Company: GOOGL
Filing Date: 2025-02-05
Form Type: 10-K
Source: 0001652044-25-000014
Chunk: 129

Company: Alphabet Inc.
Filing Date: 2025-02-05
Form: 10-K
Item: Item 7
Chunk 129
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 to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.

•Repurchases of Class A and Class C shares were $11.9 billion and $50.2 billion, respectively, totaling $62.0 billion for the year ended December 31, 2024. For additional information, see Note 11 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.

•Employee severance and related charges for the year ended December 31, 2024 were $1.0 billion, a decrease of $1.1 billion as compared to the year ended December 31, 2023. Office space charges, including accelerated rent and accelerated depreciation, for the year ended December 31, 2024 were $796 million, a decrease of $1.3 billion as compared to the year ended December 31, 2023. Substantially all of these charges were included in Alphabet-level activities. 

•Operating cash flow was $125.3 billion for the year ended December 31, 2024.

•Capital expenditures, which primarily reflected investments in technical infrastructure, were $52.5 billion for the year ended December 31, 2024.

•As of December 31, 2024, we had 183,323 employees.

35.  

Table of ContentsAlphabet Inc.

Financial Results

Revenues

The following table presents revenues by type (in millions):

Year Ended December 31,20232024Google Search & other$175,033 $198,084 YouTube ads31,510 36,147 Google Network31,312 30,359 Google advertising237,855 264,590 Google subscriptions, platforms, and devices34,688 40,340 Google Services total272,543 304,930 Google Cloud33,088 43,229 Other Bets1,527 1,648 Hedging gains (losses)236 211 Total revenues$307,394 $350,018 

Google Services

Google advertising revenues

Google Search & other

Google Search & other revenues increased $23.1 billion from 2023 to 2024. The overall growth was driven by interrelated factors including increases in search queries resulting from growth in user adoption and usage on mobile devices; growth in advertiser spending; and improvements we have made in ad formats and delivery.

YouTube ads

YouTube ads revenues increased $4.