OneChart Earnings

Alphabet (GOOGL) FY2023 income statement Sankey chart

Source: 10-K · filed 2024-01-31 · SEC EDGAR · GAAP

Alphabet (GOOGL) FY2023 income statement Sankey chart: revenue sources, costs, expenses and profit

Alphabet (GOOGL) FY2023 (year ended 2023-12-31): revenue $307.4B (+9% Y/Y), gross profit $174.1B, operating income $84.3B, net income $73.8B (24% margin). Sankey chart of where the money comes from and goes, from the 10-K filed 2024-01-31.

How to read this chart

Left: where revenue comes from, flowing into total revenue in the middle. Green bands are profit, red bands are costs and expenses. Wider band = bigger amount. "Y/Y" = vs. the same period a year earlier.

  • Out of every 100 dollars of revenue, 24 dollars ended up as net profit.
  • The biggest single cost is Cost of revenue: $133.3B, or 43% of revenue.
  • Gross margin 56.6%, up 1.2 percentage points from a year earlier (55.4%).

Worth noting

  • Restructuring $3.9B

Cash flow

Operating cash flow $101.7B, capex $32.3B, free cash flow (derived = OCF − capex) $69.5B.

Key figures

ItemFY2023Prior yearY/Y% of revenue
Revenue$307.4B$282.8B+9%—
Cost of revenue$133.3B$126.2B+6%43.4%
Gross profit$174.1B$156.6B+11%56.6%
Operating expenses$89.8B$81.8B+10%29.2%
Operating income$84.3B$74.8B+13%27.4%
Net income$73.8B$60.0B+23%24.0%

Source: Alphabet Form 10-K filed Jan 31, 2024 (accession 0001652044-24-000022) via SEC EDGAR · FY23 = fiscal year ended Dec 31, 2023 · GAAP, as reported · Y/Y vs. prior-year period · Note: revenue split from XBRL StatementBusinessSegmentsAxis; 'Hedging gains' = total revenue − sum of segments = $236M; · cost of revenue split from the filing's MD&A table (not XBRL), checked against the XBRL total; · non-operating income split using the filing's note (e.g. gains on equity securities); 'other' = statement line − parts; (±N pp) = change vs the prior-year period in percentage points · Not investment advice / 不构成投资建议 · Created 2026-10-24 · OneChart Earnings · onechartearnings.com