Google (GOOGL) Q1 2026 earnings results beat EPS and revenue expectations

Google's earnings figures continue to rise on the strength of its AI and cloud endeavors.

The Alphabet Company, the parent company for Google (GOOGL), has reported its earnings for the latest fiscal quarter. The company managed to beat its revenue and EPS expectations on the strength of its library of Google Services, Google Cloud, and various other products. Google reported a revenue figure of $109.896 billion USD for its Q1 2026 period, higher than the $92.22 billion estimated by industry analysts. The company reported an earnings per share (EPS) number of $5.11 per share, which is higher than both the analyst consensus estimate ($2.64/share) and whisper estimate ($2.80/share).

"2026 is off to a terrific start," CEO Sundar Pichai said in the Alphabet/Google Q1 2026 earnings report. "Our AI investments and full stack approach are lighting up every part of the business. Search had a strong quarter with AI experiences driving usage, queries at an all time high, and 19% revenue growth. Google Cloud revenues grew 63% with backlog nearly doubling quarter on quarter to over $460 billion. This was our strongest quarter ever for our consumer AI plans, driven by the Gemini App. Overall the number of paid subscriptions has now reached 350 million, with YouTube and Google One being the key drivers. Gemini Enterprise has great momentum with 40% quarter on quarter growth in paid monthly active users. And, finally, I’m pleased to see Waymo surpass 500,000 fully autonomous rides a week."

Pichai lauded Google Cloud's increasing growth, led by Google Cloud Platform (GCP) and its various AI endeavors. He also notes that direct Gemini API usage is up 60 percent from last quarter.

Alphabet Inc. (GOOGL) finished the trading day up by $0.13 per share. That number has increased dramatically in after-hours trading. Alphabet's stock is up by $23.18 per share at the time of this post.

There are several major tech players weighing in with quarterly earnings throughout Tuesday. That includes Microsoft, Meta, and several others. Keep it on Shacknews for the latest news.

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