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Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Alphabet Inc. (NASDAQ:GOOG)

Common-Size Income Statement

Beginner level

Alphabet Inc., common-size consolidated income statement

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Revenues 100.00 100.00 100.00 100.00 100.00
Cost of revenues -46.42 -44.42 -43.52 -41.12 -38.92
Gross profit 53.58% 55.58% 56.48% 58.88% 61.08%
Research and development -15.11 -16.07 -15.65 -15.00 -15.45
Sales and marketing -9.83 -11.41 -11.94 -11.63 -11.61
General and administrative -6.05 -5.90 -5.94 -6.20 -7.74
European Commission fines 0.00 -1.05 -3.71 -2.47 0.00
Income from operations 22.59% 21.15% 19.24% 23.59% 26.27%
Interest income 1.02 1.50 1.37 1.18 1.35
Interest expense -0.07 -0.06 -0.08 -0.10 -0.14
Foreign currency exchange gain (loss), net -0.19 0.06 -0.06 -0.11 -0.53
Gain (loss) on debt securities, net 0.40 0.09 0.87 -0.10 -0.06
Gain (loss) on equity securities, net 3.06 1.64 3.99 0.07 -0.02
Performance fees -0.33 -0.20 0.00 0.00 0.00
Income (loss) and impairment from equity method investments, net 0.22 0.24 -0.09 -0.14 -0.22
Other -0.35 0.06 0.28 0.14 0.10
Other income (expense), net 3.76% 3.33% 6.28% 0.94% 0.48%
Income before income taxes 26.34% 24.48% 25.52% 24.53% 26.75%
Provision for income taxes -4.28 -3.26 -3.05 -13.11 -5.18
Net income 22.06% 21.22% 22.46% 11.42% 21.58%

Based on: 10-K (filing date: 2021-02-03), 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-05), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-03).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Alphabet Inc.’s income from operations as a percentage of revenues increased from 2018 to 2019 and from 2019 to 2020.
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.’s income before income taxes as a percentage of revenues decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Alphabet Inc.’s net income as a percentage of revenues decreased from 2018 to 2019 but then increased from 2019 to 2020 not reaching 2018 level.