Alphabet has reported a strong finish to 2025, with fourth-quarter revenue rising 18 year over year to 113.8 billion, driven by accelerating momentum in both Google Services and Google Cloud. For the full year, Alphabet crossed a major milestone, with annual revenue exceeding 400 billion for the first time, reaching 402.8 billion. Net income for the quarter jumped 30 to 34.5 billion, while diluted earnings per share climbed 31 to 2.82, reflecting broad-based growth and operating leverage across the business.
Google Services, the company's largest segment, generated 95.9 billion in quarterly revenue, up 14. Growth was led by Google Search other, which rose 17, and Google subscriptions, platforms and devices, also up 17, while YouTube ads increased 9. YouTube's combined advertising and subscription revenue surpassed 60 billion for the full year, underscoring its expanding role as a global media and subscription platform. Alphabet also reported more than 325 million paid subscriptions across consumer services, including strong uptake of Google One and YouTube Premium.
Google Cloud continued to be a standout performer, with revenue surging 48 year over year to 17.7 billion in the quarter. Growth was fueled by demand for enterprise AI infrastructure, AI solutions, and core Google Cloud Platform products. Cloud operating income more than doubled to 5.3 billion, signaling improved scale and efficiency. Alphabet said Cloud exited 2025 at an annual revenue run rate of over 70 billion, highlighting the impact of enterprise AI adoption.
