Why did Google's operating expenses decline in Q1 2024?
3/29/2025 11:22am
Aime
Google's operating expenses declined in Q1 2024 due to Efficient Cost Management and Revenue Growth.
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 expenses1.
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 ratios2.