
What you need to know
- Alphabet posted $109.9B in Q1 2026 revenue, up 22% YoY, continuing its strong double-digit growth streak.
- AI, especially Gemini, is driving growth across Search, Cloud, and subscriptions with record usage and demand.
- Google Cloud surged 63% YoY to $20B, fueled by enterprise demand for AI infrastructure and services.
- Alphabet is doubling down on AI, with $35.7B in capex as it scales Gemini and cloud capacity rapidly.