Company: GOOGL
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001652044-25-000043
Chunk: 22

Company: Alphabet Inc.
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 outstanding84,800 86,725 Accumulated other comprehensive income (loss)(4,800)(4,086)Retained earnings245,084 262,628 Total stockholders’ equity325,084 345,267 Total liabilities and stockholders’ equity$450,256 $475,374 

See accompanying notes.

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Table of ContentsAlphabet Inc.

Alphabet Inc.

CONSOLIDATED STATEMENTS OF INCOME

(in millions, except per share amounts; unaudited)Three Months EndedMarch 31,20242025Revenues$80,539 $90,234 Costs and expenses:Cost of revenues33,712 36,361 Research and development11,903 13,556 Sales and marketing6,426 6,172 General and administrative3,026 3,539 Total costs and expenses55,067 59,628 Income from operations25,472 30,606 Other income (expense), net2,843 11,183 Income before income taxes28,315 41,789 Provision for income taxes4,653 7,249 Net income$23,662 $34,540 Basic net income per share (Note 12)$1.91 $2.84 Diluted net income per share (Note 12)$1.89 $2.81 

See accompanying notes.

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Table of ContentsAlphabet Inc.

Alphabet Inc.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in millions; unaudited)Three Months Ended March 31, 20242025Net income$23,662 $34,540 Other comprehensive income (loss):Change in foreign currency translation adjustment, net of income tax benefit (expense) of $(18) and $45(503)663 Available-for-sale investments:Change in net unrealized gains (losses)(360)645 Less: reclassification adjustment for net (gains) losses included in net income311 (84)Net change, net of income tax benefit (expense) of $14 and $(159)(49)561 Cash flow hedges:Change in net unrealized gains (losses)186 (313)Less: reclassification adjustment for net (gains) losses included in net income(71)(197)Net change, net of income tax benefit (expense) of $(23) and $131115 (510