Overview
- Alphabet reported $102.3 billion in Q3 revenue, its first quarter above $100 billion, with double-digit growth across Search, YouTube, subscriptions and Google Cloud.
- Google Cloud revenue rose about 34% to roughly $15.15 billion, supported by AI infrastructure demand and a reported $155 billion backlog.
- Alphabet booked an EU antitrust charge of about $3.45–3.5 billion, generated over $48 billion in operating cash flow, and reaffirmed 2025 capital spending of $91–93 billion.
- Advertising remained the company’s main pillar at $74.18 billion for the quarter, while Alphabet highlighted Gemini’s scale with 7 billion tokens processed per minute and over 650 million monthly active users for its app.
- Microsoft’s Intelligent Cloud revenue climbed 28% to $30.9 billion and Azure grew about 40%, while shares fell roughly 3% after the CFO signaled higher AI infrastructure spending.