Alphabet Research and Development Expenses 2010-2024 | GOOGL
Alphabet annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Alphabet research and development expenses for the quarter ending September 30, 2024 were $12.447B, a 10.56% increase year-over-year.
- Alphabet research and development expenses for the twelve months ending September 30, 2024 were $48.323B, a 10.88% increase year-over-year.
- Alphabet annual research and development expenses for 2023 were $45.427B, a 15.01% increase from 2022.
- Alphabet annual research and development expenses for 2022 were $39.5B, a 25.15% increase from 2021.
- Alphabet annual research and development expenses for 2021 were $31.562B, a 14.47% increase from 2020.
Alphabet Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$45,427 |
| 2022 |
$39,500 |
| 2021 |
$31,562 |
| 2020 |
$27,573 |
| 2019 |
$26,018 |
| 2018 |
$21,419 |
| 2017 |
$16,625 |
| 2016 |
$13,948 |
| 2015 |
$12,282 |
| 2014 |
$9,832 |
| 2013 |
$7,137 |
| 2012 |
$6,083 |
| 2011 |
$5,162 |
| 2010 |
$3,762 |
| 2009 |
$2,843 |
Alphabet Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-09-30 |
$12,447 |
| 2024-06-30 |
$11,860 |
| 2024-03-31 |
$11,903 |
| 2023-12-31 |
$12,113 |
| 2023-09-30 |
$11,258 |
| 2023-06-30 |
$10,588 |
| 2023-03-31 |
$11,468 |
| 2022-12-31 |
$10,267 |
| 2022-09-30 |
$10,273 |
| 2022-06-30 |
$9,841 |
| 2022-03-31 |
$9,119 |
| 2021-12-31 |
$8,708 |
| 2021-09-30 |
$7,694 |
| 2021-06-30 |
$7,675 |
| 2021-03-31 |
$7,485 |
| 2020-12-31 |
$7,022 |
| 2020-09-30 |
$6,856 |
| 2020-06-30 |
$6,875 |
| 2020-03-31 |
$6,820 |
| 2019-12-31 |
$7,222 |
| 2019-09-30 |
$6,554 |
| 2019-06-30 |
$6,213 |
| 2019-03-31 |
$6,029 |
| 2018-12-31 |
$6,034 |
| 2018-09-30 |
$5,232 |
| 2018-06-30 |
$5,114 |
| 2018-03-31 |
$5,039 |
| 2017-12-31 |
$4,306 |
| 2017-09-30 |
$4,205 |
| 2017-06-30 |
$4,172 |
| 2017-03-31 |
$3,942 |
| 2016-12-31 |
$3,622 |
| 2016-09-30 |
$3,596 |
| 2016-06-30 |
$3,363 |
| 2016-03-31 |
$3,367 |
| 2015-12-31 |
$3,510 |
| 2015-09-30 |
$3,230 |
| 2015-06-30 |
$2,789 |
| 2015-03-31 |
$2,753 |
| 2014-12-31 |
$2,813 |
| 2014-09-30 |
$2,655 |
| 2014-06-30 |
$2,238 |
| 2014-03-31 |
$2,126 |
| 2013-12-31 |
$1,933 |
| 2013-09-30 |
$1,821 |
| 2013-06-30 |
$1,766 |
| 2013-03-31 |
$1,617 |
| 2012-12-31 |
$1,225 |
| 2012-09-30 |
$1,879 |
| 2012-06-30 |
$1,538 |
| 2012-03-31 |
$1,441 |
| 2011-12-31 |
$1,298 |
| 2011-09-30 |
$1,404 |
| 2011-06-30 |
$1,234 |
| 2011-03-31 |
$1,226 |
| 2010-12-31 |
$1,052 |
| 2010-09-30 |
$994 |
| 2010-06-30 |
$898 |
| 2010-03-31 |
$818 |
| 2009-12-31 |
$735 |
| 2009-09-30 |
$758 |
| 2009-06-30 |
$708 |
| 2009-03-31 |
$642 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Services |
$2108.580B |
$307.394B |
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Alphabet has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and Google Workspace. Alphabet also enjoys a dominant position in the autonomous vehicles market, thanks to Waymo's relentless efforts. Also, it has bolstered its footprint in the healthcare industry with its life science division, Verily.
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