Alphabet Inc (google) Class C · NASDAQ:GOOG
Alphabet Inc (google) Class C — Alphabet — Q1 2025 Earnings Presentation
10 slides from Alphabet Inc (google) Class C's earnings presentation, Apr 24, 2025
Slide 1: Q1 2025 Earnings
Q1 2025 Earnings April 24, 2025
Slide 2: Note About Forward-Looking Statements and Non-GAAP Financial Measures
Q1 2025 Earnings Note About Forward-Looking Statements and Non-GAAP Financial Measures This presentation may contain forward-looking statements regarding our business, operations, and financial performance. Such statements are based on current expectations and assumptions that are subject to a numbe
Slide 3: Alphabet Income Statement
Q1 2025 Earnings Alphabet Income Statement in Millions, except Percentages and EPS; unaudited Q1'24 Q1'25 Y/Y Revenues $80,539 $90,234 12% Costs and Expenses: Cost of Revenues 33,712 36,361 8% Research and Development 11,903 13,556 14% Sales and Marketing 6,426 6,172 -4% General and Administrative 3
Slide 4: Revenues and Operating Income
Q1 2025 Earnings Alphabet Revenues and Operating Income in Millions, except Percentages; unaudited $100,000 Operating Income ($MM) $90,234 $40,000 $90,000 Revenues ($MM) $80,539 $30,606 $80,000 $30,000 $25,472 $70,000 $20,000 $60,000 $10,000 $50,000 $0 Q1’24 Q1’25 Q1’24 Q1’25 Y/Y Growth +15% +12% Op
Slide 5: Cost of Revenues and Operating Expenses
Q1 2025 Earnings Alphabet Cost of Revenues and Operating Expenses in Millions, except Percentages; unaudited Total TAC Other Cost of Revenues Research & Development Sales & Marketing General & Administrative $40,000 $40,000 $36,361 Operating Expenses ($MM) Cost of Revenues ($MM) $33,712 $22,613 $30,
Slide 6: Google Services Revenues and Operating Income
Q1 2025 Earnings Google Services Revenues and Operating Income in Millions, except Percentages; unaudited Google Search & Other YouTube Ads Google Network Subscriptions, Platforms & Devices $80,000 $77,264 $40,000 $70,398 Operating Income ($MM) $10,379 +19% Y/Y $32,682 $8,739 Revenues ($MM) $7,256 -
Slide 7: Google Cloud Revenues and Operating Income
Q1 2025 Earnings Google Cloud Revenues and Operating Income in Millions, except Percentages; unaudited $12,260 $12,500 Operating Income ($MM) $3,000 Revenues ($MM) $9,574 $10,000 $2,177 $2,000 $7,500 $900 $1,000 $5,000 $0 Q1’24 Q1’25 Q1’24 Q1’25 Y/Y Growth +28% +28% Operating Margin 9.4% 17.8%
Slide 8: Capital Expenditures
Q1 2025 Earnings Alphabet Capital Expenditures in Millions, except Percentages; unaudited $20,000 $17,197 Capital Expenditures ($MM) $14,276 $15,000 $13,186 $13,061 $12,012 $10,000 $5,000 $0 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Y/Y Growth +91% +91% +62% +30% +43%
Slide 9: Trailing Twelve Months Free Cash Flow
Q1 2025 Earnings Trailing Twelve Months Free Cash Flow* in Millions, except Percentages; unaudited Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q1’25 Y/Y Net cash provided by operating activities 28,848 26,640 30,698 39,113 36,150 25% Purchases of property and equipment (12,012) (13,186) (13,061) (14,276) (17,197)
Slide 10: Reconciliation from GAAP Net Cash Provided by Operating Activities to Non-GAAP Free Cash Flow
Q1 2025 Earnings Reconciliation from GAAP Net Cash Provided by Operating Activities to Non-GAAP Free Cash Flow We provide non-GAAP free cash flow for the current quarter and trailing twelve months (“TTM”) because it is a liquidity measure that provides useful information to management and investors