Alphabet (GOOGL) Q1 2026 Earnings Show Revenue of $109.9 Billion

AI Summary

Alphabet (GOOGL) reported Q1 2026 earnings with revenue at $109.9 billion, exceeding the $107.2 billion expected. Earnings per share were $5.11, a significant increase from $2.81 the previous year. Notably, Google Cloud revenue reached $20.02 billion, outperforming the $18.05 billion estimate with a 63% year-over-year increase. The company also revised its 2026 capital expenditure guidance to a range of $180-$190 billion, reflecting increased investment in AI infrastructure. These results led to a 21% rise in Alphabet's stock this month, outperforming its peers.