Alphabet Inc
ABEC.DE
€262.35 -2.45%
Exchange: XETRA | Sector: Communication Services | Industry: Internet Content Information
Q3 2024
Published: Oct 30, 2024

Earnings Highlights

  • Revenue of $88.27B up 15.1% year-over-year
  • EPS of $2.12 increased by 36.3% from previous year
  • Gross margin of 58.7%
  • Net income of 26.30B
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ABEC.DE
Company ABEC.DE

Executive Summary

Alphabet's QQ3 2024 results showcase sustained top-line momentum and robust profitability. Revenue reached $88.27B, up 15.1% year over year and 4.16% quarter over quarter, driven by continued strength in the Google Services ecosystem and resilient ad demand. Gross profit rose to $51.79B with a margin of 58.7%, while operating income of $28.52B produced an operating margin of 32.3%, contributing to a net income of $26.30B and an EPS of $2.14. Free cash flow was strong at $17.64B, supported by $30.70B of operating cash flow and disciplined capital expenditure of $13.06B, yielding a free cash flow conversion thatEnhanced Alphabet’s balance sheet and liquidity position.

Key Performance Indicators

Revenue
Increasing
88.27B
QoQ: 4.16% | YoY: 15.09%
Gross Profit
Increasing
51.79B
58.68% margin
QoQ: 5.20% | YoY: 19.17%
Operating Income
Increasing
28.52B
QoQ: 4.00% | YoY: 33.63%
Net Income
Increasing
26.30B
QoQ: 11.36% | YoY: 33.58%
EPS
Increasing
2.14
QoQ: 12.04% | YoY: 36.31%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 102,346.00 2.87 +16.0% View
Q2 2025 96,428.00 2.31 +13.8% View
Q1 2025 90,234.00 2.81 +12.0% View
Q4 2024 96,469.00 2.15 +11.8% View
Q3 2024 88,268.00 2.12 +15.1% View