Alphabet Q3 Revenue Hits $127.6B, Google Cloud Revenue Up 103% YoY

October 29: According to Alphabet's official announcement, Alphabet's revenue for the third quarter of 2026 was $127.6 billion, up 25% year over year. Google Cloud revenue rose 103% year over year to $30.7 billion, while Google Services revenue grew 11% year over year to $96.3 billion. Operating income for the quarter was $40.6 billion, up 30% year over year, with an operating margin of 31.8%. Net income attributable to common stockholders was $26.2 billion, and earnings per share were $2.12, compared with $2.87 in the same period last year. CEO Sundar Pichai said the Gemini app has surpassed 1 billion users, and the API for its first-party models processes nearly 32 billion tokens per minute.