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The above graph represents the Alphabet net income by quarter, starting from fiscal Q4 2014 to the recently completed quarter. The company achieved more than $10 billion in net profit for the first time since its inception in late 2015. Alphabet quarterly net income reached an all-time high of $10,671 million in Q4 2019, with a strong 19.3% YoY growth.
| Region | Worldwide |
| Source | Alphabet Inc. |
| Graph ID | 706 |
| Note | Alphabet fiscal year starts from January 1st |
On a quarterly basis, the company reported an impressive 51% growth in its Q4 2019 net profit, increased from $7,068 million in Q3 2019.
As the graph shows, Alphabet reported a massive decline in its net income, from $6,732 million in Q3 2017 to -$3,020 million in Q4 2017. This was primarily due to Tax Act which was enacted on December 22, 2017 and resulted in additional tax expense of $9.9 billion in the fourth quarter of 2017.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.
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