Alphabet Q4 FY25: where the revenue came from and where it went
The whole income statement of Alphabet for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 5, 2026
Revenue$113.8B
+18% year over year
Gross profit$68.1B
60% margin
Operating profit$35.9B
32% margin
Net profit$34.5B
30% margin
Figures in billions of dollars.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 113.8 | 100% | +18% |
| Cost of revenue | −45.8 | 40% | |
| Gross profit | 68.1 | 60% margin | +2pp |
| R&D | −18.6 | 16% | +3pp |
| Sales & marketing | −8.2 | 7% | +0pp |
| G&A | −5.3 | 5% | +0pp |
| Operating profit | 35.9 | 32% margin | −1pp |
| Other income, net | 3.2 | ||
| Tax | −4.7 | ||
| Net profit | 34.5 | 30% margin | +3pp |
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