Question · Q3 2025
Kyle Voit requested an update on Google-related investment spend for 2025 and projections for 2026, along with any other notable expense puts and takes for 2026.
Answer
Lynne Fitzpatrick, CFO, stated that Google-related expenses were $27 million in Q3, totaling $71 million year-to-date, with full-year guidance embedding about $100 million (down from an initial $115 million due to savings). She attributed savings to better cloud management and increased internal support. For 2026, she indicated that this year's lower cost growth would serve as a baseline, but some savings opportunities were one-off.