Alphabet: global annual net income 2011-2022

In the most recent fiscal year, Alphabet's net income amounted to 59 billion U.S. dollars, a decrease from the 76 billion U.S. dollars registered in the previous year. Alphabet Inc. is an American multinational conglomerate created in 2015 as the parent company of Google and several other companies previously owned by or tied to Google.

Alphabet: the company

Alphabet’s businesses not only include Google but also a wide range of other companies across various, mostly digital-related verticals. The sheer size of the company is even more evident when looking at the market capitalization of the largest U.S. internet companies. As of February 2022, Alphabet had a market cap of 1.78 trillion U.S. dollars, surpassing online shopping platform Amazon. The e-retailer had a market cap of more than 1.36 trillion U.S. dollars.