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

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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

Microsoft

Despite the popular narrative that Microsoft's ChatGPT-driven Bing would somehow kill Google Search, GOOG generated $2 billion more free cash flow than MSFT in Q2. Google is a free cash flow machine - generating $21.8 billion in FCF in Q2, which equates to 29.2% of total revenue. That compares to a FCF margin of 18.1% in Q2 of last year. Clearly, GOOG management has gotten the message from investors to become a more efficient enterprise.

Q2 Surprise: Google Generated $2 Billion More Free Cash Flow Than Microsoft

American Airlines

American Express

Morgan Stanley

Netflix

Tesla

Markets continue to trend higher, with the Dow Jones Industrial Average now on the longest win streak in history. The Nasdaq index is up 35% on the year, with the S&P 500 up nearly 20% since Jan. The upsurge is being driven by a number of growth stocks, many of which just reported strong second-quarter earnings.

If You Can Only Buy One Growth Stock, It Better Be One of These 7 Names

Overall cloud adoption continued to decelerate, notching its slowest growth rate in two years. The AI gold rush is in full swing, but its impact hasn't shown up yet on financial statements.

Despite Slowing Growth, the Battle for Artificial Intelligence (AI) Domination Between Google and Microsoft Is Kicking Off in the Cloud

Apple

Amazon

NVIDIA

The introduction of ChatGPT by OpenAI on Nov. 30, 2022 has been compared to seminal events such as the detonation of the first atomic weapon, which ushered in the Atomic Age on July 16, 1945 in New Mexico. Whether artificial intelligence will take us to a Jetsonian utopia or the dystopian future of Mad Max is beyond the scope of this discussion.

A Look at AI's Magnificent 7

Intuitive Surgical

Johnson & Johnson

PepsiCo

We have narrowed our search to five U.S. corporate behemoths. These are: META, GOOGL, ISRG, JNJ, PEP.

Fed's July Rate Hike and Comments Match Expectations: 5 Picks

Google Cloud put up another near-30% growth rate last quarter, and CEO Sundar Pichai said lots of AI customers helped. Even better than Google Cloud's strong growth is its rapid rise to profitability.

Alphabet CEO Sundar Pichai Says AI Start-Ups Are Choosing Google Cloud -- Time to Buy the Stock?

CareCloud Inc

CareCloud, Inc.

This will democratize access to generative AI capabilities for a critical part of the healthcare sector.

Google Cloud & CareCloud Announce Landmark Collaboration To Bring Generative AI To Outpatient Healthcare Settings

Alphabet will be a leader in AI innovations. The tech titan has smaller fast-growing segments that can drive financial results over time.

1 Tech Stock You Can Buy and Hold for the Next Decade

The magnificent seven stocks have accounted for an outsized portion of Wall Street's year-to-date gains. Three members of the magnificent seven offer double-digit upside, based on the collective think tank that is Wall Street.

3 "Magnificent Seven" Stocks to Buy Now and 1 to Avoid, According to Wall Street

Alphabet's revenue growth accelerated in Q2.

Is Alphabet Stock a Buy After Q2 Earnings?

A potential class action lawsuit has been filed against Google, claiming it overcharges advertisers for the “privilege of autoplaying their advertisements into the void.” The lawsuit was filed in U.S. District Court for the Northern District in California.

Google Faces Possible Class Action Over Autoplay Ads Triggered By Bots

There's no denying the strength and momentum we've seen in AI stocks this year. In fact, the top AI stocks have played an enormous role in the stock market's robust returns so far this year.

Machine Learning Megatrends: 3 AI Stocks Set to Dominate

Automatic Data Processing

Boeing

Chubb

Texas Instruments

Union Pacific

The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.

S&P 500 Gains and Losses Today: Stocks Mixed After Fed Lifts Rates

Alphabet Inc's Waymo is focusing on its ride-hailing service, Waymo One, while pushing back its efforts to develop commercial autonomous trucking technology, the self-driving unit said on Wednesday.

Waymo to focus on ride-hailing services, pushes back autonomous trucking efforts

Google parent company Alphabet's Ruth Porat will soon have a new C-suite position, with the longtime CFO slated to take on chief investment officer in September.

Google's CFO Ruth Porat has a new job

The two tech behemoths Microsoft  MSFT  and Alphabet  GOOGL  reported Q2 earnings Tuesday after the market closed, and one stock is rallying, while the other is selling off. Although these are just the immediate reactions, I believe one stock will offer superior returns over the coming months.

Microsoft and Alphabet Earnings Review: Buy One, Avoid the Other

Alphabet has one key advantage over Microsoft in the AI race, Gene Munster says. It lies in its vast search history, which has a decade's worth more data than Bing has collected.

There's one big reason why Alphabet has the edge over Microsoft in the AI race, according to tech investor Gene Munster

Amazon is continuing its expansion into the health space with the launch of a new generative AI tool called HealthScribe, meant to take over some time-consuming administrative tasks of doctor's offices and clinics, the company said.

AI At The Doctor? Amazon Launches New Service As Google, Microsoft Aim At Merging Healthcare With Artificial Intelligence

Fidelity MSCI Telecommunication Services Index ETF

iShares Global Telecom ETF

Vanguard Telecommunication Services ETF

Communication Services Select Sector SPDR Fund

Philip Morris beat both earnings and revenue estimates in the second quarter. Look into some ETFs to capitalize.

Alphabet Heavy ETFs in Focus After Upbeat Q2 Earnings

Microsoft Corp. and Alphabet Inc. mentioned “AI” so many times on their earnings conference calls that one bullish Nvidia Corp. analyst is beginning to think his above-consensus estimates may be too conservative.

Nvidia estimates ‘may prove conservative' as Microsoft, Google mentions of AI more than double

Alphabet surged as much as 7% on Wednesday, adding about $111 billion to its market valuation. The search giant reported second-quarter earnings that beat analyst estimates and talked up its AI developments.

Alphabet adds $111 billion in market value after showing progress on AI front in 2nd-quarter earnings

Alphabet's (GOOGL) second-quarter results reflect strength in the search, YouTube and cloud business.

Alphabet (GOOGL) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Earnings reports were driving big moves in stocks on Wednesday.

Stocks making the biggest midday moves: Microsoft, Alphabet, Boeing and more

Robert Half Int.

Snap

U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.

Markets Mixed and Little Changed at Midday Ahead of Fed Decision

Oppenheimer & Co analysts have increased their target price on Alphabet Inc (NASDAQ:GOOG) Class C (GOOG) shares to $160 from $145, while maintaining an ‘Outperform' rating on the stock, on improving ad trends and margin improvement, as Search and YouTube growth accelerated sequentially and cost savings begin to flow through to its financials.  In an update to clients, they also noted the company's artificial intelligence (AI) initiatives are progressing, as Alphabet's generative AI integration into Search came in ahead of expectations, with 80% of advertisers using at least one AI product.

News for Alphabet Stock (GOOGL)