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GOOG

Alphabet Inc.

Alphabet (GOOG) Q2 2026 earnings

Published Jul 22, 2026

AI summary

  • Revenue $119.8B, up 24% from $96.43B a year ago.
  • GAAP EPS $9.11 beat the $2.91 consensus by $6.20, up from $2.31 a year ago.
  • Alphabet reported total revenue of $119.8 billion, a 24% increase compared to the same quarter last year.
  • Google Cloud revenue grew 82% to $24.8 billion, driven by strong demand for AI infrastructure and solutions.
  • Net income rose 298% to $112.1 billion, significantly boosted by net unrealized gains on equity securities.

Results vs analyst consensus

Revenue

Reported

$119.8B

Consensus not captured before release

+24% YoY

EPS · GAAP (street basis)

Reported · Diluted EPS (GAAP, street basis)

$9.11

Consensus $2.91

Beat by $6.20

GAAP EPS: $9.11

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • Other income included a $98.0 billion net gain primarily from unrealized gains on equity securities.
  • Free cash flow was negative $5.86 billion for the quarter due to high property and equipment investments.
Read original report

Source: Alphabet Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.