Alphabet revenue rose 24% to $119.8B as Google Cloud grew 82%
minsuk_chang · x · 2026-07-24
Alphabet posts 24% revenue growth as it boosts capex
A shared earnings recap for $GOOG / Alphabet Q2 FY26 says the company is leaning harder into future infrastructure spending.
Key figures cited in the post:
- Revenue: up 24% YoY to $119.8B, beating estimates by $2.8B
- Operating margin: 34%, up 2 points YoY
- Net gains from equity investments: $98B
- Google Cloud revenue: up 82% YoY to $24.8B
- Google Cloud operating margin: 36%, up 15 points YoY
- YouTube ads: up 13% to $11.1B
The poster argues that higher capex is the right move, not a problem, because Google is investing cash into future growth.
Related event: Alphabet Earnings: Cloud Revenue Hits $99B ARR(3 posts)→
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