Alphabet CFO: Cloud business order backlog reaches $462 billion, with the majority of TPU hardware revenue set to be realized in 2027

Glonghui, April 30 — After the market closed on Wednesday Eastern Time, Alphabet Chief Financial Officer Ruth Porat stated during the earnings call that Tensor Processing Unit (TPU) hardware contracts are now included in the cloud business’s $462 billion order backlog, though the majority of these orders remain with Google Cloud Platform agreements. Over half of the total order backlog is expected to be recognized as revenue in the next 24 months. Regarding TPU hardware sales specifically, a small portion of revenue is expected to be recognized later this year, with the vast majority to be realized in 2027.