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Alphabet Q3: Google Cloud Revenue Doubles to $30.7B, Free Cash Flow Negative

1 reports1 report sources2 hours agoUpdate

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Alphabet said Google Cloud revenue more than doubled to $30.7 billion in its third quarter, while the company's free cash flow turned negative. Total quarterly revenue was $127.6 billion, up 25% from $102.3 billion a year earlier and roughly in line with the $127.9 billion analysts expected, according to S&P Global Visible Alpha consensus estimates. The report did not give a figure for the cash-flow shortfall or say what drove it.

AI-generated from reports · 42 minutes agoUpdate

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Oct 29
  1. Fortune Term Sheet
    Alphabet Q3: Google Cloud Revenue Doubles to $30.7B, Free Cash Flow Turns Negative

    Google Cloud revenue more than doubled to $30.7 billion in Alphabet's third quarter.

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