Google’s parent company reports solid Q3 results

Alphabet just released its quarterly financial report, and the results are better than expected by analysts. Yearly sales rose 41% to $65.1 billion, while profit between July and September was nearly $19 billion (or $27.99 per share), beating expectations of $24.08 per share.

Q3 2020 (in $ million)
Q3 2021 (in $ million)
Change

Revenue
46.173
65.118
41%

Income
11.247
18.936
68%

The biggest chunk of income comes from Google advertising, with $53.1 billion brought in by the division that includes…

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