Alphabet (GOOG) FY2022 results: revenue $282.8 billion, up 9.8% on the year
Alphabet Inc. (GOOG) reported revenue of $282.8 billion for fiscal 2022, the year ended 31 December 2022, up 9.8% on the year before. Net income was $60.0 billion, down 21.1%, and diluted earnings per share $4.56. The figures are the company's own, from the 10-K it filed with the SEC on 3 February 2023.
Revenue
$282.8 billion
+9.8% on the year
FY2015FY2022
Operating margin
26.5%
30.6% a year earlier
FY2015FY2022
Net income
$60.0 billion
-21.1% on the year
FY2015FY2022
Diluted EPS
$4.56
-18.7% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
91,495
91,652
65,124
-0.2%
Capital expenditure
31,485
24,640
22,281
+27.8%
Free cash flow
60,010
67,012
42,843
-10.4%
Free cash flow margin
21.2%
26.0%
23.5%
Cash from investing
-20,298
-35,523
-32,773
Cash from financing
-69,757
-61,362
-24,408
Share-based compensation
19,362
15,376
12,991
+25.9%
Buybacks
59,296
50,274
31,149
+17.9%
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
13,159m
n/a
n/a
Shares outstanding at period end
12,849m
13,242m
13,504m
-3.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
256,144
251,635
222,544
+1.8%
Debt
15,312
15,440
15,319
-0.8%
Operating lease liabilities
12,501
11,389
11,146
+9.8%
Other liabilities
81,307
80,804
70,607
+0.6%
Total liabilities and equity
365,264
359,268
319,616
+1.7%
Fixed assets
112,668
97,599
84,749
+15.4%
Goodwill
28,960
22,956
21,175
+26.2%
Intangible assets
2,084
1,417
1,445
+47.1%
Investments
92,686
120,104
110,229
-22.8%
Cash and equivalents
21,879
20,945
26,465
+4.5%
Receivables
40,258
39,304
30,930
+2.4%
Inventory
2,670
1,170
728
+128.2%
Other assets
64,059
55,773
43,895
+14.9%
Total assets
365,264
359,268
319,616
+1.7%
10-K for the year ended 31 December 2022, filed 3 February 2023: the filing.