Loading...
•
Sep 30, 2021
Alphabet Q3 2021 Earnings Report
Announced strong financial performance with significant revenue growth, driven by investments in AI and cloud services.
Key Takeaways
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.
Revenues increased by 41% year-over-year to $65.1 billion.
Operating income reached $21.031 billion, with an operating margin of 32%.
Net income was $18.936 billion, resulting in diluted EPS of $27.99.
The company repurchased 4.6 million shares for $12.6 billion during the quarter.
Alphabet
Alphabet
Alphabet Revenue by Segment
Revenue by Segment
Google Services Revenue
CapyFin.comGoogle Cloud Revenue
CapyFin.com 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