
How big are the Cloud Kings' cloud businesses?
We read the latest annual report of all 17 eligible companies. Here is what each one discloses about its cloud business, and where the disclosures fall short.
NASDAQ: GOOGL · #1 in The Cloud Kings 10
Alphabet is the parent company of Google. Its Google Cloud segment includes Google Cloud Platform infrastructure and data services as well as Google Workspace.
Why it qualifies for the Cloud Kings ranking
Google Cloud is a separately reported segment.
Verified against Alphabet Form 10-K, fiscal year 2025 on Oct 16, 2026. Eligibility rules
Virtual machines running in Google's data centers.
Managed Kubernetes from the company that created the project.
Run containers and functions on fully managed infrastructure.
Object storage for companies of all sizes.
Serverless, multi-cloud data warehouse.
Platform for building and deploying ML models and AI applications.
Content delivery on Google's global edge network.
Class A shares shown. Market cap includes all share classes.
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How cloud is reported: Google Cloud is a separately reported segment with its own revenues and operating income.
No news about Alphabet has been published yet.

We read the latest annual report of all 17 eligible companies. Here is what each one discloses about its cloud business, and where the disclosures fall short.

Price times shares sounds simple. For the world's largest cloud companies, share classes, treasury shares, depositary receipts and currencies all get in the way.