Alphabet's revenue rose 25% while its profit fell, according to a report by The New York Times.
The Times said the company has been spending "relentlessly" to build A.I., and that its revenue growth was not as high as investors had anticipated. Revenue still rose 25%, the headline says, but growth fell below what investors had expected.
The newspaper also reported that profit dropped because of changes to the value of the company's investments. According to the summary, the report does not tie the profit decline to the company's spending on A.I.
For readers, revenue is the money a company takes in from its operations, and profit is what remains after expenses and other items are counted. The Times's report pairs a rise in one with a fall in the other, which is possible when expenses or investment values move in ways that sales do not. The summary does not say which items moved the profit figure beyond the investments.
The Times's headline gives the 25% revenue increase, while its summary describes the profit decline only in general terms. The summary does not give a dollar figure for either measure, so none is reported here. The Times's full article, which this summary does not reproduce, would be the place for the complete figures.
The New York Times lists Kate Conger as the author of the report, which was published on October 28, 2026.
Sources: The New York Times: Alphabet’s Revenue Rises 25% as Profit Falls.