Google's parent company posted $113.83 billion in quarterly revenue, driven by robust Google Cloud performance and significantly higher capital expenditures.
Alphabet Inc., the parent company of Google, reported $113.83 billion in Q4 2024 revenue, exceeding analyst expectations of $111.4 billion. Google Cloud contributed $17.66 billion, also ahead of the $16.2 billion forecast. Capital expenditures surged to $91.45 billion from an expected $28.17 billion, highlighting increased investment activity.