Live: Complete Alphabet (GOOG) Earnings Coverage

Live Updates Live Coverage Updates appear automatically as they are published. Continuing To Analyze... 4:07 pm by Eric Bleeker Here’s a more detailed sumamary of Alphabet’s earnings: Alphabet Inc. reported strong financial results for Q2 2025, with revenues reaching $96.4 billion, a 14% increase year-over-year. The growth was driven by double-digit increases across Google Services, YouTube ads, and Google Cloud, which saw a remarkable 32% rise in revenues. Operating income also grew by 14% to $31.3 billion, maintaining an operating margin of 32.4%. Net income increased by 19% to $28.2 billion, and EPS rose 22% to $2.31, surpassing the estimated EPS of $2.15. CEO Sundar Pichai highlighted the company’s leadership in AI and the strong performance of new AI features in Search and Cloud. Alphabet also announced plans to increase capital expenditures to $85 billion in 2025, reflecting confidence in future growth opportunities. More Details... 4:06 pm by Eric Bleeker Alphabet’s Q2 2025 Earnings Soar with AI-Driven Growth Google Cloud Revenue Surges 32% in Q2 2025 Sundar Pichai Announces $85 Billion CapEx for 2025 Amid Strong Cloud Demand Alphabet’s EPS Beats Estimates, Driven by AI and Cloud Expansion YouTube and Google Services Fuel Alphabet’s 14% Revenue Growth in Q2 2025 Alphabet’s Net Income Jumps 19% as AI Features Boost Search Revenue Earnings Beat 4:04 pm by Eric Bleeker EPS of $2.31 Revenue of $96.43 billion Both figures are solid beats. Earnings Are Out 4:03 pm by Eric Bleeker And Alphabet shares immediately jump 2.5%. We’ll be posting more updates shortly. Closing Bell Rings in 30 Minutes 3:29 pm by Eric Bleeker We are officially 30 minutes away from the closing bell. Alphabet shares have recovered slightly from their midday lows and the company is down about .33% in late trading. As a reminder, we’ll be posting live analysis right after earnings are released. Simply stay on this page and new updates will load. We expect earnings to release shortly after 4 p.m. ET. AI Monetization 3:04 pm Alphabet’s AI story is no longer theoretical. This table outlines how different business lines — from Search to Workspace — are integrating and monetizing Gemini-powered capabilities. Area Product / Initiative Monetization Lever Search Gemini-powered responses Ads alongside AI answers Workspace Gemini for Google Docs $10–30/user/month pricing Cloud (Vertex AI) Generative AI APIs Usage-based + tiered YouTube DreamScreen, dubbing, Shorts Creator tools + ad lift Ads Demand Gen, Performance Max ROI-based pricing, CPC What Will Search Commentary Look Like? 2:42 pm by Eric Bleeker If you’re closely following Google’s earnings, one area to key in on is what management says about monetization from their AI overview results. The company announced ‘AI Mode’ to combat the rising threat of ChatGPT. The more commentary the company provides on AI overviews providing not only engagement but also monetizing well, the better the reaction from Wall Street tomorrow. Operating Margin and AI Investment 1:56 pm Investors want to know if Alphabet can scale AI without eroding profitability. This table tracks margin trends alongside strategic investment in infrastructure and inference workloads. Quarter Op Margin Commentary Q1 2025 29.2% Operating leverage + AI infra scaling Q4 2024 28.4% Ad recovery + Cloud breakeven Q3 2024 27.1% Cost control, YouTube growth Q2 2024 26.5% Lower TAC, modest Cloud margin A Big Quarter for Alphabet 1:39 pm by Eric Bleeker Alphabet shares are up 15% in the past month as the narrative on the company shifts. Whereas most discussion on Alphabet months ago centered around the disruption of their search business, Wall Street has been warming up to Alphabet recently. For one, EPS revisions have been going up as positive ‘channel checks’ on search reveal it’s proving more defensible against the growth of chatbots like ChatGPT in the near term. In the past 90 days, there have been 26 positive EPS revisions while only 10 were negative. Another factor is that other parts of Alphabet’s business like Waymo, Google Cloud, and YouTube have all been performing at a high level. In addition, the company is gaining traction in usage of its own Gemini suite of AI products. The billion-dollar question tonight will be whether Google releases good enough earnings to continue turning its narrative around. Revenue By Segment Heading Into Q2 1:16 pm Alphabet’s strength lies in its breadth. This table breaks down Q1 revenue by segment, revealing where the real growth is coming from — whether it’s Search, YouTube, Cloud, or Other Bets. Cloud returned to high-20s % growth, while Search and YouTube showed strength across both brand and performance formats Segment Revenue YoY Growth Google Search $46.2B +13% YouTube Ads $9.5B +10% Google Cloud $11.7B +28% Google Other $8.9B +9% Other Bets $425M -2% How Did Alphabet's Stock Perform After Past Earnings 12:52 pm GOOG has posted four consecutive beats with consistently strong multi-day gains — investor confidence is high heading into Q2. Quarter EPS Surprise 1-Day Move 7-Day Move 14-Day Move Q1 2025 +39.7% +10.2% +13.5% +15.1% Q4 2024 +0.9% +6.1% +7.8% +9.0% Q3 2024 +1.1% +5.3% +6.7% +6.0% Q2 2024 +2.5% +5.9% +6.3% +6.9% Alphabet (Nasdaq:GOOG) reports Q2 2025 earnings after the market closes tonight. The Street expects strong double-digit top-line growth driven by continued strength in Search, YouTube, and AI-tailwind monetization through Cloud and Gemini. The Q1 call highlighted broad momentum across ad formats and product surfaces, especially YouTube Shorts and CTV, while also pointing to operating leverage across key businesses. With shares near all-time highs, this quarter’s focus will be on evidence of durable AI monetization and whether Google Cloud’s recent reacceleration can continue. What to Expect Revenue: $94.02 billion EPS (Normalized): $2.20 FY 2025 Revenue: $388.85 billion FY 2025 EPS: $9.66 Consensus implies 11.1% YoY revenue growth and a 20.1% EPS increase, reflecting operating leverage and improving ad pricing across YouTube and Search Key Areas to Watch Tonight 1. YouTube Monetization and ShortsYouTube Shorts engagement rose 20% YoY in Q1, and for the first time, revenue per watch hour matched or exceeded traditional in-stream ads in key markets like the U.S. Management will likely offer updated monetization data and highlight new AI-powered ad products. 2. Cloud and Gemini Enterprise AdoptionQ1 showed strong growth in Cloud workloads and rising Gemini demand across Workspace and Vertex AI. Watch for comments on margin mix, enterprise penetration, and generative AI inference workloads driving utilization. 3. Advertising Demand and Brand vs. Performance MixYouTube ad revenue grew 10% YoY, led by direct response campaigns, and Google continues investing in AI-enhanced ad targeting. Investors want clarity on whether performance-led growth is sustainable or cyclical. 4. YouTube TV, Subscriptions, and NFL Sunday TicketSubscriptions remain a $50B+ annualized business. Management recently confirmed 125M subscribers across YouTube Premium and Music, and is testing new SKUs like “Premium Lite.” Commentary on engagement, churn, and cross-sell with Sunday Ticket will be key. 5. Multimodal AI Tools for Creators and AdvertisersYouTube is investing in creator-facing AI tools like DreamScreen and multi-language dubbing. On the advertiser side, tools like Demand Gen and auto-optimized Shorts creatives are driving double-digit improvements in ROI. The post Live: Complete Alphabet (GOOG) Earnings Coverage appeared first on 24/7 Wall St..