Alphabet today announced Earnings on revenue of $109.9 billion in Q1 2026. These figures vary between January and March and conclude the fiscal year.
Revenue increased 22% to $90.2 billion I quarter of 2025operating income of $39.69 billion and net income of $62.58 billion for the quarter (versus $34.54 billion a year ago). By comparison, Alphabet had $113.8 billion in revenue and $34.45 billion in net income. last quarter.
2026 is off to a great start. Our AI investments and full-stack approach illuminate every part of the business. Search experienced a strong quarter with AI experience, highest queries ever and 19% revenue growth. Google Cloud revenues nearly doubled in the quarter, up 63% to more than $460 billion. This was our strongest quarter yet for our Gemini App-driven consumer AI plans. In total, the number of paid subscriptions reached 350 million, with YouTube and Google One being the main drivers. Gemini Enterprise has great momentum with a 40% increase in monthly paid active users quarter on quarter. And finally, I’m happy to see Waymo surpass 500,000 fully autonomous rides per week.
These outstanding results are based on our distinctive, full-stack approach. Our first-party models like Gemini are now processing more than 16 billion tokens per minute through direct API usage by our customers, up 60% from last quarter.
It’s really exciting to see how our AI investments are delivering value for our users, customers and business.”
Sundar Pichai, CEO
In Q1 2026, YouTube ad revenue was $9.88 billion (compared to $8.93 billion a year ago), and Cloud was $20.03 billion (compared to $12.26 billion).
“Google subscriptions, platforms and devices” – which includes hardware, Play Store and non-ad YouTube revenue – reported $12.38 billion, compared to $10.38 billion in the same quarter last year.
“Other bets” continue to lose money. It generated revenue of $411 million, compared to $450 million in the first quarter of 2025. It lost 2.1 billion dollars compared to 1.22 billion dollars in the same quarter last year.
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