Waymo's parent reports widening losses in Other Bets despite global expansion
Alphabet's Other Bets segment, which includes Waymo, posted $372 million in third-quarter revenue, just 0.3% of total company sales, while its operating loss grew to $2.05 billion from $1.43 billion a year earlier. CEO Sundar Pichai highlighted Waymo's growth to 15 U.S. cities plus new service in San Antonio, San Diego and Tampa, with planned expansion into Canada, Germany, Singapore and Spain.
GoKawiil's interpretation of the reporting above, not reported fact.
The figures suggest Waymo remains a costly bet for Alphabet even as it leads the U.S. robotaxi market against rivals like Zoox and Tesla, and faces international competition from Baidu's Apollo Go. With Alphabet's free cash flow now negative amid heavy AI investment, continued large losses at Other Bets could draw sharper investor scrutiny than in years when core ad revenue easily absorbed such spending.
- Other Bets revenue was $372 million, just 0.3% of Alphabet's total sales
- Operating loss in the segment widened to $2.05 billion from $1.43 billion a year prior
- Waymo plans expansion into Canada, Germany, Singapore and Spain following growth in 15 U.S. cities
Source: cnbc.com — Lora Kolodny, 2026-10-28
Published there as: “As Waymo expands overseas, it remains a niche cash-burning business”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.