Alphabet today announced Q1 2025 earnings with $90.23 billion in revenue. These numbers range from January to March.
Revenue is up 12% from $80.5 billion in Q1 2024, with operating income at $30.6 billion and net income of $34.54 billion for this quarter (versus $23.66 billion a year ago). For comparison, Alphabet reported $96.47 billion in revenue and $26.54 billion in net income last quarter.
“We’re pleased with our strong Q1 results, which reflect healthy growth and momentum
Sundar Pichai, CEO
across the business. Underpinning this growth is our unique full stack approach to AI. This quarter was super exciting as we rolled out Gemini 2.5, our most intelligent AI model, which is achieving breakthroughs in performance and is an extraordinary foundation for our future innovation. Search saw continued strong growth, boosted by the engagement we’re seeing with features like AI Overviews, which now has 1.5 billion users per month. Driven by YouTube and Google One, we surpassed 270 million paid subscriptions. And Cloud grew rapidly with significant demand for our solutions.”
In Q1 2025, YouTube ad revenue was $8.927 billion (versus $8.09 billion a year ago), while Cloud reported $12.26 billion (compared to $9.57 billion).
“Google subscriptions, platforms, and devices” (previously “Google other”) — which includes hardware, Play Store, and non-advertising YouTube revenues — reported $10.38 billion, compared to $8.74 billion the same quarter last year.
“Other Bets” continues to lose money. It reported $450 million in revenue compared to $495 million in Q1 of 2024. It lost $1.23 billion compared to $1.02 billion in the same quarter of last year.
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