Alphabet earned $84.7 billion in the second quarter of 2024. Annual growth – 14%
29.07.24
Alphabet announced financial results for the second quarter of 2024 with revenue of $84.72 billion, up 14% from $74.6 billion in the second quarter of 2023.
Operating income was $27.43 billion and net income was $23.62 billion, also well above last year’s figure of $18.37 billion. In the previous quarter, revenue was $80.5 billion dollars, and the net profit was 23.66 billion dollars.
YouTube advertising revenue in the second quarter of 2024 amounted to $8.66 billion, compared to $7.67 billion in the same period last year. Cloud segment (Cloud) showed revenue of $10.35 billion , compared to $8.03 billion a year earlier. Google’s Subscriptions, Platforms and Devices segment, which includes hardware, the Play Store and YouTube’s non-advertising revenue, reached $9.31 billion, up from $8.14 billion last year.
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