GOOGL · 10-Q · 2026Q2 · Full report
Antitrust Damages — Klarna
Alphabet Inc. · 2026-07-23 · Importance 53 · Surprise 60
Alphabet accrued $2.1 billion in second-quarter 2026 legal charges related to a Stockholm Patent and Market Court decision in a private action brought by PriceRunner, a Klarna subsidiary. The accrued principal damages were $1.5 billion and were recorded in Google Services general and administrative expenses. Accrued interest and costs of $581 million were recorded in other income (expense), net.
Key facts
- In the second quarter of 2026, we accrued $2.1 billion in legal charges related to a Stockholm Patent and Market Court decision brought by PriceRunner (a subsidiary of Klarna), of which $1.5 billion principal damages were accrued in Google Services general and administrative expenses and $581 million of accrued interest and costs was recognized in other income (expense), net. source