5 Most Profitable Robinhood Stocks

3. Alphabet Inc. (NASDAQ:GOOG)

Net Income (TTM) as of December 31, 2022: $59.97 billion

Alphabet Inc. (NASDAQ:GOOG) is a tech giant with substantial sales and profits. For Q4, Alphabet Inc. (NASDAQ:GOOG) had consolidated revenues of $76 billion, up 1% year over year and up 7% in constant currency. For full year 2022, Alphabet Inc. (NASDAQ:GOOG)’s sales rose 10% year over year to $283 billion. Net income was $59.97 billion in 2022 according to YCharts. While the company grew last year, it faces more competition in the future and will need to continue to innovate to maintain or increase its profitability.

Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai said in February 2023: “Our long-term investments in deep computer science make us extremely well-positioned as AI reaches an inflection point, and I’m excited by the AI-driven leaps we’re about to unveil in Search and beyond. There’s also great momentum in Cloud, YouTube subscriptions, and our Pixel devices. We’re on an important journey to re-engineer our cost structure in a durable way and to build financially sustainable, vibrant, growing businesses across Alphabet.”