Google just delivered its biggest quarterly revelation yet – the first-ever $100 billion revenue quarter, doubling from $50 billion just five years ago. CEO Sundar Pichai's Q3 earnings remarks reveal how AI isn't just a future promise but is driving real business results today, from 650 million monthly Gemini users to enterprise customers processing trillions of AI tokens.
Google just rewrote the rules of tech earnings. The company's Q3 2025 results mark a historic milestone – the first $100 billion quarterly revenue in Alphabet's history – and CEO Sundar Pichai's remarks reveal AI has moved from experimental to essential across every major business line.
"This was a terrific quarter for Alphabet, driven by double-digit growth across every major part of our business," Pichai told investors during the earnings call. "We're seeing AI now driving real business results across the company."
The numbers tell an extraordinary story of acceleration. Five years ago, Google's quarterly revenue sat at $50 billion. Today's $100 billion represents a complete doubling in that timeframe, coinciding precisely with what Pichai calls "the generative AI era."
At the heart of this transformation sits Gemini, Google's flagship AI model, which now processes 7 billion tokens per minute through direct API usage. The Gemini app itself has exploded to 650 million monthly active users, with queries tripling from Q2 to Q3 alone. These aren't just impressive user metrics – they're translating directly to business impact.
"AI is driving an expansionary moment for Search," Pichai explained. The company's AI Overviews and AI Mode features are driving meaningful query growth, with the effect particularly pronounced among younger users. AI Mode, launched globally across 40 languages, now boasts 75 million daily active users and shipped over 100 product improvements in Q3.
But it's in enterprise where AI's revenue impact becomes most clear. Google Cloud signed more deals over $1 billion through Q3 2025 than in the previous two years combined. The cloud division's backlog grew 46% quarter-over-quarter to $155 billion, with AI revenue as the key driver.
"Over 70% of existing Google Cloud customers use our AI products," Pichai revealed, citing enterprise clients like Banco BV, Best Buy, and FairPrice Group. Revenue from products built on Google's generative AI models grew more than 200% year-over-year, with nearly 150 customers each processing approximately 1 trillion tokens over the past 12 months.
The infrastructure powering this AI boom represents deepest competitive advantage. The company operates both GPUs and its proprietary TPUs, making it "the only company providing a wide range of both." Google's seventh-generation TPU, codenamed Ironwood, will become generally available soon, while the company announced new A4X Max instances powered by NVIDIA's GB300 chips.
