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Alphabet (GOOGL) FY2024 income statement Sankey chart

Source: 10-K · filed 2025-02-05 · SEC EDGAR · GAAP

Alphabet (GOOGL) FY2024 income statement Sankey chart: revenue sources, costs, expenses and profit

Alphabet (GOOGL) FY2024 (year ended 2024-12-31): revenue $350.0B (+14% Y/Y), gross profit $203.7B, operating income $112.4B, net income $100.1B (29% margin). Sankey chart of where the money comes from and goes, from the 10-K filed 2025-02-05.

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, 29 dollars ended up as net profit.
  • The biggest single cost is Cost of revenue: $146.3B, or 42% of revenue.
  • Gross margin 58.2%, up 1.6 percentage points from a year earlier (56.6%).

Worth noting

  • Gains/losses on investments $3.7B

Cash flow

Operating cash flow $125.3B, capex $52.5B, free cash flow (derived = OCF − capex) $72.8B.

Key figures

ItemFY2024Prior yearY/Y% of revenue
Revenue$350.0B$307.4B+14%—
Cost of revenue$146.3B$133.3B+10%41.8%
Gross profit$203.7B$174.1B+17%58.2%
Operating expenses$91.3B$89.8B+2%26.1%
Operating income$112.4B$84.3B+33%32.1%
Net income$100.1B$73.8B+36%28.6%

Source: Alphabet Form 10-K filed Feb 5, 2025 (accession 0001652044-25-000014) via SEC EDGAR · FY24 = fiscal year ended Dec 31, 2024 · GAAP, as reported · Y/Y vs. prior-year period · Note: 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