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Quarterly Report — Q3 2024
Filed October 30, 2024
Revenue climbed to $88.3 billion in Q3 2024, up roughly 15% year-over-year from $76.7 billion, with Google Search and YouTube ads continuing to drive the bulk of growth. Google Cloud surged to $11.4 billion (up from $8.4 billion a year ago), signaling the AI-fueled cloud business is becoming a serious profit engine. The company plowed $13.1 billion into capital expenditures in the quarter — a clear bet that massive AI infrastructure spending today will lock in dominance tomorrow.
What is Quarterly Report?
Filed after each of the first three fiscal quarters with unaudited financial statements, management discussion, and any material changes to risk factors or legal proceedings.
Quarterly financial update — tracks business trajectory between annual reports.
Extracted Milestones (2)
Waymo New Funding Round Closed
Waymo received new external funding through a VIE structure in early February 2026, as indicated by a subsequent event disclosure referencing Waymo-related financing activity.
Character.ai Technology Licensing Deal
Alphabet executed a licensing arrangement with Character.ai in August 2024, as disclosed in the 10-K financial statements.