Alphabet 10-Q: Q3 FY2025

Key insights

7 takeaways · ~3 min read

01
Alphabet Inc. reported a net income of $34.54 billion for Q1 2025, a significant increase from $23.66 billion in Q1 2024.
02
Net cash provided by operating activities increased to $36.15 billion in Q1 2025 from $28.85 billion in Q1 2024.
03
The company's capital expenditures, specifically purchases of property and equipment, rose to $17.20 billion in Q1 2025 from $12.01 billion in Q1 2024, with technical infrastructure accounting for approximately 60% of property and equipment.
04
Stock-based compensation expense increased slightly to $5.52 billion in Q1 2025 from $5.26 billion in Q1 2024.
05
Alphabet faces ongoing legal challenges, including a cease-and-desist order from the Japanese Fair Trade Commission in April 2025 regarding Android agreements and antitrust lawsuits in the U.S. concerning advertising technology, with trials scheduled for August 2025.
06
The allowance for credit losses on accounts receivable increased from $879 million as of December 31, 2024, to $915 million as of March 31, 2025.
07
Accrued expenses and other current liabilities increased to $58.30 billion as of March 31, 2025, from $51.23 billion as of December 31, 2024, partly due to a rise in income taxes payable and accrued purchases of property and equipment.