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 94%. Cash generation is currently a watch item and warrants close attention. On the latest filing the majority of indicators are constructive.
Beat Index assesses Alphabet Inc. across seventeen analysis tabs, spanning market multiples, revenue and income, margins, cash flow, returns, liquidity and leverage, working capital, intrinsic value, commitments, insider activity, risk, and its latest 10-Q reads strongest on revenue growth, profit margins and balance-sheet strength while flagging cash generation for closer review. Every figure is taken as-reported from SEC EDGAR filings, with no vendor adjustments.
At a glance
- PositiveGrowth: Revenue up 24% YoY
- WatchNothing flagged to watch next quarter.
- ConcernCash Generation: Negative free cash flow
Trend matrix, last 4 quarters
| Dimension | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
| Growth | Revenue up 24% YoY | Revenue up 22% YoY | Revenue up 18% YoY | Revenue up 16% YoY |
| Profitability | Net margin 94% | Net margin 57% | Net margin 30% | Net margin 34% |
| Cash Generation | Negative free cash flow | FCF margin 9% | FCF margin 22% | FCF margin 24% |
| Balance Sheet | Debt/equity 0.2x | Debt/equity 0.2x | Debt/equity 0.1x | Debt/equity 0.1x |
Quarterly financials
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|---|
| Revenue | $119.80B | $109.90B | $113.83B | $102.34B | $96.43B |
| Cash & equivalents | $55.91B | $38.06B | $30.71B | $23.09B | $21.04B |
| Net income | $112.19B | $62.58B | $34.45B | $34.98B | $28.20B |
| Operating cash flow | $39.07B | $45.79B | $52.40B | $48.41B | $27.75B |
| Free cash flow | -$5.86B | $10.12B | $24.55B | $24.46B | $5.30B |
Figures in USD, as reported to the SEC. Longer history is available in the full analysis.
What's inside the full dashboard
Seventeen analysis tabs, all sourced from SEC filings, no estimates.
- Market Multiples: What buyers have actually paid for this business, week by week, against what they pay today.
- Cash Flow: Free cash flow generation and operating cash flow trends.
- Intrinsic Value: Discounted cash flow (DCF) valuation against your own discount rate.
- 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.