Description
Alphabet’s $127.6 Billion Revenue Surge Masks A $9.1 Billion Cash Flow Problem!
Alphabet Inc. reported its financial results for the quarter ended September 30, 2026, reflecting continued top-line growth primarily driven by its Google Services and Google Cloud segments. Consolidated revenues increased by 25% year-over-year to $127.6 billion, marking the company’s 13th consecutive quarter of double-digit revenue expansion. Google Services revenues rose 11% to $96.3 billion, supported by a 12% increase in Google Search and other offerings, with search query growth achieving its highest rate in five years. Google Cloud demonstrated substantial momentum, doubling revenues to $30.7 billion, driven by demand for AI infrastructure, enterprise AI solutions, core platform services, and TPU (Tensor Processing Unit) system sales. Operating income grew 30% to $40.6 billion, with an operating margin of 31.8%, while net income available to common stockholders declined to $26.2 billion from $35.0 billion in the prior year quarter. Diluted earnings per share decreased to $2.12 from $2.
