Key Financial Updates from Alphabet and Nvidia
Alphabet (NASDAQ: GOOGL, GOOG) reported a significant surge in its cloud backlog, which increased by 55% to $240 billion in the fourth quarter of 2025. This growth is largely attributed to a 48% year-over-year revenue increase in Google Cloud, amounting to $17.7 billion, contributing to the company’s overall revenue of $113.8 billion for the quarter, an 18% year-over-year rise. For the first time, Alphabet’s full-year revenue crossed the $400 billion mark.
In contrast, Nvidia (NASDAQ: NVDA) experienced a remarkable 75% year-over-year growth in data center revenue, reaching $62.3 billion in its fourth quarter of fiscal 2026. Overall, Nvidia’s full-year revenue climbed 65% to $215.9 billion, driven by strong demand and significant pricing power, evident in its 75% gross margins.
Despite Nvidia’s accelerated growth, its stock trades at a price-to-earnings ratio of about 37, while Alphabet’s is around 28. Analysts suggest Alphabet might represent a more appealing long-term investment option due to its diversified business model and cloud momentum.
