Alphabet (GOOGL) FY2024 results: revenue $350.0 billion, up 13.9% on the year
Alphabet Inc. (GOOGL) reported revenue of $350.0 billion for fiscal 2024, the year ended 31 December 2024, up 13.9% on the year before. Net income was $100.1 billion, up 35.7%, and diluted earnings per share $8.04. The figures are the company's own, from the 10-K it filed with the SEC on 5 February 2026.
Revenue
$350.0 billion
+13.9% on the year
FY2017FY2024
Operating margin
32.1%
27.4% a year earlier
FY2017FY2024
Net income
$100.1 billion
+35.7% on the year
FY2017FY2024
Diluted EPS
$8.04
+38.6% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
125,299
101,746
91,495
+23.1%
Capital expenditure
52,535
32,251
31,485
+62.9%
Free cash flow
72,764
69,495
60,010
+4.7%
Free cash flow margin
20.8%
22.6%
21.2%
Cash from investing
-45,536
-27,063
-20,298
Cash from financing
-79,733
-72,093
-69,757
Share-based compensation
22,785
22,460
19,362
+1.4%
Buybacks
62,222
61,504
59,296
+1.2%
Dividends paid
7,363
0.0
0.0
Dividend per share
$0.60
n/a
n/a
Diluted shares, weighted
12,447m
12,722m
13,159m
-2.2%
Shares outstanding at period end
12,211m
12,460m
12,849m
-2.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
325,084
283,379
256,144
+14.7%
Debt
12,000
13,000
15,312
-7.7%
Operating lease liabilities
11,691
12,460
12,501
-6.2%
Finance lease liabilities
1,442
1,383
n/a
+4.3%
Other liabilities
100,039
92,170
81,307
+8.5%
Total liabilities and equity
450,256
402,392
365,264
+11.9%
Fixed assets
171,036
134,345
112,668
+27.3%
Goodwill
31,885
29,198
28,960
+9.2%
Intangible assets
n/a
n/a
2,084
Investments
72,457
88,268
92,686
-17.9%
Cash and equivalents
23,466
24,048
21,879
-2.4%
Receivables
52,340
47,964
40,258
+9.1%
Inventory
n/a
n/a
2,670
Other assets
99,072
78,569
64,059
+26.1%
Total assets
450,256
402,392
365,264
+11.9%
10-K for the year ended 31 December 2024, filed 5 February 2026: the filing.