Alphabet Research and Development Costs
Research and Development Costs of Alphabet Inc. (Google) 2013-2021.
Amounts in $ millions.
|Year||R&D Costs (Millions)|
In 2021, Alphabet, the parent company of Google, spent $31.6 billion on research and development, compared to $27.6 billion in 2020. The company incurred total costs and expenses worth $178.9 billion in 2021. Alphabet has experienced a solid growth in its total net revenues in 2021. The company broke all its previous records and its revenues surged past $250 billion for the first time in its history.
In 2019, Alphabet, the parent company of Google spent $26 billion on research and development compared to $21.4 billion in 2018. Within two years, the research and development expenses of the search giant have grown by more than $9 billion.
Research and development costs of Alphabet (Parent company of Google) increased to $21.42 Billions in 2018 compared to $16.63 Billions in 2017.
Alphabet is the parent company of Google. It has its headquarters located at Mountain View California, United States.
Apart from its google search engine and advertising products, Alphabet offers a vast range of products including Cloud services and other services like Chrome Browser and Google Maps.
The CEO of Alphabet is Sundar Pichai. Alphabet's main source of revenue if digital advertising followed by cloud services. It also owns YouTube and some other businesses that are collectively called Other Bets.