Alphabet reports third quarter 2026 financial results with strong growth
Revenue rose 25% to $127.6 billion, driven by Google Cloud's 103% increase and record AI demand.
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Technology conglomerate holding company
abc.xyzLast updated
In short: Alphabet posted 25% revenue growth but negative free cash flow as 2026 capex guidance reached $200B.
Revenue rose 25% to $127.6 billion, driven by Google Cloud's 103% increase and record AI demand.
Sundar Pichai becomes CEO of Google while Larry Page leads Alphabet. The reorganization isolates speculative ventures like Calico and X from core internet businesses to improve focus and accountability.
Larry Page becomes CEO of Alphabet, Sergey Brin President, and Sundar Pichai CEO of Google; Alphabet will replace Google as the publicly-traded entity.
Revenues increased 24% to $119.8 billion, driven by Google Cloud's 82% growth. Net income surged nearly 300% due to equity gains.
Alphabet spent more on capital expenditures last quarter than it generated in operating cash flow,...
Alphabet guided 2026 capex to $195 billion to $205 billion and said 2027 goes higher, which keeps the AI buildout trade funded for another year...
Alphabet (GOOGL) delivered earnings and revenue surprises of -27.89% and -0.53%, respectively, for...
Alphabet is now selling TPU chips directly to outside customers like Meta, with Oracle on deck for 2027, setting up a new challenge to Nvidia.
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