Alphabet (GOOGL) Balance Sheet: Assets & Liabilities

Alphabet (GOOGL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Alphabet reported total assets of $595.28B and total liabilities of $180.02B. Shareholders' equity was $415.26B, up 27.7% from $325.08B a year earlier. Total debt stood at $48.54B against $126.84B in cash and short-term investments, a net cash position of $78.30B. That puts debt-to-equity at 0.12, compared with 0.08 a year earlier.

Alphabet Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Alphabet Inc. (GOOGL) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	30.71	23.47	24.05	21.88	20.95	26.47	18.50	16.70	10.72
Short-Term Investments	96.14	72.19	86.87	91.88	118.70	110.23	101.18	92.44	91.16
Cash & Short-Term Investments	126.84	95.66	110.92	113.76	139.65	136.69	119.68	109.14	101.87
Accounts Receivable	62.89	52.34	47.96	40.26	39.30	31.38	27.49	21.19	18.71
Inventory	2.44	0.00	0.00	2.67	1.17	0.73	1.00	1.11	0.75
Other Current Assets	16.31	15.71	12.65	10.78	8.02	5.49	4.41	4.24	2.98
Total Current Assets	206.04	163.71	171.53	164.80	188.14	174.30	152.58	135.68	124.31
Non-Current Assets
Property, Plant & Equipment (Net)	261.82	184.62	148.44	127.05	110.56	96.96	84.59	59.72	42.38
Long-Term Investments	68.69	37.98	31.01	30.49	29.55	20.70	13.08	13.86	7.81
Goodwill	33.38	31.89	29.20	28.96	22.96	21.18	20.62	17.89	16.75
Intangible Assets	1.28	0.00	0.00	2.08	1.42	1.45	1.98	2.22	2.69
Other Non-Current Assets	16.25	14.87	10.05	8.71	6.65	3.95	2.34	2.69	2.67
Total Non-Current Assets	389.24	286.55	230.86	200.47	171.13	145.32	123.33	97.12	72.99
Total Assets	595.28	450.26	402.39	365.26	359.27	319.62	275.91	232.79	197.30
Current Liabilities
Accounts Payable	12.20	7.99	7.49	5.13	6.04	5.59	5.56	4.38	3.14
Short-Term Debt	2.00	2.89	2.79	2.48	2.30	1.69	1.20	0.00	0.00
Current Portion of Long-Term Debt	2.00	1.00	1.00	-	-	-	-	-	-
Accrued Liabilities	64.95	76.10	70.18	33.02	54.93	-	-	-	-
Deferred Revenue	6.58	5.04	4.14	3.91	3.29	2.54	1.91	1.78	1.43
Other Current Liabilities	41.31	64.43	64.65	9.11	24.72	45.52	36.28	28.39	18.73
Total Current Liabilities	102.75	89.12	81.81	69.30	64.25	56.83	45.22	34.62	24.18
Non-Current Liabilities
Long-Term Debt	46.55	22.57	24.33	12.86	14.82	25.08	14.77	4.01	3.97
Deferred Tax Liabilities	0.00	0.00	0.49	0.51	5.26	3.56	1.70	1.26	0.43
Other Non-Current Liabilities	8.45	13.48	11.47	2.25	17.17	11.12	12.42	14.87	15.87
Total Non-Current Liabilities	77.27	36.05	37.20	39.82	43.38	40.24	29.25	20.54	20.61
Total Liabilities	180.02	125.17	119.01	109.12	107.63	97.07	74.47	55.16	44.79
Stockholders' Equity
Common Stock	93.13	84.80	76.53	68.18	61.77	58.51	50.55	45.05	40.25
Retained Earnings	324.06	245.08	211.25	195.56	191.48	163.40	152.12	134.89	113.25
Accumulated Other Comprehensive Income	-1.92	-4.80	-4.40	-7.60	-1.62	0.63	-1.23	-2.31	-0.99
Additional Paid-in Capital	93.13	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	12.09	12.21	12.46	12.85	-	-	-	-	-
Total Stockholders' Equity	415.27	325.08	283.38	256.14	251.64	222.54	201.44	177.63	152.50
Total Liabilities & Equity	595.28	450.26	402.39	365.26	359.27	319.62	275.91	232.79	197.30

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Alphabet Balance Sheet

How much debt does Alphabet have?

Alphabet had total debt of $48.54B as of Dec 31, 2025, against $126.84B in cash and short-term investments. Its debt-to-equity ratio was 0.12. Total debt was $25.46B a year earlier.

What are Alphabet's total assets?

Alphabet reported total assets of $595.28B as of Dec 31, 2025, up 32.2% from $450.26B a year earlier. Total liabilities were $180.02B.

What is Alphabet's shareholders' equity?

Alphabet's shareholders' equity was $415.26B as of Dec 31, 2025, or about $34.35 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition