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166% increase! Google reported a net profit of more than $18 billion in the second quarter

Share the news to friends and circles of friends with wechat scanning QR code < / P > < p > on July 28, Google's parent company alphabet announced its financial results for the second quarter of 2021 as of June 30 after the closing of the U.S. stock market on Tuesday, local time. The report shows that the total revenue of alphabet in the second quarter was US $61.88 billion, an increase of 62% over US $38.297 billion in the same period last year; The net profit in the second quarter was US $18.525 billion, an increase of 166.2% over US $6.959 billion in the same period last year; Diluted earnings per share in the second quarter was $27.26, compared with $10.13 in the same period last year < p > < / P > < p > main performance in the first quarter: < / P > < p > revenue < / P > < p > alphabet's total revenue in the second quarter was US $61.88 billion, an increase of 62% over US $38.297 billion in the same period of the previous year, excluding the impact of exchange rate changes, a year-on-year increase of 57% < p > according to the division of business departments, the revenue of alphabet from its "Google service" department in the second quarter was US $57.067 billion, higher than US $34.991 billion in the same period last year < p > the second quarter revenue of Google advertising business of "Google services" department was $50.444 billion, compared with $29.867 billion in the same period last year. The second quarter revenue from YouTube advertising business, a video social platform, was $702 million, up from $3812 million in the same period last year < p > in the second quarter, the revenue of alphabet from its "Google cloud" department was US $4.628 billion, higher than US $3.007 billion in the same period of the year < p > in the second quarter, alphabet's revenue from "othor bets" business was $192 million, up from $148 million in the same period last year < p > by region, the revenue of alphabet from EMEA (Europe, Middle East and Africa) in the second quarter was US $19.084 billion, a year-on-year increase of 68% and a month on month increase of 12%. Not in accordance with US GAAP (excluding the impact of exchange rate changes), calculated at the exchange rate of the same period last year, the revenue of alphabet from EMEA in the second quarter was US $17.659 billion, a year-on-year increase of 55%; According to the exchange rate of the previous quarter, the revenue of alphabet from EMEA in the second quarter was US $19.163 billion, an increase of 13% month on month < p > in the second quarter, the revenue of alphabet from the Asia Pacific region (APAC) was US $11.231 billion, an increase of 62% year-on-year and 7% month on month. Not in accordance with US GAAP (excluding the impact of exchange rate changes), calculated at the exchange rate of the same period last year, the revenue of alphabet from the Asia Pacific region in the second quarter was US $10.881 billion, a year-on-year increase of 57%; According to the exchange rate of the previous quarter, the revenue of alphabet from the Asia Pacific region in the second quarter was US $11.389 billion, an increase of 9% month on month < p > in the second quarter, alphabet's revenue from the United States was $28.208 billion, a year-on-year increase of 57% and a month-on-month increase of 13% < p > in the second quarter, the revenue of alphabet from other regions in the Americas was US $3.364 billion, a year-on-year increase of 83% and a month on month increase of 16%. Not in accordance with US GAAP (excluding the impact of exchange rate changes), calculated at the exchange rate of the same period last year, the revenue of alphabet from other regions in the Americas in the second quarter was US $3.252 billion, a year-on-year increase of 77%; According to the exchange rate of the previous quarter, the revenue of alphabet from other parts of the Americas in the second quarter was US $3.371 billion, an increase of 16% month on month < p > the traffic acquisition cost (TAC) of alphabet in the second quarter was US $10.929 billion, higher than US $6.694 billion in the same period last year < p > revenue costs and expenses < / P > < p > the total costs and expenses of alphabet in the second quarter were US $42.519 billion, higher than US $31.914 billion in the same period last year. Among them, the revenue cost of alphabet in the second quarter was US $26.227 billion, higher than US $18.553 billion in the same period last year; R & D expenditure was US $7.675 billion, higher than US $6.875 billion in the same period last year; Sales and marketing expenditure was US $5.276 billion, higher than US $3.901 billion in the same period last year; General and administrative expenditure was $3.341 billion, up from $2.585 billion in the same period last year < p > operating profit and operating profit margin < / P > < p > alphabet's operating profit in the second quarter was US $19.361 billion, higher than US $6.383 billion in the same period last year < p > the operating profit margin of alphabet in the second quarter was 31%, higher than 17% in the same period last year < p > in the first quarter, the operating profit of "Google services" under alphabet was US $22.343 billion, compared with us $9.539 billion in the same period last year“ Google's "cloud" department suffered an operating loss of $591 million in the second quarter, compared with an operating loss of $1.426 billion in the same period last year“ The "othor bets" business suffered an operating loss of $1.398 billion in the second quarter, compared with an operating loss of $1.116 billion in the same period last year < p > net profit < / P > < p > the net profit of alphabet in the second quarter was US $18.525 billion, an increase of 166.2% over US $6.959 billion in the same period last year < p > diluted earnings per share of alphabet in the second quarter was $27.26, compared with $10.13 in the same period last year < p > as of June 30, 2021, the total amount of cash and cash equivalents held by alphabet was USD 23.630 billion; As of the same period last year, the total amount of cash and cash equivalents held by alphabet was US $17.742 billion < p > executive comments < / P > < p > alphabet and Google CEO Sundar Pichai said, "in the second quarter, the online activities of users around the world continued to grow. We are very proud that the services we provide have helped so many consumers and enterprises. Our long-term investment in artificial intelligence (AI) and Google cloud services is helping us significantly improve the digital experience of every user. " < p > Ruth Porat, chief financial officer of alphabet and Google, said, "our revenue in the second quarter was very strong, reaching $61.9 billion. This reflects an increase in consumers' online activities and a broad increase in advertisers' spending. In addition, our good performance in the second quarter is due to the excellent execution of our team. " < p > analysts' expectations compared with < / P > < p > alphabet's second quarter revenue of US $61.88 billion and a year-on-year increase of 62%, which were significantly better than Wall Street analysts' expectations; Diluted earnings per share in the second quarter was $27.26, better than Wall Street analysts expected < p > according to the data summarized by Yahoo Finance, the average expectation of 28 analysts on Wall Street was that the revenue of alphabet in the second quarter was US $56.03 billion, a year-on-year increase of 46.30%; The average expectation of 27 analysts was that alphabet's diluted earnings per share in the second quarter was $19.14

caused widespread growth in Internet advertisers due to the COVID-19 epidemic. In the second quarter, the revenue of Google advertising and its YouTube advertising services reached $50 billion 444 million and $7 billion 2 million respectively, higher than those expected by Wall Street analysts for $44 billion 900 million and $6 billion 300 million. p> < p > share price change < / P > < p > Tuesday local time in the United States ?
2023-03-22 10:04:39

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