GOOG FY 2019 Earnings Report — Alphabet Inc. Revenue & Financial Results | Market Cap Arena

Alphabet Inc.GOOG

FY 2019 Earnings

Reported February 3, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$161.9B	—	$136.8B	—	18.3%
Op. Income	$34.2B	—	$27.5B	—	24.4%
Gross Margin	55.6%	—	56.5%	—	-0.9pp
Net Margin	21.2%	—	22.5%	—	-1.2pp
EPS (Diluted)	$2.46	—	$2.19	—	12.3%
Free Cash Flow	$31.0B	—	$22.8B	—	35.7%

Revenue Flow

Item	Amount
REVENUE	$161.9B
Cost of Revenue	$71.9B
GROSS PROFIT	$90.0B
R&D Expenses	$26.0B
Selling & Marketing	$18.5B
General & Administrative	$9.6B
SG&A Expenses	$28.0B
Other Expenses	$1.7B
Operating Expenses	$55.7B
Cost & Expenses	$127.6B
OPERATING INCOME	$34.2B
Interest Income	$2.4B
Interest Expense	$100M
Other Income/Expenses	$5.4B
INCOME BEFORE TAX	$39.6B
Income Tax Expense	$5.3B
Net Income from Continuing Ops	$34.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$34.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$34.3B
D&A	$11.8B
EBIT	$39.7B
EBITDA	$51.5B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$161.9B
Cost of Revenue	$71.9B
GROSS PROFIT	$90.0B
R&D Expenses	$26.0B
Selling & Marketing	$18.5B
General & Administrative	$9.6B
SG&A Expenses	$28.0B
Other Expenses	$1.7B
Operating Expenses	$55.7B
Cost & Expenses	$127.6B
OPERATING INCOME	$34.2B
Interest Income	$2.4B
Interest Expense	$100M
Other Income/Expenses	$5.4B
INCOME BEFORE TAX	$39.6B
Income Tax Expense	$5.3B
Net Income from Continuing Ops	$34.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$34.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$34.3B
D&A	$11.8B
EBIT	$39.7B
EBITDA	$51.5B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$34.3B
Depreciation & Amortization	$11.8B
Stock-Based Compensation	$10.8B
Deferred Income Tax	$173M
Other Non-Cash Items	-$3.4B
Change in Working Capital	$819M
OPERATING CASH FLOW	$54.5B
Capital Expenditure	-$23.5B
Acquisitions (Net)	-$2.5B
Purchases of Investments	-$102.2B
Sales/Maturities of Investments	$98.2B
Other Investing Activities	$589M
NET CASH FROM INVESTING	-$29.5B
Net Debt Issuance	-$268M
Common Stock Repurchased	-$18.4B
Common Dividends Paid	$0
Other Financing Activities	-$4.5B
NET CASH FROM FINANCING	-$23.2B
FREE CASH FLOW	$31.0B
Net Change in Cash	$1.8B

Balance Sheet

Item	Amount
Cash & Equivalents	$18.5B
Short-Term Investments	$101.2B
Net Receivables	$27.5B
Inventory	$999M
Other Current Assets	$4.4B
TOTAL CURRENT ASSETS	$152.6B
PP&E (Net)	$84.6B
Goodwill	$20.6B
Intangible Assets	$2.0B
Long-Term Investments	$13.1B
Tax Assets	$721M
Other Non-Current Assets	$2.3B
TOTAL NON-CURRENT ASSETS	$123.3B
TOTAL ASSETS	$275.9B
Account Payables	$5.6B
Short-Term Debt	$0
Deferred Revenue	$1.9B
Other Current Liabilities	$27.8B
TOTAL CURRENT LIABILITIES	$45.2B
Long-Term Debt	$4.6B
Deferred Revenue NC	$358M
Deferred Tax Liabilities	$1.7B
Other Non-Current Liabilities	$12.4B
TOTAL NON-CURRENT LIABILITIES	$29.2B
TOTAL LIABILITIES	$74.5B
Common Stock	$50.6B
Additional Paid-In Capital	$0
Retained Earnings	$152.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$1.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$201.4B
Minority Interest	$0
TOTAL EQUITY	$201.4B
TOTAL LIABILITIES & EQUITY	$275.9B
Total Debt	$16.0B
Net Debt	-$2.5B