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.
More from Venture
- Indexable filter URLs may boost ChatGPT visibility, but Google can punish the abuse — gaganghotra_ · 2026-07-24
- VCs now dismiss $500B markets as too small, not too big — arian_ghashghai · 2026-07-24
- OpenRouter says usage hit 250T tokens a month, up 125x in 18 months — deedydas · 2026-07-24
- VCs get mocked for preferring compute burn over profitable bootstraps — mattturck · 2026-07-24
- Creator says a simple Claude plus X API framework drove over $3 million — EXM7777 · 2026-07-24
- Scott Galloway says cheaper Chinese open-weight models could break US AI valuations — r0ck3t23 · 2026-07-24