Alphabet (GOOGL) is set to report third-quarter 2026 results on October 28. The Zacks Consensus Estimate calls for earnings of $2.94 per share, up 2.44% year over year, and revenue of $111.64 billion, implying growth of 27.63%; Alphabet has beaten earnings estimates in each of the last four quarters, with an average surprise of 86.65%. Cloud revenue surged 82% year over year to $24.77 billion in the second quarter, with cloud backlog reaching $514 billion, while Search & Other rose 17% to $63.27 billion and YouTube advertising grew 13% to $11.06 billion. Gemini API usage reached about 22 billion tokens per minute, and the Gemini app has 950 million monthly active users. The article also flags possible margin pressure from higher depreciation, energy costs, data center operating costs and AI-related hiring.
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GOOGLearningscloud computingadvertising
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/22/2026 | 324.22 |
| Change that session | -3.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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