Alphabet reports strong quarterly results driven by Google Cloud. In the second quarter, Google Cloud revenue rises 82%, reaching $24.8 billion, according to the company’s financial disclosures cited by outlets. This figure more than doubles compared with the same period a year earlier. The growth rate also accelerates from the prior quarter, when Google Cloud revenue increased by 63% year over year, as reflected in coverage discussing the company’s sequential improvement.
Overall revenue for the quarter increases to $119.8 billion, with multiple outlets characterizing the performance as exceeding Wall Street expectations. One outlet specifically notes that Alphabet’s cloud-related results top analysts’ forecasts for quarterly cloud revenue growth. Across reporting, the key point is that Google Cloud is the main contributor to the quarter’s momentum, while Alphabet’s consolidated revenue reflects broader strength. The figures are presented as part of the company’s latest quarterly earnings update and are framed in relation to both year-over-year comparisons and the acceleration from the preceding quarter.
