Google’s annual revenue tops $400 billion for the first time

YouTube’s annual revenue ballooned past $60 billion in ads and subscriptions.

Google’s parent company, Alphabet, has earned more than $400 billion in annual revenue for the first time. The company announced the milestone as part of its Q4 2025 earnings report released on Wednesday, which highlights the 15 percent year-over-year increase as its cloud business and YouTube continue to grow.

As noted in the earnings report, Google’s Cloud business reached a $70 billion run rate in 2025, while YouTube’s annual revenue soared beyond $60 billion across ads and subscriptions. Alphabet CEO Sundar Pichai told investors that YouTube remains the “number one streamer,” citing data from Nielsen. The company also now has more than 325 million paid subscribers, led by Google One and YouTube Premium.

In addition to surging revenue and subscribers, Google reported that its Gemini AI app surpassed 750 million users following the launch of its Gemini 3 model in November, marking a 100 million increase. Gemini 3 continues to dominate the AI industry, with a custom version of the AI model set to power a more personalized version of Apple’s Siri.

Additionally, Pichai noted that Google Search saw more usage over the past few months “than ever before,” adding that daily AI Mode queries have doubled since launch. Google will soon take advantage of the popularity of its Gemini app and AI Mode, as it plans to build an agentic checkout feature into both tools.

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Posted Thursday 5 February 2026 at 1:00 pm AEST (my time).

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