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Google parent company Alphabet's second-quarter revenue of $119.8 billion exceeded expectations, and Google Cloud revenue surged 82%

2026-07-22·newswire-us-stock-231833
Google parent company Alphabet's second-quarter revenue of $119.8 billion exceeded expectations, and Google Cloud revenue surged 82%.

Google parent company Alphabet announced its second quarter financial report for fiscal year 2026 on July 22, local time.

In the quarter, the company achieved revenue of US$119.8 billion, a year-on-year increase of 24%, the 12th consecutive quarter of double-digit growth, higher than market expectations; GAAP operating profit was US$40.8 billion, a year-on-year increase of 30%, and the operating profit margin increased to 34%; GAAP earnings per share (EPS) was US$9.11, higher than market expectations.

It is worth noting that net profit for the quarter was significantly boosted by investment income (including changes in the fair value of some equity investments).

#Stocks #Google #Earnings

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Google parent company Alphabet's second-quarter revenue of $119.8 billion exceeded expectations, and Google Cloud revenue surged 82%

[Google’s parent company Alphabet’s second-quarter revenue of US$119.8 billion exceeded expectations, and Google Cloud revenue increased by 82%] Google’s parent company Alphabet announced its second quarter financial report for fiscal year 2026 on July 22, local time. In the quarter, the company achieved revenue of US$119.8 billion, a year-on-year increase of 24%, the 12th consecutive quarter of double-digit growth, higher than market expectations; GAAP operating profit was US$40.8 billion, a year-on-year increase of 30%, and the operating profit margin increased to 34%; GAAP earnings per share (EPS) was US$9.11, higher than market expectations. It is worth noting that net profit for the quarter was significantly boosted by investment income (including changes in the fair value of some equity investments).

Google parent company Alphabet announced its second quarter financial report for fiscal year 2026 on July 22, local time. In the quarter, the company achieved revenue of US$119.8 billion, a year-on-year increase of 24%, the 12th consecutive quarter of double-digit growth, higher than market expectations; GAAP operating profit was US$40.8 billion, a year-on-year increase of 30%, and the operating profit margin increased to 34%; GAAP earnings per share (EPS) was US$9.11, higher than market expectations. It is worth noting that net profit for the quarter was significantly boosted by investment income (including changes in the fair value of some equity investments).

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