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Alphabet

🇺🇸 NASDAQ:GOOG

View Company

Overview Earnings Dividends

Jul 25, 2023

•

Jun 30, 2023

Alphabet Q2 2023 Earnings Report

Alphabet's Q2 2023 financial results reflected resilience in Search and momentum in Cloud.

Key Takeaways

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's Q2 2023 revenues increased to $74.604 billion.

Operating income for Q2 2023 was $21.838 billion.

Net income for Q2 2023 reached $18.368 billion.

Diluted EPS for Q2 2023 was $1.44.

Total Revenue

$74.6B

Previous year: $69.7B

+7.1%

EPS

$1.44

Previous year: $1.21

+19.0%

Traffic acquisition cost

$12.5B

Previous year: $12.2B

+2.6%

Gross Profit

$42.7B

Previous year: $39.6B

+7.8%

Cash and Equivalents

$25.9B

Previous year: $17.9B

+44.6%

Free Cash Flow

$21.8B

Previous year: $12.6B

+72.9%

Total Assets

$383B

Previous year: $355B

+7.8%

Alphabet

Alphabet Revenue by Segment

Revenue by Segment

Google Services Revenue

CapyFin.com

Google Cloud Revenue

CapyFin.com

Forward Guidance

Company will continue investing for growth, while prioritizing efforts to durably reengineer our cost base company-wide and create capacity to deliver sustainable value for the long term.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Alphabet