$GOOGL · Alphabet Inc.

Alphabet reported third quarter 2026 results for the period ended September 30, 2026. Consolidated revenues rose 25% year over year to $127.6 billion, which the company described as its 13th consecutive quarter of double-digit revenue growth. Operating income increased 30% to $40.6 billion, with an operating margin of 31.8%. Net income available to common stockholders was $26.2 billion, and diluted earnings per share was $2.12.

Google Services revenues grew 11% to $96.3 billion, led by 12% growth in Google Search and other, with year-over-year search query growth at its highest rate in five years. Google Cloud revenues increased 103% to $30.7 billion, driven by demand for enterprise AI infrastructure and solutions, core Google Cloud Platform services, and TPU systems sales. Alphabet also reported 204,757 employees as of the quarter end.

In the earnings release, CEO Sundar Pichai stated that Alphabet is now on a half-trillion dollar revenue run rate. He noted that the Gemini app reached one billion users and that YouTube Music and Premium surpassed 150 million subscribers globally, including trials. The filing also disclosed that the company issued shares under its at-the-market program, issued senior unsecured notes, and declared quarterly dividends on preferred and common stock.