Alphabet Inc
GOOGL
$321.27 1.15%
Exchange: NASDAQ | Sector: Technology | Industry: Internet Content Information
Q4 2024
Published: Feb 5, 2025

Earnings Highlights

  • Revenue of $96.47B up 11.8% year-over-year
  • EPS of $2.15 increased by 30.7% from previous year
  • Gross margin of 57.9%
  • Net income of 26.54B
  • ""AI overviews are now available in more than 100 countries. They continue to drive higher satisfaction in Search usage." - Sundar Pichai" - Sundar Pichai
GOOGL
Alphabet Inc

Executive Summary

In the fourth quarter of 2024, Alphabet Inc (GOOGL) delivered robust financial performance, achieving a revenue of $96.5 billion, representing a 12% increase year-over-year. Strength in its core segments, particularly Google Services and Cloud, propelled growth. The management highlighted the company's leadership in artificial intelligence (AI) and significant progress in product innovation, which not only improved user experience but also drove revenue growth across various platforms. Notably, advertising revenue grew by 11% year-over-year driven by strong performance in search and YouTube, despite a backdrop of declining network revenue. Management's optimistic narrative about ongoing AI integration promises further growth opportunities.

Key Performance Indicators

Revenue
Increasing
96.47B
QoQ: 9.29% | YoY: 11.77%
Gross Profit
Increasing
55.86B
57.90% margin
QoQ: 7.84% | YoY: 14.61%
Operating Income
Increasing
30.97B
QoQ: 8.59% | YoY: 30.70%
Net Income
Increasing
26.54B
QoQ: 0.89% | YoY: 28.27%
EPS
Increasing
2.17
QoQ: 1.40% | YoY: 30.72%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2024 96,469.00 2.15 +11.8% View
Q3 2024 88,268.00 2.12 +15.1% View
Q2 2024 84,640.00 1.89 +13.5% View
Q1 2024 80,467.00 1.89 +15.3% View
Q4 2023 86,310.00 1.64 +13.5% View