Alphabet (Class C): revenue, profit and dividends

In fiscal 2025, Alphabet (Class C) had revenue of $403B, up 18.3% a year on average since 2015, and net income of $132B (32.8% of revenue). It paid a dividend of $0.83 a share.

Revenue, fiscal 2025

$403B+18.3% a year

average annual revenue growth since 2015 · +15.1% vs 2024

Net income, 2025

$132B

32.8% of revenue

Diluted EPS, 2025

$10.81

Dividend per share, 2025

$0.83

raised 1 year in a row

Revenue growth, 5 years

17.2% a year

since 2020

Shares, 2025

12.2B

Free cash flow, 2025

$73.3B

$165B from operations − $91.4B capex

Ticker: GOOG · Nasdaq
Sector: Communication Services
Sub-industry: Interactive Media & Services
Headquarters: Mountain View, California
Founded: 1998
In the S&P 500 since: April 3, 2014
Latest fiscal year: 2025, ended December 31, 2025
SEC filer: Alphabet Inc. · CIK 0001652044
Other share class: GOOGL

Revenue and net income

Revenue went from $16.6B in 2007 to $403B in 2025.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $0.33 in 2007 to $10.81 in 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

From 13.3B in 2012 to 12.2B in 2025.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $73.3B in 2025, 18.2% of revenue.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Dividend	Shares	Operating cash flow	Capex	Free cash flow
2025	$403B	$132B	32.8%	$10.81	$0.83	12.2B	$165B	$91.4B	$73.3B
2024	$350B	$100B	28.6%	$8.04	$0.60	12.4B	$125B	$52.5B	$72.8B
2023	$307B	$73.8B	24.0%	$5.80	—	12.7B	$102B	$32.3B	$69.5B
2022	$283B	$60B	21.2%	$4.56	—	13.2B	$91.5B	$31.5B	$60B
2021	$258B	$76B	29.5%	$5.61	—	—	$91.7B	$24.6B	$67B
2020	$183B	$40.3B	22.1%	$2.93	—	—	$65.1B	$22.3B	$42.8B
2019	$162B	$34.3B	21.2%	$2.46	—	—	$54.5B	$23.5B	$31B
2018	$137B	$30.7B	22.5%	$2.19	—	—	$48B	$25.1B	$22.8B
2017	$111B	$12.7B	11.4%	$0.90	—	—	$37.1B	$13.2B	$23.9B
2016	$90.3B	$19.5B	21.6%	$1.39	—	—	$36B	$10.2B	$25.8B
2015	$75B	$16.3B	21.8%	—	—	—	$26.6B	$9.95B	$16.6B
2014	$66B	$14.1B	21.4%	$1.03	—	13.7B	$23B	$11B	$12B
2013	$55.5B	$12.7B	22.9%	$0.94	—	13.6B	$18.7B	$7.36B	$11.3B
2012	$46B	$10.7B	23.3%	$0.81	—	13.3B	$16.6B	$3.27B	$13.3B
2011	$37.9B	$9.74B	25.7%	$0.74	—	—	$14.6B	$3.44B	$11.1B
2010	$29.3B	$8.51B	29.0%	$0.66	—	—	$11.1B	$4.02B	$7.06B
2009	$23.7B	$6.52B	27.6%	$0.51	—	—	$9.32B	$810M	$8.51B
2008	$21.8B	$4.23B	19.4%	$0.33	—	—	$7.85B	$2.36B	$5.49B
2007	$16.6B	$4.2B	25.3%	$0.33	—	—	$5.78B	$2.4B	$3.37B

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

Stock splits

Found in the filings; per-share figures and share counts on this page are on today’s share basis.

20-for-1 split · first reflected in a filing of July 27, 2022
2-for-1 split · first reflected in a filing of April 24, 2014

About these figures

Figures filed before October 29, 2015 come from Google Inc. (CIK 0001288776), the earlier SEC registrant of the same business.
GOOGL: another share class of the same company, so its page shows the same figures.
Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.