•
Sep 30, 2023
Alphabet Q3 2023 Earnings Report
Alphabet's Q3 2023 financial results were announced, demonstrating growth in revenue and operating income.
Key Takeaways
Alphabet Inc. reported a strong Q3 2023 with revenue of $76.693 billion, up 11% year over year. The growth was driven by Search, YouTube, and Cloud. Net income reached $19.689 billion, and diluted EPS was $1.55.
Revenue reached $76.693 billion, an 11% increase year over year.
Operating income grew to $21.343 billion, with an operating margin of 28%.
Net income increased to $19.689 billion, resulting in a diluted EPS of $1.55.
Growth was driven by Search, YouTube, and Cloud.
Alphabet
Alphabet
Alphabet Revenue by Segment
Alphabet Revenue by Geographic Location
Forward Guidance
The press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted.
Challenges Ahead
- Actual results may differ materially from the results predicted.
- Reported results should not be considered as an indication of future performance.
- Risks and uncertainties included under the captions “Risk Factors” in our Annual Report on Form 10-K.
- Risks and uncertainties included under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K.
- Additional information will also be set forth in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income