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Quarterly Report — Q2 2024
Filed July 24, 2024
Q2 2024 revenue hit $84.7 billion, up 14% year-over-year, with Google Search and Cloud driving the bulk of gains. Google Cloud alone jumped roughly 29% to $10.3 billion, signaling accelerating enterprise momentum, while YouTube ads grew to $8.7 billion. The company is clearly leaning into AI-fueled infrastructure spending — capital expenditures surged in the first half — a bet that margins can hold as the investment cycle deepens.
What is Quarterly Report?
Filed after each of the first three fiscal quarters with unaudited financial statements, management discussion, and any material changes to risk factors or legal proceedings.
Quarterly financial update — tracks business trajectory between annual reports.