Google has released its earnings for Q4 of 2015 and the entirety of the year. The company showed strong growth in revenues compared to last year, with $21.3 billion in revenue for the quarter, with $74.5 billion for all of 2015.

Due to the move to the new holding company of Alphabet, earnings for Google as we know it — search, ads, YouTube, Chrome, Nexus, Google Play, etc. — have been separated from some "Other Bets," such as Google Fiber and Nest. This may lead to some confusion when comparing to past earnings reports, but going forward will bring clarity to how Google itself is performing.

On to the earnings.

  • 2015 revenues of $74.5 billion, up 12.9 percent year-over-year
  • Q4 revenues of $21.3 billion, up 18 percent year-over-year
  • Q4 net income $4.9 billion, up from $4.6 billion in 2014
  • Earnings Per Share (EPS) of $7.06, up from $6.79 in 2014
  • Capital expenditures for the quarter were $2.1 billion
  • Google's effective tax rate was 5%, down from 18% in 2014

Google websites contributed $14.94 billion to the company's Q4 revenue, up from $12.43 billion in the same quarter in 2014. Google Network Members' sites brought in $4.14 billion, compared to $3.88 billion last year. Advertising revenue for Q4 2015 came in at $19.07 billion, up 17 percent from $16.31 billion in Q4 2014. Paid clicks were up 31 percent year-over-year, and up 17 percent from Q3 2015, while paid clicks on Google's websites were up 40 percent versus the year-ago quarter, and 22 percent versus Q3.

As for those "Other Bets," which includes anscillary businesses like Google Fiber, Google Ventures, X, Calico, etc., earnings came out to $448 million for all of 2015, compared to $327 million for 2014. There was an operating loss with "Other Bets" of $3.57 billion.

If you're interested in the nitty-gritty details of the earnings, you can follow the earnings livestream right here at 4:30 p.m. ET.

Source: Google Investor Relations