Google Cloud's revenue increased 82% year-over-year to $24.8 billion, significantly beating Wall Street expectations of $22.46 billion, primarily due to enterprise AI solutions and infrastructure adoption. The company's cloud contracting backlog climbed to $514 billion, with overall profit reaching $112.1 billion, a substantial increase from the prior year.
Google's massive AI infrastructure capex is now visibly translating into cloud revenue growth, validating sustained enterprise AI demand and compute investments.