Alphabet said consolidated revenue for Q3 2024 rose 15% year over year (16% in constant currency) to $88.3 billion. Operating income was $28,521 million, and operating margin was 32%.

1. 01

   Alphabet said consolidated revenue for Q3 2024 rose 15% year over year (16% in constant currency) to $88.3 billion. Operating income was $28,521 million, and operating margin was 32%.

2. 02

   The company said Google Services revenue for Q3 rose 13% to $76.5 billion, and Google Cloud revenue rose 35% to $11.4 billion. Google Cloud operating income was $1,947 million, compared with $266 million a year earlier.

3. 03

   Alphabet said net income for Q3 was $26,301 million, and diluted earnings per share were $2.12. It said gains on equity securities of $1.8 billion, among other items, increased net income by $1.5 billion and diluted EPS by $0.12.

4. 04

   Alphabet said net cash provided by operating activities for Q3 was $30,698 million, and free cash flow, after deducting purchases of property and equipment of $13,061 million, was $17,637 million. It also announced a cash dividend of $0.20 per share.

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Original filing

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