As of Q4'25, GOOGL's latest reported operating income reached USD 35.9B, marking a year-over-year growth rate of 16%. This represents the highest quarterly operating income in the period covered, continuing the company's upward trajectory. From Q1'23 to Q4'25, GOOGL's operating income demonstrated a strong and consistent growth trend, rising from USD 17.4B to USD 35.9B. The year-over-year growth rate peaked at 46% in Q1'24 and gradually moderated to 16% by Q4'25, indicating sustained expansion but at a decelerating pace. Notably, each subsequent quarter generally surpassed the previous, with significant inflection points in Q1'24 and Q4'25, highlighting robust operational performance over the observed period.