AI English summary of an SEC filing — figures as filed
Alphabet said consolidated revenues for Q4 2023 were $86,310 million, up 13% from $76,048 million a year earlier. The company reported operating income of $23,697 million and an operating margin of 27%.
Key points
AI summaryAlphabet said consolidated revenues for Q4 2023 were $86,310 million, up 13% from $76,048 million a year earlier. The company reported operating income of $23,697 million and an operating margin of 27%.
The company reported Google Cloud revenues of $9,192 million and operating income of $864 million for Q4 2023, compared with an operating loss of $186 million a year earlier. Google Services operating income was $26,730 million.
For Q4 2023, Alphabet said total severance and office space charges were $1,203 million, and 2023 full-year charges totaled $3,933 million. It added that a substantial majority of these charges are included in Alphabet-level activities.
Alphabet said net cash provided by operating activities was $18,915 million for Q4 2023, and free cash flow, after deducting purchases of property and equipment of $11,019 million, was $7,896 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 2023 Consolidated Revenue and Operating Income
Alphabet said consolidated revenues for Q4 2023 were $86,310 million, up 13% from $76,048 million a year earlier. The company reported operating income of $23,697 million and an operating margin of 27%.
Source · Based on the filing body and exhibits
Q4 Segment Revenue and Operating Income (Loss)
The company reported Google Cloud revenues of $9,192 million and operating income of $864 million for Q4 2023, compared with an operating loss of $186 million a year earlier. Google Services operating income was $26,730 million.
Source · Based on the filing body and exhibits
Workforce Reduction and Office Space Charges
For Q4 2023, Alphabet said total severance and office space charges were $1,203 million, and 2023 full-year charges totaled $3,933 million. It added that a substantial majority of these charges are included in Alphabet-level activities.
Source · Based on the filing body and exhibits
Q4 Operating Cash Flow and Free Cash Flow
Alphabet said net cash provided by operating activities was $18,915 million for Q4 2023, and free cash flow, after deducting purchases of property and equipment of $11,019 million, was $7,896 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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