and \ncertain network equipment; and\niii.a shift in the timing of our annual employee stock-based compensation awards resulting in relatively less  \nstock-based compensation expense recognized in the first quarter compared to the remaining quarters of \nthe ye ar. The shift in timing itself will not affect the amount of stock-based compensation expense over the \nfull fiscal year 2023.\nFor further information, please refer to our blog post also filed with the SEC via Form 8-K on April 20, 2023.\nThe following table summarizes our consolidated financial results for the quarters ended March 31, 2022  and 2023  \n(in millions, except for per share information and percentages). \nQuarter Ended March 31,\n2022 2023\nRevenues $ 68,011 $ 69,787 \nChange in revenues year over year  23 %  3 %\nChange in constant currency revenues year over year(1) 26 %  6 %\nOperating income $ 20,094 $ 17,415 \nOperating margin  30 %  25 %\nOther income (expense), net $ (1,160) $ 790 \nNet income $ 16,436 $ 15,051 \nDiluted EPS $ 1.23 $ 1.17 \n(1) Non-GAAP measure. See the table captioned ‚ÄúReconciliation from GAAP revenues to non-GAAP constant currency \nrevenues and GAAP percentage change in revenues to non-GAAP percentage change in constant currency revenues‚Äù for \nmore details.\n\nQ1 2023  supplemental information  (in millions, except for number of employees; unaudited)\nRevenues, T raffic Acquisition Costs  (TAC), and number of employees\nQuarter Ended March 31,\n2022 2023\nGoogle Search & other $ 39,618 $ 40,359 \nYouTube ads  6,869  6,693 \nGoogle Network  8,174  7,496 \nGoogle advertising  54,661  54,548 \nGoogle other  6,811  7,413 \nGoogle Services total  61,472  61,961 \nGoogle Cloud  5,821  7,454 \nOther Bets  440  288 \nHedging gains (losses)  278  84 \nTotal revenues $ 68,011 $ 69,787 \nTotal TAC $ 11,990 $ 11,721 \nNumber of employees(1) 163,906  190,711 \n(1) As of March 31, 2023, the number of employees includes almost all of the employees  affected by the reduction
This notebook shows how to use an agent to compare two documents.
This notebook shows how to use an agent to compare two documents. ->: and \ncertain network equipment; and\niii.a shift in the timing of our annual employee stock-based compensation awards resulting in relatively less  \nstock-based compensation expense recognized in the first quarter compared to the remaining quarters of \nthe ye ar. The shift in timing itself will not affect the amount of stock-based compensation expense over the \nfull fiscal year 2023.\nFor further information, please refer to our blog post also filed with the SEC via Form 8-K on April 20, 2023.\nThe following table summarizes our consolidated financial results for the quarters ended March 31, 2022  and 2023  \n(in millions, except for per share information and percentages). \nQuarter Ended March 31,\n2022 2023\nRevenues $ 68,011 $ 69,787 \nChange in revenues year over year  23 %  3 %\nChange in constant currency revenues year over year(1) 26 %  6 %\nOperating income $ 20,094 $ 17,415 \nOperating margin  30 %  25 %\nOther income (expense), net $ (1,160) $ 790 \nNet income $ 16,436 $ 15,051 \nDiluted EPS $ 1.23 $ 1.17 \n(1) Non-GAAP measure. See the table captioned ‚ÄúReconciliation from GAAP revenues to non-GAAP constant currency \nrevenues and GAAP percentage change in revenues to non-GAAP percentage change in constant currency revenues‚Äù for \nmore details.\n\nQ1 2023  supplemental information  (in millions, except for number of employees; unaudited)\nRevenues, T raffic Acquisition Costs  (TAC), and number of employees\nQuarter Ended March 31,\n2022 2023\nGoogle Search & other $ 39,618 $ 40,359 \nYouTube ads  6,869  6,693 \nGoogle Network  8,174  7,496 \nGoogle advertising  54,661  54,548 \nGoogle other  6,811  7,413 \nGoogle Services total  61,472  61,961 \nGoogle Cloud  5,821  7,454 \nOther Bets  440  288 \nHedging gains (losses)  278  84 \nTotal revenues $ 68,011 $ 69,787 \nTotal TAC $ 11,990 $ 11,721 \nNumber of employees(1) 163,906  190,711 \n(1) As of March 31, 2023, the number of employees includes almost all of the employees  affected by the reduction