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Jun 30, 2022

Alphabet Q2 2022 Earnings Report

Alphabet's Q2 2022 performance was driven by Search and Cloud, with revenues up 13% year-over-year.

Key Takeaways

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.

Revenues reached $69.7 billion, up 13% year-over-year, or 16% on a constant currency basis.

Performance was driven by Search and Cloud.

Investments in AI and computing are helping to make services valuable for consumers and effective for businesses.

Focus on responsible capital allocation in support of growth opportunities.

Total Revenue
$69.7B
Previous year: $61.9B
+12.6%
EPS
$1.21
Previous year: $1.36
-11.0%
Traffic Acquisition Cost
$12.2B
Previous year: $10.9B
+11.8%
Gross Profit
$39.6B
Previous year: $35.7B
+11.0%
Cash and Equivalents
$17.9B
Previous year: $23.6B
-24.1%
Free Cash Flow
$12.6B
Previous year: $16.4B
-23.2%
Total Assets
$355B
Previous year: $335B
+5.9%

Alphabet

Alphabet

Alphabet Revenue by Segment

Alphabet Revenue by Geographic Location

Forward Guidance

This press release may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income