -$5.9B.

Key figures

ItemQ2 FY2026Prior yearY/Y% of revenue
Revenue$119.8B$96.4B+24%—
Cost of revenue$45.9B$39.0B+18%38.4%
Gross profit$73.9B$57.4B+29%61.6%
Operating expenses$33.1B$26.1B+27%27.6%
Operating income$40.8B$31.3B+30%34.0%
Net income$112.2B$28.2B+298%93.7%

Source: Alphabet Form 10-Q filed Jul 23, 2026 (accession 0001652044-26-000071) via SEC EDGAR · Q2 FY26 = quarter ended Jun 30, 2026 · GAAP, as reported · Y/Y vs. prior-year period · Note: revenue split from XBRL StatementBusinessSegmentsAxis; 'Hedging gains' = total revenue − sum of segments = $106M; · 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