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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
Revenue by Segment
Google Services Revenue
CapyFin.comGoogle Cloud Revenue
CapyFin.com 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