Alphabet(US:GOOG)2025-10-29 20:01Financial Performance - Alphabet reported Q3 2025 revenues of $102.3 billion, a 16% increase year-over-year[6] - Net income rose 33% to $34.98 billion, with diluted EPS increasing 35% to $2.87[6] - Operating income increased 9% to $31.23 billion, with an operating margin of 30.5%[6] - Google Services revenues grew 14% to $87.1 billion, reflecting strong performance across various segments[6] - Revenues for Q3 2024 were $88,268 million, an increase of 16% compared to $102,346 million in Q3 2025[33] - Operating income for Q3 2024 was $28,521 million, rising to $31,228 million in Q3 2025, reflecting a 9% increase[33] - Google Services generated revenues of $76,510 million in Q3 2024, increasing to $87,052 million in Q3 2025[27] - Google Cloud revenues rose from $11,353 million in Q3 2024 to $15,157 million in Q3 2025[27] - Net income for Q3 2024 was $26,301 million, compared to $34,979 million in Q3 2025[26] - Basic net income per share increased from $2.14 in Q3 2024 to $2.89 in Q3 2025[26] - Total costs and expenses for Q3 2024 were $59,747 million, increasing to $71,118 million in Q3 2025[33] - Net cash provided by operating activities for Q3 2025 was $48,414 million, up from $30,698 million in Q3 2024[26] - Free cash flow for Q3 2025 was $24,461 million, compared to $24,837 million in Q4 2024[37] - Other income for Q3 2025 was $12,759 million, significantly higher than $3,185 million in Q3 2024[30] Google Cloud Performance - Google Cloud revenues surged 34% to $15.2 billion, driven by growth in AI Infrastructure and Generative AI Solutions[6] - The company ended the quarter with a Google Cloud backlog of $155 billion[3] User Engagement - The Gemini App now boasts over 650 million monthly active users, processing 7 billion tokens per minute[3] Regional Revenue Growth - Revenues from the United States for the quarter ended September 30, 2025, were $48.8 billion, reflecting a 13% increase from $43.1 billion in the prior year[42] - EMEA revenues increased to $29.9 billion for the quarter ended September 30, 2025, up 17% from $25.5 billion in the same quarter of 2024[42] - APAC revenues grew by 22% to $17.8 billion for the quarter ended September 30, 2025, compared to $14.5 billion in the prior year[42] - The company’s performance in the Other Americas region showed a revenue increase of 19% to $6.1 billion for the quarter ended September 30, 2025, compared to $5.1 billion in the prior year[42] Capital Expenditures and Employee Growth - Total capital expenditures for 2025 are expected to be between $91 billion and $93 billion[6] - Alphabet's total number of employees increased to 190,167, up from 181,269 in the previous year[7] Hedging and Currency Effects - The company reported a hedging loss of $207 million for the quarter ended September 30, 2025, compared to a gain of $17 million in the same quarter of the previous year[43] - The company’s total revenues for the quarter ended September 30, 2024, were $88.3 billion, which included a hedging effect of $1.0 billion[43] - The constant currency revenue growth for the quarter ended September 30, 2025, was 15% when excluding the hedging effect[42] - Revenues excluding hedging effects for the quarter ended September 30, 2024, were $88.3 billion, which increased to $102.6 billion in the quarter ended September 30, 2025, marking a 16% rise[43] - Total constant currency revenues for the quarter ended September 30, 2025, reached $101.2 billion, an increase of $13.0 billion compared to $88.3 billion for the same quarter in 2024, representing a 16% growth[42] - The total revenues for the quarter ended September 30, 2025, were reported at $102.3 billion, a 6% increase from $96.4 billion for the quarter ended June 30, 2025[42] Regulatory Impact - A $3.5 billion fine from the European Commission was accrued in Q3 2025, impacting operating income[9]