Overview

* Alphabet Q3 2025 revenue grows 16% yr/yr to $102.35 bln, beating analysts' expectations

* Net income for Q3 2025 increased 33%, with EPS rising to $2.87

* Google Cloud revenue increased 34% to $15.2 bln, driven by AI solutions

Outlook

* Alphabet expects 2025 capital expenditures to range from $91 bln to $93 bln

Result Drivers

* GOOGLE CLOUD GROWTH - Google Cloud revenues rose 34% to $15.2 bln, driven by AI Infrastructure and Generative AI Solutions

* GOOGLE SERVICES PERFORMANCE - Google Services revenues grew 14% to $87.1 bln, boosted by Search, YouTube ads, and subscriptions

* EC FINE IMPACT - Operating income affected by $3.5 bln EC fine, reducing operating margin

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $102.35 $99.89

Revenue bln bln (43

Analysts

)

Q3 EPS $2.87

Q3 Net $34.98

Income bln

Q3 $0.21

Dividend

Q3 30.5%

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 56 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the online services peer group is "buy"

* Wall Street's median 12-month price target for Alphabet Inc ( GOOG ) is $260.00, about 2.9% below its October 28 closing price of $267.47

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)