Alphabet(Google) Net Income

: $72,016 Mil (TTM As of Jun. 2022)

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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Alphabet(Google)'s net income for the three months ended in Jun. 2022 was $16,002 Mil. Its net income for the trailing twelve months (TTM) ended in Jun. 2022 was $72,016 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Alphabet(Google)'s Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $1.13.

Alphabet(Google) Net Income Historical Data

The historical data trend for Alphabet(Google)'s Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alphabet(Google) Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Net Income

12,662.00

30,736.00

34,343.00

40,269.00

76,033.00

Alphabet(Google) Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Net Income																18,525.00	18,936.00	20,642.00	16,436.00	16,002.00

Alphabet(Google) Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Alphabet(Google)'s Net Income for the fiscal year that ended in Dec. 2021 is calculated as

	Net Income		(A: Dec. 2021 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	90734	+	-14701	+	0	+	0
=	76,033

Alphabet(Google)'s Net Income for the quarter that ended in Jun. 2022 is calculated as

	Net Income		(Q: Jun. 2022 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	19014	+	-3012	+	0	+	0
=	16,002

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $72,016 Mil.

Alphabet(Google) (NAS:GOOGL) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Alphabet(Google)'s Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as

Earnings per Share (Diluted) (Q: Jun. 2022 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(16002	-	0)	/	14126.000
	=	1.13

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Alphabet(Google) Net Income Related Terms

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Alphabet(Google) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Alphabet Inc(Google) (NAS:GOOGL) » Definitions » Net Income

Comparable Companies

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Address

1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043

Website

https://www.abc.xyz

Alphabet Inc is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart homes products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), faster Internet access to homes (Google Fiber), self-driving cars (Waymo), and more. Alphabet's operating margin has been 25%-30%, with Google at 30% and other bets operating at a loss.

Executives

Schindler Philipp	officer: SVP, Chief Business Officer	C/O ALPHABET INC. 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94568
Walker John Kent	officer: SVP, Global Affairs and CLO	1600 AMPHITHEATRE PRKW MOUNTAIN VIEW CA 94043
Raghavan Prabhakar	officer: Senior Vice President	C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043
Arnold Frances	director	5200 ILLUMINA WAY SAN DIEGO CA 92122
Washington Robin L	director	333 LAKESIDE DRIVE FOSTER CITY CA 94404
O'toole Amie Thuener	officer: VP, Chief Accounting Officer	C/O ALPHABET INC. 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043
Lee Antonio	10 percent owner, other: Investor/Large Shareholder	4009 216TH STREET MATTESON IL 60443
Ferguson Roger W. Jr.	director	CORNING INCORPORATED ONE RIVERFRONT PLAZA CORNING NY 14831
Campbell James Grier	officer: VP, Alphabet Corp. Controller	1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043
Hennessy John L	director
Mulally Alan R	director	P.O. BOX 995 MERCER ISLAND WA 98040
Shriram Kavitark Ram	director	1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043
Mather Ann	director
Tilghman Shirley M	director	GOOGLE INC. 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043
Otellini Paul S	director	2200 MISSION COLLEGE BLVD RNB-4-151 SANTA CLARA CA 95054