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.
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).
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