Alphabet reports Waymo's Q3 revenue of $372M with a $2.05B operating loss
Overview
Alphabet's Other Bets segment, which includes Waymo, reported $372 million in third-quarter revenue, up 8% from a year earlier and 0.3% of total sales, according to the company's earnings report.
The segment's operating loss widened to $2.05 billion from $1.43 billion a year earlier.
Alphabet also reported negative free cash flow of over $9 billion for the quarter, per CNBC. Waymo plans robotaxi rides in Germany in 2027 and has planned expansions into Canada, Singapore and Spain.
Written by AI from the articles below · updated Oct 28, 8:32 PM ET
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- CNBC · TechnologyNewsWaymo expands overseas, but remains a niche cash-burning business for Alphabet
AIAlphabet's Other Bets segment, which includes Waymo, generated $372 million in third-quarter revenue, up 8% from a year earlier and 0.3% of total sales, while its operating loss widened to $2.05 billion from $1.43 billion. Waymo plans robotaxi rides in Germany in 2027 and has planned expansions into Canada, Singapore and Spain. Alphabet also reported negative free cash flow of over $9 billion for the quarter.
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