Google has released its earnings for Q4 of 2015 and the entirety of the year. The company showed strong growth in revenues compared to last year, with $21.3 billion in revenue for the quarter, with $74.5 billion for all of 2015.
Due to the move to the new holding company of Alphabet, earnings for Google as we know it — search, ads, YouTube, Chrome, Nexus, Google Play, etc. — have been separated from some "Other Bets," such as Google Fiber and Nest. This may lead to some confusion when comparing to past earnings reports, but going forward will bring clarity to how Google itself is performing.
On to the earnings.
- 2015 revenues of $74.5 billion, up 13 percent year-over-year
- Q4 revenues of $21.3 billion, up 18 percent year-over-year
- Q4 net income $4.9 billion, up from $4.6 billion in 2014
- Earnings Per Share (EPS) of $7.06, up from $6.79 in 2014
- Capital expenditures for the quarter were $2.1 billion
- Google's effective tax rate was 5%, down from 18% in 2014
As for those "Other Bets," which includes anscillary businesses like Google Fiber, Google Ventures, X, Calico, etc., earnings came out to $448 million in 2015, compared to $327 million for 2014. There was an operating loss with "Other Bets" of $3.57 billion.
If you're interested in the nitty-gritty details of the earnings, you can follow the earnings livestream right here at 4:30 p.m. ET.
Source: Google Investor Relations