Alphabet Inc
For the period ended Dec 31, 2023. Filed Jan 31, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 31, 2024
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Consolidated Statements of Income
| Table of Contents | Alphabet Inc. |
|---|
CONSOLIDATED STATEMENTS OF INCOME
(in millions, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2021 | 2022 | 2023 | |
| Revenues | $257,637 | $282,836 | $307,394 |
| Costs and expenses: | |||
| Cost of revenues | 110,939 | 126,203 | 133,332 |
| Research and development | 31,562 | 39,500 | 45,427 |
| Sales and marketing | 22,912 | 26,567 | 27,917 |
| General and administrative | 13,510 | 15,724 | 16,425 |
| Total costs and expenses | 178,923 | 207,994 | 223,101 |
| Income from operations | 78,714 | 74,842 | 84,293 |
| Other income (expense), net | 12,020 | (3,514) | 1,424 |
| Income before income taxes | 90,734 | 71,328 | 85,717 |
| Provision for income taxes | 14,701 | 11,356 | 11,922 |
| Net income | $76,033 | $59,972 | $73,795 |
| Basic net income per share of Class A, Class B, and Class C stock | $5.69 | $4.59 | $5.84 |
| Diluted net income per share of Class A, Class B, and Class C stock | $5.61 | $4.56 | $5.80 |
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