Last10K.com

Alphabet Inc. (GOOGL) SEC Filing 10-K Annual Report for the fiscal year ending Sunday, December 31, 2023

SEC Filings

GOOGL Valuations

Intrinsic Value
Financial Stability
Financial Ratios
Insider Trades
Manager Portfolios
Notifications

GOOGL Annual Reports

GOOGL Quarterly Reports

GOOGL Corporate News

Alphabet Inc.

HISTORY TOOLS
CIK: 1652044 Ticker: GOOGL
Exhibit 99.1
Alphabet Announces Fourth Quarter and Fiscal Year 2023 Results
MOUNTAIN VIEW, Calif. – January 30, 2024 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2023.
Sundar Pichai, CEO, said: “We are pleased with the ongoing strength in Search and the growing contribution from YouTube and Cloud. Each of these is already benefiting from our AI investments and innovation. As we enter the Gemini era, the best is yet to come.”
Ruth Porat, President and Chief Investment Officer; CFO said: “We ended 2023 with very strong fourth quarter financial results, with Q4 consolidated revenues of $86 billion, up 13% year over year. We remain committed to our work to durably re-engineer our cost base as we invest to support our growth opportunities.”
Q4 2023 Financial Highlights
The following table summarizes our consolidated financial results for the quarters and years ended December 31, 2022 and 2023 (in millions, except for per share information and percentages).
Quarter Ended December 31,Year Ended
December 31,
2022202320222023
(unaudited)(unaudited)
Revenues$76,048 $86,310 $282,836 $307,394 
Change in revenues year over year1 %13 %10 %9 %
Change in constant currency revenues year over year(1)
7 %13 %14 %10 %
Operating income$18,160 $23,697 $74,842 $84,293 
Operating margin24 %27 %26 %27 %
Other income (expense), net
$(1,013)$715 $(3,514)$1,424 
Net income$13,624 $20,687 $59,972 $73,795 
Diluted EPS$1.05 $1.64 $4.56 $5.80 
(1)    Non-GAAP measure. See the table captioned “Reconciliation from GAAP revenues to non-GAAP constant currency revenues and GAAP percentage change in revenues to non-GAAP percentage change in constant currency revenues” for more details.

The following information was filed by Alphabet Inc. (GOOGL) on Tuesday, January 30, 2024 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Alphabet Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Alphabet Inc..

Continue

Assess how Alphabet Inc.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Alphabet Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2024 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Legal
Financial
Revenue
M & A
Mgmt Change
Other
Filter Subcategory:
All
Income
Geography
Product
Debt
Expense
Shares
Earnings
Cash Flow
Other
Inside Alphabet Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Cover Page
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (Parenthetical)
Consolidated Statements Of Income
Consolidated Statements Of Stockholders' Equity
Commitments And Contingencies
Commitments And Contingencies - Narrative (Details)
Compensation Plans
Compensation Plans (Tables)
Compensation Plans - Stock Based Award Activities (Details)
Compensation Plans - Stock Based Compensation (Details)
Compensation Plans - Stock Plans (Details)
Debt
Debt (Tables)
Debt - Future Principal Payments For Borrowings (Details)
Debt - Long-Term Debt (Details)
Debt - Narrative (Details)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Carrying Amount Of Equity Securities (Details)
Financial Instruments - Contractual Maturity Date Of Marketable Debt Securities (Details)
Financial Instruments - Derivative Notional Amounts (Details)
Financial Instruments - Effect Of Derivative Instruments On Income And Accumulated Other Comprehensive Income (Details)
Financial Instruments - Fair Values Of Outstanding Derivative Instruments (Details)
Financial Instruments - Gains And Losses On Equity Securities (Details)
Financial Instruments - Gross Unrealized Losses And Fair Values For Investments In Unrealized Loss Position (Details)
Financial Instruments - Marketable Securities (Details)
Financial Instruments - Measurement Alternative Investments (Details)
Financial Instruments - Narrative (Details)
Financial Instruments - Offsetting Of Financial Assets And Financial Liabilities (Details)
Financial Instruments - Summary Of Gains And Losses For Debt Securities (Details)
Goodwill
Goodwill (Tables)
Goodwill - Changes In Carrying Amount Of Goodwill (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Income From Continuing Operations Before Income Taxes (Details)
Income Taxes - Narrative (Details)
Income Taxes - Provision For Income Taxes (Details)
Income Taxes - Reconciliation Of Federal Statutory Income Tax Rate To Effective Income Tax Rate (Details)
Income Taxes - Significant Components Of Deferred Tax Assets And Liabilities (Details)
Income Taxes - Summary Of Activity Related To Gross Unrecognized Tax Benefits (Details)
Information About Segments And Geographic Areas
Information About Segments And Geographic Areas (Tables)
Information About Segments And Geographic Areas - Long-Lived Assets By Geographic Area (Details)
Information About Segments And Geographic Areas - Revenue And Operating Income/Loss By Segment (Details)
Insider Trading Arrangements
Leases
Leases (Tables)
Leases - Components Of Operating Lease Expense (Details)
Leases - Future Minimum Lease Payments (Details)
Leases - Narrative (Details)
Leases - Supplemental Cash Flow Information (Details)
Net Income Per Share
Net Income Per Share (Tables)
Net Income Per Share - Schedule Of Earnings Per Share (Details)
Pay Vs Performance Disclosure
Revenues
Revenues (Tables)
Revenues - Narrative (Details)
Revenues - Revenue By Geographic Location (Details)
Revenues - Revenue By Segment (Details)
Schedule Ii: Valuation And Qualifying Accounts
Schedule Ii: Valuation And Qualifying Accounts (Details)
Stockholders' Equity
Stockholders' Equity (Tables)
Stockholders' Equity - Narrative (Details)
Stockholders' Equity - Share Repurchases (Details)
Subsequent Event
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies - Narrative (Details)
Supplemental Financial Statement Information
Supplemental Financial Statement Information (Tables)
Supplemental Financial Statement Information - Accrued Expenses And Other Current Liabilities (Details)
Supplemental Financial Statement Information - Components Of Accumulated Other Comprehensive Income (Details)
Supplemental Financial Statement Information - Components Of Other Income (Expense), Net (Details)
Supplemental Financial Statement Information - Narrative (Details)
Supplemental Financial Statement Information - Property And Equipment (Details)
Supplemental Financial Statement Information - Reclassifications Out Of Accumulated Other Comprehensive Income (Loss) (Details)
Variable Interest Entities
Variable Interest Entities - Narrative (Details)
Workforce Reduction And Other Initiatives
Workforce Reduction And Other Initiatives (Tables)
Workforce Reduction And Other Initiatives - Changes To Restructuring And Other Accruals (Details)
Workforce Reduction And Other Initiatives - Charges Included Within The Statement Of Income (Details)
Workforce Reduction And Other Initiatives - Narrative (Details)
Ticker: GOOGL
CIK: 1652044
Form Type: 10-K Annual Report
Accession Number: 0001652044-24-000022
Submitted to the SEC: Tue Jan 30 2024 9:43:43 PM EST
Accepted by the SEC: Wed Jan 31 2024
Period: Sunday, December 31, 2023
Industry: Computer Programming Data Processing

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/googl/0001652044-24-000022.htm