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, 16 notable, and 4 negative flags.

• Financial Statements (Item 1)

  Full financials with massive capital raises, M&A, and legal payouts.
  Notable

  • Supply agreement commitments surged to $707B from $232.7B at March 2026, largely for AI infrastructure.
  • Raised $30.5B from common stock (including $10B private placement to Berkshire Hathaway) in June 2026.
  • Issued $19B in mandatory convertible preferred stock; established $40B ATM program for future sales.
  • No share repurchases in H1 2026 vs $28.3B in H1 2025; $69.5B authorization remains.
  Negative

  • Android antitrust fine paid in July 2026: cash outflow of $5.2B including accrued interest.
  • Swedish court awarded $2.1B in damages against Google; accrued in Q2 2026.

• Management's Discussion (Item 2)

  Core MD&A with revenue growth, Cloud surge, huge equity/debt raises, massive commitments.
  Positive

  • Revenue up 24% to $119.8B in Q2 2026, Cloud up 82%.
  • Google Cloud operating income tripled to $8.8B in Q2 2026 from $2.8B.
  Notable

  • Raised $49.6B from stock/MCP and $20.3B debt in Q2 2026 for AI infra.
  • Unrealized gains on equity securities generated $99B in OI&E in Q2 2026.
  • Accrued $2.1B in legal charges from PriceRunner decision in Q2 2026.
  • Leases not yet commenced: $85.2B as of June 30, 2026, up from $75.6B.
  • Purchase commitments surged to $811B at June 30, 2026 from $332B three months earlier.
  Negative

  • Capex $44.9B exceeded operating cash flow $39.1B in Q2 2026, relying on financing.
  • Other Bets operating loss widened to $1.8B in Q2 2026 from $1.2B.

• Risk Factors (Item 1A)

  New risk factors: $40B ATM program, cloud financial guarantees, privacy law updates, dilutive stock.
  Notable

  • Financial guarantees backstop third-party data center build-out, could increase liabilities.
  • Shift to supply TPU systems to customers increases costs and operational complexity.
  • New pending regulation COPPA 2.0 and EU Data Act create compliance risks.
  • Mandatory Convertible Preferred Stock conversion or share-settled dividends could dilute existing holders.

• Unregistered Sales and Repurchases (Item 2)

  Company-specific capital event: $10B private placement is material for shareholders.
  Notable

  • $10.0 billion private placement sold 28M shares to Berkshire affiliate, diluting shareholders by ~0.9%.

• Other Information (Item 5)

  Insider trading plan terminations and adoptions by top executives in Q2 2026.
  Notable

  • Chair Hennessy terminated his plan mid-Q2 2026; plan was set to run until March 2027.
  • New Controller/PAO adopted an employee trading plan to sell shares from vesting of 1,804 gross Class C shares.

What changed: Jun 2026 vs. Mar 2026

About 22% of GOOGL'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