Jun. 3 at 1:51 PM
$GOOGL $GOOG
Alphabet sees 'continued momentum into 2026'
In investor presentation slides, Alphabet said: "We are reaching significant milestones across every area of the business: From 2020 to 2025, our annual revenue more than doubled to over
$400 billion.Over the last 12 months alone, we added
$63 billion dollars to our top line. This growth continued in Q1 of this year - revenue climbed 22% year-over-year to
$110 billion. Finally, our operating income grew 30% year-over-year to
$40 billion. This momentum spans our entire portfolio.
I'll call out five areas in particular: In Search, revenue grew 19% year-over-year last quarter. AI Overviews and AI Mode are driving user engagement and AI-powered ad tools are driving better ROI for advertisers; In Cloud, Q1 year-over-year revenue growth was 63% and backlog nearly doubled quarter-over-quarter to more than
$460 billion; YouTube's total annual revenue for 2025 surpassed
$60 billion across ads and subscriptions; And Waymo has entered a new growth era, valued at
$126 billion in February, with plans to expand to 20 additional cities this year."