Alphabet Q1 revenue rises 22% to $109.9 billion; net income up 81%
Alphabet reported first-quarter 2026 revenue of $109.9 billion, up 22% from a year earlier, and operating income of $39.7 billion, up 30%. Net income of $62.6 billion and diluted EPS of $5.11 were boosted by a $37.7 billion net gain in other income, mainly unrealized gains on non-marketable equity securities, which the filing says can vary significantly from period to period. The board also raised the quarterly dividend 5% to $0.22 per share.
Key points
- Google Cloud revenue rose 63% to $20.0 billion, and its operating income rose to $6.6 billion from $2.2 billion a year earlier.
- Diluted EPS was $5.11, up from $2.81; net income was $62.6 billion versus $34.5 billion.
- Other income, net was $37.7 billion, primarily net unrealized gains on non-marketable equity securities.
- Quarterly dividend increased 5% to $0.22 per share, payable June 15, 2026 to holders of record as of June 8, 2026.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.