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0 pointskube-system3y ago0 comments

GCP loses money. They just reported their best quarter for cloud earnings. Negative 931 million dollars in Q1 2022.

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The numbers are trending in the right direction. From 2021Q1 to 2022Q1, revenue grew 43% (vs 34% at AWS and 46% at Azure), loss went down by 4%, and the loss to revenue ratio went from 24% to 16%.

j / k navigate · click thread line to collapse

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nix90003y ago

The numbers are trending in the right direction. From 2021Q1 to 2022Q1, revenue grew 43% (vs 34% at AWS and 46% at Azure), loss went down by 4%, and the loss to revenue ratio went from 24% to 16%.

j / k navigate · click thread line to collapse