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GOOGLEarnings2025-02-04
Ashkenazi explains how heavy infrastructure investment feeds into a recurring cost line and what she expects it to do next year.
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Anat Ashkenazi · Alphabet Investor Relations · Alphabet 2024 Q4 Earnings Call
“In 2024, we saw 28% year-over-year growth in depreciation as we put more technical infrastructure assets into service. Given the increasing CapEx investments over the past few years, we expect the growth rate in depreciation to accelerate in 2025.”
Key terms
- depreciation
- — The accounting cost of spreading the price of equipment and buildings across the years they are used.
- technical infrastructure
- — The servers, data centres and networks that run a company's computing services.
Educational summary of a public statement. Not investment advice.