Alphabet reports 25% revenue growth as Cloud revenue doubles in Q3 2026

Alphabet reported third-quarter 2026 revenue of $127.6 billion for the quarter ended September 30, up 25% year over year, while operating income rose 30% to $40.6 billion. Google Cloud revenue increased 103% to $30.7 billion, but net income available to common stockholders fell to $26.2 billion and diluted EPS declined to $2.12, partly because of an $8.7 billion loss on equity securities. On October 28, 2026, Alphabet also disclosed $28.7 billion in net proceeds from senior notes issued during the quarter and declared a $0.22-per-share common-stock dividend payable December 14, 2026.