Google Alphabet earnings showed 24% year-over-year revenue growth, with Sundar Pichai tying the quarter to AI demand across Google Cloud and enterprise products. Google Cloud revenue rose 82% and backlog reached $514 billion, giving investors a larger base of committed business to track.
Pichai on Gemini Enterprise
24% revenue growth came alongside Pichai’s comment that nearly 90% of the Fortune 100 use Gemini Enterprise. He also said Google announced Gemini 3.6 Flash and Gemini 3.5 Flash-Lite, while Gemini 3.5 Flash Cyber launched with CodeMender and Gemini 3.5 Pro is in testing.
40% more daily active users are creating videos on the Gemini app since launch at I/O in May, and that puts a hard number on how quickly product usage is spreading inside Google’s AI stack. Pichai said Omni launched this quarter, and the Gemma family of open models has been downloaded over nine hundred million times, with Gemma 4 exceeding 300 million times since April.
Google Cloud backlog at $514 billion
82% Cloud revenue growth is the clearest sign of where Alphabet’s quarter accelerated fastest, and the $514 billion backlog shows demand already booked for future delivery. Search and Other revenue grew 17%, while YouTube Ads grew 13%, so the quarter was not a one-line cloud story but a broad-based expansion across the business.
2.4 million weekly active users on Antigravity add another measure of product traction, while search usage hit an all-time high during the World Cup this year. Pichai said, “Our AI investments are redefining what’s possible across every part of our business.”
Supply constraint and AI spend
Strong token usage across developers and enterprise customers is running into a bottleneck because Google continues to be supply constrained. “We have exciting momentum,” Pichai said, but the more immediate issue for shareholders is how much Alphabet will spend to meet that demand and how that will flow through margins.
The source does not answer how large the AI infrastructure bill will be next or when that spend will ease. For now, the quarter leaves Alphabet with faster cloud growth, heavier backlog, and a product portfolio that is drawing more usage than supply can comfortably absorb.
