Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 59

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 stock units are awarded dividend equivalents, which are subject to the same vesting conditions as the underlying award, and settled in Class C shares.Immaterial differences in net income per share across our Class A, Class B, and Class C shares may arise due to the allocation of distributed earnings, which is based on the holders as of the record date, compared with the allocation of undistributed earnings and number of shares, which is based on the weighted average shares outstanding over the periods.

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Note 13.    Compensation Plans

Stock-Based CompensationFor the three months ended June 30, 2024 and 2025, total stock-based compensation (SBC) expense was $5.9 billion and $6.0 billion, including amounts associated with awards we expect to settle in Alphabet stock of $5.7 billion and $5.8 billion, respectively. For the six months ended June 30, 2024 and 2025, total SBC expense was $11.2 billion and $11.5 billion, including amounts associated with awards we expect to settle in Alphabet stock of $10.7 billion and $11.1 billion, respectively.Stock-Based Award ActivitiesThe following table summarizes the activities for unvested Alphabet restricted stock units (RSUs), which include dividend equivalents awarded to holders of unvested stock, for the six months ended June 30, 2025 (in millions, except per share amounts): Number ofShares Weighted-AverageGrant-DateFair ValueUnvested as of December 31, 2024299 $122.77 Granted146 $175.03 Vested(89)$129.05 Forfeited/canceled(17)$134.20 Unvested as of June 30, 2025339 $142.94 

As of June 30, 2025, there was $47.0 billion of unrecognized compensation cost related to unvested RSUs. This amount is expected to be recognized over a weighted-average period of 2.7 years. 

Note 14.    Income Taxes 

The following table presents provision for income taxes (in millions, except for effective tax rate):Three Months EndedSix Months EndedJune 30,June 30,2024202520242025Income before provision for income taxes$27,551 $33,933 $55,866 $75,722 Provision for income taxes$3,932 $5,737 $8,585