Why did Google's operating expenses decline in Q1 2024?
3/29/2025 07:22pm
Google's operating expenses declined in Q1 2024 due to **Efficient Cost Management** and **Revenue Growth**.
1. **Efficient Cost Management**: Google implemented cost-saving measures, such as restructuring and reducing operating expenses as a percentage of GTV, which led to a decrease in overall expenses.
2. **Revenue Growth**: The company's revenue grew, particularly in the advertising segment, which allowed for better absorption of expenses and contributed to the decline in expense ratios.