Another revenue milestone for Google. Alphabet/Google CEO Sundar Pichai posted on X/Twitter, "We delivered our first-ever $100B quarter driven by double-digit growth across every major part of our business. (Five years ago, our quarterly revenue was at $50 🚀 " with the accompanying image: CEO Sundar Pichai posted on X/Twitter WSJ elaborated and clarified that sales reached a record $102.3 billion for Google-parent Alphabet, and net income was about $35 billion, a 33% increase over the same period a year ago. What does Alphabet attribute these continued revenue gains to? The TL;DR from their official quarterly earnings release says: WSJ elaborated and clarified their official quarterly earnings release says Google Services revenues increased 14% to $87.1 billion, reflecting robust performance across Google Search & other, Google subscriptions, platforms, and devices, and YouTube ads.Google Cloud revenues increased 34% to $15.2 billion, led by growth in Google Cloud Platform (GCP) across core products, AI Infrastructure and Generative AI Solutions.Total operating income increased 9% and operating margin was 30.5%. Excluding the $3.5 billion charge related to the European Commission (EC) fine, operating income increased 22% and operating margin was 33.9%, benefitting from strong revenue growth and continued efficiencies in the expense base.Other income reflected a net gain of $12.8 billion, primarily the result of net unrealized gains on our nonmarketable equity securities.Net income increased 33% and EPS increased 35% to $2.87.With the growth across our business and demand from Cloud customers, we now expect 2025 capital expenditures to be in a range of $91 billion to $93 billion. Google Services revenues increased 14% to $87.1 billion, reflecting robust performance across Google Search & other, Google subscriptions, platforms, and devices, and YouTube ads. Google Cloud revenues increased 34% to $15.2 billion, led by growth in Google Cloud Platform (GCP) across core products, AI Infrastructure and Generative AI Solutions. Total operating income increased 9% and operating margin was 30.5%. Excluding the $3.5 billion charge related to the European Commission (EC) fine, operating income increased 22% and operating margin was 33.9%, benefitting from strong revenue growth and continued efficiencies in the expense base. Other income reflected a net gain of $12.8 billion, primarily the result of net unrealized gains on our nonmarketable equity securities. Net income increased 33% and EPS increased 35% to $2.87. With the growth across our business and demand from Cloud customers, we now expect 2025 capital expenditures to be in a range of $91 billion to $93 billion.

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Google, aka Alphabet, Delivers Its First Twelve Digit Revenue Quarter

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