Skip to content
Screener

Alphabet Inc. GOOGL Q2 2026 earnings

Reported July 22, 2026 · After market close

Revenue$119.80BBeat by $3.3B
EPS$9.11Beat by $6.24
Revenue estimate$116.53B
EPS estimate$2.87
Our AI investments are redefining what's possible across every part of our business. Q2 was an amazing quarter, with Alphabet revenues growing 24% year-over-year and Google Cloud revenues accelerating to 82% growth, driven by demand for AI infrastructure and AI solutions. It's great to see wide adoption of Gemini Enterprise, with nearly 90% of the Fortune 100 using it. We have exciting momentum across the board. Our popular AI features are driving Search query growth. Gemini models now process 22 billion API tokens per minute and the Gemini App has 950 million monthly active users. We are seeing strong demand for our security solutions, and our new Gemini 3.5 Flash Cyber delivers highly cost-efficient performance at the frontier. And month over month, people turn to YouTube for major world events, with over 1.7 billion unique viewers watching World Cup-related videos during the FIFA World Cup 2026TM. These outstanding results show that our differentiated, full stack approach to AI is delivering real, measurable value for consumers, customers, and our partners globally.
Sundar Pichai

Next report

Oct 28, 2026 (in 2 months)
Revenue estimate$126.66B
EPS estimate$3.02

Financials

Q2 2026

Income statement

See full
Revenue$119.80B+24.2%
Gross profit$73.9B+28.7%
Operating income$40.8B+30.4%
Net income$112.19B+298%
EPS (diluted)$9.11+294%

Balance sheet

See full
Cash & equivalents$55.9B+166%
Total debt$120.79B+190%
Total equity$640.48B+76.5%
Total assets$921.98B+83.6%

Cash flow

See full
Operating cash flow$39.1B+40.8%
CapEx$44.9B+100%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$4.15T+64.7%
Enterprise value$4.21T+65.9%
P/E17×-4.8×
P/S9.3×+2.5×

Profitability

See full
Gross margin60.9%+2.0pp
Operating margin33.1%+0.4pp
Net margin54.8%+23.7pp

Returns & leverage

See full
Return on equity48.7%+13.8pp
Debt / equity0.2×+0.1×
Current ratio2.7×+0.8×

Segments

By product

See full
Google advertising$81.6B+14.4%
Google Search & other$63.3B+16.8%
Google subscriptions, platforms, and devices$12.9B+15.2%
YouTube ads$11.1B+12.9%
Google Network$7.3B-0.7%

By segment

See full
Google Services$94.5B+14.5%
Google Cloud$24.8B+81.8%
Other Bets$382.0M+2.4%

By geography

See full
EMEA$32.5B+15.0%
APAC$19.3B+17.2%
Other Americas$7.0B+22.5%

FAQ

When did Alphabet Inc. report Q2 2026 earnings?
Alphabet Inc. (GOOGL) reported Q2 2026 earnings on July 22, 2026 after market close.
What were Alphabet Inc.'s Q2 2026 revenue and EPS?
Alphabet Inc. reported revenue of $119.80B and eps of $9.11 for Q2 2026.
Did Alphabet Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $116.53B by $3.3B. EPS beat the consensus estimate of $2.87 by $6.24.
How did Alphabet Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 24.2% from $96.4B a year earlier and eps grew 294.4% from $2.31.
Where can I find Alphabet Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001652044-26-000066) and the 10-Q periodic report (0001652044-26-000071) directly on SEC EDGAR. The filing index links above go to sec.gov.