Alphabet Inc. (GOOG) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Google Services		237,529	168,635	151,825	130,524
Google		19,206	13,059	8,918	5,838	110,547		74,544
Other Bets		753	657	659	595	477		445
Other		149	176	455
Total revenues	322,336	257,637	182,527	161,857	136,819	110,855	90,272	74,989
Revenue growth [+]	25.1%	41.2%	12.8%	18.3%	23.4%	22.8%	20.4%	13.6%
Google Services		40.9%	11.1%	16.3%
Google		47.1%	46.4%	52.8%	-94.7%			13.5%
Other Bets		14.6%	-0.3%	10.8%	24.7%			36.1%
Cost of goods sold	126,203	110,939	84,732	71,896	59,549	45,583	35,138	28,164
Gross profit	196,133	146,698	97,795	89,961	77,270	65,272	55,134	46,825
Gross margin	60.8%	56.9%	53.6%	55.6%	56.5%	58.9%	61.1%	62.4%
Selling, general and administrative [+]	42,291	36,422	28,998	28,015	23,256	19,733	17,470	15,183
Sales and marketing	26,567	22,912	17,946	18,464	16,333	12,893	10,485	9,047
General and administrative	15,724	13,510	11,052	9,551	6,923	6,840	6,985	6,136
Research and development		31,562	27,573	26,018	21,419	16,625	13,948	12,282
Other operating expenses	79,000
EBITDA [+]	91,411	91,155	54,921	47,709	41,630	35,829	29,860	24,423
EBITDA growth	0.3%	66.0%	15.1%	14.6%	16.2%	20.0%	22.3%	13.7%
EBITDA margin	28.4%	35.4%	30.1%	29.5%	30.4%	32.3%	33.1%	32.6%
Depreciation	15,928	11,555	12,905	10,856	8,164	6,103	5,267	4,132
EBITA	75,483	79,600	42,016	36,853	33,466	29,726	24,593	20,291
EBITA margin	23.4%	30.9%	23.0%	22.8%	24.5%	26.8%	27.2%	27.1%
Amortization of intangibles	641	886	792	925	871	812	877	931
EBIT [+]	74,842	78,714	41,224	35,928	32,595	28,914	23,716	19,360
EBIT growth	-4.9%	90.9%	14.7%	10.2%	12.7%	21.9%	22.5%	17.4%
EBIT margin	23.2%	30.6%	22.6%	22.2%	23.8%	26.1%	26.3%	25.8%
Non-recurring items [+]				1,697	5,071	2,736
Loss on contingent liability				1,697	5,071	2,736
Interest income, net [+]		1,499	1,865	2,427	1,878	1,312	1,220	999
Interest expense		346	135	100	114	109	124	104
Interest income		1,499	1,865	2,427	1,878	1,312	1,220	999
Other income (expense), net	-3,514	10,867	5,128	3,067	5,625	-188	-662	-604
Pre-tax income	71,328	90,734	48,082	39,625	34,913	27,193	24,150	19,651
Income taxes	11,356	14,701	7,813	5,282	4,177	14,531	4,672	3,303
Tax rate	15.9%	16.2%	16.2%	13.3%	12.0%	53.4%	19.3%	16.8%
Net income	59,972	76,033	40,269	34,343	30,736	12,662	19,478	15,826
Net margin	18.6%	29.5%	22.1%	21.2%	22.5%	11.4%	21.6%	21.1%

Basic EPS [+]		$113.88	$59.15	$49.59	$44.22	$18.27	$28.32	$23.12
Growth		92.5%	19.3%	12.1%	142.0%	-35.5%	22.5%	14.7%
Diluted EPS [+]		$105.15	$54.92	$46.09	$40.97	$16.87	$26.06	$21.25
Growth		91.5%	19.2%	12.5%	142.9%	-35.3%	22.6%	15.8%

Dividends per share [+]								$0.07
Growth							-100.0%

Shares outstanding (basic) [+]		668	681	693	695	693	688	685
Growth		-1.9%	-1.7%	-0.4%	0.3%	0.7%	0.5%	1.3%
Shares outstanding (diluted) [+]		723	733	745	750	751	748	745
Growth		-1.4%	-1.6%	-0.7%	-0.1%	0.4%	0.4%	0.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.