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Alphabet Inc.
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CONSOLIDATED STATEMENTS OF INCOME
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(In millions, except per share amounts; unaudited)
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Three Months Ended Six Months Ended
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June 30, June 30,
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2015 2016 2015 2016
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Revenues $17,727 $21,500 $34,985 $41,757
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Costs and expenses:
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Cost of revenues 6,583 8,130 12,939 15,778
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Research and development 2,789 3,363 5,542 6,730
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Sales and marketing 2,080 2,415 4,145 4,802
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General and administrative 1,450 1,624 3,087 3,137
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Total costs and expenses 12,902 15,532 25,713 30,447
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Income from operations 4,825 5,968 9,272 11,310
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Other income (expense), net 131 151 288 (62)
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Income before income taxes 4,956 6,119 9,560 11,248
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Provision for income taxes 1,025 1,242 2,114 2,164
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Net income $3,931 $4,877 $7,446 $9,084
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Less: Adjustment Payment to Class C capital stockholders 522 0 522 0
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Net income available to all stockholders $3,409 $4,877 $6,924 $9,084
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Basic net income per share of Class A and B common stock $4.99 $7.11 $10.15 $13.23
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Basic net income per share of Class C capital stock $6.51 $7.11 $11.68 $13.23
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Diluted net income per share of Class A and B common stock $4.93 $7.00 $10.03 $13.01
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Diluted net income per share of Class C capital stock $6.43 $7.00 $11.53 $13.01