The following is the 1q21 had a revenue of 55.314 billion US dollars and a net profit of 17.93 billion US dollars From Google recommended by recordtrend.com. And this article belongs to the classification: cloud computing, Enterprise financial report, Investment & Economy, Search Engines.
On April 28, 2021, Google’s parent company alpha released its first quarter financial report of 2021, which exceeded Wall Street’s expectation. According to the data, the total revenue of alphabet, the parent company of Google, was US $55.314 billion in the first quarter, up 34.2% year on year; Diluted earnings per share for the quarter was $26.29, up nearly 82% year on year.
1、 Q1 YouTube advertising revenue reached US $6.005 billion, up 49.00% year on year
Google’s advertising revenue (composed of website revenue and network revenue) was US $44.684 billion, up from US $33.763 billion in the same period last year. Compared with a year ago, Google’s advertising revenue in the first quarter of this year increased by 32%, exceeding the expectations of Wall Street analysts; The revenue of YouTube advertising business was US $6.005 billion, up 49% from US $4.038 billion in the same period last year.
In terms of revenue, Google’s advertising business is the global market leader, accounting for 81% of the parent company’s total revenue in the quarter, compared with 82% in the same period last year. Speaking on the company’s earnings call, alphabet chief executive Sundar Pichai said YouTube’s short video service had 6.5 billion daily visits, up from 3.5 billion at the end of January.
2、 Q1 cloud business revenue reached US $4.047 billion, up 46.00% year on year
Google cloud’s revenue in the first quarter was $4.047 billion, up from $2.777 billion in the same period last year; It’s up 46%, in line with Wall Street’s expectations.
Google recently began to disclose the operating losses of Google cloud, which better illustrates the extent to which Google’s advertising business continues to subsidize its cloud expansion. According to the financial report, Google cloud’s operating loss in the first quarter was $974 million, compared with $1.73 billion in the same period last year. In the earnings conference call, pollat said that while the growing size of Google cloud should help improve its business performance, Google will continue to “invest in building cloud organizations to achieve long-term performance.”
3、 Q1’s search business revenue was $31.9 billion, up 30% year on year
The revenue of Google’s search and other businesses was $31.879 billion, up 30% from $24.502 billion in the same period last year.
4、 Q1’s revenue was US $55.314 billion and net profit was US $17.93 billion
Google’s total revenue was US $55.3 billion, up 34% year-on-year, the fastest growth in at least 11 quarters, and the market expects us $51.61 billion.
Google’s operating profit in the first quarter was US $16.44 billion, up 30% year on year, and the market forecast was US $12.02 billion. The operating profit margin further increased to 30% from 28% in the previous quarter, and the market is expected to reach 22.4%.
The net profit in the first quarter was 17.93 billion US dollars, compared with 6.836 billion US dollars in the same period last year; Earnings per share was $26.29, up nearly 82% year-on-year, surpassing the record of $22.3 in the fourth quarter of last year.
Via Tencent technology read more: a lphabet:1Q20 Revenue in the first quarter was 41.159 billion US dollars, up 13% year on year. Net profit of Google’s parent company alpha: 2q20 was 6.959 billion US dollars, down 30% year on year Revenue of $56.898 billion, up 23% year on year US $14% year-on-year growth Baidu: 1q20 revenue 22.5 billion yuan, exceeding market expectations
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