6 verified1 unconfirmed1 contested
Alphabet, the parent company of Google, reported its second-quarter earnings on Wednesday, surpassing Wall Street expectations. The company posted revenue of $119.8 billion and earnings of $9.11 per share. CEO Sundar Pichai attributed the strong results to artificial intelligence investments, stating they are redefining the company’s business. The earnings mark another period of growth for the tech giant as it continues heavy spending on AI infrastructure. Both sources confirmed that the results beat analyst forecasts. However, the composition of the earnings figure and the specific revenue expectations varied between reports.
What’s verified
Alphabet reported second-quarter earnings for 2026.
Revenue was $119.8 billion.
Earnings per share were $9.11.
The results surpassed Wall Street expectations.
CEO Sundar Pichai stated: "Our AI investments are redefining what’s possible across every part of our business."
AI investment remains a central focus of the company.
Where accounts differ
One source reports that Alphabet’s earnings of $9.11 per share beat Wall Street expectations. Another source reports that Alphabet did not disclose an adjusted earnings figure comparable to analysts’ expectations of $2.88 per share, indicating the $9.11 figure includes significant one-time gains from equity investments. The two accounts offer differing details on what metric was actually expected.
Not yet confirmed
Several details come from only one source and cannot be independently confirmed: that revenue grew 24% year over year, that total net income was $112.11 billion, that the company revised its capital expenditure forecast to $200 billion, that this was the 12th consecutive quarter of revenue gains, and that Alphabet saw gains from its investment in SpaceX. Also unclear is whether the revenue figure exceeded a specific analyst consensus of $117.06 billion, as only one source provided that number.
Key figures
Sundar Pichai – CEO of Alphabet and Google
Nate Elliott – Analyst at Emarketer (quoted in one source)
Sources: The Guardian, abcnews.com