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Benzinga
Benzinga
Business
Piero Cingari

Google’s Most Profitable Quarter Ever Ended With Negative Cash: One Number Explains It

Google Alphabet Alphabet Inc Nasdaq Anat Ashkenazi Meta Microsoft
Alphabet Company Logo On Screen

Alphabet Inc. (NASDAQ:GOOGL) delivered the most profitable quarter in its history. It also delivered something it had never delivered before: negative free cash flow.

Despite reporting record revenue and profit, Alphabet Inc. shares fell over 6% in early trading Thursday as investors focused on one metric that is increasingly defining the AI race: capital expenditures.

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