Alphabet Q2 revenue rises 24% to $119.8 billion; Google Cloud revenue up 82%
Alphabet reported second-quarter 2026 results for the quarter ended June 30, 2026, with revenue up 24% to $119.8 billion and operating income up 30% to $40.8 billion. Net income available to common stockholders rose to $112.1 billion, helped by a $98.0 billion net gain in other income, mainly unrealized gains on equity securities. The company also raised $49.6 billion from a stock and preferred stock issuance and $20.3 billion from senior notes in the quarter, to fund AI infrastructure and other general corporate purposes.
Key points
- Google Cloud revenue rose 82% to $24.8 billion, and its operating income was $8.8 billion versus $2.8 billion a year earlier.
- Diluted EPS was $9.11, up from $2.31; the filing says the equity securities gain added $6.26 to diluted EPS.
- Free cash flow was negative $5.9 billion in the quarter, as purchases of property and equipment reached $44.9 billion.
- The Board declared a quarterly common dividend of $0.22 per share, payable September 14, 2026 to holders of record on September 7, 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 July 22, 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.