Alphabet, Google's parent company, reported consolidated revenue of $127.58bn for the quarter ended 30 September 2026, up 25% year-on-year and its 13th straight quarter of double-digit growth. Operating income rose 30% to $40.58bn, but net income available to common stockholders fell to $26.17bn from $34.98bn, and diluted EPS dropped to $2.12 from $2.87. Google Cloud revenue more than doubled to $30.71bn, with operating income of $11.12bn, which Alphabet attributed to enterprise AI infrastructure, enterprise AI solutions, core GCP services and TPU system sales. Google Services revenue grew 11% to $96.30bn, with Google Search & other at $63.35bn and YouTube advertising at $11.21bn. Purchases of property and equipment reached $51.36bn, and free cash flow turned negative at $9.07bn compared with positive $24.55bn a year earlier.
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GOOGLearningscloud computingartificial intelligenceadvertising
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/29/2026 | 283.75 |
| Change that session | -12.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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