Quarterly Report — Q3 2025
Filed October 30, 2025
Q3 2025 revenue hit $88.3 billion, up roughly 14% year-over-year, powered by Google Search and YouTube advertising that together topped $54 billion in the quarter. Google Cloud crossed $11.4 billion in quarterly revenue — a 35% jump from the prior year — cementing it as the company's fastest-growing major segment. The bottom line kept pace with top-line strength, as nine-month net income surged to $72.4 billion versus $62.1 billion a year earlier, while the company continued aggressive share buybacks north of $46 billion year-to-date.
Filing details
Performance by segment
Google Services
Google Services revenue grew 14% YoY to $87.1B in Q3 2025, driven by Google Search & other revenues of $56.6B (up $7.2B YoY), YouTube ads of $10.3B (up $1.3B), and subscriptions, platforms & devices of $12.9B (up $2.2B). Operating income rose to $33.5B from $30.9B, though growth was partially offset by a $3.5B EC antitrust fine and higher content acquisition costs and TAC. Google Network revenues declined slightly to $7.4B from $7.5B.
Google Cloud
Google Cloud revenue surged 34% YoY to $15.2B in Q3 2025, primarily driven by growth in Google Cloud Platform infrastructure services. Operating income nearly doubled to $3.6B from $1.9B a year ago, reflecting strong operating leverage even as employee compensation and technical infrastructure costs increased. Revenue backlog stood at $157.7B as of September 30, 2025, with over 55% expected to be recognized within 24 months.
Other Bets
Other Bets revenue declined to $344M in Q3 2025 from $388M a year ago, with operating losses widening to $1.4B from $1.1B. Revenues are generated primarily from autonomous transportation services (Waymo), healthcare-related services, and internet services (GFiber). The increase in operating loss was due to a combination of factors, none individually significant.