Alphabet Inc.

Company facts

Industry

Services-Computer Programming, Data Processing, Etc.

Headquarters

Mountain View, California

Most recent report

8-K, filed Aug 10, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 1652044

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 5 of 11 sections worth reading, with 2 positive, 14 notable, and 6 negative flags.

• Financial Statements (Item 1)

  Core financials reveal massive equity gain, huge capital raises, and legal payouts.
  Notable

  • $519.5B revenue backlog, $513.9B from Google Cloud, as of June 30, 2026.
  • $85.2B future lease payments for data centers not yet commenced.
  • Issued $51.8B in debt in Q2 2026 across Euro, CAD, JPY notes.
  • Purchase commitments surged to $707B, mainly for long-term supply agreements.
  Negative

  • $5.2B cash payment made in July 2026 for Android antitrust fine.
  • $2.1B loss recognized from PriceRunner antitrust ruling in Q2 2026.

• Management's Discussion (Item 2)

  Dense with numbers: huge capital raises, $99B unrealized gains, new legal charges, massive capex.
  Positive

  • Revenue grew 24% to $119.8B in Q2 2026; Google Cloud surged 82% to $24.8B.
  • Google Cloud operating income rose to $8.8B from $2.8B in Q2 2026, a 210% jump.
  Notable

  • Raised $49.6B in stock and mandatory convertible preferred plus $20.3B in debt in Q2 2026 to fund AI infrastructure.
  • Q2 2026 net income includes $99.0B in unrealized gains on equity securities, mostly SpaceX and a private company.
  • Capital expenditures doubled to $80.6B in H1 2026 from $39.6B in H1 2025, mainly for technical infrastructure.
  • No share repurchases in Q2 2026; $69.5B remains authorized but unused.
  • Total purchase commitments and contractual obligations stand at $811.0B as of June 30, 2026, up from $332.4B at March 31, 2026.
  Negative

  • Accrued $2.1B in legal charges for a Stockholm court decision against Google in the PriceRunner case in Q2 2026.
  • Short-term accrued legal and regulatory fines total $17.4B as of June 30, 2026, mostly EC fines.

• Risk Factors (Item 1A)

  New quantified risks: $40B ATM, mandatory preferred dilution, backstops, and TPU supply risks.
  Notable

  • Alphabet provides financial backstops for third-party data center and power infrastructure build-outs.
  • Engaging in supply of TPU systems increases costs and operational complexity.
  Negative

  • Up to $40B ATM program could dilute existing stockholders (established June 2026).
  • Mandatory convertible preferred stock conversions will dilute common stockholders.

• Unregistered Sales and Repurchases (Item 2)

  Large private placement to Berkshire Hathaway; material capital raise.
  Notable

  • Raised $10.0 billion from Berkshire affiliate via private placement of 28 million shares, dilutive to existing holders.

• Exhibits (Item 6)

  New mandatorily convertible preferred and fresh debt notes signal real capital structure moves.
  Notable

  • Amended and restated 2021 Stock Plan as of June 5, 2026 – prior quarter's exhibit had separate CEO/Non-CEO PSU and Waymo/Wing bet forms.
  • Registration rights agreement with National Indemnity Company (Berkshire Hathaway affiliate) – two letters dated June 2026.

What changed: Jun 2026 vs. Mar 2026

About 22% of GOOG's Jun 2026 10-Q is new information. 121 paragraphs were added, 170 changed, and 30 removed. Below are the most important lines SECSift identified.

• Item 1 119
• Item 2 75
• Item 1A 20
• Item 6 15
• Item 5 4
• Item 4 2