Alphabet Reports Q3 2026 Financial Results: Revenue Up 25% to $127.6B Powered by 103% Google Cloud Growth

Alphabet Inc. (NASDAQ: GOOGL, GOOG) – Q3 2026 Financial Results Summary

1. Overview & Key Metrics

On October 28, 2026, Alphabet Inc. filed a Current Report on Form 8-K under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits), disclosing financial performance for the third quarter ended September 30, 2026.

• Consolidated Revenue: $127,577 million, representing a 25% increase year-over-year (15% constant currency in Q3 2025 vs. 25% constant currency in Q3 2026). This marks Alphabet's 13th consecutive quarter of double-digit revenue expansion.
• Operating Income: $40,576 million, up 30% from $31,228 million in Q3 2025.
• Operating Margin: 31.8% (rounded to 32% in reporting tables), up from 30.5% in Q3 2025.
• Other Income / (Expense), Net: $(8,221) million, down from $12,759 million in Q3 2025, heavily impacting bottom-line GAAP comparisons.
• Net Income Available to Common Stockholders: $26,170 million, compared to $34,979 million in Q3 2025.
• Diluted EPS: $2.12, compared to $2.87 in Q3 2025.

---

2. Segment & Product Revenue Highlights

• Google Cloud: Delivered explosive revenue growth of 103% YoY, climbing to $30.7 billion. Growth was propelled by Google Cloud Platform (GCP) enterprise AI infrastructure, enterprise AI solution adoption, core GCP demand, and TPU systems hardware sales.
• Google Services: Rose 11% YoY to $96.3 billion.
  • Google Search & other: $63,350 million (+12.0% YoY vs. $56,567 million), with management highlighting the fastest query growth rate in five years.
  • YouTube Advertising: $11,207 million (+9.2% YoY vs. $10,261 million).
  • Google Network: $7,455 million (+1.4% YoY vs. $7,354 million).
  • Total Google Advertising: $82,012 million (+10.6% YoY vs. $74,182 million).

---

3. Operational & AI Execution Milestones

• Gemini Ecosystem: CEO Sundar Pichai reported that the Gemini app reached 1 billion active users, becoming the fastest-growing consumer offering in Google history.
• API Throughput: First-party model APIs are processing nearly 32 billion tokens per minute—a fourfold increase over the prior year.
• Subscriptions: YouTube Music and YouTube Premium surpassed 150 million global subscribers including promotional trials.