GOOGL
Alphabet Inc
Q4 2024 Report
Alphabet Inc (GOOGL) Q4 2024 Financial Results - Strong Growth Driven by AI and Cloud Innovations...
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Executive Summary
In Q1 2024, Alphabet Inc achieved an impressive revenue of $80.5 billion, representing a growth of 15% year-over-year. This growth was significantly powered by advancements in Search, YouTube, and Google Cloud as the company leans into AI innovations. The operating income surged by 46%, reflecting a streamlined cost structure and increased operational efficiency. With a strong profit margin of 32%, management remains optimistic about sustaining growth momentum as they bring AI features to their core products. The company's proactive investment in infrastructure and product development positions it well for future growth. Alphabet also declared a quarterly dividend of $0.20 per share, underscoring its commitment to returning capital to shareholders while continuing its aggressive growth strategy in AI and Cloud services.
Key Performance Indicators
Revenue
80.47B
QoQ: -6.77% | YoY:15.30%
Gross Profit
47.06B
58.49% margin
QoQ: -3.43% | YoY:20.14%
Operating Income
25.47B
QoQ: 7.49% | YoY:46.26%
Net Income
23.66B
QoQ: 14.38% | YoY:57.21%
EPS
1.91
QoQ: 15.06% | YoY:61.86%
Revenue Trend
Margin Analysis
Key Insights
**Revenue Performance**: $80.5 billion (+15.3% YoY, -6.8% QoQ) **Operating Income**: $25.5 billion (+46.3% YoY) **Net Income**: $23.7 billion (+57.2% YoY, +14.4% QoQ) **EPS**: $1.89 (+61.9% YoY) **Cost Structure**: Total cost increased by 10%, primarily driven by content acquisition related to YouTube. The operational efficiency improvements contributed to a 400 basis point expansion in operating margins compared to the previous year, reflecting strategic cost reengineering. **Balanc...