Stock Analysis on Net
Stock Analysis on Net

Alphabet Inc. (NASDAQ:GOOG)

Common-Size Income Statement

Alphabet Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenues 100.00 100.00 100.00 100.00 100.00
Cost of revenues -43.37 -44.62 -43.06 -46.42 -44.42
Gross profit 56.63% 55.38% 56.94% 53.58% 55.58%
Research and development -14.78 -13.97 -12.25 -15.11 -16.07
Sales and marketing -9.08 -9.39 -8.89 -9.83 -11.41
General and administrative -5.34 -5.56 -5.24 -6.05 -5.90
European Commission fines 0.00 0.00 0.00 0.00 -1.05
Income from operations 27.42% 26.46% 30.55% 22.59% 21.15%
Interest income 1.26 0.77 0.58 1.02 1.50
Interest expense -0.10 -0.13 -0.13 -0.07 -0.06
Foreign currency exchange gain (loss), net -0.40 -0.23 -0.09 -0.19 0.06
Gain (loss) on debt securities, net -0.40 -0.73 -0.04 0.40 0.09
Gain (loss) on equity securities, net 0.13 -1.22 4.81 3.06 1.64
Performance fees 0.08 0.28 -0.74 -0.33 -0.20
Income (loss) and impairment from equity method investments, net -0.20 -0.12 0.13 0.22 0.24
Other 0.10 0.13 0.16 -0.35 0.06
Other income (expense), net 0.46% -1.24% 4.67% 3.76% 3.33%
Income before income taxes 27.89% 25.22% 35.22% 26.34% 24.48%
Provision for income taxes -3.88 -4.02 -5.71 -4.28 -3.26
Net income 24.01% 21.20% 29.51% 22.06% 21.22%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Alphabet Inc. income from operations as a percentage of revenues decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Alphabet Inc. income before income taxes as a percentage of revenues decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Alphabet Inc. net income as a percentage of revenues decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.