Google Q2 Earnings Beat
Google topped Wall Street estimates as AI boom lifted sales and spending surged.
July 22, 2026 · Updated Jul 22, 8:57pm ET
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Washington TimesGoogle’s Q2 earnings of $112.11B beat Wall Street’s expectations on AI boom
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TechCrunchGoogle justifies its massive AI spending with a booming cloud business
ABC NewsGoogle's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom
BBC NewsGoogle burning through cash with spiralling AI costs
DeadlineAlphabet Q2 2026 Earnings: YouTube's 13% Ad Revenue Growth Paces Results
SemaforTech earnings intensify AI spend scrutiny
FortuneAnthropic and SpaceX just handed Google the biggest profit quarter in company history—on paper
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What happened
Alphabet reported Q2 revenue of $119.8 billion, above Wall Street’s $116.93 billion estimate, as Google CloudGoogle Cloud Platformcloud-based services and infrastructure from Google revenue rose 82% and YouTube ad revenue rose 13% to $11.055 billion. Net income reached $112.11 billion, or $9.11 per share, boosted by $98 billion in unrealized investment gains. Alphabet said free cash flow was negative $5.9 billion after heavy AI infrastructure spending. Shares fell in extended trading after the company raised its 2026 capital spending outlook to as much as $205 billion.
Big Tech AI Earnings
Part of the storyline · Storyline →- Jul 29Meta Earnings MissMostly Center
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