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Alphabet Class A (GOOGL) Operating Income by Segment

Operating Income by Segment

Shows profit contribution from Google’s main parts (search/ads, cloud, other businesses), helping investors identify which segments fund growth, which are dragging overall earnings, and where management is achieving operating leverage.

-$20.00B-$10.00B$0.00$10.00B$20.00B$30.00B$40.00B$50.00BMar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Chart Insights

Alphabet’s profit engine is broadening beyond Services as Cloud transitions from a former drag into a major earnings contributor, supported by accelerating AI infrastructure demand and a large contracted backlog. However, the benefits are being partially absorbed by sharply rising Alphabet-level costs tied to shared AI R&D, while Other Bets remain structurally loss-making. Management’s expectation of near-term Cloud margin pressure from third-party capacity and significantly higher capital spending suggests operating leverage may be delayed, even as AI strengthens the long-term earnings mix.

GOOGL Operating Income by Segment

DateOther BetsCorporate Costs and OtherServicesCloud
Sep 30, 2026-$2.05B-$7.66B$39.16B$11.12B
Jun 30, 2026-$1.80B-$5.79B$39.54B$8.81B
Mar 31, 2026-$2.10B-$5.39B$40.59B$6.60B
Dec 31, 2025-$3.62B-$5.89B$40.13B$5.31B
Sep 30, 2025-$1.43B-$4.47B$33.53B$3.59B
Jun 30, 2025-$1.25B-$3.37B$33.06B$2.83B
Mar 31, 2025-$1.23B-$3.03B$32.68B$2.18B
Dec 31, 2024-$1.17B-$2.78B$32.84B$2.09B
Sep 30, 2024-$1.12B-$3.17B$30.86B$1.95B
Jun 30, 2024-$1.13B-$2.29B$29.67B$1.17B
Mar 31, 2024-$1.02B-$2.31B$27.90B$900.00M
Dec 31, 2023-$863.00M-$3.03B$26.73B$864.00M
Sep 30, 2023-$1.19B-$1.67B$23.94B$266.00M
Jun 30, 2023-$813.00M-$1.20B$23.45B$395.00M
Mar 31, 2023-$1.23B-$3.29B$21.74B$191.00M
Dec 31, 2022-$830.00M-$830.00M$21.10B-$480.00M
Sep 30, 2022-$1.61B-$336.00M$19.78B-$699.00M
Jun 30, 2022-$1.69B-$773.00M$22.77B-$858.00M
Mar 31, 2022-$1.16B-$740.00M$22.92B-$931.00M
Dec 31, 2021-$1.45B-$1.04B$25.99B-$890.00M
Sep 30, 2021-$1.29B-$1.01B$23.97B-$644.00M
Jun 30, 2021-$1.40B-$993.00M$22.34B-$591.00M
Mar 31, 2021-$1.15B-$990.00M$19.55B-$974.00M
Dec 31, 2020-$1.14B-$1.04B$19.07B-$1.24B
Sep 30, 2020-$1.10B-$929.00M$14.45B-$1.21B
Jun 30, 2020-$1.12B-$614.00M$9.54B-$1.43B
Mar 31, 2020-$1.12B-$720.00M$11.55B-$1.73B
Dec 31, 2019-$2.03B-$1.00B$13.49B-$1.19B
Sep 30, 2019-$941.00M-$628.00M$0.00$0.00
Jun 30, 2019-$989.00M-$219.00M$0.00$0.00
Mar 31, 2019-$868.00M-$1.85B$0.00$0.00
Dec 31, 2018-$1.33B-$169.00M$0.00$0.00
Sep 30, 2018-$727.00M-$453.00M$0.00$0.00
Jun 30, 2018-$732.00M-$5.42B$0.00$0.00
Mar 31, 2018-$571.00M-$796.00M$0.00$0.00
Dec 31, 2017-$916.00M-$183.00M$0.00$0.00
Sep 30, 2017-$812.00M-$159.00M$0.00$0.00
Jun 30, 2017-$633.00M-$2.90B$0.00$0.00
Mar 31, 2017-$703.00M-$175.00M$0.00$0.00
Dec 31, 2016-$1.09B-$156.00M$0.00$0.00
Sep 30, 2016-$861.00M-$146.00M$0.00$0.00
Jun 30, 2016-$855.00M-$167.00M$0.00$0.00
Mar 31, 2016-$774.00M-$129.00M$0.00$0.00
Dec 31, 2015-$1.21B-$151.00M$0.00$0.00
Sep 30, 2015-$980.00M-$119.00M$0.00$0.00