Description
Why Alphabet’s $180-$190 Billion CapEx Commitment Makes The Hold Rating Hard To Dismiss!
Alphabet Inc. reported its first quarter of 2026 results demonstrating continued momentum across key business segments driven largely by its investments in artificial intelligence (AI). The company posted consolidated revenue of $109.9 billion, marking a 22% year-over-year increase (19% in constant currency), and achieved its 11th consecutive quarter of double-digit revenue growth. Operating income rose 30% to $39.7 billion, with operating margin increasing to 36.1%. Net income surged 81% to $62.6 billion, supported by significant unrealized gains in its equity securities portfolio. Earnings per share grew 82% to $5.11. Core Google Services revenue was $89.6 billion, up 16%, benefiting from strength in Search, which grew 19% to $60.4 billion, led by retail and financial services verticals. YouTube advertising revenues increased 11%, buoyed by direct response and brand advertising, while network advertising declined 4%.
