GOOG · 10-Q · 2026Q1 · Full report

Purchase Commitments and Other Contractual Obligations

Alphabet Inc. · 2026-04-30 · Importance 56 · Surprise 24 · In source text

As of March 31, 2026, Alphabet reported material purchase commitments and other contractual obligations totaling $332.4 billion, of which $138.0 billion was short-term, primarily relating to technical infrastructure, inventory, content licenses, and energy take-or-pay contracts. The company disclosed financial guarantees and credit derivatives with maximum potential future payments of $9.0 billion and $28.4 billion, respectively, and an agreement to provide up to $33.3 billion of future backstops to support data center and energy supply infrastructure. In April 2026, Alphabet entered into an agreement to backstop approximately $15.3 billion against those commitments. The company also disclosed a $10.0 billion capital commitment and $30.0 billion of contingent future funding to a private investment through 2030 and expects to fund $10.0 billion in Q2 2026 as a non-marketable security.

Key facts

• In March 2026, Alphabet committed to a $40.0 billion investment in a private company consisting of a $10.0 billion capital commitment and $30.0 billion of future capital funding contingent upon achievement of specified milestones. source
• As of March 31, 2026, Alphabet had commitments for a future private investment consisting of a $10.0 billion capital commitment and $30.0 billion of future capital funding contingent upon specified milestones through 2030, accounted for as an equity derivative. source
• Alphabet expects to fund $10.0 billion in the second quarter of 2026 in the form of a non-marketable security for the private investment. source

Impact estimates