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

The U.S. Department of Justice is considering a court order to force Alphabet, Google's parent company, to divest parts of its business, such as Chrome and Android, to dismantle alleged illegal monopolies in these sectors. A U.S. judge had previously ruled that Google holds an unlawful monopoly in internet search, paving the way for antitrust penalties.

Justice Department Considers Breaking Up Google's Illegal Monopolies (GOOGL)

As of 7:20 a.m. ET, S&P 500 futures are indicating a slightly negative open.

Stock Market News Today: S&P 500 Down Slightly Pre-Market

24/7 Wall St. Insights The U.S. Department of Justice is pushing for a breakup of Alphabet Inc.

Will Google Break Up With Android?

JD.com

U.S. stock index futures faced declines as expectations for a Federal Reserve rate cut in November weakened. The yield on the 10-year U.S. Treasury hovered around the critical 4% level, while the U.S. dollar index rose by 0.2% to 102.67.

JD and NIO Shares Drop as U.S. DOJ Weighs Google Split Amidst Antitrust Concerns

The Justice Department submitted a filing Tuesday which outlined a range of options from conduct restrictions to a breakup of Google's business.

Google Faces a Breakup Threat in DOJ Blow. What Comes Next for Alphabet.

Can You Turn Off Google and Meta's AI Tools? Sometimes, and Here's How

A California judge on Monday ruled Google must open up Android to rival third-party app stores. The outcome notably differs from a similar suit filed against Apple that was decided in 2021.

Judge's ruling against Google in Epic Games case highlights a shift in antitrust law

US officials have confirmed they are considering breaking up Google's "illegal monopoly" of internet searches.

US officials threaten to break up Google

Google faces significant challenges, yet its diverse ecosystem and substantial R&D investments make it a resilient company with developing business opportunities. Despite losing some market share, Google Search remains dominant, with growing search volumes and a strong moat. YouTube's vast content library, ad subscription potential, along with Google Cloud's growth, underscore Google's robust business segments.

Google: Search, Cloud, YouTube And Gemini Continue As Long-Term Growth Drivers

The U.S. Justice Department is considering asking a federal judge to force Google to sell off parts of its business, potentially leading to the first major corporate breakup in four decades and reshaping one of the world's most valuable tech companies.

US government considers historic break-up of Google in antitrust case

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal monopoly.

US weighs Google breakup in landmark trial

Department of Justice examining ‘structural remedies' to challenge tech corporation's internet search monopoly

Google facing US government attempt to break up its business, court filing shows

The US Department of Justice appears to be mulling a potential break-up of Google after it was ruled to be a "monopolist" by a federal judge earlier this year.   Following judge Amit Mehta's competition decision, DoJ lawyers said in a filing that they are considering "behavioral and structural remedies" for the business owned by Alphabet Inc (NASDAQ:GOOG).

Google break-up suggested among DoJ remedies following monopolist ruling

The US Justice Department is weighing unprecedented action against Google as it contemplates a potential breakup of the tech giant to address concerns over its dominance in the online search market.

US mulls Google breakup in landmark antitrust case over search monopoly

Antitrust enforcers have been searching for tough remedies to counteract alleged monopoly abuses.

U.S. Weighs a Breakup of Google

Google's breakup is among the remedies the U.S. Justice Department is considering recommending as a penalty for its monopolistic practices.

Google's breakup is on the table as Justice Department lays out antitrust remedies

They include making Google's data available to rivals and forcing it to break off parts of the company, the Justice Department said in a court filing.

U.S. Outlines Google Search Changes It's Weighing in Antitrust Case

Prosecutors proposed remedies after Google antitrust violation ruling by a federal judge. Judge Amit Mehta previously ruled Google violated antitrust laws by securing default search deals.

The DOJ is considering asking judge to break up Google

The U.S. Department of Justice made recommendations for Google's search engine business practices, indicating that it was considering a possible breakup of the tech giant as an antitrust remedy. The recommendations come after a judge found Google guilty of a holding a monopoly in general search.

DOJ indicates it's considering Google breakup following monopoly ruling

The Justice Department told a federal judge that it may recommend a breakup of Google parent Alphabet as part of an antitrust remedy.

DOJ Mulls Google Breakup As Antitrust Remedy

The U.S. Department of Justice said on Tuesday it was considering asking a judge to force Alphabet's Google to end exclusive agreements that the court earlier ruled helped give the Big Tech firm a monopoly in online search.

U.S. outlines potential remedies in Google search case

In the most recent trading session, Alphabet (GOOGL) closed at $164.38, indicating a +0.86% shift from the previous trading day.

Alphabet (GOOGL) Increases Yet Falls Behind Market: What Investors Need to Know

A U.S. federal judge in California has ruled that Google must revamp its mobile application business, mandating the opening of its Android operating system to competing app stores. This decision is aimed at providing users with more options for downloading apps and making payments.

Google (GOOGL) Faces Major Overhaul Due to Antitrust Ruling

A US judge has ordered Google to make significant changes to its mobile app business, following a legal battle with Epic Games. The ruling requires Google to allow third-party app stores and in-app payment methods on Android devices, starting in November.

Epic Games wins antitrust battle: US judge orders Google to open Android app market to competitors

Leading into Q3 earnings, expect continued strength in Google Search, Google Cloud, and advertising. It's important to monitor how the ROI of Google's AI capex is developing. Microsoft is showing a clearer AI ROI horizon; this is one of the core elements that validate Google's lower valuation ratios. Lower volatility risk comes at a cost. I have a $190+ 12-month price target for Google stock, indicating a 17% upside from the current price of $165.90.

News for Alphabet Stock (GOOGL)