Alphabet brought in $90.2 billion of revenue in Q1, topping consensus analyst estimates of $89.2 billion, and $2.81 diluted earnings per share ($34.5 billion net income), smashing forecasts of $2.01 EPS ($24.8 billion net income), according to FactSet.

Alphabet (GOOG, GOOGL) stock rose over 3% Friday after the company reported strong fiscal first quarter earnings, beating expectations. It also announced a 5% dividend increase and $70 billion in stock buybacks.

Alphabet (GOOG) is set to report Q1 2025 earnings this week, and investors are paying close attention. While analysts are still broadly