Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 147

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 147
---
-level activities include charges related to employee severance and office space charges.

Google Services

Google Services operating income increased $3.4 billion from the three months ended June 30, 2024 to the three months ended June 30, 2025. The increase in operating income was primarily driven by an increase in revenues, partially offset by increases in expenses related to legal and other matters, TAC, and content acquisition costs. 

Google Services operating income increased $8.2 billion from the six months ended June 30, 2024 to the six months ended June 30, 2025. The increase in operating income was primarily driven by an increase in revenues, partially offset by increases in TAC and content acquisition costs. 

Google Cloud

Google Cloud operating income increased $1.7 billion and $2.9 billion from the three and six months ended June 30, 2024 to the three and six months ended June 30, 2025, respectively. The increase in operating income was primarily driven by an increase in revenues, partially offset by increases in usage costs for technical infrastructure and employee compensation expenses.

Other Bets

45

Other Bets operating loss increased $112 million and $318 million from the three and six months ended June 30, 2024 to the three and six months ended June 30, 2025, respectively. The increase in operating loss was due to a combination of factors, none of which were individually significant.

Other Income (Expense), Net

The following table presents OI&E (in millions):

Three Months EndedSix Months Ended June 30,June 30, 2024202520242025Interest income$1,090 $1,050 $2,151 $2,051 Interest expense(67)(261)(161)(295)Foreign currency exchange gain (loss), net(173)(69)(411)(175)Gain (loss) on debt securities, net(310)165 (772)367 Gain (loss) on equity securities, net(714)1,286 1,529 11,044 Performance fees128 (83)232 (123)Income (loss) and impairment from equity method investments, net32 419 6 397 Other140 155 395 579 Other income (expense), net$126 $2,662 $2,969 $13,845 

OI&E, net increased $2.5 billion from the three months