Alphabet's Third-Quarter Revenue Increased by 25 Percent to $127.6 Billion

Google's parent company, Alphabet, has announced its financial balance sheet for the July-September period of 2026. While the company's revenue increased by 25 percent in the third quarter compared to the same period of the previous year, reaching $127.6 billion, its net income decreased by approximately 25 percent down to $26.2 billion.

Alphabet had generated $102.3 billion in revenue in the third quarter of 2025. The company's net income stood at $34.98 billion in the same period of last year. Net income per share, which was $2.87 in the third quarter of last year, also dropped to $2.12 in the same period of this year. Additionally, the company recorded a negative free cash flow of $9.1 billion in the third quarter of the year.

Alphabet Chief Executive Officer (CEO) Sundar Pichai stated that investments in artificial intelligence supported overall growth in Google Search queries, including commercial queries. Pichai noted that the year-over-year growth rate in search queries reached its highest level in the last 5 years, Google Cloud revenue increased by 103 percent to $30.7 billion, and the Gemini app reached 1 billion users, becoming the fastest-growing product in the company's history. It was reported that the number of YouTube Music and YouTube Premium subscribers worldwide, including trial subscriptions, exceeded 150 million.