Alphabet posts first $100B quarter on AI-led growth

Alphabet reported its first quarterly revenue above $100 billion on Wednesday, posting $102.3 billion in revenue for the third quarter of 2025 and net income of $34.98 billion, driven by stronger-than-expected demand for artificial intelligence services across Search and Cloud. The results, covering July through September, beat Wall Street estimates on both sales and earnings per share, and prompted a jump in the company’s share price in extended trading.

Revenue rose about 16 percent from $88.3 billion a year earlier. Google Search, YouTube advertising, and Google Cloud all delivered double-digit growth. Search revenue increased roughly 14 to 15 percent to about $56.6 billion, YouTube ad revenue rose to approximately $10.3 billion, and Google Cloud revenue climbed to $15.16 billion. Google Services, the segment that includes Search and advertising, generated about $87.1 billion. Subscriptions, platforms and devices contributed $12.87 billion, while Other Bets reported $344 million in revenue and a loss of $1.43 billion.

Chief Executive Sundar Pichai framed the results around AI integration and product rollout in a shareholder letter, saying, "We delivered our first-ever 100...