Alphabet Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $110.86B | $90.27B | $74.99B | $66.00B | $55.52B |
| Cost of Revenue | $45.58B | $35.14B | $28.16B | $25.69B | $21.99B |
| Gross Profit | $65.27B | $55.13B | $46.83B | $40.31B | $33.53B |
| Gross Margin | 58.9% | 61.1% | 62.4% | 61.1% | 60.4% |
| Operating Expenses | |||||
| Research & Development | $16.63B | $13.95B | $12.28B | $9.83B | $7.14B |
| SG&A Expense | $6.84B | $6.99B | $6.14B | $5.85B | $4.43B |
| Operating Income | $26.18B | $23.72B | $19.36B | $16.50B | $15.40B |
| Operating Margin | 23.6% | 26.3% | 25.8% | 25.0% | 27.7% |
| Interest Expense | $109.0M | $124.0M | $104.0M | $101.0M | $81.0M |
| Pretax Income | $27.19B | $24.15B | $19.65B | $17.26B | $15.90B |
| Income Tax Expense | $14.53B | $4.67B | $3.30B | $3.64B | $2.74B |
| Net Income | $12.66B | $19.48B | $16.35B | $14.14B | $12.73B |
| Net Margin | 11.4% | 21.6% | 21.8% | 21.4% | 22.9% |
| EPS (Basic) | $18.27 | $28.32 | — | $20.91 | $19.13 |
| EPS (Diluted) | $18.00 | $27.85 | — | $20.57 | $18.79 |
| Shares Outstanding (Basic) | 694.8M | 691.3M | 687.3M | 680.2M | — |
| Shares Outstanding (Diluted) | 694.8M | 691.3M | 687.3M | 680.2M | — |
| Dividends Per Share | — | — | — | — | — |