Company Deep Dive

Alphabet’s Search Moat Is Shifting to Compute

Company Deep Dive

Alphabet’s Search Moat Is Shifting to Compute

Company Deep Dive

Alphabet’s Search Moat Is Shifting to Compute

Google Cloud revenue rose 34% to $15.2 billion in Q3 2025, with operating margin widening to 23.7% and backlog reaching $155 billion.

Alphabet’s Search Moat Is Shifting to Compute
The Alphabet wordmark in white set against a bold red background. (LogoMyWay)