GOOGL · Tech
Follow Google
Or get the weekly version: Ask AYO Weekly. One email, Sunday evenings. Sign up here. Unsubscribe anytime.
Alphabet beat on revenue and operating profit, but a paper gain added $6.26 to EPS. Cloud grew 82% as AI spending pushed free cash flow negative.
Alphabet posted revenue of $109.9 billion, up 22%. Google Cloud exploded 63% to $20 billion. Net income nearly doubled. EPS hit $5.11. We break it down in plain English.
Google (Alphabet) just crossed $400 billion in annual revenue. Here’s a plain English breakdown of their results and their massive new bet on AI.