AI-extracted from the 10-Q filed 2026-07-23 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 24% YoY to $119.8B as Google Cloud grew 82% to $24.8B, while a $99.0B unrealized equity gain from SpaceX and a private company lifted net income to $112.2B.
Biggest Revenue Drivers
Google Services$94,540M+15% YoY
Growth led by Google Search & other and YouTube ads
Google Cloud$24,768M+82% YoY
Primarily driven by growth in Google Cloud Platform, largely infrastructure and platform services, plus initial TPU system sales
Biggest Revenue Drivers
Total revenue: $119.8B+24% YoY
Google Services$94,540M+15% YoY
Growth led by Google Search & other and YouTube ads
Within Google Services
Google Search & other$63,271M
Increases in search queries from user adoption and usage on mobile, advertiser spending, and ad format improvements
YouTube ads$11,055M
Driven by direct response products followed by brand advertising, both benefiting from increased advertiser spending
Google Cloud$24,768M+82% YoY
Primarily driven by growth in Google Cloud Platform, largely infrastructure and platform services, plus initial TPU system sales
Other Bets$382M
Primarily autonomous transportation and internet services
Largest Expense Items
Cost of revenues$45,943M+18% YoY
Increases in depreciation, TAC, inventory and other costs, content acquisition costs, and technical infrastructure operations costs
Research and development$18,219M+$4.4B YoY
Employee compensation up $2.9B and depreciation up $592M
Sales and marketing$8,403M+$1.3B YoY
Advertising and promotional activities up $764M; employee compensation up $402M
General and administrative$6,461M+$1.3B YoY
Legal and other matters including a $1.5B charge, employee compensation up $279M, non-income taxes up $258M
Margins: Operating margin rose to 34% from 32% as revenue growth outpaced costs; cost of revenues fell to 38% of revenue from 41%, with the TAC rate down to 19.8% from 20.6% on mix shift from Network to Search properties.
Watch Items from the Filing
Capital expenditures were $44.9B in the quarter; the company expects to significantly increase 2026 technical infrastructure investment relative to 2025.
Purchase commitments and other contractual obligations total $811.0B, plus $85.2B of uncommenced data center leases and $43.8B of credit-derivative backstops.
OI&E of $98.0B included $99.0B of equity security gains, largely unrealized marks on SpaceX and a private company — non-operating and reversible.
Legal overhang: $5.2B Android fine paid in July 2026, a $2.1B PriceRunner award accrued, and $17.4B of accrued fines and settlements outstanding.
Google Network revenue declined $51M YoY to $7,303M, with impressions down 12% on lower AdSense revenues.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Chavez R. MartinReporting ownerGrant or award · Sep 14, 2026
Ferguson Roger W. Jr.Reporting ownerGrant or award · Sep 14, 2026
Congress trading in GOOG
151 transactions in GOOG reported by 39 members of Congress under the STOCK Act, most recent trade Aug 20, 2026. Reported transactions, not recommendations.
About Alphabet Inc. (GOOG): stock profile, AI score and financials
Alphabet Inc. (GOOG) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores GOOG at 77.7/100 on a composite quality score built from its SEC filings, placing it at rank #60 of 2,925 stocks — the top 5% of the AI-ranked universe. GOOG scores in the top quartile across revenue scale (99.8), balance sheet strength (98.7), institutional flow (98.5). Areas of concern include earnings quality (34.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 21.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Alphabet Inc. reports quarterly revenue of $119.8B, net income of $112.2B, an operating margin of 34.0%. Top institutional holders of GOOG by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. GOOG trades on the Nasdaq exchange and files with the SEC under CIK 1652044. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GOOG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Alphabet Inc. directly from SEC EDGAR.