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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 Nine Months Ended
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September 30, September 30,
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2015 2016 2015 2016
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Revenues $18,675 $22,451 $53,660 $64,208
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Costs and expenses:
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Cost of revenues 7,037 8,699 19,976 24,477
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Research and development 3,230 3,596 8,772 10,326
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Sales and marketing 2,223 2,565 6,368 7,367
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General and administrative 1,477 1,824 4,564 4,961
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Total costs and expenses 13,967 16,684 39,680 47,131
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Income from operations 4,708 5,767 13,980 17,077
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Other income (expense), net 183 278 471 216
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Income before income taxes 4,891 6,045 14,451 17,293
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Provision for income taxes 912 984 3,026 3,148
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Net income $3,979 $5,061 $11,425 $14,145
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Less: Adjustment Payment to Class C capital stockholders 0 0 522 0
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Net income available to all stockholders $3,979 $5,061 $10,903 $14,145
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Basic net income per share of Class A and B common stock $5.80 $7.36 $15.95 $20.59
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Basic net income per share of Class C capital stock $5.80 $7.36 $17.47 $20.59
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Diluted net income per share of Class A and B common stock $5.73 $7.25 $15.77 $20.26
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Diluted net income per share of Class C capital stock $5.73 $7.25 $17.27 $20.26