Alphabet Posts 22% Revenue Growth Amid AI and Cloud Expansion

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2026-04-30 15:01:02

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Alphabet Inc. reported Q1 revenue of $109.9 billion, surpassing estimates as its Google Services division and advertising engine delivered double-digit growth. The tech giant’s earnings per share nearly doubled year-over-year to $5.11, while operating margin expanded to 36.1%.

Google Search revenue climbed 19% to $60.4 billion, maintaining dominance despite softer performance in Google Network ads. YouTube and cloud infrastructure services contributed to the 16% rise in Google Services revenue—now representing 81.5% of total sales.

The company’s $62.6 billion net income included $37.7 billion from unrealized gains on equity investments, reflecting strategic bets on AI startups and blockchain ventures like BTC, ETH, and SOL through its CapitalG arm.

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