
Alphabet/Google reported that it earned a net income of $28.2 billion on revenues of $96.4 billion in the quarter ending June 30, 2025. Those figures represent gains of 19 percent and 14 percent, year-over-year (YOY).
“We had a standout quarter, with robust growth across the company,” Alphabet and Google CEO Sundar Pichai said. “We are leading at the frontier of Al and shipping at an incredible pace. Al is positively impacting every part of the business, driving strong momentum. With this strong and growing demand for our Cloud products and services, we are increasing our investment in capital expenditures in 2025 to approximately $85 billion and are excited by the opportunity ahead.”
Google Services remains the company’s biggest business, with $82.5 billion in revenues overall, a gain of 11.7 percent YOY. Google subscriptions, platforms, and devices contributed $11.2 billion of that (up 20.3 percent YOY). But the vast majority, $71.3 billion, up 10.4 percent YOY, came from advertising: $54.2 billion from Google Search, $9.8 billion from YouTube, and $7.3 billion from Google Network. Overall, 65 percent of Alphabet/Google’s revenues came from advertising.
“Search delivered double-digit revenue growth, and our new features, like Al Overviews and Al Mode, are performing well,” Mr. Pichai said of this part of the business. “We continue to see strong performance in YouTube as well as subscriptions offerings.”
As for the rest of the company, Google Cloud contributed $13.6 billion in revenues, up 31.7 percent YOY. Pichai noted that Google Cloud “had strong growth in revenues, backlog, and profitability. Its annual revenue run-rate is now more than $50 billion.”