GOOG · 10-Q · 2026Q2 · Full report

PriceRunner Antitrust Damages

Alphabet Inc. · 2026-07-23 · Importance 34 · Surprise 42 · In source text

Alphabet accrued $2.1 billion in legal charges during the second quarter of 2026 related to a Stockholm Patent and Market Court decision in a private action brought by PriceRunner, a Klarna subsidiary. The principal damages were $1.5 billion, recorded in Google Services general and administrative expenses, while $581 million of accrued interest and costs was recognized in other income (expense), net. The charge increased quarterly general and administrative expenses and represents a material private antitrust damages exposure in Sweden.

Key facts

• As of June 30, 2026 Alphabet had accrued $2.1 billion in legal charges related to a Stockholm Patent and Market Court decision regarding PriceRunner; principal damages of $1.5 billion were accrued in general and administrative expenses and accrued interest and costs of $581 million were recognized in other income (expense), net. source

Impact estimates