Alphabet, the parent company of Google, reported a 298% rise in net income to $112.1bn for the second quarter of 2026 (Q2 2026), compared to $28.2bn in the same period the previous year.
Earnings per share (EPS) increased by 294% to $9.11 from $2.31 in Q2 2025.
The company's revenue grew by 24% to $119.8bn, compared to $96.4bn in the second quarter of 2025. Alphabet attributes this growth to robust performance across its operations, marking the 12th consecutive quarter of achieving double-digit revenue growth.
Operating income for the reported quarter increased year-over-year by 30% to $40.8bn.
Alphabet also recorded a net gain of $98bn in other income, primarily due to unrealised gains on equity securities.
#alphabet #reported
Earnings per share (EPS) increased by 294% to $9.11 from $2.31 in Q2 2025.
The company's revenue grew by 24% to $119.8bn, compared to $96.4bn in the second quarter of 2025. Alphabet attributes this growth to robust performance across its operations, marking the 12th consecutive quarter of achieving double-digit revenue growth.
Operating income for the reported quarter increased year-over-year by 30% to $40.8bn.
Alphabet also recorded a net gain of $98bn in other income, primarily due to unrealised gains on equity securities.
#alphabet #reported
6 days ago
