GOOGL — Q4 2025 Earnings Call
TechnologyAlphabet Inc. • Reported: 2026-02-04
EPS Actual
$2.52
Est. $2.41
▲ Beat
Revenue Actual
$110.2B
Est. $108.5B
▲ Beat
Overall Result
Double Beat
EPS + Revenue vs. estimates
Period
Q4 2025
FY2025 • Reported 2026-02-04
Executive Summary
Alphabet reported Q4 2025 revenue of $110.2 billion, up 14% YoY. Full-year 2025 revenue reached $420 billion. Google Cloud crossed a $60B annual run rate. Waymo completed over 200,000 paid rides per week across 5 US cities.
Key Highlights
Revenue
positive
Q4 revenue $110.2B
Q4 revenue of $110.2B beat estimates, with full-year 2025 at $420B.
Cloud
positive
Cloud run rate $60B+
Google Cloud crossed a $60B annual run rate with operating margin of 30%.
Waymo
positive
Waymo scales to 200K rides/week
Waymo completed over 200,000 paid rides per week across San Francisco, Phoenix, LA, Austin, and Atlanta.
AI
positive
Gemini 2.0 adoption
Gemini 2.0 adopted by over 5 million developers, with enterprise API usage growing 4x YoY.
Direct Quotes
SP
Sundar Pichai
CEO • 2025 Results
"2025 was an extraordinary year of AI-driven growth. Gemini 2.0 is our most capable model ever, and we're seeing it drive results across Search, Cloud, and YouTube."
RP
Ruth Porat
CFO • Annual Results
"Full-year 2025 revenue reached $420 billion with operating income growing faster than revenue."