For Q1 2025, Alphabet reported net income of $34.54 billion or $2.81 per share, as compared to $23.662 billion or $1.89 per share in 2024's first quarter.

Alphabet has faced tough competition for ad budgets from other online platforms such as Facebook, Instagram, TikTok and Amazon, alongside mixed economic signals in the US.

Google parent Alphabet asked a U.S. federal judge on Monday to dismiss a Justice Department lawsuit alleging that the search giant illegally abused its dominance of online advertising.