Alphabet reports Q3 2026 revenue of $127.6 billion

Alphabet revealed its Q3 2026 earnings report, announcing a revenue of $127.6 billion. This represents a 25% increase from the $102.3 billion generated in Q3 2025. Operating income for the quarter stood at $40.58 billion, and net income reached $26.17 billion, compared to $34.9 billion and $112.1 billion in the same period a year ago, respectively.

The company's strong performance has propelled it to a half-trillion dollar revenue run rate. Alphabet attributes this growth to its "deep full stack approach," which is driving momentum across its various business segments. The company's investments in AI are also contributing to this growth, particularly in Search query growth, commercial queries, and the performance of its AI models such as Gemini 4 Argon and Carbon.

Google Cloud saw a remarkable 103% revenue growth, driven by high demand for its AI infrastructure and AI solutions. The Gemini platform, including Gemini 4 Argon and Carbon, is leading in its frontier, and the Gemini app has achieved a significant milestone by reaching one billion users. This makes it the fastest-growing product in Google's history. Additionally, YouTube ad revenue grew to $11.2 billion, up from $10.26 billion a year ago, while Cloud reported $30.71 billion, up from $15.16 billion.

Google subscriptions, platforms, and devices, which encompass hardware, the Play Store, and YouTube advertising revenues, reported $14.29 billion, compared to $12.87 billion in the same period last year. However, the "Other Bets" segment continues to be a money-los-making venture. It reported $372 million in revenue, a contrast to the $344 million in Q3 2025, and incurred a loss of $2.04 billion, up from $1.4 billion in the same quarter of the previous year.