Revenues Rise at Alphabet’s Biggest ‘Other Bet’ But So Do Losses

Verily, by far the biggest Alphabet unit by revenue after Google, continues to post heavy losses, according to previously undisclosed financial information. The results show just how far Verily is from standing on its own—a key goal of the Alphabet corporate structure created in 2015.

Revenue at Verily, which tries to apply data analytics to healthcare, more than doubled in the first nine months of last year to $470 million from $228 million in the same period of 2021, according to the financial statements, which The Information reviewed.