Company: GOOGL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001652044-25-000062
Chunk: 61

Company: Alphabet Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 represent Alphabet-level activities. These costs primarily include certain AI-focused shared R&D activities, including development costs of our general AI models; corporate initiatives such as our philanthropic activities; corporate shared costs such as certain finance, human resource, and legal costs, including certain fines and settlements. Charges associated with employee severance and office space reductions are also not allocated to our segments. Additionally, hedging gains (losses) related to revenue are not allocated to our segments.Our Chief Operating Decision Maker (CODM) is our Chief Executive Officer, Sundar Pichai. Our CODM uses segment operating income (loss) to allocate resources to our segments in our annual planning process and to assess the performance of our segments, primarily by monitoring actual results versus the annual plan. Our operating segments are not evaluated using asset information.The following table presents revenue, profitability, and expense information about our segments (in millions): Three Months EndedSix Months EndedJune 30,June 30, 2024202520242025Revenues:Google Services$73,928 $82,543 $144,326 $159,807 Google Cloud10,347 13,624 19,921 25,884 Other Bets365 373 860 823 Hedging gains (losses)102 (112)174 148 Total revenues$84,742 $96,428 $165,281 $186,662 Operating income (loss):Google Services$29,674 $33,063 $57,571 $65,745 Google Cloud1,172 2,826 2,072 5,003 Other Bets(1,134)(1,246)(2,154)(2,472)Alphabet-level activities(2,287)(3,372)(4,592)(6,399)Total income from operations$27,425 $31,271 $52,897 $61,877 Supplemental information about segment expenses:Google Services:Employee compensation expenses$11,240 $11,306 $22,751 $22,643 Other costs and expenses33,014 38,174 64,004 71,419 Total Google Services costs and expenses$44,254 $49,480 $86,755 $94,062 Google Cloud:Employee compensation expenses$5,175 $5,517 $10,332 $10,929 Other