Alphabet (GOOG) reported Q4 diluted earnings late Tuesday of $1.64 per share, up from $1.05 a year earlier.
Analysts polled by Capital IQ expected $1.60.
Revenue for the quarter that ended Dec. 31 was $86.31 billion, up from $76.05 billion a year earlier.
Analysts surveyed by Capital IQ expected $85.28 billion.
Shares of the company traded 4% lower in after-hours activity.