Nest
Google's smart-home line of thermostats, cameras, doorbells, speakers and displays, sold under the Google Nest name.
Does Google own Nest?
Yes. Google bought Nest Labs in 2014 for $3.2 billion in cash, and since 2018 Nest has been part of Google's own hardware team. That is why the products are now sold as Google Nest.
Nest was founded by Tony Fadell and Matt Rogers and launched its Learning Thermostat in 2011. When Google agreed to buy it in January 2014, it promised that Nest would keep operating under Fadell's leadership and with its own distinct brand.
For a few years that held: after Google reorganised into Alphabet, Nest was reported as one of Alphabet's "Other Bets", next to Waymo and Verily. In early 2018 Nest joined Google's hardware team, and its results moved into the Google segment alongside Pixel phones.
Being part of Google also means Google decides how long older devices are supported. On 25 October 2025 it ended app and cloud support for the first- and second-generation Nest Learning Thermostats (2011–2014): they still control the heating from the device itself, but no longer connect to the Nest or Google Home app.
How much Nest earns today is not public. Alphabet reports Nest devices inside "Google subscriptions, platforms, and devices", together with Pixel phones and Google Play.
Google buys into the home.
Google agreed in January 2014 to buy Nest Labs, maker of the Nest Learning Thermostat, for $3.2 billion in cash.
Google's brand for the connected home.
Nest puts Google's assistant and AI into home devices, from thermostats to smart speakers and security cameras.
- Nest revenue (devices are reported inside Google subscriptions, platforms, and devices)
- Nest units sold or homes served
- Nest profit or loss
Every number on this page comes from Alphabet's own reports.
- Google to Acquire Nest ↗
- Alphabet Inc. Form 10-K for fiscal year 2025: revenues by type (Google subscriptions, platforms, and device… ↗
- Alphabet Inc. Form 10-K for fiscal year 2017: Other Bets includes Nest ↗
- Alphabet Inc. Form 10-K for fiscal year 2018: "In Q1 2018, Nest joined Google's hardware team" ↗
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