Google vs. Microsoft, Q1 2023

Revenues:

• Google: Revenues increased from $68,011M in Q1 2022 to $69,787M in Q1 2023.
• Microsoft: Revenues increased from $49,360M in Q1 2022 to $52,857M in Q1 2023.
• Both companies experienced revenue growth in Q1 2023 compared to Q1 2022, with Google having higher overall revenues.

Costs and Expenses:

• Google: Total costs and expenses increased from $47,917M in Q1 2022 to $52,372M in Q1 2023.
• Microsoft: Total cost of revenue increased slightly from $15,615M in Q1 2022 to $16,128M in Q1 2023.
• Both companies saw an increase in costs and expenses, with Google experiencing a more significant increase.

Operating Income:

• Google: Operating income decreased from $20,094M in Q1 2022 to $17,415M in Q1 2023.
• Microsoft: Operating income increased from $20,364M in Q1 2022 to $22,352M in Q1 2023.
• While Google’s operating income decreased, Microsoft’s operating income increased in Q1 2023.

Income Before Income Taxes:

• Google: Income before income taxes decreased slightly from $18,934M in Q1 2022 to $18,205M in Q1 2023.
• Microsoft: Income before income taxes increased from $20,190M in Q1 2022 to $22,673M in Q1 2023.
• Microsoft experienced growth in income before income taxes, while Google saw a slight decrease.

Net Income:

• Google: Net income decreased from $16,436M in Q1 2022 to $15,051M in Q1 2023.
• Microsoft: Net income increased from $16,728M in Q1 2022 to $18,299M in Q1 2023.
• Microsoft experienced an increase in net income, while Google’s net income decreased in Q1 2023.

Overall, both Google and Microsoft experienced revenue growth in Q1 2023 compared to Q1 2022. However, Google faced challenges with increased costs and expenses, leading to a decrease in operating income and net income. On the other hand, Microsoft saw improvements in operating income and net income during the same period.