Company: GOOGL
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001652044-25-000091
Chunk: 69

Company: Alphabet Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 69
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 of 28% year over year, primarily driven by increases in expenses related to legal and other matters, employee compensation expenses, and depreciation expense.

Other Information:

•On September 5, 2025, the EC announced its decision that Google had infringed European competition laws. The EC decision imposed a $3.5 billion fine which we accrued in general and administrative expenses in our Google Services segment for the three months ended September 30, 2025.

•OI&E of $12.8 billion for the three months ended September 30, 2025 included net gains on equity securities of $10.7 billion, primarily related to unrealized gains on our non-marketable equity securities.

•Changes to U.S. tax law enacted on July 4, 2025, allow, among other things, for immediate expensing of domestic research and experimentation costs and accelerated depreciation on eligible capital expenditures, the effects of which are included in operating cash flows for the three months ended September 30, 2025.

•Repurchases of Class A and Class C shares were $926 million and $10.6 billion, respectively, totaling $11.6 billion for the three months ended September 30, 2025.

•Operating cash flow was $48.4 billion for the three months ended September 30, 2025.

•Capital expenditures, which primarily reflected investments in technical infrastructure, were $24.0 billion for the three months ended September 30, 2025.

•As of September 30, 2025, we had 190,167 employees.

We are monitoring ongoing developments surrounding international trade and the macroeconomic environment. As a result of volatility in international trade and financial markets, we may experience direct and indirect effects on our business, operations, and financial results. Our past results may not be indicative of our future performance, and our financial results may differ materially from historical trends.

Financial Results

Revenues

The following table presents revenues by type (in millions):  Three Months EndedNine Months Ended September 30,September 30, 2024202520242025Google Search & other$49,385 $56,567 $144,050 $161,459 YouTube ads8,921 10,261 25,674 28,984 Google Network7,548 7,354 22,405 21,964 Google advertising65,854 74,182 192,129 212,407 Google subscriptions, platforms, and devices