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Mar 31, 2022

Alphabet Q1 2022 Earnings Report

Alphabet's Q1 2022 earnings reflected strong growth in Search and Cloud, with continued investments in products, services, and long-term value creation.

Key Takeaways

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.

Q1 2022 saw strong growth in Search and Cloud.

Alphabet's Q1 revenue growth was 23% year-over-year.

The company is investing in products and services.

Board authorized repurchase up to an additional $70.0 billion of its Class A and Class C shares.

Total Revenue
$68B
Previous year: $55.3B
+23.0%
EPS
$1.23
Previous year: $1.31
-6.1%
Traffic Acquisition Cost
$12B
Previous year: $9.71B
+23.5%
Gross Profit
$38.4B
Previous year: $31.2B
+23.1%
Cash and Equivalents
$20.9B
Previous year: $26.6B
-21.5%
Free Cash Flow
$15.3B
Previous year: $13.3B
+14.8%
Total Assets
$357B
Previous year: $327B
+9.2%

Alphabet

Alphabet

Alphabet Revenue by Segment

Alphabet Revenue by Geographic Location

Forward Guidance

The company will keep investing in great products and services, and creating opportunities for partners and local communities around the world.

Revenue & Expenses

Visualization of income flow from segment revenue to net income