Alphabet today announced Q3 2025 earnings with $102.3 billion in revenue. These numbers range from July to September. This is Alphabet’s “first-ever $100 billion quarter.”
Revenue is up 16% from $88.3 billion in Q3 2024, with operating income at $31.23 billion and net income of $34.98 billion for this quarter (versus $26.3 billion a year ago). For comparison, Alphabet reported $96.4 billion in revenue and $28.2 billion in net income last quarter.
“Alphabet had a terrific quarter, with double-digit growth across every major part of our business. We delivered our first-ever $100 billion quarter.”
“Our full stack approach to AI is delivering strong momentum and we’re shipping at speed, including the global rollout of AI Overviews and AI Mode in Search in record time. In addition to topping leaderboards, our first party models, like Gemini, now process 7 billion tokens per minute, via direct API use by our customers. The Gemini App now has over 650 million monthly active users. We continue to drive strong growth in new businesses. Google Cloud accelerated, ending the quarter with $155 billion in backlog. And we have over 300 million paid subscriptions led by Google One and YouTube Premium.”
“We are investing to meet customer demand and capitalize on the growing opportunities across the company.”
Sundar Pichai, CEO
In Q3 2025, YouTube ad revenue was $10.26 billion (versus $8.92 billion a year ago), while Cloud reported $15.16 billion (compared to $11.35 billion).
“Google subscriptions, platforms, and devices” — which includes hardware, Play Store, and non-advertising YouTube revenues — reported $12.87 billion, compared to $10.66 billion the same quarter last year.
“Other Bets” continues to lose money. It reported $344 million in revenue compared to $388 million in Q3 of 2024. It lost $1.43 billion compared to $1.12 billion in the same quarter of last year.
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