Alphabet Inc. (GOOGL)

Alphabet Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	339,859	307,394	282,836	257,637	182,527	161,857
Revenue Growth (YoY)	14.38%	8.68%	9.78%	41.15%	12.77%	18.30%
Cost of Revenue	142,308	132,372	126,203	110,939	84,732	71,896
Gross Profit	197,551	175,022	156,633	146,698	97,795	89,961
Selling, General & Admin	41,898	43,087	42,291	36,422	28,998	28,015
Research & Development	46,605	43,709	39,500	31,562	27,573	26,018
Operating Expenses	88,503	86,796	81,791	67,984	56,571	54,033
Operating Income	109,048	88,226	74,842	78,714	41,224	35,928
Interest Expense	-284	-308	-357	-346	-135	-100
Interest & Investment Income	4,504	3,865	2,174	1,499	1,865	2,427
Earnings From Equity Investments	-357	-628	-337	334	401	-
Currency Exchange Gain (Loss)	-837	-1,238	-654	-240	-344	103
Other Non Operating Income (Expenses)	634	556	1,179	-1,497	-1,246	-224
EBT Excluding Unusual Items	112,708	90,473	76,847	78,464	41,765	38,134
Merger & Restructuring Charges	-3,933	-3,933	-	-	-	-
Gain (Loss) on Sale of Investments	3,209	-823	-5,519	12,270	6,317	3,188
Legal Settlements	-	-	-	-	-	-1,697
Pretax Income	111,984	85,717	71,328	90,734	48,082	39,625
Income Tax Expense	17,715	11,922	11,356	14,701	7,813	5,282
Earnings From Continuing Operations	94,269	73,795	59,972	76,033	40,269	34,343
Net Income	94,269	73,795	59,972	76,033	40,269	34,343
Net Income to Common	94,269	73,795	59,972	76,033	40,269	34,343
Net Income Growth	41.27%	23.05%	-21.12%	88.81%	17.26%	11.74%
Shares Outstanding (Basic)	12,384	12,630	13,063	13,353	13,616	13,852
Shares Outstanding (Diluted)	12,511	12,722	13,159	13,553	13,741	13,971
Shares Change (YoY)	-2.32%	-3.32%	-2.91%	-1.37%	-1.65%	-0.67%
EPS (Basic)	7.61	5.84	4.59	5.69	2.96	2.48
EPS (Diluted)	7.53	5.80	4.56	5.61	2.93	2.46
EPS Growth	44.62%	27.28%	-18.76%	91.43%	19.22%	12.49%
Free Cash Flow	55,823	69,495	60,010	67,012	42,843	30,972
Free Cash Flow Per Share	4.46	5.46	4.56	4.94	3.12	2.22
Gross Margin	58.13%	56.94%	55.38%	56.94%	53.58%	55.58%
Operating Margin	32.09%	28.70%	26.46%	30.55%	22.59%	22.20%
Profit Margin	27.74%	24.01%	21.20%	29.51%	22.06%	21.22%
Free Cash Flow Margin	16.43%	22.61%	21.22%	26.01%	23.47%	19.14%
EBITDA	123,470	100,172	88,317	88,987	54,903	47,579
EBITDA Margin	36.33%	32.59%	31.23%	34.54%	30.08%	29.40%
D&A For EBITDA	14,422	11,946	13,475	10,273	13,679	11,651
EBIT	109,048	88,226	74,842	78,714	41,224	35,928
EBIT Margin	32.09%	28.70%	26.46%	30.55%	22.59%	22.20%
Effective Tax Rate	15.82%	13.91%	15.92%	16.20%	16.25%	13.33%
Advertising Expenses	-	8,700	9,200	7,900	5,400	6,800

Source: S&P Capital IQ. Standard template. Financial Sources.