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Alphabet Revenue Rises 25% as Quarterly Profit Falls

lite News Desk 1 min read

Alphabet recorded revenue of $127.577 billion for the quarter ended September 30, 2026, up 25% from $102.346 billion a year earlier, according to the company’s results. Net income declined over the same period, with the Associated Press reporting $26.17 billion compared with $34.98 billion in 2025.

The company published the third-quarter figures on October 28. Revenue fell short of the $127.97 billion average forecast in a FactSet survey of analysts, according to AP.

Quarterly earnings amounted to $2.12 per share, against analyst estimates of approximately $3.01, according to AP. Its account attributed a reduction of $0.55 per share to losses totaling $8.7 billion on equity investments.

In after-hours trading following the October 28 release, Alphabet’s share price dropped by more than 10%, reaching $289.95, according to AP’s reported trading snapshot.

Within the operating businesses, Google Cloud generated $30.7 billion in quarterly revenue, according to AP. That represented an increase of 103% compared with the corresponding quarter of 2025.

Advertising revenue also increased in the categories reported by AP. Google Search and other advertising brought in $63.3 billion, a year-over-year gain of 12%. YouTube’s advertising business recorded $11.2 billion in revenue, 9% above its total for the same quarter a year earlier.

* This article is based on publicly available information at the time of writing.

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