Early Access

10-QPeriod: Q1 FY2025

Alphabet Inc. Quarterly Report for Q1 Ended Mar 31, 2025

Filed April 25, 2025For Securities:GOOGLGOOG

Summary

Alphabet Inc. (GOOGL) reported strong financial performance for the first quarter of 2025, with total revenues reaching $90.2 billion, a 12% increase year-over-year. This growth was primarily fueled by a 10% rise in Google Services revenue to $77.3 billion and a significant 28% increase in Google Cloud revenue to $12.3 billion. The company also saw a substantial boost in 'Other income (expense), net,' reaching $11.2 billion, largely due to an $8.0 billion unrealized gain on non-marketable equity securities. Net income grew by 46% to $34.5 billion, resulting in diluted EPS of $2.81. Key strategic initiatives highlighted include the planned acquisition of Wiz, a cloud security platform, for $32.0 billion, expected to close in 2026, which will bolster the Google Cloud segment. Alphabet also continued its commitment to returning capital to shareholders, repurchasing $15.3 billion in stock and increasing its quarterly dividend by 5% to $0.21 per share. Despite ongoing legal and regulatory scrutiny, particularly in antitrust matters, the company demonstrated robust operational and financial health.

Financial Highlights

52 data points
Beta

Revenue

$90.23B

0.6% Gross Margin

Net Income

$34.54B

0.4% Net Margin

EPS (Diluted)

$2.81

Total Assets

$475.37B

Cash & Equivalents

$23.26B

Free Cash Flow

$18.95B

Financial Statements
Beta
Revenue$90.23B
Cost of Revenue$36.36B
Gross Profit$53.87B
R&D Expenses$13.56B
Operating Expenses$59.63B
Operating Income$30.61B
Net Income$34.54B
EPS (Basic)$2.84
EPS (Diluted)$2.81
Shares Outstanding (Basic)12.18B
Shares Outstanding (Diluted)12.29B

Key Highlights

  • 1Total revenues increased by 12% year-over-year to $90.2 billion, driven by strong performance across Google Services and Google Cloud.
  • 2Google Services revenue grew by 10% to $77.3 billion, with Search & other and YouTube ads showing significant gains.
  • 3Google Cloud revenue surged by 28% to $12.3 billion, indicating continued momentum in the enterprise sector.
  • 4Net income increased by 46% to $34.5 billion, with diluted EPS rising to $2.81.
  • 5Other income (expense), net, significantly increased to $11.2 billion, primarily due to an $8.0 billion unrealized gain on non-marketable equity securities.
  • 6Alphabet announced plans to acquire cloud security leader Wiz for $32.0 billion, further strengthening its Google Cloud offerings.
  • 7The company returned $15.3 billion to shareholders through share repurchases and increased its quarterly dividend by 5% to $0.21 per share.

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