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Dec 31, 2023
Alphabet Q4 2023 Earnings Report
Alphabet's Q4 2023 financial results were announced, showcasing strong revenue growth and profitability.
Key Takeaways
Alphabet Inc. reported strong Q4 2023 results with consolidated revenues of $86.31 billion, a 13% increase year-over-year. The company's performance was driven by ongoing strength in Search and growing contributions from YouTube and Cloud.
Q4 consolidated revenues reached $86.31 billion, up 13% year-over-year.
Operating income increased to $23.697 billion, with an operating margin of 27%.
Net income rose to $20.687 billion, resulting in diluted EPS of $1.64.
The company remains committed to re-engineering its cost base while investing in growth opportunities.
Alphabet
Alphabet
Alphabet Revenue by Segment
Revenue by Segment
Google Services Revenue
CapyFin.comGoogle Cloud Revenue
CapyFin.com Forward Guidance
The press release does not contain specific forward guidance. It emphasizes ongoing strength in Search, growing contributions from YouTube and Cloud, and commitment to re-engineering the cost base while investing in growth opportunities.
Positive Outlook
- Ongoing strength in Search
- Growing contribution from YouTube
- Growing contribution from Cloud
- Commitment to re-engineer cost base
- Investing to support growth opportunities
Revenue & Expenses
Visualization of income flow from segment revenue to net income