What trends are visible in GOOG's 2024 quarterly earnings?
3/28/2025 11:15am
Google's 2024 quarterly earnings demonstrate consistent growth with strong financial performance, reflecting robust business trends:
1. **Consistent Net Income Growth**: The net income for the first quarter was $23.66 billion, which increased to $23.62 billion in the second quarter and $26.3 billion in the third quarter. The fourth quarter saw a slight increase to $26.54 billion. This trend indicates a strong and stable financial performance throughout the year.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GOOG|GOOG.O|Alphabet C|2024 Q1|57.2121453724005|2.3662E10|185|
|GOOG|GOOG.O|Alphabet C|2024 Q2|28.58776132404181|2.3619E10|185|
|GOOG|GOOG.O|Alphabet C|2024 Q3|33.58220326070395|2.6301E10|185|
|GOOG|GOOG.O|Alphabet C|2024 Q4|28.273795137042583|2.6536E10|185|
2. **Revenue Growth**: Similarly, the total revenue also showed a steady upward trajectory. The first quarter reported $80.54 billion in revenue, which grew to $84.74 billion in the second quarter and $88.27 billion in the third quarter. The fourth quarter saw a significant increase to $96.47 billion. This pattern suggests a strong customer base and market demand.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|GOOG|GOOG.O|Alphabet C|2024 Q1|15.406880937710463|8.0539E10|185|
|GOOG|GOOG.O|Alphabet C|2024 Q2|13.589083695244222|8.4742E10|185|
|GOOG|GOOG.O|Alphabet C|2024 Q3|15.092642092498664|8.8268E10|185|
|GOOG|GOOG.O|Alphabet C|2024 Q4|11.770362646275055|9.6469E10|185|
In conclusion, Google's 2024 quarterly earnings reflect robust growth and stability, with consistent increases in both net income and revenue throughout the year.