Alphabet Surpasses $400 Billion Annual Revenue

Alphabet reported fourth-quarter 2025 earnings Wednesday after the close, announcing annual revenue of $402.8 billion — the first time it exceeded $400 billion. Growth was driven by Gemini 3 and a 48% increase in Google Cloud to $17.7 billion; Q4 revenue was $113.8 billion, net income rose 30%, and the company plans $175–185 billion in capital expenditure next year.