Alphabet Beats Q1 Estimates with 63% Google Cloud Growth
In the first quarter, Alphabet announced a revenue of $109.9 billion, exceeding analysts' predictions of $107.2 billion. The significant 63% increase in Google Cloud revenue contributed to this positive outcome. These results highlight the rising significance of cloud computing in Alphabet's overall financial success.
Key facts
- Alphabet reported $109.9 billion in Q1 revenue
- Analyst projections were $107.2 billion
- Google Cloud revenue grew 63% year-over-year
- The quarter ended March 31, 2026
Entities
Institutions
- Alphabet
- Google Cloud
Sources
- Quartz —