The company expects capital expenditures between US$175b and US$185b in 2026, double its 2025 spending, to meet customer demand for AI products.
Google’s core search and advertising business remained the primary revenue driver, generating US$82.3b, up from US$72.5b a year earlier.
YouTube advertising revenues also grew strongly to US$11.4b from US$10.5b.
Google said it now counts over 325 million paid subscriptions across consumer services, including Google One and YouTube Premium.
The cloud division, which competes with Amazon Web Services and Microsoft Azure, has become a key growth engine for Alphabet.
Google’s Gemini AI continued to grow quickly, ending the year with 750 million monthly users.
Despite the robust growth, Alphabet’s experimental “Other Bets” division, which includes autonomous vehicle unit Waymo, posted a loss of US$3.6b on revenues of just US$370 million.
Google’s shares gained slightly more than 2% in after-market trades.
-Agence France-Presse