Alphabet Revenue: $258 Billion in 2021

Alphabet, the parent company of Google, reported $257.6 billion in revenue for fiscal year 2021, up 41% from 2020, in which they reported $182.5 billion in revenue. They made $76.0 billion in net income, after paying $178.9 billion in total expenses and provisioning $14.7 billion for income taxes.

Of the $257.6 billion Alphabet made in revenue, $209 billion came from advertising, with $149 billion coming from Google Search advertising alone. An additional $28.8 billion came from YouTube advertising, and another $31.7 billion from Google’s ad network. All-in-all, advertising comprised 80.5% of Alphabet’s revenue for the year.

Google also made $28.1 billion in revenue from other services, such as Gmail and Google Drive, while Google Cloud made $19.1 billion for the year. Of the $257.6 billion Alphabet made in 2021, $256.6 billion came from Google itself. That’s 99.6% of the total: when it comes to revenue, Alphabet pretty much is Google.

Alphabet also made roughly $700 million on “Other bets”, which include companies like Verily, a life sciences company. That money would make a pretty big difference in my bank account, but it’s a drop in the bucket for Alphabet – especially since these “Other bets” reported a net loss of $5 billion last year. Lately, Alphabet has been pruning these “Other bets”, either bringing them under Google or sunsetting them entirely.

Of Alphabet’s $178.9 billion in expenses for 2021, $110.9 billion were marked as cost of revenues. Additionally, $31.6 billion was spent on research and development, $22.9 billion on sales and marketing, and $13.5 billion on general and administrative expenses. After provisioning $14.7 billion for income taxes, Alphabet made a net income of $76.0 billion in 2021.

You can read more in Alphabet’s full earnings report for Q4 2021.

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Michael X. Heiligenstein

Michael X. Heiligenstein is the founder and managing editor of the Firewall Times. He has six years of experience in online publishing and marketing. Before founding the Firewall Times, he was Vice President of SEO at Fit Small Business, a website devoted to helping small business owners. He graduated from the University of Virginia with a degree in English and History.

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