The chart above displays the quarterly cost of revenues of Alphabet Inc (the parent company of Google) from 2020 to 2023. In the first quarter of 2023, the cost of revenues of Alphabet grew by $1 billion compared to the same quarter of the prior year. Its cost of revenues in the first quarter of 2022 were $29.6 billion and grew to $30.6 billion in the first quarter of 2023.
Alphabet Quarterly Cost of Revenues 2014-2023
Amounts in millions.
| FY 2023 | Cost of Revenues |
| Q1 | $30,612 |
| FY 2022 | Cost of Revenues (millions) |
| Q1 | $29,599 |
| Q2 | $30,104 |
| Q3 | $31,158 |
| Q4 | $35,342 |
| Total | $126,203 |
| FY 2021 | Cost of Revenues ($millions) |
| Q1 | $24,103 |
| Q2 | $26,227 |
| Q3 | $27,621 |
| Q4 | $32,988 |
| Total | $110,939 |
Alphabet Inc’s total cost of revenues grew by around 31% in 2021 compared to the last year. Its total cost of revenues grew to $110.9 billion in 2021 compared to $84.7 billion in 2020.
Its cost of revenues remained the highest during the fourth quarter at $33 billion compared to $26.1 billion during the same period in the previosu year.
| FY 2020 | Cost of revenues ($millions) |
| Q1 | $18,982 |
| Q2 | $18,553 |
| Q3 | $21,117 |
| Q4 | $26,080 |
| Total | $84,732 |
Accordint to Alphabet Inc’s annual report for 2020, “Cost of revenues increased $12,836 million from 2019 to 2020. The increase was due to increases in other
cost of revenues and TAC of $10,147 million and $2,689 million, respectively. “
Its total cost of revenues for 2020 reached $84,732 million compaerd to $71,896 million in 2019. Cost of revenues remained the highest during the fourth quarter of 2020 when it reached $26.1 billion, compared to $21 billion during the same period in the last year.
| 2019 | Costs of Revenues ($mn) |
| Q1 | $16,012 |
| Q2 | $17,296 |
| Q3 | $17,568 |
| Q4 | $21,020 |
| Total | $71,896 |
Alphabet Inc’s total costs of revenue for fiscal 2019 were 44.4% of its net revenue for the year compared to 43.5% last year. Net cost of revenues for 2019 was $71.9 billion in 2019 compared to $59.55 billion in 2018.
| FY 2018 | Cost of Revenues (Millions) |
| Q1 | $13,467 |
| Q2 | $13,883 |
| Q3 | $14,281 |
| Q4 | $17,918 |
| Total | $59,549 |
| FY 2017 | Cost of Revenues (Millions) |
| Q1 | $9,795 |
| Q2 | $10,373 |
| Q3 | $11,148 |
| Q4 | $14,267 |
| FY 2016 | Cost of Revenues (Millions) |
| Q1 | 7,648 |
| Q2 | 8,130 |
| Q3 | 8,699 |
| Q4 | 10,661 |
| FY 2015 | Cost of Revenues (millions) |
| Q1 | $6,356 |
| Q2 | $6,583 |
| Q3 | $7,037 |
| Q4 | $8,188 |
| FY 2014 | Cost of revenues (millions) |
| Q1 | $5,961 |
| Q2 | $6,114 |
| Q3 | $6,695 |
| Q4 | $6,921 |
About Alphabet:
Alphabet is the parent company of Google. It has its headquarters located at Mountain View California, United States.
Apart from its google search engine and advertising products, Alphabet offers a vast range of products including Cloud services and other services like Chrome Browser and Google Maps.
The CEO of Alphabet is Sundar Pichai. Alphabet’s main source of revenue if digital advertising followed by cloud services. It also owns YouTube and some other businesses that are collectively called Other Bets