9to5investing

Stocks·NASDAQ:GOOGL

Alphabet (Google) (GOOGL)

Worth knowing: Nov 2, 2026: Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds) (424B5).
OverviewFinancialsOwnersFilings
Loading chart…
Revenue, last 12 months$471B+22% vs. a year before
Free cash flow, last 12 months$19.7BBringing in cash
Cash and short-term investments$265BDebt: $127B
Shares outstanding, past year+1.8%12.3B shares now
Backlog (signed, not yet booked)$568BAs of Sep 30, 2026

My take

No average analyst target in this video.

Every video where I mention GOOGL

The last 12 months

  1. Nov 5, 20268-KOther news
  2. Nov 2, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
  3. Oct 31, 2026VideoMy video: Amazon & Google Stock: AI Bubble Beginning to Pop or Deal of the Year?
  4. Oct 29, 202610-QQuarterly report
  5. Oct 28, 20268-KReleased quarterly results
  6. Aug 10, 20268-KOther news
  7. Aug 6, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
  8. Aug 6, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
  9. Jul 23, 2026S-8Registered shares for employee stock plans
  10. Jul 23, 202610-QQuarterly report
  11. Jul 22, 20268-KReleased quarterly results
  12. Jun 11, 20268-KExecutive or board change; Shareholder vote results
  13. Jun 5, 20268-KSigned a major agreement; Changed shareholders' rights; Changed its bylaws or fiscal year
  14. Jun 5, 20268-KExecutive or board change

All filings →

Revenue by year
2016: $90.3B20162017: $111B20172018: $137B20182019: $162B20192020: $183B20202021: $258B20212022: $283B20222023: $307B20232024: $350B20242025: $403B2025$403B
Show the numbers
Revenue by year
2016$90.3B
2017$111B
2018$137B
2019$162B
2020$183B
2021$258B
2022$283B
2023$307B
2024$350B
2025$403B
Revenue by quarter calendar quarter the period ended in
Q4 23: $86.3BQ1 24: $80.5BQ1 24Q2 24: $84.7BQ3 24: $88.3BQ3 24Q4 24: $96.5BQ1 25: $90.2BQ1 25Q2 25: $96.4BQ3 25: $102BQ3 25Q4 25: $114BQ1 26: $110BQ1 26Q2 26: $120BQ3 26: $128BQ3 26$128B
Show the numbers
Revenue by quarter
Q4 23$86.3B
Q1 24$80.5B
Q2 24$84.7B
Q3 24$88.3B
Q4 24$96.5B
Q1 25$90.2B
Q2 25$96.4B
Q3 25$102B
Q4 25$114B
Q1 26$110B
Q2 26$120B
Q3 26$128B
Operating income (loss) by year profit from the business before interest and taxes
2016: $23.7B20162017: $26.2B20172018: $27.5B20182019: $34.2B20192020: $41.2B20202021: $78.7B20212022: $74.8B20222023: $84.3B20232024: $112B20242025: $129B2025$129B
Show the numbers
Operating income (loss) by year
2016$23.7B
2017$26.2B
2018$27.5B
2019$34.2B
2020$41.2B
2021$78.7B
2022$74.8B
2023$84.3B
2024$112B
2025$129B
Free cash flow by year cash from operations minus spending on buildings and equipment
2016: $25.8B20162017: $23.9B20172018: $22.8B20182019: $31B20192020: $42.8B20202021: $67B20212022: $60B20222023: $69.5B20232024: $72.8B20242025: $73.3B2025$73.3B
Show the numbers
Free cash flow by year
2016$25.8B
2017$23.9B
2018$22.8B
2019$31B
2020$42.8B
2021$67B
2022$60B
2023$69.5B
2024$72.8B
2025$73.3B
Cash vs. debt

Cash and short-term investmentsDebt

2016 · Cash and short-term investments: $86.3B2016 · Debt: $4B20162017 · Cash and short-term investments: $102B2017 · Debt: $4.03B20172018 · Cash and short-term investments: $109B2018 · Debt: $4.06B20182019 · Cash and short-term investments: $120B2019 · Debt: $4.68B20192020 · Cash and short-term investments: $137B2020 · Debt: $15.3B20202021 · Cash and short-term investments: $140B2021 · Debt: $15.4B20212022 · Cash and short-term investments: $114B2022 · Debt: $15.3B20222023 · Cash and short-term investments: $111B2023 · Debt: $13B20232024 · Cash and short-term investments: $95.7B2024 · Debt: $12B20242025 · Cash and short-term investments: $127B2025 · Debt: $49.1B2025
Show the numbers
Cash and short-term investmentsDebt
2016$86.3B$4B
2017$102B$4.03B
2018$109B$4.06B
2019$120B$4.68B
2020$137B$15.3B
2021$140B$15.4B
2022$114B$15.3B
2023$111B$13B
2024$95.7B$12B
2025$127B$49.1B
How it makes money: Q3 2026 revenue by business segment; the thin line is a year earlier
  • Google Services$96.3B 75% +11% vs. a year ago
  • Google Cloud$30.7B 24% +103% vs. a year ago
  • Other Bets$372M 0% +8% vs. a year ago

From the 10-Q filed Oct 29, 2026. Source.

Stock pay vs. buybacks

Stock-based pay to employeesSpent buying back shares

2020 · Stock-based pay to employees: $13B2020 · Spent buying back shares: $31.1B20202021 · Stock-based pay to employees: $15.4B2021 · Spent buying back shares: $50.3B20212022 · Stock-based pay to employees: $19.4B2022 · Spent buying back shares: $59.3B20222023 · Stock-based pay to employees: $22.5B2023 · Spent buying back shares: $61.5B20232024 · Stock-based pay to employees: $22.8B2024 · Spent buying back shares: $62.2B20242025 · Stock-based pay to employees: $25B2025 · Spent buying back shares: $45.7B2025
Show the numbers
Stock-based pay to employeesSpent buying back shares
2020$13B$31.1B
2021$15.4B$50.3B
2022$19.4B$59.3B
2023$22.5B$61.5B
2024$22.8B$62.2B
2025$25B$45.7B

If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.

Backlog (remaining performance obligations) contracts signed but not yet booked as revenue
Q4 23: $74.1BQ1 24: $72.5BQ1 24Q2 24: $78.8BQ3 24: $86.8BQ3 24Q4 24: $93.2BQ1 25: $92.4BQ1 25Q2 25: $108BQ3 25: $158BQ3 25Q4 25: $243BQ1 26: $468BQ1 26Q2 26: $520BQ3 26: $568BQ3 26$568B
Show the numbers
Backlog (remaining performance obligations)
Q4 23$74.1B
Q1 24$72.5B
Q2 24$78.8B
Q3 24$86.8B
Q4 24$93.2B
Q1 25$92.4B
Q2 25$108B
Q3 25$158B
Q4 25$243B
Q1 26$468B
Q2 26$520B
Q3 26$568B

Compare GOOGL with other stocks →

From the company's own SEC filings via SEC EDGAR, latest period ended Sep 30, 2026. Numbers can be restated later. Not investment advice.

Dilution

Shares outstanding adjusted for the 20-for-1 split
Dec 2022: 12.8BMar 2023: 12.7BMar 2023Jun 2023: 12.6BSep 2023: 12.5BSep 2023Dec 2023: 12.5BMar 2024: 12.4BMar 2024Jun 2024: 12.3BSep 2024: 12.3BSep 2024Dec 2024: 12.2BMar 2025: 12.2BMar 2025Jun 2025: 12.1BSep 2025: 12.1BSep 2025Dec 2025: 12.1BMar 2026: 12.1BMar 2026Jun 2026: 12.2BSep 2026: 12.3BSep 202612.3B
Show the numbers
Shares outstanding
Dec 202212.8B
Mar 202312.7B
Jun 202312.6B
Sep 202312.5B
Dec 202312.5B
Mar 202412.4B
Jun 202412.3B
Sep 202412.3B
Dec 202412.2B
Mar 202512.2B
Jun 202512.1B
Sep 202512.1B
Dec 202512.1B
Mar 202612.1B
Jun 202612.2B
Sep 202612.3B

The share count is up +1.8% in a year, so each share is a slightly smaller slice of the company. What dilution means.

Insider trades

Insider buys, 12 months0none
Insider sales, 12 months215$123M, 215 planned in advance

Bought or sold on the open market

DateWhoWhatSharesValueFiling
Oct 29, 2026Frances Arnold
Director		Sold on the market (planned)82$23.3KForm 4
Sep 30, 2026Frances Arnold
Director		Sold on the market (planned)83$28.3KForm 4
Aug 28, 2026Frances Arnold
Director		Sold on the market (planned)82$27.7KForm 4
Jul 30, 2026Frances Arnold
Director		Sold on the market (planned)82$27.3KForm 4
Jul 29, 2026Marsida Saraci
VP, Chief Accounting Officer		Sold on the market (planned)449$150KForm 4
Jun 30, 2026Frances Arnold
Director		Sold on the market (planned)112$39.3KForm 4
Jun 29, 2026John Kent Walker
President, Global Affairs, CLO		Sold on the market (planned)
8 trades that day		9K$3.14MForm 4
Jun 26, 2026Marsida Saraci
VP, Chief Accounting Officer		Sold on the market (planned)449$153KForm 4
Jun 15, 2026John L. Hennessy
Director		Sold on the market (planned)
12 trades that day		1.1K$387KForm 4
May 29, 2026Frances Arnold
Director		Sold on the market (planned)102$38.9KForm 4
May 15, 2026John L. Hennessy
Director		Sold on the market (planned)
11 trades that day		1.1K$413KForm 4
Apr 30, 2026Frances Arnold
Director		Sold on the market (planned)102$37.8KForm 4
Apr 15, 2026John L. Hennessy
Director		Sold on the market (planned)
12 trades that day		1.1K$348KForm 4
Apr 1, 2026Amie Thuener O'Toole
VP, Chief Accounting Officer		Sold on the market (planned)617$179KForm 4
Mar 30, 2026Frances Arnold
Director		Sold on the market (planned)102$28.1KForm 4
Everything else: grants, option exercises, tax withholding (208)
DateWhoWhatSharesValueFiling
Jan 25, 2027Amie Thuener O'Toole
VP, Chief Accounting Officer		Shares withheld for taxes683$224KForm 4
Oct 25, 2026Marsida Saraci
VP, Chief Accounting Officer		Converted
8 trades that day		958n/aForm 4
Oct 25, 2026Marsida Saraci
VP, Chief Accounting Officer		Shares withheld for taxes
8 trades that day		494$157KForm 4
Oct 25, 2026John Kent Walker
President, Global Affairs, CLO		Converted
2 trades that day		3.3Kn/aForm 4
Oct 25, 2026John Kent Walker
President, Global Affairs, CLO		Shares withheld for taxes1.6K$521KForm 4
Oct 25, 2026Philipp Schindler
SVP, Chief Business Officer		Converted
2 trades that day		4Kn/aForm 4
Oct 25, 2026Philipp Schindler
SVP, Chief Business Officer		Shares withheld for taxes2K$640KForm 4
Oct 25, 2026Ruth Porat
President and CIO		Converted
2 trades that day		3.3Kn/aForm 4
Oct 25, 2026Ruth Porat
President and CIO		Shares withheld for taxes1.6K$521KForm 4
Oct 25, 2026Anat Ashkenazi
SVP, Chief Financial Officer		Converted
2 trades that day		3.5Kn/aForm 4
Oct 25, 2026Anat Ashkenazi
SVP, Chief Financial Officer		Shares withheld for taxes1.8K$565KForm 4
Oct 25, 2026Sundar Pichai
Chief Executive Officer, Director		Converted
2 trades that day		7.3Kn/aForm 4
Oct 25, 2026Sundar Pichai
Chief Executive Officer, Director		Shares withheld for taxes3.7K$1.18MForm 4
Oct 13, 2026Kavitark Ram Shriram
Director		Gift
6 trades that day		743Kn/aForm 4
Sep 25, 2026Marsida Saraci
VP, Chief Accounting Officer		Converted
10 trades that day		993n/aForm 4
Sep 25, 2026John Kent Walker
President, Global Affairs, CLO		Converted
4 trades that day		21.3Kn/aForm 4
Sep 25, 2026John Kent Walker
President, Global Affairs, CLO		Shares withheld for taxes
3 trades that day		10.7K$3.64MForm 4
Sep 25, 2026Marsida Saraci
VP, Chief Accounting Officer		Shares withheld for taxes
8 trades that day		492$167KForm 4
Sep 25, 2026Ruth Porat
President and CIO		Converted
4 trades that day		21.3Kn/aForm 4
Sep 25, 2026Ruth Porat
President and CIO		Shares withheld for taxes
3 trades that day		10.7K$3.64MForm 4
Sep 25, 2026Anat Ashkenazi
SVP, Chief Financial Officer		Converted
4 trades that day		20.3Kn/aForm 4
Sep 25, 2026Anat Ashkenazi
SVP, Chief Financial Officer		Shares withheld for taxes
3 trades that day		10.2K$3.47MForm 4
Sep 25, 2026Sundar Pichai
Chief Executive Officer, Director		Converted
2 trades that day		7.3Kn/aForm 4
Sep 25, 2026Sundar Pichai
Chief Executive Officer, Director		Shares withheld for taxes3.7K$1.26MForm 4
Sep 25, 2026Philipp Schindler
SVP, Chief Business Officer		Converted
4 trades that day		26.9Kn/aForm 4
Sep 25, 2026Philipp Schindler
SVP, Chief Business Officer		Shares withheld for taxes
3 trades that day		13.6K$4.60MForm 4
Sep 14, 2026Frances Arnold
Director		Grant or award
4 trades that day		13n/aForm 4
Sep 14, 2026Robin L Washington
Director		Grant or award
4 trades that day		3n/aForm 4
Sep 14, 2026Kavitark Ram Shriram
Director		Grant or award
4 trades that day		3n/aForm 4
Sep 14, 2026John L. Hennessy
Director		Grant or award
4 trades that day		4n/aForm 4
Sep 14, 2026L John Doerr
Director		Grant or award
4 trades that day		3n/aForm 4
Sep 14, 2026Roger W. Jr. Ferguson
Director		Grant or award
4 trades that day		3n/aForm 4
Sep 14, 2026R. Martin Chavez
Director		Grant or award
4 trades that day		3n/aForm 4
Sep 14, 2026Marsida Saraci
VP, Chief Accounting Officer		Grant or award
8 trades that day		10n/aForm 4
Sep 14, 2026John Kent Walker
President, Global Affairs, CLO		Grant or award
3 trades that day		82n/aForm 4
Sep 14, 2026Ruth Porat
President and CIO		Grant or award
3 trades that day		82n/aForm 4
Sep 14, 2026Philipp Schindler
SVP, Chief Business Officer		Grant or award
3 trades that day		104n/aForm 4
Sep 14, 2026Anat Ashkenazi
SVP, Chief Financial Officer		Grant or award
3 trades that day		82n/aForm 4
Sep 14, 2026Sundar Pichai
Chief Executive Officer, Director		Grant or award131n/aForm 4
Sep 1, 2026Philipp Schindler
SVP, Chief Business Officer		Gift295n/aForm 4

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

InvestorQuarterSharesValueShare of fundChange
Warren Buffett (Berkshire Hathaway)Q2 26106M$37.8B12.6%Added (+83%)
Chase Coleman (Tiger Global Management)Q2 265.8M$2.07B8.7%Trimmed (-45%)
Philippe Laffont (Coatue Management)Q2 265.8M$2.06B4.2%Added (+6%)
Li Lu (Himalaya Capital Management)Q2 265M$1.78B47.9%No change
David Tepper (Appaloosa)Q2 261.9M$654M8.8%Added (+7%)
Terry Smith (Fundsmith)Q2 261.8M$634M4.6%Trimmed (-40%)
Ray Dalio (founder) (Bridgewater Associates)Q2 261.4M$499M2.1%Trimmed (-41%)
Seth Klarman (Baupost Group)Q2 261.4M$485M9%Added (+16%)
Cathie Wood (ARK Investment Management)Q2 261.2M$419M2.7%Added (+64%)
Dan Loeb (Third Point)Q2 261M$366M7.9%Added (+486%)
George Soros (Soros Fund Management)Q2 26596K$213M2.8%Added (+4%)
Stanley Druckenmiller (Duquesne Family Office)Q2 26336K$120M2.8%New position
Stephen Mandel (founder) (Lone Pine Capital)Q2 26216K$77M0.5%Added (+15%)
Brad Gerstner (Altimeter Capital Management)Q2 26175K$62.6M0.6%New position

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

Failed trades (fails to deliver) shares that weren't delivered on time when a trade settled
Jul 16: 86Jul 23: 56Jul 24: 35Jul 27: 77Jul 27Jul 28: 300Jul 30: 520KAug 3: 6.6KAug 4: 2.4KAug 4Aug 5: 108KAug 6: 83.4KAug 7: 5.1KAug 10: 400Aug 10Aug 12: 32Aug 14: 15Aug 17: 246KAug 20: 31Aug 20Aug 24: 142KAug 25: 200Aug 27: 33Sep 4: 5.2KSep 4Sep 8: 33Sep 11: 13Sep 14: 2.7KSep 15: 200Sep 15Sep 17: 100Sep 21: 16.3KSep 22: 500Sep 23: 70Sep 23Sep 25: 455Sep 28: 101Sep 29: 612Sep 30: 21Sep 30Oct 1: 2.6KOct 2: 1.1KOct 6: 66Oct 7: 51Oct 7Oct 8: 4.3KOct 9: 437Oct 13: 6.3KOct 14: 293Oct 14293
Show the numbers
Failed trades (fails to deliver)
Jul 1686
Jul 2356
Jul 2435
Jul 2777
Jul 28300
Jul 30520K
Aug 36.6K
Aug 42.4K
Aug 5108K
Aug 683.4K
Aug 75.1K
Aug 10400
Aug 1232
Aug 1415
Aug 17246K
Aug 2031
Aug 24142K
Aug 25200
Aug 2733
Sep 45.2K
Sep 833
Sep 1113
Sep 142.7K
Sep 15200
Sep 17100
Sep 2116.3K
Sep 22500
Sep 2370
Sep 25455
Sep 28101
Sep 29612
Sep 3021
Oct 12.6K
Oct 21.1K
Oct 666
Oct 751
Oct 84.3K
Oct 9437
Oct 136.3K
Oct 14293

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

What changed in the latest annual report

Comparing the risk factors in the 10-K filed Feb 5, 2026 with the one filed Feb 5, 2025: 1 new and 1 removed, out of 27.

New this year

  • Disruptions in our ability to access future financing or manage our indebtedness could adversely affect our ability to execute our strategy and harm our financial condition.
Dropped from last year (1)
  • The trading price for our Class A stock and non-voting Class C stock may continue to be volatile.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Government contracts

$54.4M in federal contract money over the last 12 months, across 74 awards and changes.

DateAgencyWhat forAmount
Mar 30, 2026Department of the ArmyTASK ORDER AWARD AGAINST JWCC MULTIPLE-AWARD IDIQ CONTRACT HC105023D0002 TO GOOGLE PUBLIC SECTOR LLC FOR GOOGLE IL 2, 4, 5, AND 6 (SECRET) CLOUD PLATFORM CLOUD…$25.5M
Jun 26, 2026Defense Logistics AgencyJOINT WARFIGHTING CLOUD CAPABILITY (JWCC) TASK ORDER FOR DLA INFORMATION OPERATIONS GOOGLE PLATFORM AND GOOGLE CAPABILITIES SUPPORT$12.5M
Feb 10, 2026Office of the Chief Financial OfficerSTRATUS POOL 1 CLOUD SERVICE BOA TO MOD 008 FOR FEMA PSO SERVICES FUNDING$7.99M
Jun 8, 2026Defense Information Systems AgencyNEPTUNE ENTERPRISE CLOUD$2.44M
May 21, 2026Defense Information Systems AgencyJWCC PROGRAM MANAGEMENT OFFICE SUPPORT$1.50M
Jul 13, 2026Office of the Chief Financial OfficerSTRATUS POOL 1 CLOUD SERVICE BOA TO MOD 008 FOR FEMA PSO SERVICES FUNDING$1.16M
Jun 30, 2026Department of the ArmyTASK ORDER AWARD AGAINST JWCC MULTIPLE-AWARD IDIQ CONTRACT HC105023D0002 TO GOOGLE PUBLIC SECTOR LLC FOR GOOGLE IL 2, 4, 5, AND 6 (SECRET) CLOUD PLATFORM CLOUD…$874K
Mar 6, 2026Defense Information Systems AgencyJWCC PROGRAM MANAGEMENT OFFICE SUPPORT$860K
Dec 5, 2025Defense Information Systems AgencyJWCC PROGRAM MANAGEMENT OPTION PERIOD 3$815K
Jan 30, 2026Department of the ArmyTASK ORDER AWARD AGAINST JWCC MULTIPLE-AWARD IDIQ CONTRACT HC105023D0002 TO GOOGLE PUBLIC SECTOR LLC FOR GOOGLE IL 2, 4, 5, AND 6 (SECRET) CLOUD PLATFORM CLOUD…$811K

From USAspending.gov. Amounts are money the government committed, which can be cut later.

Search inside Alphabet (Google)'s filings

Opens the SEC's own full-text search in a new tab, limited to GOOGL. Every GOOGL filing on EDGAR.