Alphabet Inc. (GOOGL) Fundamental Analysis

Alphabet Inc. is assessed below across growth, profitability, cash generation and balance-sheet strength, sourced directly from its SEC filings. It is solidly profitable, with a latest net margin of 57%. Cash generation is healthy, funding the business from its own operations. On the latest filing the majority of indicators are constructive.

Beat Index assesses Alphabet Inc. across sixteen analysis tabs, spanning revenue and income, margins, cash flow, returns, liquidity and leverage, working capital, intrinsic value, commitments, insider activity, risk, and its latest 10-Q reads positively across revenue growth, profit margins, cash generation and balance-sheet strength. Every figure is taken as-reported from SEC EDGAR filings, with no vendor adjustments.

At a glance

  • PositiveGrowth: Revenue up 22% YoY
  • WatchNothing flagged to watch next quarter.
  • ConcernNo red flags in the latest quarter.

Trend matrix, last 4 quarters

Dimension2026-03-312025-12-312025-09-302025-06-30
GrowthRevenue up 22% YoYRevenue up 18% YoYRevenue up 16% YoYRevenue up 14% YoY
ProfitabilityNet margin 57%Net margin 30%Net margin 34%Net margin 29%
Cash GenerationFCF margin 9%FCF margin 22%FCF margin 24%FCF margin 5%
Balance SheetDebt/equity 0.2xDebt/equity 0.1xDebt/equity 0.1xDebt/equity 0.1x

Quarterly financials

Metric2026-03-312025-12-312025-09-302025-06-302025-03-31
Revenue$109.90B$113.83B$102.34B$96.43B$90.23B
Cash & equivalents$38.06B$30.71B$23.09B$21.04B$23.26B
Net income$62.58B$34.45B$34.98B$28.20B$34.54B
Operating cash flow$45.79B$52.40B$48.41B$27.75B$36.15B
Free cash flow$10.12B$24.55B$24.46B$5.30B$18.95B

Figures in USD, as reported to the SEC. Longer history is available in the full analysis.

Sourced directly from SEC EDGARAs of 2026-03-31 (Q1 FY2026) · Evaluated as of 2026-04-30

What's inside the full dashboard

Sixteen analysis tabs, all sourced from SEC filings, no estimates.

  • Cash Flow: Free cash flow generation and operating cash flow trends.
  • Intrinsic Value: Discounted cash flow (DCF) valuation and enterprise multiples.
  • Liquidity & Leverage: Balance-sheet strength: assets, liabilities, debt and liquidity ratios.
  • Margins: Gross, operating, and net profit margin analysis.
  • Returns: Return on equity, return on assets, and return on invested capital.
  • Revenue & Income: Revenue growth, composition, and year-over-year income trends.
  • Working Capital: Working-capital efficiency, cash conversion and asset-turnover metrics.
  • Risk: Debt levels, liquidity ratios, and financial risk indicators.
  • Insider: Insider stock transactions and executive activity.
  • Commitments: Operating leases, purchase commitments, and future obligations.

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Live valuation, management commentary, and peer comparison, all sourced directly from SEC filings. Free to access.