Alphabet Q1 revenue $80.5B (+15% YoY), EPS $1.89; initiates $0.20 quarterly dividend, $70B buyback

Alphabet Inc.

Q1 revenue $80.5B (+15% YoY), operating income $25.5B (32% margin), diluted EPS $1.89 vs $1.17
Google Cloud revenue $9.6B (+28% YoY) with $900M operating income; Google Services $70.4B
Board initiates first-ever quarterly cash dividend: $0.20/share, payable June 17 to holders of record June 10
Board authorizes additional $70B in share repurchases of Class A and Class C stock
Employee severance charges $716M in Q1 2024, down from $2.0B in Q1 2023

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alphabet Inc. reported quarters ended March 31, 2023 and 2024 results: revenue $80,539, net income $23,662, EPS $1.89.

Period: quarters ended March 31, 2023 and 2024
Revenue: $80,539
Net income: $23,662
EPS: $1.89
Result: reported results

Exact text from the filing

for the quarters ended March 31, 2023 and 2024 (in millions, except for per share information and percentages). Quarter Ended March 31, 2023 2024 (unaudited) Revenues $ 69,787 $ 80,539 Change in revenues year over year 3 % 15 % Change in constant currency revenues year over year (1) 6 % 16 % Operating income $ 17,415 $ 25,472 Operating margin 25 % 32 % Other

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alphabet Inc. reported quarter ended March 31, 2024 results: revenue $80,539.

Period: quarter ended March 31, 2024
Revenue: $80,539
Result: reported results

Exact text from the filing

for the quarters ended March 31, 2023 and 2024 (in millions, except for per share information and percentages). Quarter Ended March 31, 2023 2024 (unaudited) Revenues $ 69,787 $ 80,539 Change in revenues year over year 3 % 15 % Change in constant currency revenues year over year (1) 6 % 16 % Operating income $ 17,415 $ 25,472 Operating margin 25 % 32 % Other

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Alphabet Inc. filing history →

Source: SEC EDGAR

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