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

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.

Google: Best Value In Big Tech Ahead Of Q3, But Lagging In AI

Alphabet is vertically integrating its AI efforts, giving it a long-term advantage in the industry.

OpenAI Exodus: 1 Stock Set to Benefit

The U.S. Department of Justice is expected to outline on Tuesday what kind of actions Alphabet's Google could be ordered to take to restore competition in online search, potentially including a breakup of the Big Tech company.

US to propose how Google should boost online search competition

The U.S. Department of Justice is expected on Tuesday to tell a judge what actions Alphabet's Google should take after he ruled in August that it illegally monopolized online search in the United States, the latest step in a long legal process.

What comes next in Google's antitrust case over search?

A judge has ordered Google to open up Android to rival third-party app stores. The ruling is part of Epic Games' blockbuster antitrust case against Google.

Google must allow third-party app stores on Android, Epic Games judge rules

A federal judge on Monday ordered Google to tear down the digital walls shielding its Android app store from competition as punishment for maintaining an illegal monopoly that helped expand the company's internet empire.

Federal judge orders Google to open its Android app store to competition

As artificial intelligence (AI) continues to surge globally, tech giants are investing in expanding data centers to support large language models, leading to a dramatic increase in electricity consumption. The challenge of producing more clean energy to meet this growing demand has become a significant hurdle for AI's future development.

Google Considers Nuclear Energy to Power AI Data Centers

Amazon

Microsoft

NVIDIA

The Q3 2024 earnings season will be filled with nuggets on AI's impact on corporate strategies and its potential to deliver real-world outcomes. Key themes include AI capex and ROI, with companies ramping up investments and investors scrutinizing returns. AI monetization strategies are under the spotlight, with firms needing to justify their spending through tangible results.

Q3 Earnings Preview: AI's Big Test - Profits Or Promises?

Vodafone Group

Global telecommunications giant Vodafone Group PLC (LSE:VOD) and Google have announced a billion-dollar-plus, 10-year strategic partnership to provide artificial intelligence products and services across Europe and Africa. Vodafone intends to offer Google's AI-powered Pixel devices over its 5G network in Europe, with plans to introduce Google One AI Premium subscription plans, which include advanced AI services, in select territories by 2025.

Vodafone and Google sign billion-dollar AI partnership

Google is collaborating with utilities in the US and other countries to explore nuclear power as a potential energy source for its data centres, reflecting a growing interest in atomic energy to support the AI boom, according to Bloomberg. The report says Amanda Peterson Corio, the search giant's global head of data centre energy, stated that the company is working with generators to assess integrating nuclear power into the grid, particularly in regulated markets.

Google reportedly eyeing nuclear solution for data centres

Almost $50 billion was wiped from the value of Alphabet Inc (NASDAQ:GOOG) after a federal judge ordered the Google parent company to open its Android operating system to competition, allowing rivals to create their own app marketplaces and payment systems. This ruling follows a successful lawsuit by Epic Games, the maker of Fortnite, which accused Google of stifling competition and charging excessive fees in its Play Store.

Google parent takes $50bn hit after Google US court ruling

An independent body, supported by Meta Platforms' Oversight Board, has a certification from the media regulator in Ireland to resolve appeals against policy violation decisions of social media companies in the European Union.

New body to handle disputes between EU users and Facebook, TikTok, YouTube

The partnership aims to extend the use of devices powered by generative AI, through Google's Gemini models, to Vodafone's customers in Europe and Africa.

Vodafone, Google Expand Partnership With Billion-Plus Dollar Deal

Britain's Vodafone said on Tuesday it has deepened its strategic partnership with Google in a ten-year, billion dollar plus deal that would bring the U.S. tech giant's new generative AI-powered devices to customers across Europe and Africa.

Vodafone, Google deepen AI ties across Europe, Africa

A U.S. federal judge has ordered Google to dismantle its digital barriers protecting the Google Android app store to enhance competition. The ruling requires Google to make significant changes, such as prohibiting payments to other companies to deter them from developing their own app stores or obtaining exclusivity for Google's app store.

Alphabet (GOOGL) Faces Mandatory Changes to Android App Store Practices

Judge Donato orders Google to open its Play Store and android itself to third-party stores as part of his final ruling in Epic v Google.

Judge orders Google to open Android to other stores in Epic lawsuit ruling

Chipotle

Hilton Worldwide Holdings

The well-known activist investor isn't afraid to bet big on his favorite ideas.

Billionaire Bill Ackman Has 53% of His Hedge Fund's $10.6 Billion Portfolio Invested in Just 3 Stocks

A U.S. judge has ruled against Google (GOOG, GOOGL) in a lawsuit filed by Epic Games, declaring that Google's Android app store practices constitute illegal monopolization. Google is mandated to open its Google Play Store to rival app stores within three years after the ruling takes effect.

Google (GOOG) Ordered to Open Android Store Amidst Antitrust Ruling

A federal judge ruled Monday (Oct. 7) that Google must make several changes to policies that discourage competition with its Google Play Store. For a three-year period beginning Nov.

Judge Rules Google Play Store Must Change Policies in US

Google, with a market cap of almost $2 trillion, is a tech giant demonstrating strong market staying power. The company excels in entering new markets, such as training Apple Intelligence, showcasing its adaptability. Google's ability to generate robust shareholder returns is evident throughout its operations.

Google Has Continued Growth Potential

Super Micro Computer

Today's trading session exhibited a negative bias throughout the day. Major indices faced slight declines initially, which intensified in the afternoon.

Market Today: Super Micro's AI Surge and Google's Legal Battle

A U.S. federal judge has ruled against Alphabet Inc.'s Google, mandating changes to its mobile app market operations. The decision requires Google to allow Android users to access and download apps from competing app stores and use alternative in-app payment methods.

Google (GOOGL) Faces Court Mandate to Alter App Store Practices

The internet giant was ordered by a federal judge to make a series of changes to address its anticompetitive conduct.

Google Must Open Android to Other App Stores, Judge Says

Epic Games persuaded a jury in December that Google unlawfully stifled competition through its controls over app distribution and payments.

Google must open up lucrative app store to rivals after historic ‘Fortnite' verdict, judge rules

A federal judge has ordered Google to open up its app store to rivals and give Android users more choice when it comes to downloading apps.

News for Alphabet Stock (GOOGL)