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Alphabet Financials
Alphabet Inc. (NASDAQ: GOOG, GOOGL)
Google Services
2019
2020
Revenue
US$151.825 billion
US$168.635 billion
Operating Income
US$48.999 billion (loss)
US$54.606 billion (loss)
Google Cloud
Google Cloud has an increased revenue of $13.06 billion (2020) over the previous year's revenue of $8.92 billion, but there is still over a $1 billion loss in a year. Comparing revenue growth rate vs loss, Google Cloud seems to be on a profitable path considering the early nature of the business and the yet untapped potential of Cloud and Quantum computing.
2019
2020
Revenue
US$8.918 billion
US$13.059 billion
Operating Income
US$4.645 billion (loss)
US$5.607 billion (loss)
References
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