GOOG FY 2021 Earnings Report — Alphabet Inc. Revenue & Financial Results | Market Cap Arena

Alphabet Inc.GOOG

FY 2021 Earnings

Reported February 1, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$257.6B	—	$182.5B	—	41.2%
Op. Income	$78.7B	—	$41.2B	—	90.9%
Gross Margin	56.9%	—	53.6%	—	3.4pp
Net Margin	29.5%	—	22.1%	—	7.4pp
EPS (Diluted)	$5.61	—	$2.93	—	91.5%
Free Cash Flow	$67.0B	—	$42.8B	—	56.4%

Revenue Flow

Item	Amount
REVENUE	$257.6B
Cost of Revenue	$110.9B
GROSS PROFIT	$146.7B
R&D Expenses	$31.6B
Selling & Marketing	$22.9B
General & Administrative	$13.5B
SG&A Expenses	$36.4B
Other Expenses	$0
Operating Expenses	$68.0B
Cost & Expenses	$178.9B
OPERATING INCOME	$78.7B
Interest Income	$1.5B
Interest Expense	$346M
Other Income/Expenses	$12.0B
INCOME BEFORE TAX	$90.7B
Income Tax Expense	$14.7B
Net Income from Continuing Ops	$76.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$76.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$76.0B
D&A	$12.4B
EBIT	$91.1B
EBITDA	$103.5B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$257.6B
Cost of Revenue	$110.9B
GROSS PROFIT	$146.7B
R&D Expenses	$31.6B
Selling & Marketing	$22.9B
General & Administrative	$13.5B
SG&A Expenses	$36.4B
Other Expenses	$0
Operating Expenses	$68.0B
Cost & Expenses	$178.9B
OPERATING INCOME	$78.7B
Interest Income	$1.5B
Interest Expense	$346M
Other Income/Expenses	$12.0B
INCOME BEFORE TAX	$90.7B
Income Tax Expense	$14.7B
Net Income from Continuing Ops	$76.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$76.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$76.0B
D&A	$12.4B
EBIT	$91.1B
EBITDA	$103.5B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$76.0B
Depreciation & Amortization	$12.4B
Stock-Based Compensation	$15.4B
Deferred Income Tax	$1.8B
Other Non-Cash Items	-$12.5B
Change in Working Capital	-$1.5B
OPERATING CASH FLOW	$91.7B
Capital Expenditure	-$24.6B
Acquisitions (Net)	-$2.6B
Purchases of Investments	-$138.0B
Sales/Maturities of Investments	$129.2B
Other Investing Activities	$541M
NET CASH FROM INVESTING	-$35.5B
Net Debt Issuance	-$1.2B
Common Stock Repurchased	-$50.3B
Common Dividends Paid	$0
Other Financing Activities	-$9.9B
NET CASH FROM FINANCING	-$61.4B
FREE CASH FLOW	$67.0B
Net Change in Cash	-$5.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$20.9B
Short-Term Investments	$118.7B
Net Receivables	$39.3B
Inventory	$1.2B
Other Current Assets	$8.0B
TOTAL CURRENT ASSETS	$188.1B
PP&E (Net)	$110.6B
Goodwill	$23.0B
Intangible Assets	$1.4B
Long-Term Investments	$29.5B
Tax Assets	$1.3B
Other Non-Current Assets	$5.4B
TOTAL NON-CURRENT ASSETS	$171.1B
TOTAL ASSETS	$359.3B
Account Payables	$6.0B
Short-Term Debt	$0
Deferred Revenue	$3.3B
Other Current Liabilities	$23.7B
TOTAL CURRENT LIABILITIES	$64.3B
Long-Term Debt	$12.8B
Deferred Revenue NC	$535M
Deferred Tax Liabilities	$5.3B
Other Non-Current Liabilities	$11.4B
TOTAL NON-CURRENT LIABILITIES	$43.4B
TOTAL LIABILITIES	$107.6B
Common Stock	$61.8B
Additional Paid-In Capital	$0
Retained Earnings	$191.5B
Treasury Stock	$0
Accum. Other Comp. Income	-$1.6B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$251.6B
Minority Interest	$0
TOTAL EQUITY	$251.6B
TOTAL LIABILITIES & EQUITY	$359.3B
Total Debt	$28.4B
Net Debt	$7.5B