
• Reported GAAP EPS of $5.17 up 82.04% YoY • Reported revenue of $109.9B up 21.79% YoY
Bullish
Alphabet achieved 22% consolidated revenue growth to $109.9 billion, with Google Cloud revenue up 63% to $20.0 billion, and strong AI-driven product adoption.
Bearish
Alphabet faced a $36.9 billion net loss from non-marketable equity securities, increased AI R&D operating losses of $5.4 billion, and sequential revenue declines across all major geographies.