Remove 2017 Remove GCP(Google Cloud Platform) Remove Payment Features
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A Look Back at Q1 '24 Public Cloud Software Earnings

Clouded Judgement

The charts below show the change in quarterly revenue YoY (so Q1 ‘24 rev - Q1 ‘23 rev) going back to 2017. GCP data is a bit more noisy as they don’t disclose GCP itself, but rather Google Cloud which includes GSuite. Some software companies also have seasonality in the “payback.”

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