In the third quarter of 2024, Google's parent company Alphabet reported a net income of over 26.3 billion U.S. dollars. This represents an increase from the 19.6 billion U.S. dollars generated in the corresponding quarter of the previous year and is the highest quarterly net income registered by the company so far.
Net income of Alphabet from 1st quarter 2014 to 3rd quarter 2024
(in million U.S. dollars)
Characteristic
Net income in million U.S. dollars
Q3 '24
26,301
Q2 '24
23,619
Q1 '24
23,662
Q4 '23
20,687
Q3 '23
19,689
Q2 '23
18,368
Q1 '23
15,051
Q4 `22
13,624
Q3 '22
13,910
Q2 '22
16,002
Q1 '22
16,436
Q4 '21
20,642
Q3 '21
18,936
Q2 '21
18,525
Q1 '21
17,930
Q4 '20
15,227
Q3 '20
11,247
Q2 '20
6,959
Q1 '20
6,836
Q4 '19
10,671
Q3 '19
7,068
Q2 '19
9,947
Q1 '19**
6,657
Q4 '18
8,948
Q3 '18
9,192
Q2 '18*
3,195
Q1 '18
9,401
Q4 '17
-3,020
Q3 '17
6,732
Q2 '17*
3,524
Q1 '17
5,426
Q4 '16
5,333
Q3 '16
5,061
Q2 '16
4,877
Q1 '16
4,207
Q4 '15
4,923
Q3 '15
3,979
Q2 '15
3,931
Q1 '15
3,515
Q4 '14
4,675
Q3 '14
2,739
Q2 '14
3,351
Q1 '14
3,371
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GAAP net income; Google and Other Bets; Including Fines (GAAP)
Supplementary notes
*On July 18, 2018, the European Commission (EC) decided that certain contractual provisions in agreements between Google and Android partners infringed European competition law and fined Alphabet with a €4.34 billion ($5.07 billion as of June 30, 2018) fine.
** On March 20, 2019 by the European Commission (EC) decided that certain contractual provisions in agreements that Google had with AdSense for Search partners infringed European competition law and fined Alphabet €1.5 billion ($1.7 billion as of March 31, 2019) fine.
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Alphabet. (October 29, 2024). Net income of Alphabet from 1st quarter 2014 to 3rd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/540115/alphabet-quarterly-net-income/
Alphabet. "Net income of Alphabet from 1st quarter 2014 to 3rd quarter 2024 (in million U.S. dollars)." Chart. October 29, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/540115/alphabet-quarterly-net-income/
Alphabet. (2024). Net income of Alphabet from 1st quarter 2014 to 3rd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/540115/alphabet-quarterly-net-income/
Alphabet. "Net Income of Alphabet from 1st Quarter 2014 to 3rd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/statistics/540115/alphabet-quarterly-net-income/
Alphabet, Net income of Alphabet from 1st quarter 2014 to 3rd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/540115/alphabet-quarterly-net-income/ (last visited November 22, 2024)
Net income of Alphabet from 1st quarter 2014 to 3rd quarter 2024 (in million U.S. dollars) [Graph], Alphabet, October 29, 2024. [Online]. Available: https://www.statista.com/statistics/540115/alphabet-quarterly-net-income/
