Google Cloud recorded $30.71 billion in third-quarter revenue; parent Alphabet spent $51.36 billion on capital expenditure.

The supplied earnings reports show Google Cloud Q3 revenue of $30.71 billion and Alphabet-wide capital expenditure of $51.36 billion. These figures have different scopes: the capital-expenditure total is not identified as spending exclusively by Google Cloud.

Alphabet reported total quarterly revenue of $127.58 billion, operating income of $40.58 billion, and earnings per share of $2.12, versus $2.87 a year earlier. One earnings summary lists analyst estimates of $29.1 billion for Google Cloud revenue and $55.78 billion for capital expenditure, although other supplied messages use different Cloud consensus estimates.

The company’s trailing-12-month free cash flow was $19.75 billion, down 73% year over year; this is not a single-quarter cash-flow figure. Additional messages report $152 billion in lease and other obligations, $125.1 billion in long-term debt, and a 36% rise in research and development spending, attributed by management to AI hiring and depreciation.

Management maintained full-year capital-expenditure guidance of $195 billion–$205 billion and said it expected a substantial increase in 2027. Executives also forecast near-term fourth-quarter margin pressure as third-party cloud capacity began to be used; these remain management expectations rather than reported fourth-quarter results.