Wednesday’s report follows Alphabet’s better-than-expected Q1 release earlier this year, in which the company reported year-over-year growth of 12% and 49% for its top and bottom lines, respectively, after Google’s search unit generated more in sales than analysts projected.

Alphabet (GOOG) stock rose by just over 1% on July 24, despite the company beating Q2 estimates on nearly all metrics. In this article, we’ll look at the key takeaways from Alphabet’s Q2 earnings and examine whether it is a good buy.

The company increased its capital expenditures for 2025 by $10 billion due to “strong and growing demand for our Cloud products and services.”

Alphabet Q2 results addressed investor concerns around rising capital expenditures and long-term competitiveness in AI.

Live Updates Live Coverage Updates appear automatically as they are published. Revenue By Segment Heading Into Q2 1:16 pm Alphabet’s strength lies in its breadth. This table breaks down Q1 revenue by segment,

YouTube’s ad revenue for the quarter ending June 30, 2025 was expected to come in at $9.6 billion; the UGC platform bested that with roughly $9.8 billion. Another beat. Read last year’s comparable Alphabet quarterly earnings here, and the most-recent quarterly results here.

YouTube had a strong showing in the second quarter for 2025, with ad revenue for the video platform up 13.1% year-over-year, hitting $9.8 billion. That ad revenue growth was spearheaded by direct response marketing.

Google-parent Alphabet on Wednesday reported quarterly profits that topped expectations, saying artificial intelligence has boosted every part of its business.

Alphabet Inc.'s Q2 saw 12% revenue growth, fueled by Google Cloud's 20.7% margins and AI adoption. Click for my updated look at GOOGL stock post earnings.

Alphabet/Google reported that it earned a net income of $28.2 billion on revenues of $96.4 billion in the quarter ending June 30, 2025.

Gains for several big tech companies helped nudge U.S. indexes to more records even as most stocks in the market fell

YouTube ad revenue climbed to $9.8 billion in Q2 2025; Alphabet reported a 14 percent year-over increase in total revenue to $96.4 billion.