GOOGL Q3 2023 Earnings — Income Statement Breakdown
For its Q3 2023 period (ending 2023-09-30), GOOGL reported revenue of $76.7B, gross profit of $43.5B (56.7% gross margin), operating income of $21.3B, and net income of $19.7B (25.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GOOGL was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
GOOGL Q3 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $76.7B | 100% |
| Cost of Revenue | −$33.2B | 43.3% |
| Gross Profit | $43.5B | 56.7% |
| Research & Development | −$11.3B | 14.7% |
| Selling, General & Administrative | −$10.9B | 14.2% |
| Operating Income | $21.3B | 27.8% |
| Interest Expense | −$116M | 0.2% |
| Other Income, net | −$146M | 0.2% |
| Income Tax Expense | −$1.5B | 2.0% |
| Net Income | $19.7B | 25.7% |
Source: original SEC filing (filed 2023-10-24). Accession 0001652044-23-000088. Data normalized by EarningsFyi.