[Alphabet Q1 Revenue Reaches $109.9 Billion, Up 22% Year-on-Year] According to a report by Jinse Finance, on April 30, Alphabet's Q1 revenue reached $109.9 billion, a year-on-year increase of 22%, exceeding the estimated $107.1 billion. Revenue excluding traffic acquisition costs was $94.67 billion, a year-on-year increase of 24%, surpassing the estimated $91.57 billion. Google Services revenue was $89.64 billion, a year-on-year increase of 16%, compared to the estimated $88.11 billion. Google Cloud revenue reached $20.03 billion, a year-on-year increase of 63%, exceeding the estimated $18.41 billion. Operating profit was $39.7 billion, a year-on-year increase of 30%, surpassing the estimated $36.19 billion.