| Stage | GOOG | % of rev | META | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $128B | 100.00% | $64.6B | 100.00% | GOOG ×1.97 |
| Gross profit | $76.2B | 59.70% | $51.2B | 79.31% | META +19.6pp |
| Operating income | $40.6B | 31.81% | $13.0B | 20.10% | GOOG +11.7pp |
| Pre-tax income | $32.4B | 25.36% | $13.0B | 20.13% | GOOG +5.2pp |
| Net income | $26.5B | 20.75% | $9.9B | 15.26% | GOOG +5.5pp |
| Stage | GOOG | META | Gap · A − B |
|---|---|---|---|
| Revenue | $128B100.00% | $64.6B100.00% | GOOG ×1.97 |
| Gross profit | 59.70%$76.2B | 79.31%$51.2B | META +19.6pp |
| Operating income | 31.81%$40.6B | 20.10%$13.0B | GOOG +11.7pp |
| Pre-tax income | 25.36%$32.4B | 20.13%$13.0B | GOOG +5.2pp |
| Net income |
| 20.75%$26.5B |
| 15.26%$9.9B |
| GOOG +5.5pp |
None
No disclosed counterparties: GOOG.