Early Access

10-QPeriod: Q2 FY2025

Alphabet Inc. Quarterly Report for Q2 Ended Jun 30, 2025

Filed July 24, 2025For Securities:GOOGLGOOG

Summary

Alphabet Inc. reported robust financial results for the second quarter and first half of 2025, demonstrating continued strong revenue growth across its key segments. Total revenues reached $96.4 billion for the quarter, a 14% increase year-over-year, and $186.7 billion for the first half, up 13%. This growth was primarily driven by the Google Services segment, which saw a 12% quarterly increase, and a significant 32% surge in Google Cloud revenue. The company's profitability also improved, with net income rising 19% year-over-year to $28.2 billion for the quarter, and diluted EPS growing to $2.31. Alphabet continued its strategic capital allocation, repurchasing $13.3 billion in shares during the quarter and increasing its quarterly dividend by 5%. The company also announced its intent to acquire Wiz, a cloud security platform, for $32.0 billion, signaling a strong commitment to expanding its Google Cloud offerings. Despite ongoing legal and regulatory challenges, particularly in antitrust matters, Alphabet maintains a solid financial position with over $95 billion in cash, cash equivalents, and marketable securities.

Financial Highlights

51 data points
Beta

Revenue

$96.43B

0.6% Gross Margin

Net Income

$28.20B

0.3% Net Margin

EPS (Diluted)

$2.31

Total Assets

$502.05B

Cash & Equivalents

$21.04B

Free Cash Flow

$5.30B

Financial Statements
Beta
Revenue$96.43B
Cost of Revenue$39.04B
Gross Profit$57.39B
R&D Expenses$13.81B
Operating Expenses$65.16B
Operating Income$31.27B
Net Income$28.20B
EPS (Basic)$2.33
EPS (Diluted)$2.31
Shares Outstanding (Basic)12.12B
Shares Outstanding (Diluted)12.20B

Key Highlights

  • 1Total revenues grew 14% year-over-year to $96.4 billion for the second quarter of 2025.
  • 2Google Cloud revenue surged 32% year-over-year to $13.6 billion for the quarter.
  • 3Net income increased by 19% year-over-year to $28.2 billion for the second quarter.
  • 4Diluted EPS rose to $2.31, a 22% increase compared to the prior year's quarter.
  • 5Alphabet announced its intent to acquire cloud security platform Wiz for $32.0 billion.
  • 6Share repurchases amounted to $13.3 billion during the quarter, with $86.3 billion remaining under authorized programs.
  • 7The company increased its quarterly cash dividend by 5% to $0.21 per share.

Frequently Asked Questions