Monday's earnings report will mark a new day for Google's parent company.
For the first time, Alphabet will break out revenue for its core products — search, mobile and video — and separately account for the cost of its experimental projects when the company reports quarterly earnings after the bell Monday.
Set to report fourth-quarter 2015 earnings on Feb. 1, Alphabet has already warned investors that for the first time there will be two reported segments: Google, which includes main Internet products and what the company literally calls "other bets," which includes some of the company's more experimental ventures.
The upcoming segment disclosure is likely to "highlight Core Google's profitability" wrote analysts at RBC Capital Markets in a note. But Wall Street would get a pleasant surprise if the "other bets" line item ends up with anything but a pair of big, fat parentheses.