GOOGL Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-12-31), GOOGL reported revenue of $96.5B, gross profit of $55.9B (57.9% gross margin), operating income of $31.0B, and net income of $26.5B (27.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GOOGL was profitable; revenue grew 11.8% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +11.8% | +28.3% | +3.5 pp |
| Quarter over quarter | +9.3% | +0.9% | −2.3 pp |
Consensus estimate data is not available for this report.
GOOGL Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $96.5B | 100% |
| Cost of Revenue | −$40.6B | 42.1% |
| Gross Profit | $55.9B | 57.9% |
| Research & Development | −$13.1B | 13.6% |
| Selling, General & Administrative | −$11.8B | 12.2% |
| Operating Income | $31.0B | 32.1% |
| Other Income, net | $1.3B | 1.3% |
| Income Tax Expense | −$5.7B | 5.9% |
| Net Income | $26.5B | 27.5% |
Source: original SEC filing (filed 2025-02-04). Accession 0001652044-25-000010. Data normalized by EarningsFyi.