Google Cloud revenue surges 63% to exceed $20 billion, becoming Alphabet’s primary growth driver

EarningsProduct / Tech Impact 4
โดย Yahoo Finance·Read original
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Alphabet’s Google Cloud revenue accelerated 63% to exceed $20 billion in a single quarter, with operating margin jumping from 17.8% to 32.9%. Management confirmed that enterprise AI solutions have become the primary growth driver for cloud, powered by a nearly 800% year-over-year surge in revenue from products built on advanced AI models. The segment’s backlog of contracted future revenue nearly doubled from the prior quarter to $462 billion, signaling durable demand. However, the company is compute constrained in the near term and plans for 2027 capital expenditures to significantly increase over 2026’s already large $180 billion to $190 billion budget.

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Alphabet Inc Class C
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Google Cloud revenue surged 63% to over $20B, driven by enterprise AI solutions with 800% YoY growth in AI products

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