Alphabet reported revenue growth to $127 billion

Alphabet released its financial results for the third quarter of 2026, recording total revenue of $127.6 billion. This figure represents a 25% year-over-year increase, driven by heightened demand for cloud services and search products.

The primary driver of these financial results was the Google Cloud division, which grew by 103% and generated $30.7 billion for the company. This surge is attributed to the large-scale adoption of enterprise AI tools and infrastructure solutions for commercial clients.

The company's search segment also saw its highest growth in new search queries in the last five years. The reported metrics reflect the successful monetization of generative models and the massive expansion of the corporation's computing power.