Q4 25 EPS
$2.82
BEAT +7.22%
Est. $2.63
Q4 25 Revenue
$113.83B
vs S&P Since Q4 25
+9.8%
BEATING MARKET
GOOGL +16.2% vs S&P +6.4%
Full Year 2025 Results
FY 25 EPS
$10.81
BEAT +2.03%
Est. $10.60
FY 25 Revenue
$402.84B
BEAT +0.62%
Est. $400.36B
Market Reaction
Did GOOGL Beat Earnings? Q4 2025 Results
Alphabet closed out fiscal 2025 with a decisive beat on both the top and bottom lines, as Google's broad AI-driven momentum carried the company past Wall Street's expectations in the fourth quarter results. The company posted earnings per share of $2… Read more Alphabet closed out fiscal 2025 with a decisive beat on both the top and bottom lines, as Google's broad AI-driven momentum carried the company past Wall Street's expectations in the fourth quarter results. The company posted earnings per share of $2.82, clearing the $2.63 consensus estimate by 7.22%, while revenue climbed 18.0% year over year to $113.83 billion, edging past the $111.35 billion forecast by 2.23%. The headline driver was Google Cloud, which surged 48% to $17.66 billion as enterprise demand for AI infrastructure accelerated sharply, with segment operating income more than doubling to $5.31 billion. Google Search revenues grew 17% to $63.07 billion, reinforcing the core business's durability even as the company presses into new frontiers. Alphabet also crossed $400 billion in annual revenue for the first time. Looking ahead, management's guidance of $175 billion to $185 billion in 2026 capital expenditures signals an aggressive bet on AI compute capacity, a commitment already drawing attention from institutional investors monitoring the balance between growth investment and margin discipline.
Key Takeaways
- • Google Search & other revenue accelerated to 17% YoY growth
- • Google Cloud revenue grew 48% driven by enterprise AI Infrastructure, AI Solutions, and core GCP products
- • YouTube annual revenue across ads and subscriptions exceeded $60 billion
- • Over 325 million paid subscriptions across consumer services
- • AI continuing to drive expansionary moment in Search usage
- • $2.3 billion gain on equity securities boosted net income
GOOGL YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
GOOGL Revenue by Segment
With YoY comparisons, source: SEC Filings
GOOGL Revenue by Geography
With YoY comparisons, source: SEC Filings
“It was a tremendous quarter for Alphabet and annual revenues exceeded $400 billion for the first time. The launch of Gemini 3 was a major milestone and we have great momentum. Our first party models, like Gemini, now process over 10 billion tokens per minute via direct API use by our customers, and the Gemini App has grown to over 750 million monthly active users. Search saw more usage than ever before, with AI continuing to drive an expansionary moment.”
— Sundar Pichai, Q4 2025 Earnings Press Release
GOOGL Earnings Trends
GOOGL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GOOGL EPS Trend
Earnings per share: estimate vs actual
GOOGL Revenue Trend
Quarterly revenue: estimate vs actual
GOOGL Quarterly Results
12 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $5.11 | — | $109.90B | +2.67% |
| Q4 25 BEAT FY | $2.63 | $2.82 | +7.22% | $113.83B | — |
| FY Full Year | $10.60 | $10.81 | +2.03% | $402.84B | +0.62% |
| Q3 25 BEAT | $2.27 | $2.87 | +26.70% | $102.35B | +2.20% |
| Q2 25 BEAT | $2.20 | $2.31 | +5.04% | $96.43B | +2.61% |
| Q1 25 BEAT | $2.01 | $2.81 | +39.75% | $90.23B | +1.21% |
| Q4 24 BEAT FY | $2.13 | $2.15 | +0.94% | $96.47B | — |
| FY Full Year | — | $8.04 | — | $350.02B | — |
| Q3 24 BEAT | $1.84 | $2.12 | +15.22% | $88.27B | +2.28% |
| Q2 24 BEAT | $1.84 | $1.89 | +2.72% | $84.74B | +0.65% |
| Q1 24 BEAT | $1.51 | $1.89 | +25.17% | $80.54B | +2.48% |
| Q4 23 BEAT FY | $1.59 | $1.64 | +3.14% | $86.31B | +1.15% |
| FY Full Year | — | $5.80 | — | $307.39B | — |
| Q1 23 BEAT | $1.06 | $1.17 | +10.38% | $69.79B | +1.31% |
| Q4 22 MISS FY | $1.18 | $1.05 | -11.02% | $76.05B | -0.63% |
| FY Full Year | — | $4.56 | — | $282.84B | — |