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谷歌母公司第二季度净利润同比增长19% 资本支出大增100亿美元
Feng Huang Wang· 2025-07-23 23:02
Core Viewpoint - Alphabet's Q2 2025 financial results show strong revenue and profit growth, driven by robust performance across its business segments, particularly in advertising and cloud services [1][4][6]. Financial Performance - Q2 revenue reached $96.428 billion, a 14% increase from $84.742 billion year-over-year, with a 13% growth at constant currency [1][4]. - Net profit for the quarter was $28.196 billion, up 19% from $23.619 billion in the same period last year [1][4]. - Diluted earnings per share (EPS) increased by 22% to $2.31 from $1.89 year-over-year [5]. Business Segment Performance - Google advertising revenue totaled $71.340 billion, a 10% increase from $64.616 billion year-over-year [4]. - Google Search and other revenues were $54.190 billion, up 12% from $48.509 billion [4]. - YouTube ad revenue reached $9.796 billion, a 13% increase from $8.663 billion [4]. - Google ad network revenue slightly declined by 1% to $7.354 billion from $7.444 billion [4]. - Google Cloud revenue grew by 32% to $13.624 billion from $10.347 billion year-over-year [4]. - Other Bets revenue increased by 2% to $373 million from $365 million [4]. Cost and Profitability - Total traffic acquisition costs (TAC) were $14.705 billion, a 10% increase from $13.387 billion year-over-year [4]. - Operating profit was $31.271 billion, up 14% from $27.425 billion, maintaining an operating margin of 32% [4]. Capital Expenditure - The company raised its 2025 capital expenditure forecast to $85 billion, an increase of $10 billion from the previous estimate of $75 billion [1][5]. Executive Commentary - CEO Sundar Pichai highlighted strong growth across all business segments, with AI playing a significant role in driving performance [6]. - The cloud business is experiencing robust demand, leading to increased capital expenditure and optimism for future opportunities [6].