Alphabet GOOGL is set to report fourth-quarter 2025 results on Feb. 4.
For fourth-quarter 2025, the Zacks Consensus Estimate for earnings is pegged at $2.58 per share, down by a penny over the past 30 days, and indicates 20% year-over-year growth.
The consensus mark for fourth-quarter revenues is pegged at $94.7 billion, indicating growth of 16.02% from the year-ago quarter’s reported figure.
Alphabet has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 18.74%.
Alphabet Inc. price-eps-surprise | Alphabet Inc. Quote
Let’s see how things have shaped up for the upcoming announcement:
GOOGL’s Search business is benefiting from AI infusion. Alphabet has been actively embedding AI, especially within Search, to enhance user experience, provide better AI-focused features, and consequently improve ad performance.
AI-powered Search features, like AI Overviews and AI Mode, are transforming the way users interact with Google Search, offering more intuitive and personalized experiences. AI Overviews, which are now scaled to more than 2 billion users, are driving meaningful query growth, particularly among younger users. AI Mode has been rolled out globally across 40 languages, attracting over 75 million daily active users and doubling queries over the last quarter. AI Max and Search are already used by hundreds of thousands of advertisers, making it the fastest-growing AI-powered search ads product.
Alphabet’s continued growth and expansion in AI and Search technologies is expected to have benefited the company’s performance in the to-be-reported quarter. The Zacks Consensus Estimate for fourth-quarter 2025 Search and other revenues is pegged at $61.27 billion, indicating 13.39% growth over the figure reported in the year-ago quarter.
Alphabet has been rapidly growing in the booming cloud computing market. Google Cloud is experiencing high demand for its enterprise AI products, including its custom TPUs, GPUs, and industry-leading AI models like Gemini 2.5. This demand is expected to have driven further growth in the to-be-reported quarter.
In third-quarter 2025, revenues from products built on Alphabet’s generative AI models (Gemini, Imagen, Veo, Chirp, and Lyria) grew more than 200% year over year, reflecting accelerating adoption. Over the past 12 months, each of roughly 150 Google Cloud customers has processed approximately 1 trillion tokens with Alphabet’s models for a wide range of applications. Google Cloud signed more billion-dollar deals in the first nine months of 2025 than in the previous two years combined, highlighting its ability to attract large-scale enterprise customers. This momentum is expected to drive Alphabet’s fourth-quarter performance as demand for Google Cloud’s AI infrastructure and solutions continues to grow.
The cloud backlog increased by $49 billion sequentially in the third quarter of 2025, reaching $155 billion. This indicates strong demand for Google Cloud services, which is expected to have continued in the fourth quarter of 2025 as well.
The consensus mark for fourth-quarter 2025 Google Cloud revenues is pegged at $16.25 billion, indicating 35.9% growth over the figure reported in the year-ago quarter.
Despite strong demand for Google Cloud products, the company expects to remain in a tight demand-supply environment in the fourth quarter of 2025 and into 2026, which could limit its ability to fully meet customer demand.
