Robust Company-Wide Growth
Alphabet reported consolidated revenue of $96.4 billion, an increase of 14% year-over-year, with strong performance across Search, YouTube, and Google Cloud.
AI-Driven Search Expansion
AI Overviews and AI Mode have significantly increased user engagement, driving higher search queries globally and contributing to a 12% increase in Search and other revenues.
Google Cloud's Strong Performance
Google Cloud reported a 32% increase in revenues, reaching $13.6 billion, with a backlog of $106 billion, reflecting strong demand for AI product portfolio and infrastructure.
YouTube Revenue Growth
YouTube advertising revenues increased by 13% to $9.8 billion, driven by direct response advertising and strong user engagement with Shorts.
Increased Engagement with AI Products
The Gemini app and AI-powered tools in Google Workspace have seen significant growth in user engagement, with products like Google Vids reaching nearly 1 million monthly active users.
Waymo Expansion
Waymo expanded its service territories in Austin, Los Angeles, and San Francisco by approximately 50% and launched teen accounts in Phoenix.