"Revenue reached $109.90 billion, up 21.8% year over year and beating the $107.03 billion estimate by 2.67%. EPS landed at $5.11 versus the $2.63 consensus, a 94.10% beat. Net income hit $62.58 billion, including $36.91 billion in unrealized equity gains. Operating income reached $39.70 billion at a 36.1% operating margin."
"Google Cloud revenue grew 63% to $20.03 billion, with backlog over $460 billion. Capital expenditure more than doubled to $35.67 billion, and the dividend rose 5% to $0.22 per share quarterly."
"The $460 billion cloud backlog plus the doubled capex line signal a long-duration AI infrastructure commitment funded without compressing margin. Operating margin held at 36.1% while spending accelerated."
Alphabet reached a $4.81 trillion market capitalization as of May 7, 2026, with Class C shares at $395.14, second only to NVIDIA's $5.05 trillion valuation. Q1 FY2026 results drove a 13.77% weekly gain, with revenue of $109.90 billion exceeding estimates by 2.67% and EPS of $5.11 beating consensus by 94.10%. Net income totaled $62.58 billion including $36.91 billion in unrealized equity gains. Google Cloud revenue surged 63% to $20.03 billion with a $460 billion backlog. Capital expenditure more than doubled to $35.67 billion while maintaining a 36.1% operating margin. Prediction markets assign 23.5% probability to Alphabet ranking first by May 31, 2026, rising to 29.5% by year-end. Analyst consensus target is $398.06 with predominantly positive ratings.
#market-capitalization #ai-infrastructure-investment #cloud-revenue-growth #earnings-performance #capital-expenditure
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]