On October 28 (local time), following the close of the US stock market, Alphabet, Google's parent company, unveiled its financial results for the third quarter of 2026. The report disclosed a revenue of $127.58 billion, representing a 25% increase from the same period last year. However, this figure fell slightly short of the market's anticipated $127.93 billion.
Breaking down the numbers, service revenue totaled $96.3 billion, with advertising revenue contributing $82.01 billion. Cloud revenue reached $30.71 billion, outperforming the market's forecast of $29.1 billion. Other business segments generated $372 million in revenue.
In terms of profitability, earnings per share stood at $2.12, while the operating profit reached $40.58 billion, yielding an operating profit margin of 32%. Capital expenditure amounted to $51.36 billion. Notably, most of these core indicators did not meet market expectations.