Revenue segments as reported by the company.

Google Search & Other

YouTube Ads

Google Network Members' Properties

Google Cloud

Google Other

Other Bets

Hedging

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales & Marketing

General & Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Operating Cash Flow

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Alphabet

DeepMind Technologies Limited is a British artificial intelligence company founded in September 2010.  Acquired by Google in 2014, the company has created a neural network that learns how to play video games in a fashion similar to that of humans, as well as a Neural Turing machine, or a neural network that may be able to access an external memory like a conventional Turing machine, resulting in a computer that mimics the short-term memory of the human brain.

DeepMind

YouTube is an American video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—in February 2005. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google's subsidiaries.

YouTube

Android is a mobile operating system developed by Google, based on a modified version of the Linux kernel and other open source software and designed primarily for touchscreen mobile devices such as smartphones and tablets. In addition, Google has further developed Android TV for televisions, Android Auto for cars, and Wear OS for wrist watches, each with a specialized user interface. Variants of Android are also used on game consoles, digital cameras, PCs and other electronics.

Android

Nest Labs is a home automation producer of programmable, self-learning, sensor-driven, Wi-Fi-enabled thermostats, smoke detectors, security cameras, and other security systems. It introduced the Nest Learning Thermostat in 2011 as its first product. The Nest Protect smoke and carbon monoxide detector was then introduced in October 2013. After the acquisition of Dropcam, the rebranded Nest Cam was introduced in June 2015. Finally, in July 2016, the Nest Cam Outdoor was released.

Nest Labs

Boston Dynamics is an American engineering and robotics design company founded in 1992 and headquartered in Waltham, Massachusetts, and is a wholly owned subsidiary of the Japanese conglomerate SoftBank Group. Boston Dynamics is best known for the development of BigDog, a quadruped robot designed for the U.S. military with funding from Defense Advanced Research Projects Agency (DARPA), and DI-Guy, software for realistic human simulation. Early in the company's history, it worked with the American Systems Corporation under a contract from the Naval Air Warfare Center Training Systems Division (NAWCTSD) to replace naval training videos for aircraft launch operations with interactive 3D computer simulations featuring DI-Guy characters. The company is a pioneer in the field of robotics and it is one of the most advanced in its domain. Marc Raibert is the company's president and project manager. He spun the company off from the Massachusetts Institute of Technology in 1992.

Boston Dynamics

Alphabet, Inc. is a holding company, which engages in software, health care, transportation, and other technologies. It operates through the following segments: Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment refers to infrastructure and platform services, collaboration tools, and other services for enterprise customers. The Other Bets segment relates to the sale of healthcare-related services and internet services. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alphabet (GOOGL) reports robust Q2 earnings, Cloud hits $10B revenue

Alphabet's Q2 performance reflects strong financials, particularly in Google Services and Cloud, while facing challenges in the Other Bets segment.
The company's strengths lie in AI-driven innovations across Search, Cloud, and autonomous driving, with opportunities in marketing and user experience enhancements.
Efforts to reengineer costs and address analyst inquiries on AI adoption and revenue mix present ongoing challenges and opportunities for Alphabet.
Overall, Alphabet's Q2 earnings call showcases a mix of solid performance, strategic strengths, challenges to address, and promising growth avenues.

Alphabet (GOOGL) excels in Q3 with AI-driven growth and cloud success

Alphabet's Q3 earnings call highlighted impressive revenue growth, particularly in Google Cloud and YouTube, driven by AI innovation. Executives emphasized the company's strong focus on AI, cloud services, and autonomous driving, while acknowledging challenges in cloud margins and user experience. With a solid financial performance and strategic initiatives in place, Alphabet is poised for continued success and growth in the tech sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alphabet (NASDAQ: GOOGL) experienced an extended session surge in the night between October 29 and October 30 as it unveiled a particularly strong third-quarter (Q3) earnings report.

Analysts revise Google stock price target

Google has shown strong Q3 2024 earnings results, announcing earnings per share of $2.12, an increase of 37% compared to the same quarter of the previous year. Alphabet's Total Return of 19.67% over the past 12-months has been significantly below that of Microsoft (29.61%), Apple (33.40%), Amazon (47.18%), and Meta (80.08%). Given its presently attractive Valuation (P/E [FWD] Ratio of 21.79), financial health and competitive edge, I maintain a strong buy rating for GOOGL.

Google's Strong Q3 Earnings: What It Means For Your Portfolio Strategy

Best Buy

After a blowout Q3, Wall Street's current earnings estimates for Google are likely too low and will be revised higher, driven by the company's success in cloud computing. Google's earnings quality and growth are superior to peers, making its lower valuation compared to Apple and other tech giants increasingly unjustified. This presents a buying opportunity. GOOGL deserves to be a more popular stock than it is.

Google Gets No Respect From Wall Street: Still The Best Buy In Tech

Reddit Inc

Snap

Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday season.

Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demand

Investors on Wall Street seem upbeat as the index futures point to a positive start on Wednesday despite ending the previous session on a mixed note.

US Stocks Likely To Open Higher As Investors Eye GDP Print, Strong Alphabet Results To Kick Off 'Mag 7' Earnings Week: Strategist Flags November As 'Best Month Of The Year' For Markets

A look at the day ahead in U.S. and global markets from Mike Dolan

AMERICAS Alphabet beats and Treasuries rally

Robust earnings growth and signals on cost control could lift some of the fog of regulatory worry.

Google Looks More to What It Can Control

Google's Q3 earnings exceeded expectations, driven by strong Search and Cloud top line growth, with Cloud revenues surging 35% year-over-year. GOOG's low valuation and high operating income potential in Cloud especially translate to strong investment value. GOOGL's free cash flow margins expanded Q/Q to 20%, highlighting the strength of its Cloud operations as well as Search.

Google: It Can't Get Any Better Than This

Advanced Micro Devices

NVIDIA

Google's parent company said it expects its capital spending to increase substantially in 2025. That's good news for chip makers.

Nvidia Stock Slips. Why Alphabet, AMD Earnings Are Giving Mixed Signals.

Bill Ackman sold Alphabet shares in the second quarter despite most analysts being bullish on the stock.

Does Bill Ackman Know Something Wall Street Doesn't? The Billionaire Sells 2.2 Million Shares of a Popular Artificial Intelligence (AI) Stock

Amazon

Microsoft

Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com , and signal that market for AI-aided computing power is only growing.

Google's AI-fuelled gains in cloud bode well for Amazon, Microsoft

One of Wall Street's most influential businesses checks all the right boxes.

Only 10 Companies Have Reached a Trillion-Dollar Market Cap -- This Is the 1 That's a Screaming Buy Right Now

Google showed why it still is one of the best companies to own in one's portfolio.

Here's the Most Important Number in Google's Earnings Report

Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were "paying off" as its earnings and revenue came in ahead of analyst's expectations.

Alphabet shares in Frankfurt rise 1.8% after results

Not only did Google Cloud grow at a faster pace at a larger scale, they did so at much higher profitability than ever before. You can argue we are still in the early days, but Google Search's operating performance has so far been much better than most bears would have predicted by mid-2023. In the last 12 months, YouTube's combined ad and subscription revenue has surpassed $50 billion for the first time.

Alphabet Q3 2024 Earnings Update

After Google parent Alphabet (GOOGL) reported third-quarter earnings that topped analysts' expectations, CEO Sundar Pichai and other executives told investors the tech giant is seeing strong gains from demand for artificial intelligence (AI), sending shares up over 5% in extended trading Tuesday.

Google CEO Says AI Investments Are 'Paying Off'

Alphabet Inc. (NASDAQ:GOOG ) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Jim Friedland - Senior Director, Investor Relations Sundar Pichai - Chief Executive Officer Philipp Schindler - Senior Vice President & Chief Business Officer Anat Ashkenazi - Chief Financial Officer Conference Call Participants Brian Nowak - Morgan Stanley Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Justin Post - BAML Michael Nathanson - MoffettNathanson Mark Mahaney - Evercore Ken Gawrelski - Wells Fargo Stephen Ju - UBS Operator Welcome, everyone. Thank you for standing by for the Alphabet Third Quarter 2024 Earnings Conference Call.

Alphabet Inc. (GOOG) Q3 2024 Earnings Call Transcript

Alphabet held its quarterly earnings call today (Oct. 29) and like the past few such events the content was more about AI than it was about earnings. But then again, that's exactly what the company is aiming for.

Alphabet's Pichai: AI Drives User Engagement and Growth; Monetization to Follow

In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI. Ashkenazi, who joined Alphabet in July, said earnings were boosted by "headcount management, facilities management, other process efficiencies.

Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

Chipotle

Visa

Meanwhile, Chipotle and AMD beat on earnings but are sliding in late trading on weaker guidance.

Alphabet, Visa, Reddit Up on Strong Earnings Numbers

Although the revenue and EPS for Alphabet (GOOGL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Alphabet (GOOGL) Q3 Earnings: A Look at Key Metrics

Alphabet Inc. aka Google reported a strong Q3 double beat, with compelling business growth and margin expansion, trading at an undemanding valuation. Alphabet's mid-teens revenue growth rate is highly attractive, especially compared to peers like Apple, showcasing its strong business model and competitive moat. Google Cloud's revenue grew by 35%, with profits jumping sevenfold, significantly boosting Alphabet's overall operating profits and margins.

Google: Excellent Q3 Results, Strong Buy

Alphabet Inc. aka Google reported Q3 2024 earnings that surpassed estimates with $88.3B in revenue (+15% y/y) and $2.12 EPS (+37% y/y), driven by strong Search, YouTube, and Cloud performance. Operating margin rose to 32%, enhancing Alphabet's profitability. However, in light of recent stock gains, GOOGL is now rated “Neutral/Hold” at $177 per share. My five-year model assumes a 10% CAGR revenue growth and a 25% FCF margin, with a 10% discount rate, valuing Alphabet at $137.71 per share.

Google Stock Is Off To The Races, But It's Time To Hold The Horses

Alphabet (GOOGL) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.55 per share a year ago.

Alphabet (GOOGL) Beats Q3 Earnings and Revenue Estimates

Alphabet Inc. aka Google reported exceptional Q3 earnings, beating expectations with $88.27 billion in revenue and $2.12 GAAP EPS, and driving an after-market stock rally. Google's dominance in digital advertising and growth in search, video, and cloud segments indicate that its growth story is far from over. Despite regulatory challenges, Google's business model remains strong, and the stock is undervalued, making it a solid BUY.

News for Alphabet Stock (GOOGL)