Alphabet delivered a strong quarter driven by robust growth across Google Services, Google Cloud, and subscriptions, underpinned by AI advancements and increased user engagement.
Alphabet delivered a strong Q4 2024, with revenues growing 12% year-over-year to $96.5 billion, driven by strength in Google Services and Google Cloud. Net income rose 28%, and EPS increased 31% to $2.15. Operating income surged 31%, with an improved operating margin of 32%.
Alphabet's Q3 2024 revenues increased by 15% year over year to $88.3 billion. Google Services revenues grew by 13% to $76.5 billion, and Google Cloud revenues increased by 35% to $11.4 billion. Total operating income increased 34% and EPS increased 37% to $2.12.
Alphabet Inc. reported revenues of $84.742 billion, up 14% year-over-year, driven by Search and Cloud, with Cloud exceeding $10 billion in quarterly revenues and $1 billion in operating profit. The company's ongoing investments in AI and infrastructure are expected to support future growth opportunities.
Alphabet's Q1 2024 earnings showcased strong revenue growth, driven by Search, YouTube, and Cloud. The company reported revenues of $80.5 billion, a 15% increase year-over-year, and an expansion in operating margin. A cash dividend program was initiated, and the board authorized the repurchase of up to $70 billion of Class A and Class C shares.
Alphabet Inc. reported strong Q4 2023 results with consolidated revenues of $86.31 billion, a 13% increase year-over-year. The company's performance was driven by ongoing strength in Search and growing contributions from YouTube and Cloud.
Alphabet Inc. reported a strong Q3 2023 with revenue of $76.693 billion, up 11% year over year. The growth was driven by Search, YouTube, and Cloud. Net income reached $19.689 billion, and diluted EPS was $1.55.
Alphabet Inc. announced strong financial results for Q2 2023, driven by exciting momentum across its products and the company. The company's continued leadership in AI and excellence in engineering and innovation are driving the next evolution of Search and improving all its services.
Alphabet Inc. reported Q1 2023 consolidated revenues of $69.8 billion, a 3% increase year over year (or 6% in constant currency). The results included $2.6 billion in charges related to workforce and office space reductions and a $988 million reduction in depreciation expense.
Alphabet Inc. reported Q4 2022 consolidated revenues of $76.048 billion, a 1% increase year-over-year, and net income of $13.624 billion. The company is focusing on re-engineering its cost structure and investing in AI to drive future growth.
Alphabet Inc. reported Q3 2022 revenues of $69.092 billion, a 6% increase year-over-year, or 11% on a constant currency basis. The results reflect healthy growth in Search and momentum in Cloud, but were affected by foreign exchange.
Alphabet Inc. announced its Q2 2022 financial results, with revenues reaching $69.7 billion, a 13% increase compared to the previous year. The performance was driven by Search and Cloud, with investments in AI and computing playing a key role. The company is focused on responsible capital allocation to support long-term growth opportunities.
Alphabet Inc. reported a 23% year-over-year revenue increase in Q1 2022, driven by strong growth in Search and Cloud. The company continues to invest in Capex, R&D, and talent to support long-term value creation.
Alphabet Inc. reported Q4 2021 revenues of $75.325 billion, a 32% increase year-over-year, driven by strong advertiser spend, consumer online activity, and Google Cloud growth. Diluted EPS was $30.69. The Board of Directors approved a 20-for-one stock split.
Alphabet Inc. reported strong Q3 2021 results, with revenues of $65.1 billion, reflecting a 41% increase year-over-year. The company's investments in AI and cloud services are driving growth, with ongoing improvements to Search and the new Pixel 6 as key examples. Google Cloud is also helping organizations collaborate and stay secure amid the digital transformation and shift to hybrid work.