10-Q – 2026-04-30 – goog-20260331.htm

To meet the AI compute capacity demands of our customers, we are engaging in the supply of our custom hardware which may increase our costs and operational complexity. We also have a number of large, long-duration commercial agreements, which could increase our liabilities and obligations in the event of nonperformance by us, our counterparties, or vendors. These include certain financial guarantees, such as backstops to support the build-out of third-party data centers and power infrastructure. In the event of such nonperformance or industry challenges, we may incur additional liabilities, have excess capacity that we cannot easily redeploy, and not receive payments from our counterparties or customers.
Within Other Bets, we are investing significantly in areas such as transportation and life sciences, among others. These investment areas face intense competition from large, experienced, and well-funded competitors, and our offerings, many of which involve the development of new and emerging technologies, may not be successful, or be able to compete effectively or operate at sufficient levels of profitability.
In addition, new and evolving products and services, including those that use AI, raise ethical, technological, legal, regulatory, and other challenges, which could harm our brands and demand for our products and services. Because all of these investment areas are inherently risky, no assurance can be given that such strategies and offerings will be successful or will not harm our reputation, financial condition, and operating results.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
None.

ITEM 5. OTHER INFORMATION
10b5-1 Trading Plans
During the quarter ended March 31, 2026, the following Section 16 officer terminated a “Rule 10b5-1 trading arrangement” (as defined in Item 408 of Regulation S-K of the Exchange Act):
• Ruth M. Porat , President and Chief Investment Officer , Alphabet and Google, terminated a trading plan on March 3, 2026 that was originally adopted on November 29, 2025. The trading plan was scheduled to be in effect until March 2, 2027 to sell up to 154,486 shares (gross, plus any dividend equivalent units) of Class C Capital Stock issued upon the vesting of Ruth's Alphabet 2021 Performance Stock Units, as adjusted based on performance (shares sold are net of tax withholding).
There were no “non-Rule 10b5-1 trading arrangements” (as defined in Item 408 of Regulation S-K of the Exchange Act) adopted , modified, or terminated during the quarter ended March 31, 2026 by our directors and Section 16 officers. Each of the Rule 10b5-1 trading arrangements are in accordance with our Policy Against Insider Trading and actual sale transactions made pursuant to such trading arrangements will be disclosed publicly in Section 16 filings with the SEC in accordance with applicable securities laws, rules, and regulations.
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ITEM 6. EXHIBITS
Pursuant to Regulation S-K, Item 601(b)(4)(iii)(A), certain instruments which define the rights of holders of long-term debt of Alphabet Inc. and its consolidated subsidiaries are not filed herewith, and the Company hereby agrees to furnish a copy of any such instrument to the SEC upon request.

Exhibit
Number    Description Incorporated by reference herein
Form Date
4.1
Indenture, dated February 12, 2016, between Alphabet Inc. and The Bank of New York Mellon Trust Company, N.A., as trustee
Registration Statement on Form S-3 (File No. 333-209510)
February 16, 2016
4.2
Form of Global Note representing the Registrant's 4.125% notes due 2029
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.3
Form of Global Note representing the Registrant’s 4.625% notes due 2032
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.4
Form of Global Note representing the Registrant's 5.500% notes due 2041
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.5
Form of Global Note representing the Registrant's 5.875% notes due 2058
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.6
Form of Global Note representing the Registrant's 6.125% notes due 2126
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.7
Form of Global Note representing the Registrant's 3.700% notes due 2029
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.8
Form of Global Note representing the Registrant’s 4.100% notes due 2031
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.9
Form of Global Note representing the Registrant's 4.400% notes due 2033
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.10
Form of Global Note representing the Registrant's 4.800% notes due 2036
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.11
Form of Global Note representing the Registrant's 5.500% notes due 2046
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.12
Form of Global Note representing the Registrant's 5.650% notes due 2056
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
4.13
Form of Global Note representing the Registrant's 5.750% notes due 2066
Current Report on Form 8-K (File No. 001-37580)
February 13, 2026
10.01
*
♦
Alphabet Inc. Amended and Restated 2021 Stock Plan - Form of Alphabet CEO Performance Stock Unit Agreement

10.02
*
♦
Alphabet Inc. Amended and Restated 2021 Stock Plan – Form of Alphabet Non-CEO Performance Stock Unit Agreement

10.03
*
♦
Form of Waymo Bet Performance Stock Unit Agreement

10.04
*
♦
Form of Wing Bet Performance Unit Agreement

31.01 * Certification of Chief Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

31.02 * Certification of Chief Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.01 ‡ Certifications of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

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101.INS * Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH * Inline XBRL Taxonomy Extension Schema Document
101.CAL * Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF * Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB * Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE * Inline XBRL Taxonomy Extension Presentation Linkbase Document
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* Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

__________________________ 

♦
Indicates management compensatory plan, contract, or arrangement.

* Filed herewith.
‡ Furnished herewith.

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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

ALPHABET INC.
April 29, 2026 By: /s/ SUNDAR PICHAI

Sundar Pichai

Chief Executive Officer (Principal Executive Officer)

ALPHABET INC.
April 29, 2026 By: /s/ ANAT ASHKENAZI
Anat Ashkenazi
Senior Vice President, Chief Financial Officer

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