GOOG FY 2016 Earnings Report — Alphabet Inc. Revenue & Financial Results | Market Cap Arena

Alphabet Inc.GOOG

FY 2016 Earnings

Reported February 2, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$90.3B	—	$75.0B	—	20.4%
Op. Income	$23.7B	—	$19.4B	—	22.5%
Gross Margin	61.1%	—	62.4%	—	-1.4pp
Net Margin	21.6%	—	21.8%	—	-0.2pp
EPS (Diluted)	$1.39	—	$1.14	—	21.9%
Free Cash Flow	$25.8B	—	$16.1B	—	60.3%

Revenue Flow

Item	Amount
REVENUE	$90.3B
Cost of Revenue	$35.1B
GROSS PROFIT	$55.1B
R&D Expenses	$13.9B
Selling & Marketing	$10.5B
General & Administrative	$7.0B
SG&A Expenses	$17.5B
Other Expenses	$0
Operating Expenses	$31.4B
Cost & Expenses	$66.6B
OPERATING INCOME	$23.7B
Interest Income	$1.2B
Interest Expense	$124M
Other Income/Expenses	$434M
INCOME BEFORE TAX	$24.1B
Income Tax Expense	$4.7B
Net Income from Continuing Ops	$19.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$19.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$19.5B
D&A	$6.1B
EBIT	$24.3B
EBITDA	$30.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$90.3B
Cost of Revenue	$35.1B
GROSS PROFIT	$55.1B
R&D Expenses	$13.9B
Selling & Marketing	$10.5B
General & Administrative	$7.0B
SG&A Expenses	$17.5B
Other Expenses	$0
Operating Expenses	$31.4B
Cost & Expenses	$66.6B
OPERATING INCOME	$23.7B
Interest Income	$1.2B
Interest Expense	$124M
Other Income/Expenses	$434M
INCOME BEFORE TAX	$24.1B
Income Tax Expense	$4.7B
Net Income from Continuing Ops	$19.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$19.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$19.5B
D&A	$6.1B
EBIT	$24.3B
EBITDA	$30.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$19.5B
Depreciation & Amortization	$6.1B
Stock-Based Compensation	$6.7B
Deferred Income Tax	-$38M
Other Non-Cash Items	$449M
Change in Working Capital	$3.3B
OPERATING CASH FLOW	$36.0B
Capital Expenditure	-$10.2B
Acquisitions (Net)	-$986M
Purchases of Investments	-$85.6B
Sales/Maturities of Investments	$67.8B
Other Investing Activities	-$2.2B
NET CASH FROM INVESTING	-$31.2B
Net Debt Issuance	-$1.3B
Common Stock Repurchased	-$3.7B
Common Dividends Paid	$0
Other Financing Activities	-$3.3B
NET CASH FROM FINANCING	-$8.3B
FREE CASH FLOW	$25.8B
Net Change in Cash	-$3.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$12.9B
Short-Term Investments	$73.4B
Net Receivables	$14.2B
Inventory	$268M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$105.4B
PP&E (Net)	$34.2B
Goodwill	$16.5B
Intangible Assets	$3.3B
Long-Term Investments	$5.9B
Tax Assets	$383M
Other Non-Current Assets	$1.8B
TOTAL NON-CURRENT ASSETS	$62.1B
TOTAL ASSETS	$167.5B
Account Payables	$2.0B
Short-Term Debt	$0
Deferred Revenue	$1.1B
Other Current Liabilities	$9.1B
TOTAL CURRENT LIABILITIES	$16.8B
Long-Term Debt	$3.9B
Deferred Revenue NC	$202M
Deferred Tax Liabilities	$226M
Other Non-Current Liabilities	$7.3B
TOTAL NON-CURRENT LIABILITIES	$11.7B
TOTAL LIABILITIES	$28.5B
Common Stock	$36.3B
Additional Paid-In Capital	$0
Retained Earnings	$105.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$2.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$139.0B
Minority Interest	$0
TOTAL EQUITY	$139.0B
TOTAL LIABILITIES & EQUITY	$167.5B
Total Debt	$3.9B
Net Debt	-$9.0B