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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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2016 2017 2016 2017
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Revenues $21,500 $26,010 $41,757 $50,760
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Costs and expenses:
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Cost of revenues 8,130 10,373 15,778 20,168
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Research and development 3,363 4,172 6,730 8,114
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Sales and marketing 2,415 2,897 4,802 5,541
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General and administrative 1,624 1,700 3,137 3,501
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European Commission fine 0 2,736 0 2,736
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Total costs and expenses 15,532 21,878 30,447 40,060
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Income from operations 5,968 4,132 11,310 10,700
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Other income (expense), net 151 245 (62) 496
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Income before income taxes 6,119 4,377 11,248 11,196
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Provision for income taxes 1,242 853 2,164 2,246
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Net income $4,877 $3,524 $9,084 $8,950
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Basic net income per share of Class A and B common stock and Class C capital stock $ 7.11 $ 5.09 $ 13.23 $ 12.94
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Diluted net income per share of Class A and B common stock and Class C capital stock $ 7.00 $ 5.01 $ 13.01 $ 12.74