What trends are visible in GOOG's 2024 quarterly earnings?

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.

GOOG Net Income YoY, Net Income

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.

GOOG Total Revenue YoY, Total Revenue

In conclusion, Google's 2024 quarterly earnings reflect robust growth and stability, with consistent increases in both net income and revenue throughout the year.