Alphabet Announces First Quarter 2025 Results

MOUNTAIN VIEW, Calif. – April 24, 2025 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial
results for the quarter ended March 31, 2025.

• Consolidated Alphabet revenues in Q1 2025 increased 12%, or 14% in constant currency, year over year to
$90.2 billion reflecting robust momentum across the business, with Google Search & other, YouTube ads,
Google subscriptions, platforms, and devices, and Google Cloud each delivering double-digit growth rates.
• Google Services revenues increased 10% to $77.3 billion, reflecting strong performance across Google
Search & other, Google subscriptions, platforms, and devices, and YouTube ads.
• Google Cloud revenues increased 28% to $12.3 billion, led by growth in Google Cloud Platform (GCP)
across core GCP products, AI Infrastructure, and Generative AI Solutions.
• Total operating income increased 20% and operating margin expanded by 2 percentage points to 34%.
• Net income increased 46% and EPS increased 49% to $2.81.
• The company announced a 5% increase to the dividend, resulting in a quarterly cash dividend of $0.21.

Full press release