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Signal Ledger LabAlphabet
GOOGLSIGNAL LEDGER VALUATIONWhat the shares are worth today if management delivers the targets it has set for each business: every business valued at FY2030 and discounted back, every input cited.
Research updated 2026-10-23 03:44:15 UTCBUY below $237.41WATCHSELL above $445.15
Price viewWATCH
Buy below · 80% of FV$237.41
Sell above · 150% of FV$445.15
BUY below 80% of FV · WATCH from 80% to 150% · SELL above 150%. Thresholds use unrounded fair values.
REPORTED FIGURES / LATEST SEC FILING
What GOOGL reported, business by business.
SEC 10-Q ↗ · quarter ended 2026-06-30 · filed 2026-07-23 · checked 2026-10-29 01:22 UTC; an earnings release published before the 10-Q or 10-K is not included.
- Reported revenue
- $119.796B
- Reported net income
- $112.193B
- Reported diluted EPS
- $9.11
RECONCILED Business rows reconcile to SEC revenue from the same filing and reporting period. Unverified segment profits remain blank.
Non-overlapping reported revenue lines, 2026-04-01 to 2026-06-30. Reported results; the valuation above uses the dated research assumptions.
| Business | Revenue | Share of revenue | Operating profit | Margin |
|---|---|---|---|---|
| Google Services | $94.54B | 78.9% | $39.544B | 41.8% |
| Google Cloud | $24.768B | 20.7% | $8.814B | 35.6% |
| Other Bets | $0.382B | 0.3% | — | — |
| Hedging gains (losses) | $0.106B | 0.1% | — | — |
| Consolidated revenue | $119.796B | 100% | — |
View reported source cells
Accession 0001652044-26-000071
Google Services
The following table presents revenue, profitability, and expense information about our segments (in millions): The following table presents revenue, profitability, and expense information about our segments (in millions): Three Months Ended Six Months Ended June 30, June 30, 2025 2026 2025 2026 Revenues: Google Services $ 82,543 $ 94,540 $ 159,807 $ 184,177; Total revenues $ 96,428 $ 119,796 $ 186,662 $ 229,692
Google Cloud
The following table presents revenue, profitability, and expense information about our segments (in millions): The following table presents revenue, profitability, and expense information about our segments (in millions): Three Months Ended Six Months Ended June 30, June 30, 2025 2026 2025 2026 Revenues: Google Cloud 13,624 24,768 25,884 44,796; Total revenues $ 96,428 $ 119,796 $ 186,662 $ 229,692
Other Bets
The following table presents revenue, profitability, and expense information about our segments (in millions): The following table presents revenue, profitability, and expense information about our segments (in millions): Three Months Ended Six Months Ended June 30, June 30, 2025 2026 2025 2026 Revenues: Other Bets 373 382 823 793; Total revenues $ 96,428 $ 119,796 $ 186,662 $ 229,692
Hedging gains (losses)
The following table presents revenue, profitability, and expense information about our segments (in millions): The following table presents revenue, profitability, and expense information about our segments (in millions): Three Months Ended Six Months Ended June 30, June 30, 2025 2026 2025 2026 Revenues: Hedging gains (losses) (112) 106 148 (74); Total revenues $ 96,428 $ 119,796 $ 186,662 $ 229,692
THE COMPANY
What does Alphabet do?
Advertising, cloud and AI platform
Businesses: Google Services · Google Cloud · Other Bets
EVIDENCE
Follow every input to its source
Read the full valuation for each business, the assumptions behind it and the cited evidence.