"Alphabet's revenue grew 16% to $102.4 billion, ahead of analyst estimates of $99.9 billion. EPS of $3.10 was also ahead of analyst estimates of $2.33. Google's search business revenues grew 15% to $56.6 billion. YouTube advertising revenues grew from $8.9 billion a year ago to $10.3 billion, ahead of the market's estimated $10.1 billion. Alphabet reported overall advertising revenues of $74.2 billion, compared with $65.9 billion a year ago. Cloud revenues of $15.2 billion grew 35%, ahead of the market's estimated $14.7 billion."
"Like others in the industry, Alphabet is also increasing its capital expenditures driven by the demand from Cloud customers. It now expects 2025 capital expenditures to be in the range of $91-$93 billion, up from $75-$85 billion spend projected earlier. The company expects the capital expenditures to continue to increase into 2026. Just to put the spend in perspective, Google, Microsoft, Meta, and Amazon combined have spent $360 billion on capital expenditures in the last 12 months."
Alphabet's revenue grew 16% to $102.4 billion, with EPS of $3.10 beating estimates. Google's search revenue rose 15% to $56.6 billion and YouTube advertising reached $10.3 billion, contributing to $74.2 billion in overall advertising revenue. Cloud revenue increased 35% to $15.2 billion, supported by multiple billion-dollar deals including a $10 billion contract with Meta. Other Bets generated $344 million. Capital expenditures guidance rose to $91–$93 billion for 2025, with further increases expected into 2026. AI infrastructure investments include scaling Nvidia GPUs and purpose-built TPUs, with a seventh-generation TPU Ironwood forthcoming.
Read at TalkMarkets
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