Google CEO Sundar Pichai gestures to the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025.
Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025.
Shares of the company were up slightly in after hours trading.
Here's how the company did, compared with estimates from analysts polled by LSEG:
Revenue: $96.43 billion vs. $94 billion estimated
$96.43 billion vs. $94 billion estimated Earnings per share: $2.31 vs. $2.18 estimated
Wall Street is also watching several other numbers in the report:
YouTube advertising revenue : $9.8 billion vs. $9.56 billion, according to StreetAccount
: $9.8 billion vs. $9.56 billion, according to StreetAccount Google Cloud revenue: $13.62 billion vs. $13.11 billion, according to StreetAccount
$13.62 billion vs. $13.11 billion, according to StreetAccount Traffic acquisition costs (TAC): $14.71 billion vs. $14.18 billion, according to StreetAccount
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