v3.25.4
Revenues
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregated Revenues
The following table presents revenues disaggregated by type (in millions):
Year Ended December 31,
202320242025
Google Search & other$175,033 $198,084 $224,532 
YouTube ads31,510 36,147 40,367 
Google Network31,312 30,359 29,792 
Google advertising237,855 264,590 294,691 
Google subscriptions, platforms, and devices
34,688 40,340 48,030 
Google Services total272,543 304,930 342,721 
Google Cloud33,088 43,229 58,705 
Other Bets1,527 1,648 1,537 
Hedging gains (losses)236 211 (127)
Total revenues$307,394 $350,018 $402,836 
No individual customer or groups of affiliated customers represented more than 10% of our revenues in 2023, 2024, or 2025.
The following table presents revenues disaggregated by geography, based on the addresses of our customers (in millions):
Year Ended December 31,
 202320242025
United States$146,286 47 %$170,447 49 %$194,229 48 %
EMEA(1)
91,038 30 102,127 29 117,152 29 
APAC(1)
51,514 17 56,815 16 67,680 17 
Other Americas(1)
18,320 20,418 23,902 
Hedging gains (losses)236 211 (127)
Total revenues$307,394 100 %$350,018 100 %$402,836 100 %
(1)    Regions represent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America ("Other Americas").
Revenue Backlog
As of December 31, 2025, we had $242.8 billion of remaining performance obligations (“revenue backlog"), primarily related to Google Cloud. Revenue backlog represents commitments in customer contracts that have not yet been recognized as revenue. We expect to recognize just over 50% of the revenue backlog as revenues over the next 24 months with the remainder to be recognized thereafter. The estimated revenue backlog and timing of revenue recognition for these commitments is largely driven by contract duration, our ability to deliver in accordance with relevant contract terms, and when our customers utilize services. Revenue backlog includes related deferred revenue currently recorded as well as amounts that will be invoiced in future periods, and excludes contracts with an original expected term of one year or less and cancellable contracts.
Deferred Revenues
We record deferred revenues when cash payments are received or due in advance of our performance, including amounts which are refundable. Deferred revenues primarily relate to Google Cloud and Google subscriptions, platforms, and devices. Total deferred revenue as of December 31, 2024 was $6.0 billion, of which $4.6 billion was
recognized as revenues for the year ended December 31, 2025. Total deferred revenue as of December 31, 2025 was $8.6 billion.