Alphabet Q3 2021 Earnings Report
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
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