The chart above displays the net income of Alphabet from 2011 to 2022. The company experienced a 10% increase in it net revenue in 2022 compared to the prior year, but its net income declined by 21%. Alphabet’s annual net income was $59.972 billion in 2022 compared to $76.033 billion in 2021. Its cost of expenses increased 14% and operating expenses by 20% in 2022 compared to the prior year.
Net Income of Alphabet (parent company of Google) 2011-2022
Amounts in millions.
Alphabet’s net income (2011-2022) in millions
| Year | Net Income (Millions) |
| 2022 | $59,972 |
| 2021 | $76,033 |
| 2020 | $40,269 |
| 2019 | $34,343 |
| 2018 | $30,736 |
| 2017 | $12,662 |
| 2016 | $19,478 |
| 2015 | $16,348 |
| 2014 | $14,136 |
| 2013 | $ 12,733 |
| 2012 | $10,619 |
| 2011 | $ 9,706 |
2021: In fiscal 2021, the net income of Alphabet Inc, the parent compant of Google, grew by 89% compared to the previous year. Its net income for 2021 remained $76 billion compared to $40.3 billion in 2020. The company has broken all its previous records in terms of net revenues in 2021. Its total net revenues for 2021 surged past $250 billion (highest in its history.)
The net income of Alphabet rose to $34.34 billion in 2019 from $30.74 billion in 2018.
Net Income of Alphabet rose to $30.7 billion in 2018 from $12.7 billion in 2017.
The net income of Alphabet Inc in 2017 was 12.7 Billion dollars which was lower than its net income for the previous year. In 2016, its net income was 19.5 Billion dollars.
About Alphabet:
Alphabet is the parent company of Google. It has its headquarters located at Mountain View California, United States.
Apart from its google search engine and advertising products, Alphabet offers a vast range of products including Cloud services and other services like Chrome Browser and Google Maps.
The CEO of Alphabet is Sundar Pichai. Alphabet’s main source of revenue if digital advertising followed by cloud services. It also owns YouTube and some other businesses that are collectively called Other Bets.