{"id":22381,"date":"2026-04-29T22:49:23","date_gmt":"2026-04-29T22:49:23","guid":{"rendered":"https:\/\/www.europesays.com\/news\/22381\/"},"modified":"2026-04-29T22:49:23","modified_gmt":"2026-04-29T22:49:23","slug":"alphabet-q1-2026-earnings-google-cloud-revenue-up-63","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/news\/22381\/","title":{"rendered":"Alphabet Q1 2026 earnings: Google Cloud revenue up 63%"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Alphabet <a href=\"https:\/\/s206.q4cdn.com\/479360582\/files\/doc_financials\/2026\/q1\/2026q1-alphabet-earnings-release.pdf\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:reported first-quarter revenue of $109.9 billion;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;reported first-quarter revenue of $109.9 billion&quot;}\" class=\"link \">reported first-quarter revenue of $109.9 billion<\/a>, up 22% year over year, as Google Cloud growth accelerated and net income more than doubled from the same period a year ago.<\/p>\n<p class=\"yf-1fy9kyt\">Google Cloud brought in $20.03 billion in revenue for the quarter, up 63% year over year, with operating income rising to $6.6 billion from $2.2 billion in the prior-year period. The company said Cloud backlog almost doubled quarter on quarter to more than $460 billion. The Cloud figure cleared the $18.05 billion that Wall Street had forecast, a threshold tracked by <a href=\"https:\/\/www.cnbc.com\/2026\/04\/29\/alphabet-googl-q1-2026-earnings.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:CNBC;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;CNBC&quot;}\" class=\"link \">CNBC<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">The $109.9 billion top line surpassed the $107.2 billion consensus estimate tracked by CNBC. At $5.11, diluted earnings per share were up 82% compared with the same quarter a year earlier. Net income reached $62.6 billion, though that figure included a $36.9 billion gain on equity securities that the company said added $2.35 to diluted EPS and $28.7 billion to net income.<\/p>\n<p class=\"yf-1fy9kyt\">Google Services \u2014 which includes Search, YouTube, and subscriptions \u2014 generated $89.6 billion in revenue, up 16%. Search and other revenue rose 19% to $60.4 billion. YouTube advertising revenue came in at $9.9 billion, up 11%. The result fell slightly short of the $9.99 billion that analysts had penciled in, per CNBC.<\/p>\n<p class=\"yf-1fy9kyt\">Consolidated operating income rose 30% to $39.7 billion, with operating margin expanding two percentage points to 36.1%. Capital expenditures totaled $35.7 billion in the quarter.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;2026 is off to a terrific start,&#8221; CEO Sundar Pichai said in a statement. &#8220;Our AI investments and full stack approach are lighting up every part of the business.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">Alphabet also said total paid subscriptions reached 350 million, and that its Gemini Enterprise product saw 40% quarter-on-quarter growth in paid monthly active users. Waymo surpassed 500,000 fully autonomous rides per week, the company said.<\/p>\n<p class=\"yf-1fy9kyt\">The quarter marks a significant acceleration from Alphabet&#8217;s fourth quarter, when <a href=\"https:\/\/finance.yahoo.com\/news\/alphabet-earnings-google-beats-expectations-215755618.html\" data-ylk=\"slk:Google Cloud revenue grew 48% to $17.7 billion;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Google Cloud revenue grew 48% to $17.7 billion&quot;}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Google Cloud revenue grew 48% to $17.7 billion<\/a> and the company announced a 2026 capital spending plan that unsettled investors. Cloud operating income in that quarter surpassed $5.3 billion, pushing operating margin above 30%. Search also held up in that period, with revenue rising 17%, while YouTube ad revenue grew 9% to $11.4 billion.<\/p>\n<p class=\"yf-1fy9kyt\">Alphabet increased its quarterly dividend 5% to $0.22 per share and issued senior unsecured notes for net proceeds of $31.1 billion during the quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"Alphabet reported first-quarter revenue of $109.9 billion, up 22% year over year, as Google Cloud growth accelerated and&hellip;\n","protected":false},"author":2,"featured_media":22382,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[13581,13578,8,9,13579,13580,7],"class_list":{"0":"post-22381","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-stories","8":"tag-diluted-earnings-per-share","9":"tag-google-cloud","10":"tag-headlines","11":"tag-news","12":"tag-operating-income","13":"tag-the-cloud","14":"tag-top-stories"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@news\/116490440770271106","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/posts\/22381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/comments?post=22381"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/posts\/22381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/media\/22382"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/media?parent=22381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/categories?post=22381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/tags?post=22381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}