Q2 2025 Earnings — Results of Operations, Other Events

Revenue hit $96.4 billion in Q2 2025, up 14% year over year, with every major segment delivering double-digit growth — Google Cloud surging 32% to $13.6 billion and net income jumping 19% to $28.2 billion. CEO Sundar Pichai signaled Alphabet is raising 2025 capital expenditures to ~$85 billion to meet surging AI and cloud demand, underscoring the company's bet that its AI infrastructure buildout will sustain this growth trajectory.