Alphabet Inc.

GOOGL ·Technology, Information Technology Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $105.74B $90.27B $74.99B $66.00B $55.52B $46.02B $37.89B $29.33B
Google Properties $45.09B $37.45B $31.22B $26.15B $19.44B
Google Network Members $17.59B $13.97B $13.13B $12.38B $10.37B $8.81B
Google Other $15.09B $10.08B $7.17B $6.94B $4.94B $2.35B $1.37B $1.07B
Google Advertising $79.38B $67.39B
Google Search & Other $63.70B
YouTube Ads $8.15B
Google Subscriptions, Platforms & Devices
Google Cloud
Other Bets $1.21B $809.0M $448.0M
Hedging Gains (Losses)
Cost of Revenue $45.58B $35.14B $28.16B $25.69B $21.99B
Gross Profit $60.15B $55.13B $46.83B $40.31B $33.53B
Gross Margin 56.9% 61.1% 62.4% 61.1% 60.4%
Operating Expenses
Research & Development $16.63B $13.95B $12.28B $9.83B $7.14B
SG&A Expense $6.84B $6.99B $6.14B $5.85B $4.43B
Operating Income $26.18B $23.72B $19.36B $16.50B $15.40B
Operating Margin 24.8% 26.3% 25.8% 25.0% 27.7%
Interest Expense $109.0M $124.0M $104.0M $101.0M $81.0M
Pretax Income $27.19B $24.15B $19.65B $17.26B $15.90B
Income Tax Expense $14.53B $4.67B $3.30B $3.64B $2.74B
Net Income $12.66B $19.48B $16.35B $14.14B $12.73B
Net Margin 12.0% 21.6% 21.8% 21.4% 22.9%
EPS (Basic) $0.91 $1.42 $1.05 $0.96
EPS (Diluted) $0.90 $1.39 $1.03 $0.94
Shares Outstanding (Basic) 13.90B 13.83B 13.75B 13.60B
Shares Outstanding (Diluted) 13.90B 13.83B 13.75B 13.60B
Dividends Per Share
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Benjamin Graham

Abnormally good or abnormally bad conditions do not last forever.