Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.


Google’s umbrella company Alphabet brought in $24.75 billion in revenue and $7.73 earnings per share in the first quarter of 2017, according to the company’s earnings release out today.

Analysts expected less from Alphabet: about $24.19 billion in revenue and $7.40 earnings per share.

Here are some key numbers from Alphabet’s Q1 2017 report.

  • 👀  99 percent — The chunk of Alphabet’s revenue that came from Google in Q1 2017. Some perspective as Alphabet’s many moonshots continue attracting eyeballs.
  • 48 percent — Revenue from Alphabet’s “Other Bets” jumped this much in one year, from $165 million in Q1 2016 to $244 million in Q1 2017.
  • 🌝  $855 million — Alphabet losses from Other Bets in Q1, including moonshots like self-driving cars and smart thermostats. It’s up 10 percent from $774 million last year.
  • ??? — Google’s hardware revenue. A total mystery. After Google’s predictable (and seemingly successful) Pixel launch, the company still isn’t saying much about the money it makes hawking hardware.
  • 📈  4 percent — Alphabet’s stock rose this much after its earnings announcement hit the wires. During regular trading, it was up slightly by less than one percent.
  • ☁️  $3 billion — The money Google makes from things other than ads, like its growing cloud business.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform
  • networking features, and more
Become a member