GOOG FY 2020 Earnings Report — Alphabet Inc. Revenue & Financial Results | Market Cap Arena

Alphabet Inc.GOOG

FY 2020 Earnings

Reported February 2, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$182.5B	—	$161.9B	—	12.8%
Op. Income	$41.2B	—	$34.2B	—	20.4%
Gross Margin	53.6%	—	55.6%	—	-2.0pp
Net Margin	22.1%	—	21.2%	—	0.8pp
EPS (Diluted)	$2.93	—	$2.46	—	19.1%
Free Cash Flow	$42.8B	—	$31.0B	—	38.3%

Revenue Flow

Item	Amount
REVENUE	$182.5B
Cost of Revenue	$84.7B
GROSS PROFIT	$97.8B
R&D Expenses	$27.6B
Selling & Marketing	$17.9B
General & Administrative	$11.1B
SG&A Expenses	$29.0B
Other Expenses	$0
Operating Expenses	$56.6B
Cost & Expenses	$141.3B
OPERATING INCOME	$41.2B
Interest Income	$1.9B
Interest Expense	$135M
Other Income/Expenses	$6.9B
INCOME BEFORE TAX	$48.1B
Income Tax Expense	$7.8B
Net Income from Continuing Ops	$40.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$40.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$40.3B
D&A	$13.7B
EBIT	$48.2B
EBITDA	$61.9B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$182.5B
Cost of Revenue	$84.7B
GROSS PROFIT	$97.8B
R&D Expenses	$27.6B
Selling & Marketing	$17.9B
General & Administrative	$11.1B
SG&A Expenses	$29.0B
Other Expenses	$0
Operating Expenses	$56.6B
Cost & Expenses	$141.3B
OPERATING INCOME	$41.2B
Interest Income	$1.9B
Interest Expense	$135M
Other Income/Expenses	$6.9B
INCOME BEFORE TAX	$48.1B
Income Tax Expense	$7.8B
Net Income from Continuing Ops	$40.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$40.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$40.3B
D&A	$13.7B
EBIT	$48.2B
EBITDA	$61.9B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$40.3B
Depreciation & Amortization	$13.7B
Stock-Based Compensation	$13.0B
Deferred Income Tax	$1.4B
Other Non-Cash Items	-$5.0B
Change in Working Capital	$1.8B
OPERATING CASH FLOW	$65.1B
Capital Expenditure	-$22.3B
Acquisitions (Net)	-$738M
Purchases of Investments	-$143.8B
Sales/Maturities of Investments	$133.9B
Other Investing Activities	$68M
NET CASH FROM INVESTING	-$32.8B
Net Debt Issuance	$9.7B
Common Stock Repurchased	-$31.1B
Common Dividends Paid	$0
Other Financing Activities	-$2.9B
NET CASH FROM FINANCING	-$24.4B
FREE CASH FLOW	$42.8B
Net Change in Cash	$8.0B

Balance Sheet

Item	Amount
Cash & Equivalents	$26.5B
Short-Term Investments	$110.2B
Net Receivables	$31.4B
Inventory	$728M
Other Current Assets	$5.5B
TOTAL CURRENT ASSETS	$174.3B
PP&E (Net)	$97.0B
Goodwill	$21.2B
Intangible Assets	$1.4B
Long-Term Investments	$20.7B
Tax Assets	$1.1B
Other Non-Current Assets	$4.0B
TOTAL NON-CURRENT ASSETS	$145.3B
TOTAL ASSETS	$319.6B
Account Payables	$5.6B
Short-Term Debt	$0
Deferred Revenue	$2.5B
Other Current Liabilities	$21.5B
TOTAL CURRENT LIABILITIES	$56.8B
Long-Term Debt	$12.8B
Deferred Revenue NC	$481M
Deferred Tax Liabilities	$3.6B
Other Non-Current Liabilities	$11.1B
TOTAL NON-CURRENT LIABILITIES	$40.2B
TOTAL LIABILITIES	$97.1B
Common Stock	$58.5B
Additional Paid-In Capital	$0
Retained Earnings	$163.4B
Treasury Stock	$0
Accum. Other Comp. Income	$633M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$222.5B
Minority Interest	$0
TOTAL EQUITY	$222.5B
TOTAL LIABILITIES & EQUITY	$319.6B
Total Debt	$26.8B
Net Debt	$307M