Alphabet reports Q3 2026 revenue of $127.6 billion

Alphabet today announced Q3 2026 earnings with $127.6 billion in revenue. These numbers range from July to September.

Revenue is up 25% from $102.3 billion in Q3 2025, with operating income at $40.58 billion and net income of $26.17 billion for this quarter (versus $34.9 billion a year ago). For comparison, Alphabet reported $119.8 billion in revenue and $112.1 billion in net income last quarter.

We had a strong quarter and are now on a half-trillion dollar revenue run rate. Our deep full stack approach is driving momentum across the business, with Alphabet revenues growing 25% year-over year.

Our AI investments are driving overall Search query growth, including commercial queries. In fact, our year-overyear query growth rate is the highest it’s been in the last five years.

Google Cloud revenues grew 103%, powered by huge demand for our AI infrastructure and AI solutions. We’re also seeing strong demand for our TPU systems across a wide range of customers.

Gemini 4 Argon and Carbon are now leading at the frontier. Overall, our first-party model APIs are now processing nearly 32 billion tokens per minute, more than four times what we processed a year ago.

On top of that, the Gemini app has reached one billion users—making it the fastest-growing product in Google’s history—and we surpassed 150 million YouTube Music and Premium subscribers globally, including trials.

We’re excited by the range of big opportunities ahead of us.”

Sundar Pichai, CEO

In Q3 2026, YouTube ad revenue was $11.2 billion (versus $10.26 billion a year ago), while Cloud reported $30.71 billion (compared to $15.16 billion).

“Google subscriptions, platforms, and devices” — which includes hardware, Play Store, and non-advertising YouTube revenues — reported $14.29 billion, compared to $12.87 billion the same quarter last year.

“Other Bets” continues to lose money. It reported $372 million in revenue compared to $344 million in Q3 of 2025. It lost $2.04 billion compared to $1.4 billion in the same quarter of last year.