Alphabet today announced Q2 2026 earnings with $119.8 billion in revenue. These numbers range from April to June.

Revenue is up 24% from $96.4 billion in Q2 2025, with operating income at $40.77 billion and net income of $112.1 billion for this quarter (versus $28.2 billion a year ago). For comparison, Alphabet reported $109.9 billion in revenue and $62.58 billion in net income last quarter.

Our AI investments are redefining what’s possible across every part of our business.

Q2 was an amazing quarter, with Alphabet revenues growing 24% year-over-year and Google Cloud revenues accelerating to 82% growth, driven by demand for AI infrastructure and AI solutions. It’s great to see wide adoption of Gemini Enterprise, with nearly 90% of the Fortune 100 using it.

We have exciting momentum across the board. Our popular AI features are driving Search query growth. Gemini models now process 22 billion API tokens per minute and the Gemini App has 950 million monthly active users. We are seeing strong demand for our security solutions, and our new Gemini 3.5 Flash Cyber delivers highly cost-efficient performance at the frontier. And month over month, people turn to YouTube for major world events, with over 1.7 billion unique viewers watching World Cup-related videos during the FIFA World Cup 2026TM.

These outstanding results show that our differentiated, full stack approach to AI is delivering real, measurable value for consumers, customers, and our partners globally.”

Sundar Pichai, CEO

In Q2 2026, YouTube ad revenue was $11.06 billion (versus $9.79 billion a year ago), while Cloud reported $24.77 billion (compared to $13.62 billion).

“Google subscriptions, platforms, and devices” — which includes hardware, Play Store, and non-advertising YouTube revenues — reported $12.91 billion, compared to $11.2 billion the same quarter last year.

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“Other Bets” continues to lose money. It reported $382 million in revenue compared to $373 million in Q2 of 2025. It lost $1.8 billion compared to $1.24 billion in the same quarter of last year.

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