{"slug": "alphabet-posts-119-8b-revenue-as-google-cloud-surges-82", "title": "Alphabet posts $119.8B revenue as Google Cloud surges 82%", "summary": "Alphabet reported second-quarter revenue of $119.8 billion, up 24% year-over-year and above the $117.1 billion FactSet consensus, driven by Google Cloud revenue surging 82% to $24.8 billion on demand for AI infrastructure and services. CEO Sundar Pichai said Gemini models now process 22 billion API tokens per minute and the Gemini app has 950 million monthly active users.", "body_md": "# Alphabet posts $119.8B revenue as Google Cloud surges 82%\n\nAlphabet shares rose nearly 1% in after hours trading after revenue exceeded expectations and Google Cloud sales increased 82% on demand for AI infrastructure and services.\n\nAlphabet shares rose nearly 1% in after hours trading Wednesday after the Google parent [reported](https://s206.q4cdn.com/479360582/files/doc_financials/2026/q2/2026q2-alphabet-earnings-release.pdf) stronger than expected second quarter revenue, supported by accelerating growth across Search and Google Cloud.\n\nRevenue increased 24% from a year earlier to $119.8 billion, beating the $117.1 billion FactSet consensus estimate and marking Alphabet’s twelfth consecutive quarter of double digit growth.\n\nGoogle Services revenue rose 15% to $94.5 billion. Search and other revenue increased 17% to $63.3 billion, while YouTube advertising revenue climbed 13% to $11.1 billion.\n\nGoogle Cloud recorded the strongest growth across Alphabet’s major businesses, with revenue surging 82% to $24.8 billion. The result exceeded Wall Street expectations of roughly $22.5 billion as demand increased for enterprise AI infrastructure, AI services, and core cloud products.\n\nCloud operating income more than tripled to $8.8 billion from $2.8 billion a year earlier. Total operating income increased 30% to $40.8 billion, while Alphabet’s operating margin expanded from 32% to 34%.\n\nAlphabet reported net income available to common shareholders of $112.1 billion and diluted earnings of $9.11 per share. The result included a $99 billion gain on equity securities, which contributed $77.1 billion to net income and $6.26 to diluted earnings per share.\n\nThe company generated $39.1 billion in operating cash flow but recorded negative free cash flow of $5.9 billion as capital expenditures doubled to $44.9 billion. Alphabet said the spending supported the continued expansion of its AI infrastructure and global computing capacity.\n\nCEO Sundar Pichai said Gemini models are now processing 22 billion API tokens per minute, while the Gemini app has reached 950 million monthly active users. Nearly 90% of Fortune 100 companies are using Gemini Enterprise, according to the company.\n\n**Disclosure:** This article was edited by Estefano Gomez. For more information on how we create and review content, see our\n\n[Editorial Policy](https://cryptobriefing.com/editorial-policy/).", "url": "https://wpnews.pro/news/alphabet-posts-119-8b-revenue-as-google-cloud-surges-82", "canonical_source": "https://cryptobriefing.com/alphabet-posts-119-8b-revenue-as-google-cloud-surges-82/", "published_at": "2026-07-22 20:23:34+00:00", "updated_at": "2026-07-22 20:39:58.083240+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-products"], "entities": ["Alphabet", "Google Cloud", "Sundar Pichai", "Gemini", "FactSet"], "alternates": {"html": "https://wpnews.pro/news/alphabet-posts-119-8b-revenue-as-google-cloud-surges-82", "markdown": "https://wpnews.pro/news/alphabet-posts-119-8b-revenue-as-google-cloud-surges-82.md", "text": "https://wpnews.pro/news/alphabet-posts-119-8b-revenue-as-google-cloud-surges-82.txt", "jsonld": "https://wpnews.pro/news/alphabet-posts-119-8b-revenue-as-google-cloud-surges-82.jsonld"}}