Net income increased 46% to $34.5 billion and earnings per share increased 49% to $2.81 compared to last year.
Revenues and earnings beat estimates, sending the stock up over 4% in aftermarket hours on Thursday.
Google Services revenues increased 10% to $77.3 billion, reflecting strong performance across Google Search & other, Google subscriptions, platforms, and devices, and YouTube ads.
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Google Cloud revenues increased 28% to $12.3 billion, led by growth in Google Cloud Platform (GCP) across core GCP products, AI Infrastructure, and Generative AI Solutions.
The company increased its dividend by 5% to $0.21.
Prior performance
