Alphabet (GOOGL) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Alphabet published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Operating income rose 30% to $40,576 million. Other income (expense), net was a loss of $8,221 million, against a gain of $12,759 million a year earlier.

Source: Alphabet Q3 2026 results (Form 8-K, Exhibit 99.1), October 28, 2026. Figures as reported; checked against the release on November 8, 2026.

How Alphabet splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Alphabet's Google Services revenue was $96.3 billion in Q3 2026, up 11% from $87.1 billion in Q3 2025, 75% of total revenue.
• Alphabet's Google Cloud revenue was $30.7 billion in Q3 2026, up 103% from $15.2 billion in Q3 2025, 24% of total revenue.
• Alphabet's Other Bets revenue was $372 million in Q3 2026, up 8% from $344 million in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings call

Alphabet gives no revenue outlook: its release contains none, and on the call its CFO gave no revenue figure or range for the coming quarter. The forward-looking figure it does give is capital expenditure.

On the Q3 2026 earnings call, Anat Ashkenazi, CFO said:

“Moving to investments, our full year 2026 CapEx guidance range of $195 billion to $205 billion remain unchanged.”

“We continue to expect our CapEx to increase significantly in 2027 and we’ll provide further details on our Q4 call.”

Source: Transcript of Alphabet's Q3 2026 earnings call, published by The Singju Post, Oct 28, 2026. This is a third-party transcript of the call, not one published by Alphabet.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GOOGL forecast page.

We do not hold a confirmed date for Alphabet's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 28, 2026

Alphabet reports three segments. Google Services earns mainly from advertising, plus subscriptions such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket and Google One, app and in-app sales, and devices. Google Cloud earns consumption fees and subscriptions for Google Cloud Platform and Workspace, and product revenue mainly from selling TPU systems. Other Bets earns mainly from autonomous transportation services and internet services. (Alphabet Form 10-Q, Q3 2026, Oct 29, 2026)

In Q3 2026 Google Search & other brought in $63,350 million, YouTube ads $11,207 million, Google Network $7,455 million, and subscriptions, platforms and devices $14,290 million. Google Cloud brought in $30,709 million, against $15,157 million a year earlier. Total traffic acquisition costs were $16,366 million, against $14,876 million. (Alphabet Q3 2026 release, Oct 28, 2026)

Alphabet reports one EPS figure, on a GAAP basis. In Q3 2026 it fell to $2.12 from $2.87 although operating income rose 30%, because other income (expense), net was a loss of $8,221 million against a gain of $12,759 million a year earlier; the cash flow statement shows a $9,048 million loss on debt and equity securities, against a $10,855 million gain. (Alphabet Q3 2026 release, Oct 28, 2026)

Alphabet's diluted share count rose over the year. It made no repurchases in the first nine months of 2026, and in Q3 it issued 12 million Class A and 24 million Class C shares under an at-the-market program for net proceeds of $4.3 billion and $8.1 billion. Diluted shares were 12,368 million, against 12,203 million a year earlier, and $298 million of preferred stock dividends came out of net income before EPS. Stock-based compensation was $8,630 million. (Alphabet Form 10-Q, Q3 2026, Oct 29, 2026; Alphabet Q3 2026 release, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Alphabet gives no revenue or earnings outlook: its release contains none, and on the call its CFO described the coming quarter qualitatively. The forward-looking number it does give is capital expenditure, a 2026 range of $195 billion to $205 billion. (Alphabet Q3 2026 release, Oct 28, 2026; Transcript of Alphabet's Q3 2026 earnings call, published by The Singju Post, Oct 28, 2026)

On November 2, 2026, the Yahoo Finance consensus for the December 2026 quarter was EPS of $3.22 (36 analysts) and revenue of $142,238 million (34 analysts). (Yahoo Finance consensus, Nov 2, 2026)

A consensus figure is the average of the models published by the analysts who cover Alphabet, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Alphabet's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GOOGL is on is GOOGL a buy or a sell?, what analysts expect next is on the GOOGL forecast, and what the company does is on the Alphabet (GOOGL) stock page.

Every number on this page can be traced to a document Alphabet published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.