Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 108

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 108
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 respectively.Gains and Losses on Marketable and Non-marketable Equity SecuritiesGains and losses (including impairments), net, for marketable and non-marketable equity securities included in OI&E are summarized below (in millions):Three Months EndedSix Months EndedJune 30,June 30,2024202520242025Realized net gain (loss) on equity securities sold during the period$64 $217 $184 $435 Unrealized net gain (loss) on marketable equity securities(350)853 (214)1,088 Unrealized net gain (loss) on non-marketable equity securities(1)(428)216 1,559 9,521 Total gain (loss) on equity securities in other income (expense), net$(714)$1,286 $1,529 $11,044 (1)Unrealized gain (loss) on non-marketable equity securities accounted for under the measurement alternative is comprised of $319 million and $660 million of upward adjustments and $745 million and $454 million of downward adjustments (including impairments) for the three months ended June 30, 2024 and 2025, respectively, and $3.1 billion and $10.4 billion of upward adjustments and $1.6 billion and $853 million of downward adjustments (including impairments) for the six months ended June 30, 2024 and 2025, respectively.In the table above, realized net gain (loss) on equity securities sold during the period reflects the difference between the sale proceeds and the carrying value of the equity securities at the beginning of the period or the purchase date, if later.Cumulative net gains (losses) on equity securities sold during the period, which is summarized in the following table (in millions), represents the total net gains (losses) recognized after the initial purchase date of the equity security sold during the period. While these net gains (losses) may have been reflected in periods prior to the period of sale, we believe they are important supplemental information as they reflect the economic net gains (losses) on the securities sold during the period. Cumulative net gains (losses) are calculated as the difference between the sale price and the initial purchase price for the equity security sold during the period.Three Months EndedSix Months EndedJune 30,June 30, 2024202520242025Total sale price$583 $315 $1,