Revenue Growth Accelerates, Driven by Core Strength GOOG's revenue growth decelerated from 9.8% in 2022 to 8.7% in 2023, likely reflecting macroeconomic headwinds and normalization post-pandemic surge. However, the latest...
Profitability Bounces Back Strongly with Margin Expansion After a dip in 2022, GOOG's profitability has rebounded impressively. Operating margin declined from 30.6% in 2021 to 26.5% in 2022 and 27.4%...
Strategic Investments Yielding Efficiency, Supporting Moats GOOG significantly increased R&D spending from $31.6B (12.3% of revenue) in 2021 to $49.3B (14.1% of revenue) in the 2024 TTM. This sustained investment,...
AI & Cloud Offer Growth Runway Amidst Regulatory Clouds The substantial R&D spend reflects GOOG's focus on future growth areas like Artificial Intelligence and Google Cloud. These represent significant future...