Alphabet Google Cloud revenue and operating income, US$ billions, 2023-2025.
Google Cloud’s shift is measured using Alphabet’s segment revenue and operating income from 2023 through 2025. The data compares the same Google Cloud segment across three annual Form 10-K periods. Revenue increased from US$33.088 billion in 2023 to US$58.705 billion in 2025, while operating income rose from US$1.716 billion to US$13.910 billion. Operating margin improved from 5.2% in 2023 to 23.7% in 2025, showing a rapid profit turn inside Alphabet’s cloud segment.
Source 1: Alphabet Inc.
Publisher: Alphabet Inc.
Dataset/table: Note 15: Google Cloud segment revenue and operating income
Units: US$ millions
Date checked: 2026-05-23
Evidence: Supports Google Cloud revenue and operating income for 2023, 2024 and 2025.
Operating income is Alphabet’s segment operating income and excludes certain Alphabet-level activities that are not allocated to segments.
Use Alphabet’s 2025 Form 10-K segment table, which provides 2023, 2024 and 2025 Google Cloud revenue and operating income. Compute operating margin as segment operating income divided by segment revenue.
All Google Cloud revenue and operating income values come from the same Alphabet 2025 Form 10-K segment table.
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