Google makes history by breaking the $100 billion profit barrier

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The US company that owns firms like Google and YouTube, Alphabet, has reported a net profit of 100,118 million dollars, which at the turn of the year is about 96,468 million euros) at the end of last year 2024, a 36% more year-on-year.The company's revenues also skyrocketed at the end of the year, up to 350,018 million, 14% more.The company's CEO, Sundar Pichai, highlighted its good performance in the fourth quarter, which attributed to its "lea…

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Alphabet, the owner of Google, has become the first major technology company (and the first private company in history) to exceed the bar of 100 billion dollars of net profit in one year. The company increased its revenues by 14% in 2024, to 350,018 million dollars (337 billion euros at the current exchange rate). The profit went up by 36%, to 100,113 million dollars, driven largely by the business coupled with artificial intelligence, according…

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Alphabet, Google's matrix, obtained a net profit of 100,118 million dollars (96,791 million euros) at the end of 2024, representing an improvement of 35.7% over the previous year and a new record for the multinational.

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Google is making more revenue and increasing its margins at the same time. This is bringing record profits to Alphabet. But the company is spending even more money.

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Alphabet, owner of Google and YouTube, announced Tuesday a net profit of 100,118 million dollars (about 96,467 million euros) at the end of the financial year 2024, 36% more year-on-year, and revenues of 350,018 million, 14% more.