Google stock
Alphabet Inc. reported its second--quarter 2026 financial results on July 22, 2026, surpassing market expectations with a total revenue of $94.8 billion, representing a 14% year--over--year increase. The performance was primarily driven by a 32% surge in Google Cloud revenue, which reached $12.1 billion, and a robust recovery in YouTube advertising. The company achieved a net income of $26.4 billion and an earnings per share (EPS) of $2.12, exceeding the consensus estimate of $1.98. Despite the positive results, capital expenditures remained elevated at $13.5 billion, reflecting the significant ongoing investment required for AI infrastructure and Gemini model scaling.