Alphabet continued to show Double-Digit Growth in 2022 Q1

Alphabet (NASDAQ: GOOGL) announced its 2022 Q1 financial results on April 26th, 2022. According to the announcement, revenues, operating income, and net income were up 23%, up 22%, and down 8%, respectively (YoY, 3 months). In addition, free cash flow was up 15% (YoY, 3 months).

As for the revenues by segment, Google Cloud had the highest growth of up 44% (YoY, 3 months). This was followed by Google Search of up 24%, Google Network of up 20%, and YouTube Ads of up 14%.

Reviewing by region, Americas other than United States grew the most of up 44%. It was followed by APAC of up 39% and United States of up 33% (constant currency basis, YoY, 3 months).

Photo by Brett Jordan on Unsplash

According to the announcement, Alphabet’s Board of Directors authorized the company to repurchase up to an additional 70.0 billion USD of its Class A and Class C shares. 

Watanabe & Brothers’ Investment will continue to invest in Alphabet from a long-term perspective.

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