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AI English summary of an SEC filing — figures as filed

Alphabet logoAlphabet GOOG

The company said revenue for the quarter ended June 30, 2024 was $84,742 million ($74,604 million a year earlier), up 14% from the year-earlier period, with operating income of $27,425 million and net income of $23,619 million.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for the quarter ended June 30, 2024 was $84,742 million ($74,604 million a year earlier), up 14% from the year-earlier period, with operating income of $27,425 million and net income of $23,619 million.

  2. Alphabet said Google Cloud revenue for Q2 2024 was $10,347 million ($8,031 million a year earlier), with operating income of $1,172 million ($395 million a year earlier).

  3. The company said net cash provided by operating activities for Q2 2024 was $26,640 million, purchases of property and equipment were $13,186 million, and free cash flow, calculated by subtracting those purchases, was $13,454 million.

  4. Alphabet announced a cash dividend of $0.20 per share on its Class A, Class B and Class C shares on July 23, 2024, payable on September 16, 2024 to holders of record as of September 9. Dividend payments for the 3 months ended June 30, 2024 totaled $2.5 billion.

Summary

AI-written

Analysis 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.

Q2 2024 Revenue, Operating Income and Net Income

The company said revenue for the quarter ended June 30, 2024 was $84,742 million ($74,604 million a year earlier), up 14% from the year-earlier period, with operating income of $27,425 million and net income of $23,619 million.

Source · Based on the filing body and exhibits

Google Cloud Revenue and Operating Income

Alphabet said Google Cloud revenue for Q2 2024 was $10,347 million ($8,031 million a year earlier), with operating income of $1,172 million ($395 million a year earlier).

Source · Based on the filing body and exhibits

Q2 Free Cash Flow and Capital Expenditures

The company said net cash provided by operating activities for Q2 2024 was $26,640 million, purchases of property and equipment were $13,186 million, and free cash flow, calculated by subtracting those purchases, was $13,454 million.

Source · Based on the filing body and exhibits

Dividend Declared Per Share and Q2 Dividend Payments

Alphabet announced a cash dividend of $0.20 per share on its Class A, Class B and Class C shares on July 23, 2024, payable on September 16, 2024 to holders of record as of September 9. Dividend payments for the 3 months ended June 30, 2024 totaled $2.5 billion.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.