Alphabet Q2 2025 earnings: strong growth across all major business lines

Alphabet reported $96.4 billion in revenue for Q2 2025, up 14% year-over-year from $84.7 billion. Net income reached $28.2 billion, up from $23.6 billion in the same quarter last year. EPS came in at $2.31, beating analyst expectations.

Advertising performance stood out:

– Total advertising revenue grew to $71.3 billion, up 10.4% year-over-year
– Search ad revenue rose approximately 11–12%
– YouTube ad revenue reached $9.79 billion, up 13% from $8.66 billion
– Google Network ads generated $7.46 billion, up 9%
– Google paid search ad spend rose 11%, with click volumes up 7%

Additional highlights (YoY):

– Google Cloud revenue: $13.6 billion (up from $10.35 billion)
– Subscriptions, devices, and Play Store: $11.2 billion (up from $9.31 billion)
– Operating income: $31.3 billion
– Other Bets: $373 million in revenue with a $1.24 billion loss

Alphabet also raised its 2025 capital expenditure guidance to approximately $85 billion, citing long-term infrastructure investment

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