As of Q4'25, GOOG's latest reported Operating Income reached USD 35.9B, marking its highest level in the period from Q1'23 to Q4'25. The year-over-year growth rate for this quarter stands at 16.0%, indicating continued expansion, though at a slower pace compared to earlier quarters. From Q1'23 to Q4'25, GOOG's Operating Income demonstrated a strong upward trend, rising from USD 17.4B to USD 35.9B. The most significant acceleration occurred between Q1'24 and Q4'24, with quarterly Operating Income consistently surpassing USD 25B and YoY growth rates peaking at 46.3% in Q1'24. However, growth rates have gradually moderated over the subsequent quarters, suggesting a normalization following the rapid gains of 2024.